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Oil and Gas Value Chain – by Dev Aravind

This article is written with an objective that readers get a glimpse of the various activities starting from identifying and assessing Oil & Gas reserves to extraction of hydrocarbons, and the eventual selling of refined derivative products to consumers. The three facets of the value chain are: Upstream – Exploration and Production Midstream – Transportation […]

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Demystifying Resources and Reserves in Oil & Gas – By Aaditya Singh

An Exploration & Production company announced its 2018 year-end reserves thus: “The company produced approximately 5.3 MMboe in 2018 that exceeded its planned production numbers and replaced 88% of its 2018 production on a 1P gross reserves basis.” For the uninitiated, this piece of information may be difficult to understand. The objective of this article […]

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