1. Reserve-Based Lending vs Advanced Royalty Program

    For years, oil and gas investors have relied on antiquated means of obtaining the capital they need to fund their operations. Reserve-based lending for years now has been one of the only options for getting the funding you need quickly, but it often leaves little to be desired. That’s why at Advan…Read More

  2. WTI At Its Lowest Point In Nearly 20 Years

    WTI (West Texas Intermediate) has fallen to a near 20-year low. On March 18th, just a few days ago, the price of WTI crude went down to $20/bbl. The last time prices were in this range was back in 2002. Since the Corona Virus has sent nearly all global travel to a screeching halt. This virus has dea…Read More

  3. The Other Side of the Coin – High Grading Acreage and Well Productivity

    This summer, a popular theme in the industry, when speaking about macroeconomic trends, is the question of well productivity declining. The basic theory is in two parts. The first comes from the last commodity price collapse of 2014, when producers decided to drill only their most productive acreage…Read More

  4. The Impact of a Potential Industry Slowdown

    We have spoken before about institutional money (Wall Street) pulling back from investing and making loans in the oil and gas space. This is due to a need for producers and ancillary companies to operate with positive profit margins. Before the finance pullback, you did not necessarily need to be pr…Read More

  5. Traditional Bank Finance Becoming Unattractive and Unavailable for E&P

    Independent producers and mineral aggregators have always been in the market for unique finance solutions. Recently, however, traditional banking alternatives have become less attractive. In March, law firm Haynes and Boone LLC released their Spring 2019 Energy Roundup. In it, they discuss the shift…Read More

  6. West Texas Gas Prices Under Pressure

    I am not an optimist, but hopefully one day I will be. With West Texas gas prices still under pressure, the timing of new natural gas pipelines from the Permian remains critical. This increased take away gives the optimist hope. However, questions remain if this will be enough to offset the increase…Read More

  7. What Does ARC Offer and How Do These Products Fit Your Needs?

    Advance Royalty Payment and Volumetric Production Payment (VPP) These products give a royalty owner Advanced Royalty Program or a working interest owner (VPP) a payment upfront for a specific amount of production that will be produced in the future. These products have been designed for those who ne…Read More

  8. West Texas Tough Love

    I watched the movie No Country for Old Men last week for the second time. At first, it made me think about gas prices in West Texas, but then I was reminded of an old Texas oilman joke: Oilman:  "Well, I have some good news and bad news." Banker:  "Well, what is it?" Oilman:  "The bad news is we …Read More

  9. A Look Ahead: Summer Possibilities as Winter Comes to a Close

    Waha daily cash prices (Permian Nat. Gas Pricing Hub) traded down to $-.75 today. How can prices trade negative? The producer is paying the buyer to take the gas off their hands so that they can continue to produce more valuable production (Oil and NGLs). There may be relief in the near future as GX…Read More

  10. A Brief Look Into The Appalachian Basin

    In the recent history of the shale revolution, the Appalachian basin has been associated with huge amounts of natural gas production, and along with that, the need for interstate pipelines to get the gas to major demand regions (these regions primarily being the Northeast urban corridor, the southea…Read More