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April Oil & Gas News Roundup

A lot is happening in the Oil & Gas industry in the month of April. Continue reading our oil and gas news roundup to learn more about what’s happening in the industry this month.

Will ChatGPT Affect Oil and Gas Jobs?

There is absolutely no question that ChatGPT, and artificial intelligence, generally speaking, as it evolves, will affect oil and gas jobs.

The fact is, anything in the energy industry that requires data to be interpreted, measured, or quantified, A.I. will be able to do all of it more accurately and much faster – if not now, soon, as in the next five to 10 years. The only thing holding ChatGPT back from the oil and gas industry is the people in the oil and gas industry not adopting the technology. 

For more information on this new Ai technology click here.

EnerCom Dallas 

EnerCom, Inc. has published the presentation schedule and conference activities in detail on the EnerCom Dallas website. Strive Asset Management and the Federal Reserve Bank of Dallas have been recently added to the lineup of presentations on Wednesday afternoon, April 19th.

EnerCom Dallas, which will take place April 18-19, 2023 at Hotel Crescent Court in Uptown Dallas, is an energy-focused investment conference that provides institutional investors the opportunity to hear investor presentations from the top independent producers, midstream and oilfield service companies and meet their management teams to discuss their plans to drive development, fund operations and return value to shareholders in 2023. 

Attendees can register to attend the investment conference at no cost and can view the presentation and event schedule on the EnerCom Dallas Website at www.enercomdallas.com

Oil Falls as US Dollar Rises

Oil fell in a low-volume session, unable to withstand a rising US dollar while investors waited for upcoming supply constraints to hit the market.

Traders exited risk assets, pausing a rally in which prices have risen roughly 20% in the last three weeks. OPEC+’s surprise decision to slash output beginning in May reignited bullish bets on prices.

  • WTI for May delivery dropped 96 cents to settle at $79.74 a barrel.
  • Brent for June settlement dropped 94 cents to settle at $84.18 a barrel.

To read the whole article click here. 

Netherland Sewell to host Oil & Gas Property Evaluation Seminar in Dallas, Texas 

For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. (NSAI) has hosted a series of highly regarded oil and gas property evaluation seminars.  These jam-packed seminars are designed to give non-technical energy professionals such as bankers, financial institutional decision makers,  analysts, lawyers, accountants, and new oil and gas industry professionals a basic education detailing what information and data goes into financially evaluating oil and gas assets.  NSAI announced it is hosting its Oil & Gas Property Evaluation Seminar in Dallas this year with a two-day session on May 1-2, 2023.

It covers the basics: geology, petroleum engineering knowledge, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO2, and reserves calculations.

For more information or to submit a registration online, details and registration forms are located at https://netherlandsewell.com/property-evaluation-seminar-3/.

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