Alternatives

July 1, 2015

Third Quarter 2015

Value Focus: Energy

Exploration & Production Overview

As the 4th quarter begins, uncertainty is rife within the Exploration and Production (E&P) industry. Over 12 months into a declining oil price environment, barrel prices have experienced levels not seen since the financial crisis. The changing economics and marketplace have presented a challenging operating environment and E&P companies need to address their production levels, leverage levels and appetite for more (or less) reserve assets. Let’s first explore what has led us to the current situation: oil demand, supply, and price.

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EP Third Quarter 2026 Appalachia
EP Third Quarter 2026

Region Focus: Appalachia

Appalachian Basin production remained relatively stable over the review period despite a notable decline in drilling activity, supported in part by the completion of previously drilled wells. The basin’s modest production growth contrasted with the much stronger gains in the Haynesville, where drilling activity expanded significantly amid expectations for growing Gulf Coast LNG export demand. While both basins are heavily weighted toward natural gas, differences in infrastructure access and development economics contributed to their differing levels of activity.
Energy Industry Newsletter Oil & Gas Energy & Power
Read Now about EP Third Quarter 2026
Just Released: Q3 2026 Oil & Gas Industry Newsletter
Just Released: Q3 2026 Oil & Gas Industry Newsletter
Regional Focus: AppalachiaAppalachian Basin production remained relatively stable over the review period despite a notable decline in drilling activity, supported in part by the completion of previously drilled wells. The basin’s modest production growth contrasted with the much stronger gains in the Haynesville, where drilling activity expanded significantly amid expectations for growing Gulf Coast LNG export demand. While both basins are heavily weighted toward natural gas, differences in infrastructure access and development economics contributed to their differing levels of activity.
Oilfield Water Industry Update: Capacity, Reuse, and Investment
Oilfield Water Industry Update: Capacity, Reuse, and Investment
Disposal constraints are driving investment in oilfield water infrastructure, while beneficial reuse is creating potential new outlets for produced water. Discussions at the 2026 Oilfield Water Industry Update highlighted how capacity, contract durability, and ongoing capital needs influence operating decisions and valuations.

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