Firms Lay Transformation Blueprints for Post-Downturn E&P World

Journal of Petroleum Technology 

The US onshore operator that eventually thrives in the 2020s may now look something like Chesapeake Energy or Samson Resources II. It also might be backed by Quantum Energy Partners. The chief executive officers of those firms--two of which helped usher in the unconventional revolution--outlined their roles in an industrywide transformation at the NAPE Global Business Conference in Houston this week. Recent news of wheeling and dealing by operators added color to an event populated by leaders determined to prepare their companies for a new era in the upstream space. Much discussed by speakers and attendees were several deals announced in just the past week following a relatively slow last three quarters of acquisition and divestiture activity.

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