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Learn about oil and gas operations post-acquisition and due diligence processes, including exploration, planning, drilling, completions, production, and midstream activities. Understand acquisition phases, planning and permitting requirements, construction processes, and drilling techniques for efficient oil and gas development.
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Bringing it all Together:Oil & Gas Operations after Acquisition and Diligence Gina M. Banai
Exploration & Production Phases • Acquisition • Planning & Permitting • Construction • Drilling • Completions • Production • Midstream
Acquisition • The process of acquiring a Working Interest in Oil and Gas Leases for development • Landowners • Brokers • Oil & Gas Operators • Purchase in Fee
Planning & Permitting • Well site location and design is typically based upon the following factors: • Geology • Landowner preference • Current infrastructure in place • Roads, pipelines, etc. • Environmental restrictions • Wetlands, streams
Planning & Permitting • ESCGP-2 Permit • Earth Disturbance • General Permit • Stream and wetland crossings • Highway Occupancy Permit (HOP) • Well Permit • Joint Permit Application • For larger scale projects- when certain criteria are in place the Army Corps of Engineers and DEP must both evaluate and approve plans • Township Permits • Sewage • Grading