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11 Apr
Five Collaborations That Oil and Gas Could Copy
There’s been lots of calls to increase collaboration in the oil and gas world, but what does that actually mean? For inspiration I thought it might be useful to take a look at what kinds of collaboration are in place in other industries, and what these might mean for the oil and gas sector.  
Aussie gas M&A rearranges the deck chairs
26 Oct
Aussie gas M&A rearranges the deck chairs
What a whirl-wind week in Australia's oil and gas sector! A sizeable number of transactions, added to those already announced, have hit the press and should they all close, we'll see a significant amount of change in the number and size of operators. But is the sector fundamentally altering shape or are we merely rearranging the deck chairs? I think it's mostly deck chairs. Here's why.
Crine Scene tape
27 Apr
Is It Time for an Australian CRINE Wave?
The oil and gas world has not seen such a steep and prolonged price downturn for many years. Explorers and producers are carrying out the usual mayhem in tackling their cost and productivity issues. Layoffs, capital project deferral, supply chain pressure - it's all happening. But I was struck recently by a specific action being undertaken by one of the Queensland LNG projects that was a bit different, and it was having a spectacular impact. The project had taken the slightly rogue step of engaging with one of its suppliers in a conversation about how to make changes that would achieve serious cost reductions. How much? Think of a 6-fold improvement. This tactic has (or at least, had) a name. CRINE first originated in the North Sea basin years ago (1994) when the collapsing price of oil (down to $12 a barrel) almost put the North Sea out of business. What is CRINE? Could the ideas behind CRINE work in Australia? Here's my view. 
Inpex Ichthys Long View 1
27 Jan
Phoenix Rises. A Different LNG Industry Takes Shape
 Queensland's LNG projects have been on a bit of a rough ride of late. Take over talk, hostile investment bankers, sour ratings agencies, poor spot prices, low oil prices, high cost, low productivity, no buyers, looming competition - what's an LNG executive to do? Here's an idea: rethink the business model and change the shape of the industry
well head or christmas tree
11 Aug
How to Save a Fortune in Well Heads
illustration of a well head, also called a christmas treeA couple of weeks back, a visitor to our Gas Factory solutions room asked me what was the number one biggest cost out opportunity for Queenland's coal seam gas sector. Tough question, as there's a lot of options to consider. Do you shift the supplier base out of cost reimbursable contracts to an incentive structure? Do you adopt horizontal drilling, mimicking the shale gas projects in the US and Canada? How about drilling fewer but higher productivity wells by finding the sweet spots with more accuracy? Or perhaps by not drilling very low productivity wells in the first place?In my view the biggest prize is actually an equipment choice: the well head design. I wrote about this idea in September 2013, and I haven't changed my mind.
wpid-Photo-12-Nov-2013-441-pm.jpg
13 Nov
Australia’s Gas Storage Shortage

One of the most baffling aspects of the Queensland coal seam gas industry is how little gas storage is in place or being commissioned. I mean, there are a couple of facilities under development in the Surat Basin, but nothing like what you see with...

Part 5 – Collaboration in Coal Seam Gas

This is the fifth instalment in a series of blog posts about the potential for collaboration in Australia's Coal Seam Gas industry. The doodle below sets out a framework for approaching the challenge of collaboration. This post deals with the fifth level of collaboration, which...

Part 4 – Collaboration in Coal Seam Gas

This is the fourth instalment in a series of blog posts about the potential for collaboration in Australia's Coal Seam Gas industry. The doodle below sets out a framework for approaching the challenge of collaboration. This post deals with the fourth level of collaboration,...

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