Shortly after the COVID-19 pandemic achieved global reach, the oil and gas industry experienced a crisis of its own, with prices dropping sharply—at one point, WTI crude was valued at a negative dollar amount. Private equity firms heavily...
Read MoreFive Reasons to Hire an Oil and Gas Consultant
The energy industry is no stranger to instability, but the “double pandemic” of the global COVID-19 crisis and oil price collapse has created an atmosphere of uncertainty that presents longer-term challenges. Our workforce is changing. Many oil...
Read Moreby SPRI Team | Sep 25, 2020 | Seismic Interpretation/Well Optimization
SPRI Welcomes James Bloomquist as Business Development Manager
HOUSTON, TEXAS (PRWEB) JULY 16, 2020
Read Moreby SPRI Team | Jul 16, 2020 | News & Events
Making the Most of It in Times of Uncertainty in Oil & Gas
With an oil supply glut from OPEC+ and increasing uncertainty as a global pandemic further reduces demand, upstream oil and gas is facing unprecedented challenges. Many companies are facing hard decisions with oil prices falling to historic lows,...
Read Moreby SPRI Team | Jun 04, 2020 | Investment & Finance
Cutting Overall Oil & Gas Operating Expenses: How Consultants Can Help
Every oil and gas operation faces periods of economic uncertainty at some point, and cost-cutting strategies become top priorities to allow business to continue. Often, decisions regarding trimming expenses are difficult, particularly in the...
Read Moreby SPRI Team | Nov 05, 2019 | Investment & Finance
Risk Analysis: Economic Evaluations of Oil and Gas Investment
The growth potential for oil and gas investments is substantial, provided that companies perform proper risk analysis first. The industry is still the primary source for the world’s power even as exploration into alternative sources continues....
Read Moreby SPRI Team | Aug 26, 2019 | Investment & Finance
Working with an Upstream Oil & Gas Consulting Firm
The dynamic oil and gas industry is continually shifting, and keeping pace with regulations, competition, and industry growth throughout the chain is no easy feat.
Startups and established companies alike may find themselves at a crossroads and...
Read Moreby SPRI Team | Aug 13, 2019 | Investment & Finance
Digital Technologies Offer Great Value to the Global Oil and Gas Industry
Only a couple of years ago, while the world reeled from the economic effects of the global recession, the oil and gas industry benefited from high consumer demand and rising crude valuation. OPEC crude oil prices went up as high as US$109.45 per...
by SPRI Team | Jul 30, 2018 | Technology
Seismic Interpretation: The Importance of Data to the Oil Industry
Demand for commodities such as gasoline, diesel, and petrochemical products increases each year, and it is imperative for oil companies to supply that demand at a profit. Although drilling oil wells cost millions of dollars (depending on the size...
Read Moreby SPRI Team | Jun 22, 2018 | Seismic Interpretation/Well Optimization
Reservoir Characterization: A Crucial Step in the Upstream Industry
The world won’t see a shortage of petroleum in the next few decades, says the Massachusetts Institute of Technology (MIT) Technology Review. The challenge, however, lies in making up for the dwindling easy-to-extract oil supplies.
From 2010 to...
by SPRI Team | May 30, 2018 | Seismic Interpretation/Well Optimization