The Committee for Sustaining Oklahoma’s Energy Resources (SOER) will hold a free roundtable forum Wednesday in Oklahoma City to helpl oil and natural gas producers with management of properties considered to be marginal or in the red because of market conditions.
There will be no cost and online registration is available at SOEROK.com/workshops.
The event will be held at the Oklahoma City Geological Society’s Devon Geoscience Center from 8 a.m. until 12 p.m. While demand is low and supply is high in the current oil and natural gas market, the environment has become tougher for small producers. Marginal wells only produce a few barrels of oil a day and it requires a high price per barrel to be worth operating. A roundtable of industry experts will discuss the legal, operational, regulatory and bankruptcy issues that producers need to know as they take steps to maintain their properties during the low price times.
SOER recently concluded its annual Mid-Continent Digital Oilfield Conference in Tulsa and holds such events to encourage new processes and technological advancements sustaining the oil and natural gas industry and supporting marginally producing oil and natural gas wells.
