Planning for production in a cost-cutting environment

摘要

To maintain production, operators must drill new wells or optimize production on their existing ones. For today's oil and gas operators, free positive cash flow is the new black. Over the course of the past year or so, operators have been cutting spending, primarily in their drilling activities and turning to optimizing their production in an effort to please Wall Street and bring back skeptical investors who have pulled back the reins on investing in energy. A recent Drillinginfo report stated that funding raised in the energy industry through public equity and debt offerings declined by 36% year-over-year.