EFS


Implications of the Drop in Crude Prices

Sub-$70/barrel oil is rapidly changing the operational climate for US oil and gas production. As highlighted in the December 4th Houston Business Journal article, “Oil price drops means businesses need to mitigate risk now,” a reevaluation of financial risk and mitigation measures is necessary to remain viable and profitable in this new environment. The article focuses at the CFO level of financial evaluation and posed the following hypothesis: “The survivors will be those producers that […]


Oil Theft in the Eagle Ford Shale

Oil field theft is not new, but with the rapid development in the Eagle Ford Shale, the opportunity for extensive and pervasive theft has expanded.  Today’s article in the San Antonio Business Journal highlights the impactthat such theft has on not just the companies from whomthe oil was stolen, but also the community as a whole.  Indications from law enforcement and oilfield history are that this is far from an isolated case.  However, oil field […]


Houston Business Journal Article: Railroad Commissioner Expresses Concern about Threat Posed by Mexican Cartels

Yesterday’s article in the Houston Business Journal highlights an issue that Butchko, Inc. has been talking about for a while. Click here for full article. The Mexican cartels have and continue to exert significant influence in the Eagle Ford Shale region. Their operations are not new but they have certainly benefited from the sudden expansion of activity in the area. The risk of confrontation is significant and increasing as more and more companies commence operations […]


Eagle Ford Revisited

It is easy to dismiss the chronic issue of human and drug smuggling in the Eagle Ford Shale Play as “the way it has always been in this part of Texas,” throw up a game fence, and get on with operations. This is a very shortsighted, naïve approach to the issue that does not take into account how much things have changed in the region. Bluntly put, it’s not your grandfather – or even your […]