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[Updated 2023] Top 20 Oil and Gas PPT Templates to Keep your Industry Up and Running!

Gunjan Gupta

The oil and gas industry is the largest sector in terms of dollar value as it produces energy for several other automated activities. The extraction and refining of these two natural resources pave the way to the generation of a long list of petroleum products like fuel, gasoline, plastics, asphalt, pharmaceuticals, and others. This industry is also a significant contributor to the GDP (gross domestic product) of many nations, hence, it is a crucial element in the global economy’s framework. 

Investors and individuals looking to enter this field can be quickly overwhelmed by the million possibilities, complex jargon and unique metrics used throughout the sector. To help you cope with this issue, we have come up with 20 pre-designed oil and gas PPT templates. These templates have been designed to help anyone understand and present the fundamentals of the oil and gas industry comprehensively. Also, use these templates to explain the key concepts as well as standards of measurement in front of the senior decision-makers and close more deals. 

Let us dive in!

Oil and Gas PPT templates to Download 

Template 1: Oil and gas industry outlook case competition PowerPoint presentation slides

Gas and oil companies have always been the most successful businesses in the world. If you are running an oil company, this template is the right fit for you. This PPT Deck provides top-of-the-line slides to measure up your company against the competition and help you explain the fundamental process of importing and export of crude oil with ease. Apart from this, you can also utilize this template to present some facts and figures in front of your stakeholders, thus showing the overall positioning and profits of your organization. 

Download Oil And Gas Industry Outlook Case Competition

Template 2: Coronavirus impact assessment and mitigation strategies in the oil and gas industry complete deck

More than 90% of the vehicles in the world run on oil. Also, a majority of our daily needs are dependent on oil, be it traveling, fulfillment of energy requirements or use of various substances. Therefore, a content-ready PPT template about the impact COVID-19 had on the oil and gas industry is really helpful. This PPT slide can help you deliver the assessment of the damage caused and present the strategies to mitigate it to your stakeholders. Moreover, you can edit this slide any which way, to suit your personal needs as it is fully customizable. 

Download Coronavirus impact assessment and mitigation

Template 3: Covid business survive adapt and post recovery for oil and gas industry complete deck

Other than food and water the most commonly used resource is oil and just like every other business, COVID shook the pil and gas business hard. Present information about the strategies to survive, adapt and recover after being hit by the Covid-19 policies worldwide. Apart from this, you can use this as an introductory slide to give a brief overview of your oil and gas refinery undertakings. 

Download Covid business survive adapt and post recovery

Template 4: Oil and gas refinery in working

This template can serve as a blueprint to explain the working of any oil and gas refinery with ease. Fit for every industrialist, this template will help you design a great presentation with ease whether it is academic, business-oriented or related to environmental issues. You can also use this template to showcase the steps of protecting this natural energy resource from depletion. Energy conservation pointers can also be comprehensively explained by including this slide into the work culture.   

Template 5: Oil rig drilling machine with locations

You can use this template for any small scale or large scale industry depending upon your requirement. This template is built keeping into consideration the needs and requirements of the user and so it is fully responsive and editable. It can be adopted by oil and gas companies looking to expand their horizon and establish trust and loyalty in their audience. 

Download Oil Rig Drilling Machine With Locations

Template 6: Oil and gas rig in the middle of the sea

Oil governs modern economies nowadays and is used to manufacture many other products like ink, perfumes, plastic, medicine, dyes, running cars and airplanes. If you require delivering a presentation on oil, global warming, renewable sources, energy conservation, etc. then this template is an ideal set for you. Download, make the changes and deliver your presentation with full confidence and agility.   

Template 7: Oil and gas rig image

Use this Oil and Gas Rig extraction PPT template to create professional presentations effortlessly. With various editable layouts and design elements, this template will prove to be a great choice for anybody designing presentations related to subsoil, rig, pie, petroleum, extraction of oil and similar other topics. You can easily download this template and enhance your overall productivity with it. 

Download Oil And Gas Rig Image

Template 8: Oil and gas factory image with smoke

Utilize this oil and gas factory PowerPoint template to create impressive presentations whether they are business-oriented or academic. You can also showcase the mechanism and operational efficiency of oil and gas factories with this resourceful slide. The environmental hazards of this factory can also be displayed with this editable layout. With custom-made design elements, this PPT is a great choice for topics like energy conservation, environment, building, smoke, pollution, and others of the lot. 

Download Oil And Gas Factory Image With Smoke

Template 9: Oil and gas rig with flames from the chimney

Explain the offshore drilling structures and their types using this template. Showcase the entire mechanism of an offshore drilling system visually with this attractive layout. The upstream and downstream process of the reservoir and drilling process can also be elucidated using this slide, the content of which can be altered as per your individual requirements. This template is a good start to save, lots of time, energy and money as it is pre-designed and intuitively created. So, download it now to get started. 

Download Oil And Gas Rig With Flames From Chimney

Template 10: Oil and gas filling station

Fuel is an important source to keep our transportation up and running. Use this oil and gas filling PPT template to showcase various stations in the city. Map out the various oil and gas filling stations for the customers’ ease and comfort with this editable layout. You can also use this slide to demonstrate the structure of a gas filling station and explain its entire mechanism to your audience. 

Download Oil And Gas Filling Station

Template 11: Oil and gas extractor icon with pump and meter

This template is a perfect set for industrial groups or organizations, manufacturing companies, steel, engineering, gas, petroleum amongst others. Petrol pumps can use this icon template to demonstrate the process of filling the vehicles and inspire trust in the customers. Apart from this, it can also be used to showcase your licensed petrol pump and its overall functioning to the government officials. 

Download Oil And Gas Extractor Icon With Pump And Meter

Template 12: Oil gas economic PowerPoint presentation slide template

This template is designed for all the gasoline stands selling petrol and eco-friendly fuel. You can also use this template to explain the various types of services offered by your gas filling station be it full service, minimum service or self-service depending upon the business dwellings. Additionally, present your fuel quotations in this template that are susceptible to changes. Since this template can be edited and customized it is fit for all your industrial dwellings. Engage your audience with this gas filling station PPT slide which can be incorporated in any business presentation. 

Download Oil Gas Economic PowerPoint Presentation Slide Template

Template 13: Mining oil and gas extraction KPI dashboard showing steam to oil ratio and oil reserves

Oil and gas companies require a large amount of data to make better data-driven decisions. This template can prove to be very useful in providing insights related to oil and gas reserves, extraction units, revenue generation, oil production, etc. It can also help you understand both internal and external factors such as gas price volatility, changes in taxation, regulation, rise in alternative energy resources and others. Since the design of this slide is fully responsive, you can alter it as per your business needs. 

Download Mining Oil And Gas Extraction KPI Dashboard Showing Steam To Oil Ratio And Oil Reserves

Template 14: Mining oil and gas extraction KPI dashboard showing average production costs and energy consumption

Oil and gas companies need to track large amounts of data and often in real time. Monitoring several different areas can be quite overwhelming, thus we have designed this mining oil and gas extraction dashboard PPT for you. Use this slide to evaluate key metrics like production cost, energy consumption, and other similar ones at one single place. Since this template is so responsive to all your needs and requirements it will help you meet your goals very easily. 

Download Mining Oil And Gas Extraction KPI Dashboard 

Template 15: Huge offshore oil drilling rig

Offshore structures are used across the globe for a variety of functions and water depths. Present a general overview of all the aspects of offshore drilling including right planning, transportation, fabrication, installation, commissioning of petroleum platforms and others using this fully resourceful template. You can also explain the basic fundamentals of the types of offshore structures, with this editable layout. 

Download Huge Offshore Oil Drilling Rig

Template 16: Offshore oil rig drilling platform

Use this template to discuss the three primary types of offshore oil rigs. This template can also be useful to show the locations of various oil rigs and their mechanism to your workforce. Since, offshore drilling poses a lot of environmental challenges, you can use this template to present an overview of all of them to create awareness. This is a very intuitively designed template, so you can alter all its elements to make it fit your business. 

Download Offshore Oil Rig Drilling Platform

Template 17: Oil rig central processing platform

Use this template to introduce upstream and downstream offshore drilling facilities like exploration, appraisal, development, and others. This PPT slide can be used to explain the complex structure of an oil rig and its subtypes depending upon the needs of the user. It also comes in an editable format, so you can make changes as and when necessary to suit your personal needs. 

Download Oil Rig Central Processing Platform

Template 18: Supply vessel leaving oil rig

You can incorporate this template in your business and academic presentations to showcase the various tasks of a supply vessel in the supply chain. Elaborate more on the offshore supply vessel sizes and their uses in various activities with this fully responsive layout. Explaining multiple concepts is far easier with this pre-designed template as it has a very attractive layout, perfect to grab the immediate attention of the audience. 

Download Supply Vessel Leaving Oil Rig

Template 19: Six oil and gas icons with flames and fuel drop

Just like any other industry, the oil and gas industry also has a few icons that can help you showcase different factors. In this template, we have included 6 icons symbolic of various factors. You can either use these icons separately to display various determinants or use them with one-other to explain various concepts with ease. Since these icons are fully editable, you can change all the elements whether that is color, font, shape, size, and others as deemed fit. 

Download Six Oil And Gas Icons With Flames And Fuel Drop

Template 20: Evening view of oil producing rig

Showcase the process of exploring, extracting, storing and processing petroleum with this oil rig PPT template. Present an overview of the offshore drilling challenges and their impact on the environment by employing this fully editable slide. You can either use this PPT layout in conjunction with your business and academic presentations or present it as it is depending upon your needs. 

Download Evening View Of Oil Producing Rig

Now that you have gone through our best oil and gas templates, all that’s left for you is to download and watch them give a boost to your business! 

What are oil and gas?

Oil and gas are natural resources that are extracted from the Earth's subsurface. Oil is a liquid hydrocarbon that is commonly used as fuel for transportation, heating, and electricity generation. It is also used to produce a variety of petrochemical products, including plastics, lubricants, and fertilizers. Gas, on the other hand, is primarily composed of methane and is often used as fuel for heating and cooking. It can also be used to generate electricity and is an important feedstock for the production of petrochemicals. Oil and gas exploration and production are complex processes that involve drilling wells, extracting the resources, and transporting them to processing facilities or end-users. The oil and gas industry is a crucial component of the global economy, providing jobs, energy, and raw materials for a wide range of industries.

What are the 3 stages of oil and gas?

The three stages of oil and gas are exploration, production, and refining:

• Exploration: In this stage, geologists and geophysicists study the Earth's subsurface to identify potential oil and gas deposits. This involves analyzing rock formations, seismic data, and other geological information to locate areas where oil and gas may be present. Once a potential site is identified, exploratory drilling is carried out to confirm the presence and quantity of oil and gas reserves.
• Production: Once an oil or gas deposit is discovered and confirmed, the production stage begins. This involves drilling wells and extracting resources from the ground. The extracted oil and gas are then transported to processing facilities, where they are separated and refined into different products.
• Refining: The refining stage involves processing crude oil into a range of products, including gasoline, diesel fuel, and other petrochemicals. The refining process involves distillation, where crude oil is heated and separated into different components based on their boiling points. These components are then further processed and blended to create the final products that are used in various industries, including transportation, manufacturing, and agriculture.

What are the different types of oil & gas?

There are several different types of oil and gas, each with its own unique properties and characteristics. Here are some of the most common types:

• Crude oil: This is the most commonly known type of oil and is a liquid hydrocarbon that is extracted from underground reservoirs. Crude oil is a mixture of different hydrocarbons and may contain impurities such as sulfur.
• Natural gas: This is a naturally occurring gas made up primarily of methane, although it may also contain other hydrocarbons such as ethane, propane, and butane. Natural gas is often found alongside oil deposits and can be extracted from underground reservoirs or from shale rock formations through hydraulic fracturing.
• Liquefied petroleum gas (LPG): LPG is a mixture of propane and butane gases that are liquefied through compression. It is often used as a fuel for heating and cooking in homes and businesses.
• Gasoline: Gasoline is a refined product of crude oil and is used primarily as a fuel for transportation. It is a volatile, highly flammable liquid that is blended with other additives to improve its performance.
• Diesel fuel: Diesel fuel is also a refined product of crude oil and is used as fuel for heavy-duty vehicles and equipment. It has a higher energy density than gasoline and is often used in applications that require more power and torque.
• Jet fuel: Jet fuel is a specialized type of kerosene that is used to power jet engines in airplanes. It is a highly refined product of crude oil and must meet strict specifications for quality and performance.

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Oil And Gas Pitch Deck Presentation Guide 2024 Insights | Template, Framework

February 20, 2024

Presentation and Pitch Expert. Ex Advertising.

$100mill In Funding. Bald Since 2010.

Welcome, ladies and gentlemen, to the “Crude Genius: The Oil and Gas Pitch Deck Guide” – where I’ll help you strike black gold in the world of investor presentations.

As I dive into this exhilarating adventure, brace yourselves for a wild ride through the ups and downs of this fossil fuel rollercoaster.

I’m bringing you a pitch deck guide that’ll make your competitors gasp in envy and your investors spill their coffee with excitement.

I’m Viktor, a pitch deck expert , and a presentation specialist . Over the past 13 years, I’ve helped businesses secure millions in funding and new business, and today, I’m here to guide you through the greasy world of building an oil and gas pitch deck. 

It’s like building an oil rig, but without the oil and the rig.

So fasten your seatbelts, oil tycoons-in-training, and get ready for an adventure that’s gonna make you yell, “Houston, we have funding!”

Let’s drill, baby, drill!

Book a free personalized pitch deck consultation and save over 20 hours of your time.

Join hundreds of successful entrepreneurs who’ve transformed their pitch decks with my help.

Let me develop an investor ready deck by using my hands-off approach, which includes: market research, copy, design, financials, narrative and strategy.

One week turnaround time.

The least you will get is 10 actionable tips & strategies to own that next presentation, worth $599, for free.

9. Marketing and Sales Strategy

14. contact information, thank you / contact information, risk mitigation and contingencies, actionable steps for incorporating sustainability into your pitch deck, actionable steps for incorporating technological innovations into your pitch deck, actionable steps for incorporating financial modeling into your pitch deck, actionable steps for addressing regulatory compliance in your pitch deck, actionable steps for incorporating market analysis into your pitch deck, actionable steps for incorporating risk management into your pitch deck, actionable steps for incorporating energy transition into your pitch deck, actionable steps for incorporating engagement into your pitch deck, actionable steps for incorporating emerging markets into your pitch deck, actionable steps for incorporating case studies into your pitch deck, 7. mock news report on future success, can i publish my oil and gas pitch deck presentation on my website or social media, what is an oil and gas pitch deck.

An oil and gas pitch deck is a concise and visually appealing presentation that serves as a persuasive tool to attract investors, partners, or stakeholders in the oil and gas industry. It is typically used by companies seeking funding for exploration, production, or other ventures related to the oil and gas sector.

The pitch deck distills complex information about the company’s operations, financials, market analysis, growth strategy, and competitive advantages into a compelling narrative. It highlights the unique value proposition, potential returns on investment, and the overall viability of the project.

An effective oil and gas pitch deck includes key elements such as an engaging executive summary, a clear problem statement, a robust market analysis, a comprehensive overview of the project or company, a detailed financial plan, and a compelling call to action.

It should be concise, visually appealing, and designed to captivate the audience while conveying the business’s potential for success in the oil and gas industry.

​​H ow important is it to have a great oil and gas pitch deck when asking for funding? 

Having a great oil and gas pitch deck is crucial when seeking funding for several reasons.

Let’s delve into some research to highlight the importance of a compelling pitch deck in the context of fundraising within the oil and gas industry.

• Captivating Investor Attention: According to a study conducted by DocSend, investors spend an average of just 3 minutes and 44 seconds reviewing a pitch deck . Thus, a well-crafted and visually engaging pitch deck becomes essential to capture and retain investor attention within this limited timeframe.
• First Impression Matters: Research from the Journal of Business Venturing suggests that investors form their initial impression of a pitch within the first 60 seconds. A strong pitch deck can effectively communicate the company’s value proposition, competitive advantage, and growth potential, making a positive impact right from the start.
• Differentiation and Competition: The oil and gas industry is highly competitive, with numerous projects vying for limited funding. A compelling pitch deck that clearly articulates the project’s unique value proposition, innovative approaches, and market differentiators can help set it apart from the competition, increasing the chances of securing funding.
• Confidence and Credibility: A well-prepared pitch deck demonstrates professionalism, preparedness, and a deep understanding of the market and industry dynamics. Research by Harvard Business School suggests that confidence and credibility play significant roles in investor decision-making, making a strong pitch deck essential for instilling trust and belief in the project’s potential.
• Information Retention: Studies have shown that visual aids significantly improve information retention. A visually appealing pitch deck with well-organized information, charts, and graphics can enhance the audience’s comprehension and memory of key details about the project, increasing the likelihood of generating investor interest and follow-up discussions.

In summary, a compelling oil and gas pitch deck is vital for capturing investor attention, making a strong first impression, differentiating from competitors, building confidence and credibility, and enhancing information retention.

By investing time and effort into crafting a great pitch deck, companies increase their chances of securing the funding needed to drive their oil and gas ventures forward.

What Does An Oil and Gas Pitch Deck Include?

An oil and gas pitch deck typically includes the following key components:

• Executive Summary: A concise overview of the project or company, highlighting its unique value proposition, market potential, and investment opportunity.
• Problem Statement: Clearly define the problem or opportunity in the oil and gas industry that the project aims to address, emphasizing the market need or gap.
• Market Analysis: Provide a comprehensive analysis of the target market, including market size, growth trends, competitive landscape, and potential risks or challenges. Use data, charts, and visuals to support your analysis.
• Business Overview: Present a detailed description of the project or company, including its mission, vision, goals, and core operations. Highlight any proprietary technologies, strategic partnerships, or competitive advantages that set you apart.
• Technical Overview: If applicable, provide technical details about the project, such as exploration methods, extraction techniques, or production processes. Explain any innovative or environmentally friendly aspects.
• Financials : Present financial information, including revenue projections, cost structures, profit margins, and return on investment potential. Include key financial metrics, such as net present value (NPV) and internal rate of return (IRR), to demonstrate financial viability.
• Growth Strategy: Outline your growth plan, including expansion opportunities, geographic targets, and marketing strategies. Emphasize how you plan to scale the project and achieve market dominance.
• Team and Advisors: Introduce the key members of the management team, highlighting their expertise, relevant experience, and track record. Mention any notable advisors or industry experts supporting the project.
• Milestones and Roadmap: Present a timeline of key milestones and deliverables, illustrating the project’s progression and expected outcomes. This helps demonstrate a clear path to success and provides investors with a sense of project management.
• Investment Proposal: Clearly state your funding requirements, specifying the amount sought, the equity or debt structure, and the proposed use of funds. Include a compelling call to action for investors to participate in the opportunity.

Remember, the content and structure of a pitch deck can vary depending on the specific project and target audience. It’s essential to customize the pitch deck to align with the investor’s interests, needs, and investment criteria.

10 Tips To Help You Create an Oil and Gas Pitch Deck Presentation

Creating an effective oil and gas pitch deck presentation requires careful planning, research, and attention to detail. Here’s a step-by-step guide to help you create a compelling pitch deck:

• Understand Your Audience: Research and identify the target investors or stakeholders who will be reviewing your pitch deck. Understand their interests, investment preferences, and any specific criteria they may have. Tailor your presentation to align with their needs.
• Define Your Key Messages: Clearly articulate the unique value proposition of your oil and gas project. Identify the most important messages you want to convey to your audience, such as the problem you’re solving, the market opportunity, and the potential returns on investment.
• Structure Your Presentation: Organize your pitch deck into logical sections, including the executive summary, problem statement, market analysis, business overview, financials, growth strategy, team, milestones, and investment proposal. Ensure a smooth flow and coherent narrative.
• Use Engaging Visuals: Incorporate visually appealing graphics, charts, and images to enhance comprehension and engagement. Visuals should support your key points and data, making complex information more accessible and memorable.
• Keep it Concise: Limit the content on each slide to the essential information. Use bullet points, short sentences, and clear headings to convey your message efficiently. Avoid overcrowding slides with excessive text or cluttered visuals.
• Communicate the Market Opportunity: Provide a thorough analysis of the oil and gas market, including size, trends, and competitive landscape. Highlight the market need or gap that your project addresses and demonstrate its growth potential.
• Showcase Your Team: Introduce your management team and key personnel, emphasizing their expertise, relevant experience, and achievements. Investors want to see a capable and committed team that can execute the project successfully.
• Quantify Financial Projections: Present realistic and well-supported financial projections, including revenue forecasts, cost structures, and profitability metrics. Use graphs or charts to illustrate the financial performance over time.
• Highlight Competitive Advantages: Clearly articulate your project’s competitive advantages, whether it’s unique technology, strategic partnerships, cost efficiencies, or regulatory advantages. Explain how these factors differentiate your project from competitors.
• Practice and Refine: Practice your pitch deck presentation to ensure a smooth delivery and effective communication. Seek feedback from trusted advisors or colleagues and refine your pitch deck based on their input.

Remember, a pitch deck should be concise, compelling, and visually appealing. It should tell a persuasive story about your oil and gas project, focusing on the value proposition, market opportunity, financial viability, and team capabilities. Tailor the presentation to the specific needs and interests of your target audience, and continuously refine and update the pitch deck as needed.

The Exact Oil and Gas Pitch Deck Slide Structure You Can Steal And Use

While the specific slide structure may vary depending on your project and target audience, here is a suggested outline for an oil and gas pitch deck that you can customize and use as a starting point:

1. Title Slide

• Company name/logo
•  Presentation title
•   Date

2. Executive Summary

• Brief overview of the project
• Key value proposition
• Investment opportunity

3. Problem Statement

• Clearly define the problem or market opportunity
• Explain the pain points or challenges in the oil and gas industry

4. Market Analysis:

• Market size and growth potential
• Competitive landscape
• Key market trends and dynamics

5. Solution/Technology

• Describe your project or technology
• Explain how it addresses the problem or market need
• Highlight any innovative or unique aspects

6. Business Model

• Revenue streams and pricing strategy
• Distribution channels
• Key partnerships or collaborations

7. Competitive Advantage

• Identify and articulate your project’s competitive advantages
• Highlight what sets you apart from competitors
• Explain any barriers to entry or intellectual property protection

8. Financials

• Revenue projections and growth trajectory
• Cost structure and profitability analysis
• Funding requirements and use of funds
• Target market segments
• Customer acquisition and retention strategies
• Marketing and sales channels

10. Team and Advisors

• Introduce key members of the management team
• Highlight their relevant experience and expertise
•  Mention any notable advisors or industry experts

11. Milestones and Roadmap

• Present a timeline of key milestones and deliverables
• Outline the project’s development stages
• Highlight achievements to date

12. Risks and Mitigation

• Identify potential risks and challenges
• Discuss strategies to mitigate or overcome them
• Show that you have considered and planned for potential obstacles

13. Investment Proposal

•  Specify the funding amount sought
•  Describe the equity or debt structure
•  Outline the expected returns on investment
• Provide contact details for further inquiries
• Include website, email, and phone number

Remember to customize each slide with relevant content, compelling visuals, and concise text. Use charts, graphs, and images to support your key points and make the presentation visually engaging. Adapt the slide structure based on the specific needs and preferences of your target audience.

For more guidance, check out my upstream company pitch deck outline and my oil and gas verticals pitch deck outline .

Get Your Copy Of My Pitch Deck Template That Helped Clients Get Millions In Funding

To attract the attention of potential buyers and investors in the oil and gas industry, it’s crucial to have a well-crafted pitch deck that effectively communicates your product or service. While there are ready-made templates available on platforms like Canva, Slidesgo, and Google Slides, they may not align perfectly with your brand. This means you’ll need to invest significant time and effort in customizing them to fit your brand guidelines.

However, there’s a more efficient solution.

By using a custom-written template, you can save time and create a pitch deck that perfectly reflects your brand identity. I have helped my clients develop exceptional oil and gas pitch decks using this approach, enabling them to secure impressive funding, deals, and investments.

If you’re seeking a streamlined method for creating a pitch deck tailored to your oil and gas business, feel free to reach out and access the template structure that has already proven successful for others.

The importance of understanding your audience when creating an oil and gas pitch deck

Understanding your audience is crucial when creating an oil and gas pitch deck for several reasons:

• Relevance : Tailoring your pitch deck to your specific audience ensures that the content and messaging resonate with them. By understanding their interests, preferences, and investment criteria, you can align your presentation to address their specific needs. This increases the chances of capturing their attention and generating interest in your project.
• Customization: Different investors or stakeholders may have varying levels of familiarity with the oil and gas industry. By understanding your audience, you can customize your pitch deck to match their level of knowledge and expertise. This allows you to strike the right balance between providing necessary background information and diving into more technical or industry-specific details.
• Value Proposition: Knowing your audience enables you to emphasize the aspects of your project that are most important to them. Whether it’s financial returns, environmental sustainability, technological innovation, or social impact, understanding your audience helps you highlight the specific value proposition that aligns with their interests. This increases the likelihood of capturing their attention and generating a positive response.
• Communication Style: Different investors or stakeholders may have varying preferences when it comes to communication style and presentation format. Some may prefer concise, data-driven slides, while others may appreciate a more narrative-driven approach. By understanding your audience, you can adapt your communication style to resonate with them, increasing the effectiveness of your pitch deck.
• Overcoming Objections: Understanding your audience allows you to anticipate and address potential objections or concerns they may have. By addressing their specific pain points, risks, or challenges, you can proactively provide solutions or mitigations, demonstrating your preparedness and credibility. This can help overcome skepticism and build trust with your audience.
• Investor-Project Fit: Not every investor or stakeholder will be the right fit for your project. Understanding your audience helps you identify those who align with your project’s goals, values, and investment criteria. By targeting the right audience, you increase the chances of finding investors who are genuinely interested in and supportive of your oil and gas venture.

This personalized approach increases the effectiveness of your pitch deck and enhances your chances of securing funding or support for your venture.

Why is it important to craft a compelling story when creating an oil and gas pitch deck?

Crafting a compelling story within your oil and gas pitch deck is essential for several reasons:

• Emotional Connection: Humans are wired to respond to narratives and storytelling. By presenting your oil and gas project as a compelling story, you engage your audience on an emotional level. This emotional connection can make your pitch deck more memorable, impactful, and persuasive.
• Capturing Attention: In a competitive landscape, capturing and maintaining your audience’s attention is crucial. A well-crafted story within your pitch deck helps grab attention from the start and keeps your audience engaged throughout the presentation. It sets the stage for the information you’re presenting and makes it more compelling and relatable.
• Communicating Complex Ideas: Oil and gas projects often involve technical or complex concepts. A story-driven approach helps simplify and communicate these ideas effectively. By presenting information in a narrative format, you can make it more accessible, relatable, and easier to understand for your audience.
• Creating a Memorable Experience: A compelling story has the power to leave a lasting impact on your audience. By structuring your pitch deck as a narrative, you create a memorable experience that sticks in the minds of investors. This can significantly increase the chances of them remembering your project and recalling its key points.
• Differentiation : In the oil and gas industry, where numerous projects are vying for attention, a compelling story helps differentiate your project from the rest. It allows you to showcase your project’s unique value proposition, vision, and mission in a way that stands out. This differentiation can make your project more appealing and memorable to potential investors.
• Engendering Trust and Confidence: A well-crafted story demonstrates your understanding of the industry, the problem you’re solving, and your ability to execute the project. It builds trust and confidence in your capabilities and vision. When investors connect with your story, they are more likely to trust you with their investment and feel confident in your ability to deliver results.
• Call to Action: A compelling story naturally leads to a clear call to action. By guiding your audience through a narrative journey, you can create a sense of urgency and excitement that motivates them to take the desired action, whether it’s investing in your project, partnering with you, or supporting your venture in some way.

To help you improve your narrative, check this selection on the best books for pitching . The authors have won billions in $ thanks to their ability to create stories when pitching and are sharing their methods with you.

In summary, crafting a compelling story within your oil and gas pitch deck helps you capture attention, communicate complex ideas, create a memorable experience, differentiate your project, build trust and confidence, and drive a clear call to action.

By leveraging the power of storytelling, you can make your pitch deck more engaging, persuasive, and effective in securing support and funding for your oil and gas venture.

How important are design and visuals when creating an oil and gas pitch deck?

Design and visuals play a crucial role in creating an impactful and engaging oil and gas pitch deck. Here’s why they are important:

• Capturing Attention: In a world filled with information overload, a visually appealing pitch deck stands out and captures the attention of investors. Well-designed slides with eye-catching visuals and aesthetics create a positive first impression and make your presentation more memorable.
• Enhancing Comprehension: Visual elements such as charts, graphs, infographics, and images can help simplify complex data and concepts. They make it easier for investors to understand key information and insights quickly. Visuals can enhance comprehension, especially for non-technical investors who may not be familiar with the intricacies of the oil and gas industry.
• Conveying Information Efficiently: Design elements such as fonts, colors, and layout can be used strategically to guide the audience’s focus and highlight key points. Visuals can help communicate information more efficiently than lengthy paragraphs of text, enabling you to convey your message effectively within a limited timeframe.
• Creating a Professional Image: A well-designed pitch deck gives the impression of professionalism, attention to detail, and preparedness. It reflects positively on your project and instills confidence in potential investors. Design elements can help establish your brand identity and create a consistent visual representation of your project.
• Increasing Memorability: Visuals have a stronger impact on memory retention than text alone. Incorporating memorable visuals can help your audience remember key information from your pitch deck long after the presentation. This is crucial as investors may review multiple pitch decks and recall is important to stand out.
• Reflecting Your Project’s Image: Design choices can evoke certain emotions or align with the tone and values of your project. For example, if your project emphasizes environmental sustainability, the design can incorporate eco-friendly colors and imagery. Visual elements can reinforce your project’s brand, messaging, and positioning.
• Supporting Your Storytelling: Visuals can be used to support and enhance the narrative of your pitch deck. They can help create an emotional connection with investors and strengthen the story you’re telling about the problem, solution, and impact of your oil and gas project.

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Remember, while design and visuals are important, they should complement and enhance the content of your pitch deck. Visual elements should be used purposefully and in a way that supports your message rather than overshadowing it. Strive for a balance between aesthetics, clarity, and the information you want to convey in your oil and gas pitch deck.

How to prepare for questions and objections when presenting an oil and gas pitch deck?

Preparing for questions and objections is crucial when presenting an oil and gas pitch deck. Here are some steps to help you effectively anticipate and address them:

• Know Your Material: Be intimately familiar with every aspect of your pitch deck. Understand the data, market analysis, financial projections, and technical details of your project. This knowledge will enable you to respond confidently and accurately to questions.
• Anticipate Potential Questions: Put yourself in the shoes of your audience and identify potential areas of interest, concern, or skepticism. Consider questions related to market demand, competition, financial projections, environmental impact, regulatory compliance, and operational challenges. Anticipating these questions allows you to proactively address them in your presentation.
• Conduct Research: Gather relevant industry research, market trends, and competitor analysis to support your claims and strengthen your responses. Having data and external sources to back up your assertions adds credibility and enhances your ability to address objections.
• Practice Q&A Sessions: Simulate a Q&A session with colleagues or mentors who can play the role of potential investors or critical stakeholders. Practice answering tough questions and receiving feedback on your responses. This exercise helps you refine your answers, improve your delivery, and build confidence in addressing objections.
• Prepare Clear and Concise Answers: Craft concise, well-thought-out responses to potential questions and objections. Avoid getting defensive or overly technical in your answers. Instead, focus on providing clear explanations, supported by relevant data or examples, to address concerns effectively.
• Turn Objections into Opportunities: Instead of viewing objections as roadblocks, see them as opportunities to showcase your preparedness and problem-solving skills. Respond to objections by highlighting mitigation strategies, contingency plans, or evidence of successful pilot projects or trials. Use objections as a chance to further demonstrate the viability and potential of your oil and gas venture.
• Be Transparent and Honest: Honesty and transparency are essential when addressing questions and objections. If you don’t have a specific answer, admit it and commit to following up with additional information. Demonstrating transparency builds trust and credibility with your audience.
• Stay Calm and Engage: During the Q&A session, maintain a calm and composed demeanor. Listen attentively to the questions, and engage with the questioner by asking clarifying questions if needed. This demonstrates your active involvement and willingness to address concerns.
• Maintain a Positive Attitude: Approach questions and objections with a positive mindset. View them as opportunities to further communicate the strengths and potential of your oil and gas project. A positive attitude helps you handle challenging questions with grace and confidence.

Remember, thorough preparation and practice are key to successfully addressing questions and objections. By anticipating and proactively addressing potential concerns, you can instill confidence in your audience and increase your chances of securing support and funding for your oil and gas venture.

10 best practices to consider when creating an oil and gas pitch deck

When creating an oil and gas pitch deck, here are some best practices to consider:

• Know Your Audience: Tailor your pitch deck to the specific needs and interests of your target audience, whether it’s investors, partners, or stakeholders. Customize the content, messaging, and tone to resonate with their preferences and align with their investment criteria.
• Keep it Concise: Aim for a concise and focused pitch deck, typically around 10-15 slides. Avoid information overload and lengthy explanations. Use bullet points, clear headings, and visuals to convey key points succinctly.
• Tell a Compelling Story: Craft a compelling narrative within your pitch deck that engages the audience emotionally and captures their attention. Present your project as a story with a clear problem, solution, and potential for impact or transformation.
• Highlight the Value Proposition: Clearly communicate your project’s unique value proposition, differentiating factors, and market advantages. Articulate the problem you’re solving and the benefits your project brings to the industry, environment, or stakeholders.
• Use Visuals Effectively: Incorporate visually appealing graphics, charts, and images to enhance comprehension and engagement. Visuals should support key points, data, and concepts, making complex information more accessible and memorable.
• Provide Strong Market Analysis: Present a comprehensive analysis of the oil and gas market, including size, growth trends, competitive landscape, and potential risks. Back up your claims with data and credible sources to demonstrate market potential.
• Showcase a Strong Team: Highlight the expertise, relevant experience, and track record of your management team. Investors want to see a capable and committed team that can execute the project successfully. Include key team members and their roles within the pitch deck.
• Demonstrate Financial Viability: Present realistic and well-supported financial projections, including revenue forecasts, cost structures, and profitability metrics. Use charts or graphs to illustrate financial performance and expected returns on investment.
• Address Risks and Mitigations: Acknowledge potential risks or challenges associated with your project and demonstrate your preparedness to mitigate them. Discuss strategies, contingencies, and milestones to overcome obstacles and ensure project success.
• Practice and Refine: Practice your pitch deck presentation to ensure a smooth and confident delivery. Seek feedback from trusted advisors or colleagues and refine your pitch deck based on their input. Continuously update and improve your pitch deck as needed.

Remember, the best practices outlined here are general guidelines, and you should adapt them to suit your specific project, industry context, and target audience. Customization, clarity, and a compelling presentation are key to creating an impactful oil and gas pitch deck.

Oil and Gas Funding Examples

Insane AMMOUNTS OF MONEY. But then again, it’s oil we’re talkin’.

Oil And Gas Business Idea In A Pitch Deck Format

My favourite part when writing these guides. Here’s a crazy idea that might spur your imagination and help you create a better pitch deck. This time, I’ve added questions to make you think about each slide and how it should be done.

Cover Slide

• Company Name: The Ails
• Tagline: Revolutionizing Oil Spill Cleanups with AI-Powered Nanotechnology
• Logo (if available)

Highlight the global problem of oil spills , their environmental impact, and the current limitations in addressing them. Use statistics to emphasize the scale of the problem.

Introduce The Ails as the solution: AI-powered anti-oil nanomicrobes deployable via supersonic rockets. Explain how they work in simple terms, using an analogy or metaphor if possible.

Dive deeper into the product. How are the nanomicrobes created? How does the AI work? How are they deployed and how do they clean up oil spills? Use visuals to help explain these complex concepts.

Market Opportunity

Present the size of the potential market. Who are the customers (oil companies, governments, environmental agencies)? What is the potential revenue?

Business Model

How will The Ails make money? Is it a one-time purchase, a subscription service, or something else?

Competitive Advantage

What makes The Ails unique? Is it the AI technology, the deployment method, the effectiveness of the nanomicrobes? How does it compare to current oil spill cleanup methods?

Go-to-Market Strategy

How will The Ails reach its customers? Through direct sales, partnerships, or online marketing?

Introduce the team behind The Ails. Highlight their expertise in AI, nanotechnology, and the oil and gas industry.

Financial Projections

Provide a snapshot of the financial projections for the next 5 years. Include revenue, expenses, and profitability.

What is The Ails seeking from investors? Is it funding, partnerships, advice?

Conclude the pitch deck with a thank you slide and provide contact information for further discussions.

Remember, each slide should be clear and concise, providing just enough information to engage the audience and provoke questions. Use visuals wherever possible to illustrate your points. And most importantly, tell a compelling story that shows your passion and commitment to solving this global problem.

Questions That Investors Ask Oil and Gas Pitch Deck Owners:

When presenting an oil and gas pitch deck to potential investors, you can expect a variety of questions. Here are some common questions that investors often ask:

Market and Industry:

• What is the size of the target market for your oil and gas project?
• What are the current trends and growth prospects in the oil and gas industry?
• How does your project differentiate itself from existing competitors?
• What are the potential regulatory or environmental risks associated with the industry?

Value Proposition and Technology:

• What problem does your project solve in the oil and gas sector?
• How does your technology or approach provide a competitive advantage?
• What is the potential impact of your project on cost efficiency, environmental sustainability, or operational effectiveness?
• Have you conducted pilot studies or proof-of-concept projects to validate your technology?

Financials and Returns

• What are the projected financials and revenue streams for your project?
• What are the expected costs and profitability margins?
• What is the payback period for investors and the potential return on investment?
• How do you mitigate financial risks associated with market fluctuations or unforeseen circumstances?

Operations and Execution

• What are the key milestones and timeline for project development and commercialization?
• What are the operational and logistical challenges associated with your project?
• How do you plan to address potential supply chain or infrastructure constraints?
• What is your strategy for scaling up operations and ensuring project success?

Team and Expertise

• What is the experience and expertise of your management team in the oil and gas industry?
• Have they successfully executed similar projects in the past?
• Do you have a well-rounded team with diverse skill sets to address different aspects of the project?
• Have you secured any partnerships or collaborations with industry experts or advisors?
• What are the potential risks and challenges associated with your project, and how do you plan to mitigate them?
• How have you addressed regulatory compliance, environmental impact, or community relations concerns?
• What contingency plans do you have in place to handle unexpected events or disruptions?
•  Have you secured any insurance or risk management strategies to protect investors’ interests?

These are just a few examples of the questions investors may ask during or after reviewing your oil and gas pitch deck. It’s important to thoroughly prepare and have a solid understanding of your project, industry, financials, and potential risks to address these questions confidently and effectively.

What nobody will tell you: Crucial considerations to keep in mind when developing your oil and gas pitch deck and business

10 insights. These are things no advisor, startup event organizer or coach will tell you for free. We’ve done the research and combined it with our experience to give you these insights with no strings attached.

Sustainability and Environmental Impact

Incorporating sustainability and environmental impact considerations into an oil and gas pitch deck is increasingly crucial, not just from a regulatory and social responsibility perspective but also as a strategic business advantage. Investors and stakeholders are more inclined towards projects that demonstrate a clear commitment to minimizing environmental footprints and contributing to sustainable energy futures. Here’s a detailed insight into why sustainability and environmental impact are vital for oil and gas pitch decks, supported by actionable steps:

Importance of Sustainability and Environmental Impact in Oil and Gas Pitch Decks

• Regulatory Compliance : Oil and gas projects must adhere to stringent environmental regulations. Demonstrating compliance can prevent costly legal challenges and project delays.
• Investor Attraction : ESG (Environmental, Social, and Governance) criteria are becoming a cornerstone for investment decisions. Projects that highlight sustainability efforts are more likely to attract funding.
• Brand Reputation and Social License : Companies that prioritize environmental stewardship can improve their brand reputation, earning the social license to operate from communities and governments.
• Operational Efficiency and Cost Reduction : Implementing sustainable practices often leads to operational efficiencies and cost savings, for example, through reduced waste and energy consumption.
• Market Differentiation : In a competitive market, showcasing a commitment to sustainability can differentiate your project from others, making it more appealing to potential investors.

Research and Insights

Recent studies have shown a direct correlation between ESG performance and financial performance, indicating that companies focusing on sustainability tend to exhibit lower volatility and better profitability. According to the Energy Institute, integrating renewable energy technologies and carbon capture and storage (CCS) solutions not only helps in reducing GHG emissions but also in ensuring long-term viability in the transitioning energy market.

• Conduct and present a comprehensive EIA to identify potential environmental impacts of your project and propose mitigation measures.
• Highlight any anticipated biodiversity conservation efforts or contributions to local ecosystems.
• Outline your project’s strategy for managing and reducing carbon emissions, including the use of CCS technologies and methane leak reduction practices.
• Consider setting and sharing specific, measurable emissions reduction targets.
• Detail plans for integrating renewable energy sources into operations, such as solar power for on-site facilities or wind energy for offshore platforms.
• Showcase any investments in renewable energy projects or partnerships with clean energy providers.
• Present your strategies for responsible water use, wastewater treatment, and minimization of water pollution.
• Highlight any innovative technologies or practices that improve water efficiency and quality.
• Describe your approach to minimizing waste production and maximizing recycling and reuse within your operations.
• Incorporate circular economy principles into supply chain management and product lifecycle.
• Showcase initiatives aimed at supporting local communities, such as job creation, skill development, and supporting local businesses.
• Highlight any contributions to local infrastructure, healthcare, or education.
• Commit to transparent reporting on environmental and sustainability performance, adhering to international standards such as the Global Reporting Initiative (GRI).
• Outline your stakeholder engagement strategy, demonstrating how you will communicate and collaborate with local communities, governments, and NGOs.

Incorporating these elements into your oil and gas pitch deck not only demonstrates a proactive approach to sustainability but also aligns your project with the values and concerns of modern investors and communities. This strategic focus on sustainability can significantly enhance the appeal of your project, setting the foundation for successful funding and long-term success in the evolving energy landscape.

Innovations in Oil and Gas Technology

Innovations in oil and gas technology are pivotal for the sector’s evolution, addressing challenges such as operational efficiency, cost reduction, environmental sustainability, and safety enhancements. Presenting these innovations in your pitch deck is crucial for attracting investment and demonstrating competitive advantage. Here’s a detailed look at the significance of technological innovation in oil and gas pitch decks, accompanied by actionable steps:

Importance of Technological Innovation in Oil and Gas Pitch Decks

• Operational Efficiency and Cost Optimization : Advanced technologies can significantly reduce operational costs and enhance efficiency, making projects more economically viable.
• Environmental and Safety Improvements : Innovations often focus on reducing environmental impact and enhancing safety, key concerns for stakeholders and regulatory bodies.
• Competitive Edge : Showcasing proprietary or cutting-edge technologies in your pitch deck can differentiate your project in a crowded market.
• Regulatory Compliance : Technology can help in meeting increasingly stringent environmental and safety regulations.
• Adaptability and Future-Proofing : Demonstrating a commitment to innovation shows adaptability to future industry shifts, appealing to investors looking for long-term returns.

Research indicates that technology adoption in the oil and gas industry can lead to a 10-30% reduction in production costs, according to McKinsey & Company. Technologies like digital twins, AI and machine learning for predictive maintenance, and advanced seismic imaging for exploration are revolutionizing the sector. Additionally, the deployment of IoT devices for real-time monitoring is enhancing operational efficiency and safety.

• Detail any proprietary technologies your project utilizes, explaining how they offer a competitive advantage.
• Include data or case studies demonstrating the efficacy and impact of these technologies.
• Describe digital transformation efforts, such as the use of AI, machine learning, and IoT, for predictive maintenance, drilling optimization, and real-time monitoring.
• Show how digital tools improve decision-making and operational efficiency.
• Present innovative exploration technologies like 3D seismic imaging or electromagnetic surveying that reduce exploration risks and costs.
• Outline enhanced oil recovery (EOR) methods that improve well productivity and extend the life of mature fields.
• Explain the adoption of technologies for reducing emissions, such as flare reduction systems, methane leak detection using drones or satellites, and carbon capture and storage (CCS).
• Highlight safety innovations, including automated drilling systems and advanced monitoring for early hazard detection.
• Showcase any collaborations with tech companies, research institutions, or startups that enhance your project’s technological capabilities.
• Highlight participation in technology incubators or innovation hubs.
• Provide a roadmap of future technology adoption and innovation within your project, demonstrating a commitment to continuous improvement and adaptability.
• Discuss upcoming trends in the oil and gas technology landscape and how your project plans to leverage these.
• Emphasize your project’s investment in research and development (R&D) to foster innovation.
• Detail how R&D efforts are aligned with project goals and long-term viability.

Incorporating these elements into your oil and gas pitch deck can significantly strengthen your proposition to investors. By demonstrating a forward-thinking approach and a commitment to leveraging technological advancements, you can underline the potential for enhanced profitability, sustainability, and competitiveness of your project.

Financial Modeling and Investment Analysis

Financial modeling and investment analysis are cornerstone components of an oil and gas pitch deck, offering a quantitative foundation to evaluate the project’s economic viability, risks, and investment returns. These analyses provide investors with critical insights into the project’s financial health, potential profitability, and risk-adjusted returns, which are essential for making informed investment decisions. Here’s a detailed perspective on the importance of financial modeling and investment analysis for an oil and gas pitch deck, supported by actionable steps:

Importance of Financial Modeling and Investment Analysis

• Economic Viability : Financial models help demonstrate the project’s economic viability by projecting cash flows, profitability, and break-even points.
• Risk Assessment : Incorporating sensitivity and scenario analyses allows for the assessment of how changes in key variables (like oil prices, production rates, and operational costs) impact the project’s financial outcomes.
• Investment Attractiveness : Detailed investment analysis, including net present value (NPV), internal rate of return (IRR), and payback period, provides investors with clear metrics for evaluating the attractiveness of the project.
• Funding Strategy : A well-structured financial model outlines the required capital investment, anticipated revenues, and expenses, guiding discussions on equity, debt financing, and valuations.
• Regulatory and Fiscal Considerations : Financial models can account for regulatory, tax, and fiscal obligations, ensuring that the project remains viable under various regulatory scenarios.

Research indicates that robust financial models that accurately incorporate industry-specific risks and variable sensitivities significantly improve investment decision-making. According to the Society of Petroleum Engineers, incorporating dynamic variables related to oil price volatility, geopolitical risks, and operational efficiencies into financial models is critical for the oil and gas sector, given its susceptibility to external shocks.

• Create a detailed financial model that includes projections of income, cash flow, and balance sheet statements over the life of the project.
• Ensure the model reflects industry-specific factors such as exploration costs, development capital expenditure (CapEx), operational expenditure (OpEx), decommissioning costs, and salvage values.
• Perform sensitivity analysis on key assumptions (e.g., oil prices, production rates) to understand their impact on financial metrics.
• Include scenario analysis for different market conditions, highlighting how the project performs under bullish, bearish, and base case scenarios.
• Clearly outline key investment metrics such as NPV, IRR, payback period, and breakeven oil price.
• Provide a comparison of these metrics against industry benchmarks to establish the project’s relative attractiveness.
• Detail the proposed financing structure, including the mix of equity and debt, terms of financing, and implications for project ownership and returns.
• Discuss any potential for government subsidies, grants, or tax incentives that could improve the project’s financials.
• Integrate risk management strategies into the financial model, including hedges against oil price volatility, currency risks, and interest rate fluctuations.
• Explain how these strategies protect the project’s cash flows and returns.
• Account for all regulatory and fiscal obligations, including royalties, taxes, and environmental compliance costs, in the financial projections.
• Highlight any fiscal incentives available for the project and their impact on the financial model.
• Provide detailed projections on potential returns to investors, including dividend distributions, equity value appreciation, and exit strategies.
• Discuss the project’s valuation and the rationale behind it, offering investors a clear understanding of the potential for capital gains.

Incorporating these financial modeling and investment analysis elements into your oil and gas pitch deck will provide a solid foundation for discussions with potential investors. It demonstrates a thorough understanding of the financial aspects of the project, offering a transparent and compelling case for investment. This approach not only helps in securing funding but also builds confidence among stakeholders in the project’s management and strategic vision.

Regulatory Compliance and Policy Changes

Regulatory compliance and policy changes are critical aspects to address in an oil and gas pitch deck, reflecting the project’s adherence to legal and environmental standards and its resilience to regulatory shifts. The oil and gas industry is heavily regulated worldwide, with policies affecting operational practices, environmental impact, and fiscal terms. Demonstrating a thorough understanding and proactive management of these factors can significantly enhance the attractiveness of a project to investors and stakeholders. Here’s an in-depth look at the significance of regulatory compliance and policy changes, supported by actionable steps:

Importance of Regulatory Compliance and Policy Changes

• Operational Legitimacy : Compliance with regulations is a prerequisite for operational legitimacy and the ability to conduct business, affecting everything from exploration licenses to production quotas.
• Investor Confidence : Investors are increasingly cautious about regulatory risks, looking for projects that demonstrate compliance and strategic foresight to navigate future changes in the regulatory landscape.
• Cost Management : Understanding and planning for compliance can help in accurately forecasting project costs, including taxes, environmental mitigation expenses, and potential penalties for non-compliance.
• Market Access and Expansion : Compliance with international standards and policies can facilitate market access and expansion, especially in cross-border projects.
• Sustainability and Social License to Operate : Adhering to environmental regulations and policies is critical for maintaining a social license to operate, crucial for project sustainability and community relations.

Research highlights the dynamic nature of the regulatory environment in the oil and gas sector, with a growing focus on environmental sustainability, carbon emissions reduction, and safety improvements. According to the International Energy Agency (IEA), regulatory policies are increasingly influencing investment decisions in the energy sector, with a trend towards stricter environmental regulations and a push for cleaner energy sources.

• Provide a comprehensive overview of the regulatory framework applicable to your project, including local, national, and international regulations and policies.
• Highlight any recent changes or anticipated shifts in the regulatory landscape and their potential impact on the project.
• Outline your strategy for achieving and maintaining compliance with existing regulations and adapting to future changes. This could include investment in compliance infrastructure, regular audits, and engagement with regulatory bodies.
• Demonstrate a proactive approach to compliance, such as adopting standards that exceed current requirements, positioning the project as a leader in regulatory adherence.
• Detail your environmental impact assessment and any mitigation plans to address potential environmental challenges. Include strategies for waste management, emissions reduction, and biodiversity conservation.
• Explain how these plans align with current environmental regulations and any voluntary environmental standards or certifications pursued by the project.
• Showcase your efforts in engaging with regulatory bodies, local communities, and other stakeholders to ensure broad support for the project.
• Commit to transparency in reporting and compliance, detailing any mechanisms in place for regular reporting to regulatory authorities and stakeholders.
• Include a section on regulatory risk management, outlining potential regulatory risks and your contingency plans. This should cover strategies for dealing with changes in regulations, such as flexibility in operational practices or financial reserves to cover compliance costs.
• Highlight any insurance or financial instruments used to mitigate regulatory risks.
• Provide an analysis of the fiscal regime applicable to your project, including taxation, royalties, and other fiscal obligations.
• Discuss how the fiscal regime affects the project’s financial model and overall viability, and outline strategies for fiscal optimization.

Incorporating these aspects into your oil and gas pitch deck will demonstrate a comprehensive understanding of the regulatory environment and your project’s preparedness to navigate it. This approach reassures investors of the project’s commitment to compliance, its capability to manage regulatory risks, and its alignment with evolving industry standards and societal expectations.

Market Analysis and Forecasting

Market analysis and forecasting are essential components of an oil and gas pitch deck, providing critical insights into the current market conditions, future trends, and the project’s potential place within this landscape. This analysis helps in identifying market opportunities, understanding potential risks, and demonstrating the project’s viability and competitiveness to investors. Here’s a closer look at the significance of market analysis and forecasting, complemented by actionable steps:

Importance of Market Analysis and Forecasting

• Informed Decision Making : Market analysis provides a solid foundation for making informed decisions regarding project development, investment allocation, and strategic planning.
• Investor Confidence : A thorough market analysis reassures investors of the project’s awareness of market dynamics and its ability to navigate potential challenges, enhancing investor confidence.
• Competitive Positioning : Understanding the competitive landscape enables a project to position itself effectively, highlighting its unique value proposition in the pitch deck.
• Risk Mitigation : Forecasting market trends and potential shifts allows for the identification of risks and the development of strategies to mitigate them, making the project more resilient.
• Revenue Projections : Market analysis supports realistic and credible revenue projections, essential for evaluating the project’s financial viability and attractiveness to investors.

Market research reports from reputable sources like the International Energy Agency (IEA), U.S. Energy Information Administration (EIA), and OPEC provide valuable insights into global supply and demand trends, price forecasts, and regulatory changes affecting the oil and gas industry. These reports highlight the importance of technological advancements, geopolitical factors, and the global shift towards renewable energy as key drivers affecting the market.

• Present a comprehensive overview of the global and regional oil and gas markets, including current supply and demand dynamics, key players, and market size.
• Highlight any specific regional factors that may influence the market, such as political stability, regulatory changes, or significant discoveries.
• Analyze historical price trends of oil and gas, incorporating expert forecasts to provide a future outlook. Discuss factors influencing price volatility, such as geopolitical tensions, OPEC decisions, and technological breakthroughs.
• Explain how these price trends impact your project’s revenue and profitability projections.
• Conduct a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) to identify your project’s position in the competitive landscape.
• Compare your project’s cost structure, technology, efficiency, and environmental impact with those of key competitors.
• Identify and discuss key demand drivers in the oil and gas market, such as industrial growth, energy consumption patterns, and the impact of emerging technologies like electric vehicles.
• Highlight growth opportunities your project is poised to capture, such as untapped markets or regions with increasing energy demands.
• Outline potential market risks, including economic downturns, changes in energy policies, and new environmental regulations.
• Present strategies to mitigate these risks, such as diversification, hedging against price fluctuations, and investing in sustainable technologies.
• Discuss the impact of current and anticipated regulatory and environmental policies on the market, including carbon pricing, emissions targets, and renewable energy incentives.
• Explain how your project aligns with these policies and positions itself as a leader in compliance and sustainability.
• Employ scenario planning to illustrate how your project would perform under different market conditions (e.g., high vs. low oil prices, varying demand levels).
• This approach demonstrates the project’s resilience and adaptability to changing market dynamics.

Incorporating a detailed market analysis and forecasting section into your oil and gas pitch deck will provide investors with a clear understanding of the market conditions, your project’s strategic positioning, and its potential for success. This demonstrates not only your project’s viability but also your team’s thorough understanding of the market and capability to navigate its complexities.

Risk Management Strategies

Risk management strategies in an oil and gas pitch deck are critical for demonstrating to potential investors that your project is prepared to identify, assess, and mitigate various risks. Effective risk management not only protects the project and its stakeholders but also enhances its attractiveness by showing that it is a well-thought-out investment with mechanisms in place to safeguard returns. Here’s a detailed examination of the importance of risk management strategies, supplemented by actionable steps:

Importance of Risk Management Strategies

• Investor Confidence : Articulating a comprehensive risk management plan instills confidence in investors, showing that the project team is proactive about identifying potential issues and has plans to address them.
• Project Viability and Sustainability : Effective risk management ensures the project’s long-term viability by protecting against unforeseen events that could jeopardize operational success and financial stability.
• Regulatory Compliance : Demonstrating awareness and management of regulatory risks ensures that the project remains in compliance with industry standards and government regulations, avoiding potential fines and operational disruptions.
• Market and Financial Stability : By managing financial and market-related risks, the project can maintain stability even in volatile conditions, ensuring consistent progress towards its objectives.
• Reputation and Social License to Operate : Managing environmental and social risks is crucial for maintaining a project’s reputation and its social license to operate, critical components for long-term success.

According to the Project Management Institute, effective risk management can significantly enhance project success rates, with high-performing projects often characterized by rigorous risk management practices. In the oil and gas industry, where projects are subject to a wide array of risks including market volatility, geopolitical tensions, and operational hazards, a structured approach to risk management is even more crucial.

• Clearly identify potential risks facing the project, categorizing them into operational, financial, market, environmental, and regulatory risks.
• Use industry data and case studies to underline the relevance and potential impact of these risks.
• Assess each identified risk for its potential impact and likelihood of occurrence. This can be visualized through a risk matrix.
• Prioritize risks based on their potential to affect project outcomes, focusing on high-impact, high-probability risks in your mitigation strategies.
• For each major risk category, outline specific mitigation strategies. This could include diversification of supply sources to mitigate operational risk, hedging strategies for financial risks, and comprehensive compliance programs for regulatory risks.
• Highlight technological innovations or operational practices adopted to minimize environmental risks and enhance safety.
• Present contingency plans for dealing with unforeseen events or risks that materialize, demonstrating the project’s resilience and flexibility.
• Include scenarios such as sudden changes in market demand, geopolitical instability affecting supply chains, or major regulatory shifts.
• Detail insurance policies and financial reserves set aside to cover potential losses from operational accidents, natural disasters, or liability claims.
• Discuss the financial health of the project, including liquidity ratios and access to additional capital if needed.
• Outline a systematic approach for ongoing risk monitoring and review, including regular risk assessments and updates to the risk management plan.
• Highlight the role of experienced personnel or advisory boards in overseeing risk management efforts.
• Explain how communication with stakeholders (investors, regulatory bodies, local communities) is managed concerning potential risks and mitigation efforts.
• Transparency in risk communication can further build trust and support for the project.

Incorporating these detailed risk management strategies into your oil and gas pitch deck will not only demonstrate a comprehensive understanding of the challenges facing the project but also showcase your commitment to managing those challenges effectively. This approach can significantly increase the project’s attractiveness to investors by highlighting its preparedness, resilience, and strategic foresight.

Energy Transition and Diversification

The energy transition and diversification are increasingly important themes in the oil and gas industry, reflecting the global shift towards more sustainable energy sources and the need for traditional oil and gas companies to adapt to changing market demands. Incorporating these themes into your pitch deck is crucial for demonstrating the project’s long-term viability, resilience to market shifts, and alignment with global sustainability goals. Here’s an in-depth look at the significance of energy transition and diversification, supported by actionable steps:

Importance of Energy Transition and Diversification

• Long-term Viability : Emphasizing energy transition and diversification strategies shows that your project is prepared for the future, ensuring long-term viability amidst shifting energy markets.
• Investor Attractiveness : Investors are increasingly looking to fund projects that are not only profitable but also sustainable and aligned with global energy transition goals, reducing their exposure to stranded asset risks.
• Regulatory Compliance and Incentives : Projects that align with the energy transition may benefit from regulatory support and incentives aimed at promoting cleaner energy sources.
• Market Resilience : Diversification strategies can protect the project from volatility in the oil and gas markets by providing alternative revenue streams.
• Social License to Operate : Demonstrating a commitment to the energy transition can enhance the project’s reputation and strengthen its social license to operate, as stakeholders increasingly prioritize environmental sustainability.

Research by the International Renewable Energy Agency (IRENA) and various market studies indicate that the energy sector is undergoing a significant transformation, with renewables set to play a dominant role in the future energy mix. The transition offers opportunities for oil and gas companies to innovate, diversify their energy portfolios, and reduce carbon footprints through investments in renewable energy, carbon capture and storage (CCS), and hydrogen production.

• Clearly articulate your project’s commitment to sustainability and how it aligns with the global energy transition. Include any goals for reducing carbon intensity and emissions.
• Present any existing investments in renewable energy sources, such as wind, solar, or biofuels, as part of your diversification strategy.
• Detail technological innovations that reduce environmental impact, such as improved efficiency in operations, CCS technologies, and advancements in cleaner fuel production.
• Highlight research and development (R&D) efforts aimed at supporting the energy transition, such as hydrogen fuel development or advanced biofuels.
• Outline a clear diversification strategy that includes investments in non-oil and gas energy projects or new business models that contribute to the energy transition.
• Discuss how these diversification efforts are expected to contribute to the company’s revenue streams and resilience against market fluctuations.
• Address how your project manages risks associated with the energy transition, including market shifts, regulatory changes, and technological disruptions.
• Include strategies for future-proofing the project against decreasing demand for fossil fuels, such as flexibility in operations and agility in adopting new energy technologies.
• Demonstrate how the project engages with stakeholders, including governments, local communities, and industry partners, to support the energy transition.
• Highlight any partnerships with renewable energy companies, technology firms, or research institutions that enhance the project’s transition capabilities.
• Discuss how the project complies with existing and anticipated regulations promoting the energy transition, such as carbon pricing mechanisms and emissions reduction mandates.
• Highlight any incentives or subsidies the project has secured or is eligible for, due to its alignment with energy transition goals.
• Provide scenario analysis that demonstrates the project’s performance under various future energy market conditions, showcasing adaptability to a changing energy landscape.
• Illustrate how diversified investments could mitigate risks associated with any single energy source’s volatility.

Incorporating energy transition and diversification elements into your oil and gas pitch deck will not only underscore your project’s alignment with global trends but also highlight its innovative approach to navigating the future of energy. This forward-thinking strategy can significantly enhance the project’s attractiveness to investors, partners, and stakeholders, positioning it as a leader in the evolving energy sector.

Stakeholder and Community Engagement

Stakeholder and community engagement is a crucial aspect of developing and presenting an oil and gas project, particularly in the context of a pitch deck aimed at attracting investors and partners. Effective engagement strategies demonstrate the project’s commitment to social responsibility, environmental stewardship, and the creation of shared value for all parties involved. Here’s an in-depth analysis of its importance, supported by actionable steps:

Importance of Stakeholder and Community Engagement

• Social License to Operate : Securing and maintaining a social license to operate is critical for project success. It reflects the community’s trust and support, which can significantly impact project timelines and acceptance.
• Risk Mitigation : Proactively engaging with stakeholders and communities helps identify and address social and environmental concerns early, mitigating potential risks that could delay or derail the project.
• Enhanced Reputation : Demonstrating a commitment to meaningful stakeholder engagement enhances the project’s reputation, making it more attractive to investors, partners, and regulators.
• Regulatory Compliance : Many jurisdictions require evidence of stakeholder and community engagement as part of the regulatory approval process for oil and gas projects.
• Sustainable Development Goals (SDGs) Alignment : Engagement strategies that contribute to local development and environmental sustainability can align the project with international SDGs, appealing to a broader range of investors.

Studies and industry reports highlight the increasing importance of stakeholder and community engagement in the energy sector. For instance, the International Finance Corporation (IFC) emphasizes that projects with strong community engagement practices tend to experience fewer conflicts and delays, contributing to more stable and profitable operations. Furthermore, incorporating local perspectives and needs into project planning can uncover opportunities for mutual benefit and support.

• Provide a clear overview of your stakeholder and community engagement strategy, including objectives, methods, and timelines.
• Highlight any frameworks or standards guiding your engagement efforts, such as the IFC Performance Standards or the Equator Principles.
• Detail the process for identifying key stakeholders and affected communities, emphasizing an inclusive approach that considers diverse voices and interests.
• Include mapping of stakeholders to understand their interests, concerns, and influence on the project.
• Outline specific engagement activities and programs designed to build relationships, solicit feedback, and address community needs. This could include public meetings, workshops, grievance mechanisms, and community development programs.
• Highlight successful engagement outcomes or ongoing initiatives that demonstrate the project’s commitment to meaningful dialogue and collaboration.
• Describe how the project contributes to local economic development, such as through job creation, skills training, infrastructure improvements, and support for local businesses.
• Discuss any benefit-sharing arrangements or community investment programs that ensure the project delivers tangible value to local communities.
• Present initiatives aimed at minimizing the project’s environmental impact and supporting sustainability goals, which are of particular interest to communities and environmental stakeholders.
• Include measures for biodiversity conservation, emissions reduction, and water management.
• Detail the mechanisms in place for monitoring and evaluating the effectiveness of engagement efforts, including feedback loops and adaptation processes.
• Highlight any reporting commitments or transparency initiatives, such as public reports on engagement activities and outcomes.
• Incorporate case studies or testimonials from stakeholders or community members that illustrate positive engagement experiences and outcomes.
• These real-world examples can provide compelling evidence of the project’s positive impact and commitment to stakeholder collaboration.

Incorporating these elements into your oil and gas pitch deck will not only showcase your project’s commitment to responsible and inclusive stakeholder and community engagement but also highlight its potential to operate sustainably and with broad support. This approach can significantly enhance the project’s appeal to investors and partners by demonstrating a comprehensive understanding of the social and environmental dimensions of project development.

Emerging Markets and Opportunities

Focusing on emerging markets and opportunities is crucial for oil and gas projects, especially in a pitch deck aimed at potential investors. This focus demonstrates the project’s growth potential, adaptability, and strategic positioning in capturing new trends and demands within the global energy sector. Here’s an exploration of its importance, supported by actionable steps:

Importance of Emerging Markets and Opportunities

• Growth Potential : Emerging markets often present untapped potential for growth due to increasing energy demands, underexplored resources, and evolving regulatory landscapes.
• Competitive Edge : Identifying and capitalizing on new opportunities before they become mainstream can provide a significant competitive advantage and first-mover benefits.
• Diversification : Expanding into emerging markets or new segments within the oil and gas industry can help diversify revenue streams and reduce dependency on traditional markets.
• Innovation Driver : The challenges and needs of emerging markets can drive innovation, leading to the development of new technologies, operational efficiencies, and business models.
• Investor Attraction : Showcasing a clear strategy for exploring emerging markets and opportunities signals to investors that the project is forward-looking and poised for long-term success.

Research by leading energy analysts and organizations, such as the International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA), highlights several emerging trends. These include the growing importance of liquefied natural gas (LNG) in global trade, the rise of renewable energy sources in the oil and gas sector, and the exploration of unconventional resources like shale gas and tight oil. Additionally, geopolitical shifts and technological advancements are continually opening new markets and opportunities for exploration and production.

• Conduct a comprehensive analysis to identify emerging markets with high growth potential, focusing on regions with increasing energy needs, untapped resources, or favorable investment climates.
• Include data on energy consumption trends, regulatory changes, and infrastructure development plans that could impact market dynamics.
• Highlight any technological innovations or operational efficiencies that position the project to take advantage of emerging opportunities. This might include advancements in drilling technology, digitalization of operations, or the integration of renewable energy sources.
• Showcase pilot projects or partnerships that demonstrate the project’s commitment to innovation.
• Outline strategic alliances or partnerships with local entities, governments, or other stakeholders in emerging markets. These collaborations can facilitate market entry, reduce operational risks, and enhance project credibility.
• Discuss how these partnerships support the project’s objectives and contribute to mutual benefits.
• Present an overview of the regulatory environment in targeted emerging markets, highlighting any incentives or challenges.
• Detail your strategy for navigating regulatory requirements, securing permits, and ensuring compliance, emphasizing any experience or expertise in dealing with complex regulatory landscapes.
• Describe how the project plans to address sustainability challenges and community impacts in emerging markets. This includes environmental protection measures, social responsibility initiatives, and contributions to local economic development.
• Highlight any ESG (Environmental, Social, and Governance) criteria or standards the project adheres to, demonstrating a commitment to responsible operations.
• Conduct a risk assessment specific to entering or expanding in emerging markets, considering factors such as political stability, market volatility, and infrastructure limitations.
• Outline mitigation strategies for identified risks, including diversification, insurance solutions, and contingency planning.
• If applicable, include case studies or examples of successful operations in other emerging markets or innovative projects that have capitalized on new opportunities. This can provide proof of concept and demonstrate the project team’s expertise.

Incorporating a detailed analysis of emerging markets and opportunities into your oil and gas pitch deck highlights the project’s strategic vision for growth and innovation. It demonstrates to investors that the project is not only viable in the current market but is also positioned to thrive as global energy dynamics evolve. This approach can significantly enhance the attractiveness of the project to forward-thinking investors looking for opportunities in the changing energy landscape.

Case Studies and Success Stories

Incorporating case studies and success stories into an oil and gas pitch deck is a powerful way to demonstrate the project’s potential, highlight the team’s experience, and build credibility with potential investors. Real-world examples provide tangible evidence of what the project aims to achieve, showcasing problem-solving capabilities, innovation, and the ability to deliver results. Here’s an in-depth look at their importance, supported by actionable steps:

Importance of Case Studies and Success Stories

• Demonstrate Track Record : Case studies of previous successful projects can serve as proof of the team’s expertise and ability to overcome industry-specific challenges.
• Illustrate Problem-solving Skills : Success stories that detail how obstacles were overcome can highlight the team’s problem-solving skills and resilience, essential qualities in the often volatile oil and gas sector.
• Showcase Technological Innovation : Including examples of technological advancements or innovative approaches the team has successfully implemented can underscore the project’s cutting-edge potential.
• Validate Business Model : Real-world examples can validate the project’s business model, showing potential investors that the approach is not only theoretically sound but has been successfully executed.
• Enhance Credibility and Trust : Success stories build credibility and trust with potential investors by providing evidence of the team’s capabilities and the project’s viability.

Studies and industry reports often highlight landmark projects in the oil and gas sector that have set new standards for operational excellence, environmental stewardship, or cost efficiency. For instance, the development of deep-water drilling technologies has opened new reserves in previously inaccessible areas, while advancements in LNG have revolutionized the global gas market. These success stories can serve as benchmarks for what new projects can aspire to achieve.

• Choose case studies that are relevant to the current project, whether in terms of technology application, geographic location, or operational scale. Ensure these examples closely align with the key messages you want to convey to investors.
• Clearly articulate the challenges faced in each case study, including technical, environmental, regulatory, or market-related obstacles. This sets the stage for demonstrating the team’s problem-solving abilities.
• Describe the innovative solutions or strategies implemented to overcome these challenges. Focus on technological innovations, operational efficiencies, or unique management approaches that led to success.
• Provide quantifiable outcomes to illustrate the success of each case study. This can include production increases, cost reductions, safety improvements, or environmental impact reductions. Use graphs, charts, and concise bullet points to make this data easily digestible.
• Share key lessons learned from each success story, emphasizing how these insights are being applied to the current project. This demonstrates a commitment to continuous improvement and risk management.
• Incorporate photos, videos, or diagrams to make the case studies more engaging and memorable. Visual aids can help convey complex information more effectively than text alone.
• If possible, include testimonials from partners, clients, or industry experts who were involved in or witnessed the success of the projects. Third-party endorsements can significantly boost credibility.
• Clearly link each case study to the current project, detailing how past successes inform and support the proposed project’s strategy, design, and execution plan.

Incorporating well-chosen and thoroughly detailed case studies and success stories into your oil and gas pitch deck can significantly enhance its persuasiveness. By demonstrating a proven track record of overcoming industry-specific challenges and achieving notable successes, you effectively build investor confidence in the project’s potential for success. This approach not only showcases the project’s strengths and opportunities but also the team’s expertise and commitment to excellence.

Use these insights and make a winning pitch. If you want to talk about them, reach out to me and book a call.

How to creatively pitch your oil and gas startup pitch deck?

Pitching an oil and gas startup requires a blend of innovation, storytelling, and strategic presentation to capture and retain the attention of potential investors. In a sector known for its conservatism and complexity, standing out can be challenging. Here are some novel and creative ideas to make your pitch unforgettable:

1. Virtual Reality (VR) Exploration Experience

• Idea : Use VR headsets to take investors on a virtual tour of your exploration sites, production facilities, or future project locations. This immersive experience can provide a firsthand look at the project’s scale, the technology in use, and the environmental considerations being addressed.
• Implementation : Prepare a VR presentation that highlights key aspects of your operation, from drilling sites to environmental restoration projects, allowing investors to experience the potential impact of their investment visually and interactively.

2. Augmented Reality (AR) Data Visualization

• Idea : Implement AR to project 3D models of geological data, reserves, and infrastructure plans directly onto the physical space of the presentation room. This can help in visualizing complex data and making the investment opportunity more tangible.
• Implementation : Use AR glasses or a mobile app to overlay digital information on physical elements in the room, such as showing how an oil field development plan lays out in the real world, complete with production units and pipelines.

3. Interactive Data Dashboards

• Idea : Create an interactive, live data dashboard that showcases real-time market data, project metrics, and simulations of potential returns under various market scenarios. This can demonstrate your project’s resilience and adaptability to market changes.
• Implementation : Set up touch screens or tablets where investors can adjust variables (e.g., oil prices, production rates) to see how these changes affect project outcomes, highlighting your project’s strengths and risk management strategies.

4. Gamification of Investment Scenarios

• Idea : Turn investment scenario analysis into a game where investors can choose different paths or decisions (e.g., invest in technology, expand exploration) and see interactive outcomes based on real data and projections.
• Implementation : Develop a simple app or interactive web tool that allows investors to “play” through different stages of your project’s development, making decisions and seeing the potential impacts on profitability and growth.

5. Environmental Impact Simulation

• Idea : Use simulations to show the environmental impact of your operations and how your innovative approaches mitigate these effects. This can be particularly powerful for projects focusing on sustainability and reduced carbon footprints.
• Implementation : Present a before-and-after scenario using video or interactive models that demonstrate the effectiveness of your environmental protection measures, restoration efforts, or carbon capture technologies.

6. Storytelling with Founders and Local Communities

• Idea : Incorporate personal stories from the founders and testimonials from local communities impacted by your project. This can add a human element to your pitch, making it more relatable and compelling.
• Implementation : Share short, documentary-style video clips or live testimonials during your presentation that tell the story of your company’s foundation, its mission, and the positive changes it aims to bring to communities and the environment.
• Idea : Create a mock news report or documentary video from the future, reporting on the successful outcomes of your project. This creative approach can help investors visualize the potential success and impact of their investment.
• Implementation : Produce a short video featuring “news anchors” discussing the achievements of your project, such as breakthroughs in technology, significant contributions to energy sustainability, or economic benefits to local communities.

Implementing these novel ideas requires preparation and a keen understanding of your audience. The goal is to make your oil and gas startup pitch not only informative but also engaging and memorable, thereby increasing your chances of securing investment.

Questions I Get From Fellow Drillers

Can i download a free oil and gas pitch deck presentation template.

Yes, you can download a free Oil And Gas Pitch Deck Presentation template. There are several websites that offer free PowerPoint templates specifically designed for the oil and gas industry. Simply search for “free oil and gas pitch deck presentation template” to find a suitable template that you can download and use for your own presentation.

Where can I find a PowerPoint template for an Oil And Gas Pitch Deck Presentation?

There are numerous websites where you can find PowerPoint templates for an Oil And Gas Pitch Deck Presentation. 

How can an Oil And Gas Pitch Deck Presentation help in attracting investors?

An Oil And Gas Pitch Deck Presentation is a powerful tool for attracting investors. It helps to effectively communicate the value proposition of the oil and gas company or project, showcasing its potential for growth, profitability, and return on investment. By presenting compelling data and visuals, the pitch deck can generate investor interest and confidence in the opportunity.

How long should an Oil And Gas Pitch Deck Presentation be?

The length of an Oil And Gas Pitch Deck Presentation can vary, but it is generally recommended to keep it concise and focused. A typical pitch deck should be around 10-15 slides long, excluding the cover slide and contact information slide. It should be long enough to cover all the essential information but short enough to hold the audience’s attention.

Can I use a pre-designed Oil And Gas Pitch Deck Presentation template?

Yes, you can use a pre-designed Oil And Gas Pitch Deck Presentation template. Pre-designed templates are a convenient option as they already include professionally designed slides with visually appealing graphics and layouts. However, it is important to customize the template with your own content, ensuring that it accurately reflects your company and the specific details of your oil and gas project.

Should I include information about the oil and gas industry in my pitch deck?

Yes, it is important to include relevant information about the oil and gas industry in your pitch deck. This helps to provide context and highlight the potential of your company or project within the industry. You can include data on market size, growth trends, regulatory environment, and any industry-specific challenges or opportunities that are relevant to your business.

Yes, you can publish your Oil And Gas Pitch Deck Presentation on your website or social media platforms. Publishing your pitch deck online can help to increase visibility and reach a wider audience. However, it is important to ensure that the information shared does not compromise the confidentiality or proprietary nature of your business.

In conclusion, mastering the art of creating a compelling pitch deck is a game-changer for your business. With my cornerstone guide and proven strategies, you have the power to transform your pitch deck into a winning tool that captivates investors and secures the funding you need.

By following the step-by-step instructions and leveraging the valuable insights shared in this guide, you can confidently build each slide, craft a compelling elevator pitch, showcase your financial projections, and address investors’ expectations. With inspiring examples and a deep understanding of what makes a pitch deck effective, you’ll be equipped to create a pitch deck that stands out from the crowd.

So, don’t miss out on this opportunity to unlock the secrets of successful pitch decks. Take action today, apply the knowledge gained from this guide, and set yourself on the path to funding success. The future of your business awaits, and with a compelling pitch deck in hand, you’re ready to make your mark on the world.

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Let me develop an investor ready deck by using my hands-off approach , which includes: market research, copy, design, financials, narrative and strategy.

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Startup Pitch Deck Guide: How To Create A Pitch Deck For Investors (Template Incl)

By following my proven step-by-step approach, you will learn the essential elements of creating a compelling pitch deck. This invaluable guide includes:

• Detailed instructions on building each slide, including crucial components like the elevator pitch slide and financials slide.
• Inspiring examples of successful startup pitch decks to provide you with real-world inspiration.
• Insights into what investors are looking for in a pitch deck, ensuring you meet their expectations and stand out from the competition.
• Clear guidance on what a pitch deck should and should not be, helping you avoid common pitfalls and misconceptions.
• Valuable tips and tricks to enhance the impact of your pitch presentation, capturing the attention and interest of your audience.

For more resources on pitch decks and related topics, explore the extensive collection of pitch deck guides available. These resources will further equip you with the knowledge and tools necessary to craft a compelling pitch deck and increase your chances of securing funding for your venture.

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The Oil and Gas Industry in Energy Transitions

World Energy Outlook special report

About this report

Introduction, the oil and gas industry is facing increasing demands to clarify the implications of energy transitions for their operations and business models.

The oil and gas industry is facing increasing demands to clarify the implications of energy transitions for their operations and business models, and to explain the contributions that they can make to reducing greenhouse gas (GHG) emissions and to achieving the goals of the Paris Agreement.

The increasing social and environmental pressures on many oil and gas companies raise complex questions about the role of these fuels in a changing energy economy, and the position of these companies in the societies in which they operate.

But the core question, against a backdrop of rising GHG emissions, is a relatively simple one: should today’s oil and gas companies be viewed only as part of the problem, or could they also be crucial in solving it?

This is the topic taken up by the International Energy Agency (IEA) in this report, which builds on a multi‑year programme of analysis on the future of oil and gas in the IEA World Energy Outlook ( WEO ) series.

This report does not aim to provide definitive answers, not least because of the wide diversity of oil and gas companies and company strategies around the world. It does aim to map out the risks facing different parts of the industry, as well as the range of options and responses.

Three considerations provide the boundaries for this analysis. First, the prospect of rising demand for the services that energy provides due to a growing global population – some of whom remain without access to modern energy – and an expanding global economy.

Second, the recognition that oil and natural gas play critical roles in today’s energy and economic systems, and that affordable, reliable supplies of liquids and gases (of different types) are necessary parts of a vision of the future.

And last but far from least, the imperative to reduce energy-related emissions in line with international climate targets.

These elements may appear to be in contradiction with one another, but this is not necessarily the case. The WEO Sustainable Development Scenario (SDS) charts a path fully consistent with the Paris Agreement by holding the rise in global temperatures to “well below 2°C … and pursuing efforts to limit [it] to 1.5°C”, and meets objectives related to universal energy access and cleaner air. The SDS and the range of technologies that are required to achieve it provide a benchmark for the discussion throughout this report.

The other scenario referenced in the analysis is the Stated Policies Scenario (STEPS), which provides an indication of where today’s policy ambitions and plans would lead the energy sector. These outcomes fall far short of the world’s shared sustainability goals.

The focus of this report is therefore on accelerated energy transitions, the forces that could bring them about – whether from society, policy makers, technology, investors or the industry itself – and the implications that this would have for different parts of today’s oil and gas industry. 

Key findings

Balancing short-term returns with long-term licence to operate.

The oil and gas industry faces the strategic challenge of balancing short-term returns with its long-term licence to operate. Societies are simultaneously demanding energy services and also reductions in emissions. Oil and gas companies have been proficient at delivering the fuels that form the bedrock of today’s energy system; the question that they now face is whether they can help deliver climate solutions.

The analysis in this report highlights that this could be possible if the oil and gas industry takes the necessary steps. As such, it opens a way – which some companies are already following – for the oil and gas industry to engage with the “grand coalition” that the IEA considers essential to tackle climate change. This effort would be greatly enhanced if more oil and gas companies were firmly and fully onboard. The costs of developing low-carbon technologies represent an investment in companies’ ability to prosper over the long term. 

Global primary energy, electricity generation, final consumption and CO2 emissions by fuel, 2018

Every part of the industry needs to consider how to respond to clean energy transitions.

No oil and gas company will be unaffected by clean energy transitions, so every part of the industry needs to consider how to respond. The industry landscape is diverse and there is no single strategic response that will make sense for all. Attention often focuses on the Majors, seven large integrated oil and gas companies that have an outsized influence on industry practices and direction. But the industry is much larger: the Majors account for 12% of oil and gas reserves, 15% of production and 10% of estimated emissions from industry operations.

National oil companies (NOCs) – fully or majority-owned by national governments – account for well over half of global production and an even larger share of reserves. There are some high-performing NOCs, but many are poorly positioned to adapt to changes in global energy dynamics. 

Shares of gas reserves, gas production and gas upstream investment by company type, 2018

Share of oil reserves, oil production and oil upstream investment by company type, 2018, investments in low-carbon businesses represent less than 1% of oil and gas companies capital expenditure.

So far, investment by oil and gas companies outside their core business areas has been less than 1% of total capital expenditure. For the moment, there are few signs of a major change in company investment spending. For those companies looking to diversify their energy operations, redeploying capital towards low-carbon businesses requires attractive investment opportunities in the new energy markets as well as new capabilities within the companies.

As things stand, leading individual companies spend around 5% on average on projects outside core oil and gas supply, with the largest outlays in solar PV and wind. Some oil and gas companies have also moved into new areas by acquiring existing non‑core businesses, for example in electricity distribution, electric vehicle charging and batteries, while stepping up research and development activity.

A much more significant change in overall capital allocation would be required to accelerate energy transitions.

Capital expenditures on new projects outside of core oil and gas supply by large companies, absolute and as share of total capex, 2015-2019

Many solutions could help reducing the environmental footprint of the oil and gas industry.

There is a lot that the industry could do today to reduce the environmental footprint of its own operations. Uncertainty about the future is a key challenge facing the industry, but this is no reason for companies to “wait and see” as they consider their strategic choices. Minimising emissions from core oil and gas operations should be a first-order priority for all, whatever the transition pathway.

There are ample, cost-effective opportunities to bring down the emissions intensity of delivered oil and gas by minimising flaring of associated gas and venting of CO 2 , tackling methane emissions, and integrating renewables and low-carbon electricity into new upstream and liquefied natural gas (LNG) developments.

As of today, 15% of global energy-related GHG emissions come from the process of getting oil and gas out of the ground and to consumers. Reducing methane leaks to the atmosphere is the single most important and cost-effective way for the industry to bring down these emissions .

Changes in the average global emissions intensity of oil and natural gas operations in the Sustainable Development Scenario, 2018-2030

Electricity cannot be the only vector for the energy sector’s transformation.

Electricity cannot be the only vector for the energy sector’s transformation. A commitment by oil and gas companies to provide clean fuels to the world’s consumers is critical to the prospects for reducing emissions. The 20% share of electricity in global final consumption is growing, but electricity cannot carry energy transitions on its own against a backdrop of rising demand for energy services.

Bringing down emissions from core oil and gas operations is a key step in helping countries to get environmental gains from using less emissions-intensive fuels. However, it is also vital for companies to step up investment in low-carbon hydrogen, biomethane and advanced biofuels, as these can deliver the energy system benefits of hydrocarbons without net carbon emissions. Within ten years, these low-carbon fuels would need to account for around 15% of overall investment in fuel supply. 

Capital investment in liquids and gases by scenario, 2019-2040

The oil and gas industry will be critical for key capital-intensive clean energy technologies to reach maturity.

The oil and gas industry will be critical for some key capital-intensive clean energy technologies to reach maturity. The resources and skills of the industry can play a central role in helping to tackle emissions from some of the hardest-to-abate sectors. This includes the development of carbon capture storage and utilisation (CCUS), low-carbon hydrogen, biofuels, and offshore wind. Scaling up these technologies and bringing down their costs will rely on large-scale engineering and project management capabilities, qualities that are a good match to those of large oil and gas companies.

For CCUS, three-quarters of the CO 2 captured today in large-scale facilities is from oil and gas operations, and the industry accounts for more than one-third of overall spending on CCUS projects. If the industry can partner with governments and other stakeholders to create viable business models for large-scale investment, this could provide a major boost to deployment.

Share of global capital investment in selected low-carbon technologies (2015-2018)

A fast-moving energy sector would change the game for upstream investment.

A fast-moving energy sector would change the game for upstream investment. Investment in upstream projects is still needed even in rapid transitions, but the type of resources that are developed, and how they are produced, changes substantially.

Production from existing fields declines at a rate of roughly 8% per year in the absence of any investment, larger than any plausible fall in global demand. Consequently, investment in existing and some new fields remains part of the picture. But as overall investment falls back and markets become increasingly competitive, only those with low-cost resources and tight control of costs and environmental performance would be in a position to benefit. 

Global gas demand in the Sustainable Development Scenario and decline in supply from 2019 to 2040

Global oil demand in the sustainable development scenario and decline in supply from 2019 to 2040, a shift from “oil and gas” to “energy”.

A shift from “oil and gas” to “energy” takes companies out of their comfort zone, but provides a way to manage transition risks. Some large oil and gas companies are set to make a switch to “energy” companies that supply a diverse range of fuels, electricity and other energy services to consumers. This means moving into sectors, notably electricity, where there is already a large range of specialised actors and where the financial characteristics and scale of most low-carbon investment opportunities are (with the partial exception of offshore wind) a long way from traditional oil and gas projects.

Electricity provides long-term opportunities for growth, given that it overtakes oil in accelerated energy transitions as the main element in consumer spending on energy. It also opens the door to larger and broader reductions in company emissions, relieving social pressures along the way, although investors will watch carefully the industry’s ability to balance diversification with expected returns and dividends. 

Global end-user energy spending in the Sustainable Development Scenario, 2000-2040

Global end-user energy spending in the stated policies scenario, 2000-2040, nocs face some particular challenges, as do their host governments.

NOCs face some particular challenges, as do their host governments. The stakes are high for NOCs that are charged with the stewardship of national hydrocarbon resources, and for their host governments and societies that often rely heavily on the associated oil income. Changing energy dynamics have prompted a number of countries to renew their commitment to reform and to diversify their economies; fundamental changes to the development model in many major resource holders look unavoidable.

NOCs can provide important elements of stability for economies during this process, if they are operating effectively and alert to the risks and opportunities. Some leading NOCs are stepping up research efforts targeting models of resource development that are compatible with deep decarbonisation, e.g. via CCUS, trade in hydrogen or a focus on non‑combustion uses of hydrocarbons. 

Average annual net oil and gas income before tax of NOCs and INOCs by scenario, 2001-2040

Without the oil and gas industry, the transformation of the energy sector will be more difficult and more expensive.

The transformation of the energy sector can happen without the oil and gas industry, but it would be more difficult and more expensive. Oil and gas companies need to clarify the implications of energy transitions for their operations and business models, and to explain the contributions that they can make to accelerate the pace of change. This process has started and company commitments to reduce emissions or emissions intensities are becoming increasingly common.

However, the industry can do much more to respond to the threat of climate change. Regardless of which pathway the world follows, climate impacts will become more visible and severe over the coming years, increasing the pressure on all elements of society to find solutions. These solutions cannot be found within today’s oil and gas paradigm.

Cite report

IEA (2020), The Oil and Gas Industry in Energy Transitions , IEA, Paris https://www.iea.org/reports/the-oil-and-gas-industry-in-energy-transitions, Licence: CC BY 4.0

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Oil and Gas Industry Toolbox Talks

Browse a few of our oil and gas safety toolbox talks below for free. No email address is required. These short one to two-page safety topics focus solely on the oil and gas industry. All of the talks were written by an oil and gas safety professional who has been in the field for over twenty years.

Free Oil and Gas Talks

Below is a list of five of these talks. There are over 40 oil and gas-specific safety toolbox talks found on the Members site, with more being added in the coming months. There are additional free safety talks that relate to the oil and gas industry in a general sense, which can be found by clicking here .

• Lube Oil Flushing
• Filter Pot Sock Filter Changeout
• Hose Parting During Pneumatic Testing
• Spill Prevention
• Glycol Reclamation

At the bottom of this page is a complete list of the oil and gas safety topics that are currently available for Members .

Why Safety Matters in the Oil and Gas Industry

Working in the oil and gas field can be a fulfilling and lucrative career path. That being said, employees are exposed to a multitude of hazards that can lead to significant injuries, illnesses, and deaths. Everything from struck-by incidents, burn hazards, equipment failure, moving equipment, pressurized systems, etc., are everyday sights for those who work in this field that is critical to our infrastructure.

To mitigate the hazards of this work to acceptable levels, a variety of different types of safeguards need to be used. There are different levels of effectiveness of safeguards that can be utilized to keep workers safe.  The most effective safeguard is elimination of hazards followed by substitution, engineering controls, administrative controls, and PPE.

While the first choice in safeguards should always be the elimination of hazards, we will discuss the importance of safety training and communication.

Administrative Controls in the Oil and Gas Industry

Administrative controls include safeguards such as written safety policies, training, scheduling, and rules. While administrative controls are towards the bottom of the hierarchy, safety training and communication play a vital role in keeping employees safe. Safety training can encompass everything from a week-long site orientation training for new hires to five-minute safety talks prior to the start of a work shift.

Longer safety training is needed to ensure that employees understand the hazards of their work, possible negative outcomes, and how to mitigate hazards. Training should take place more than just once per year or at the time of hire. Ongoing safety meetings are a great way to communicate hazards and to provide training in shorter time spans.

Holding Safety Meetings

Safety talks, also called toolbox talks or safety meetings, are a great way to communicate relevant and timely information to the work crew. Dedicating time prior to work beginning not only demonstrates a company’s desire to work safely, but it is a great way to continue to educate workers on safety topics.

When frequent safety meetings are not held, it is easy for workers to get complacent. Even if the workers are not complacent, they may not be up to date on specific hazards, changing operations, or updated safety practices that are occurring on the worksite. The oil and gas industry is not stagnant, so safety training efforts should not be either.

This free website and the paid Members Area could be a great way to bolster your ongoing training efforts.

Using Our Resources for the Oil and Gas Industry

This website offers over 250 safety talks completely for free. You can view all of the free safety talks by clicking here. Additionally, a paid Members Area was created for those safety pros who are looking for more resources or different materials than what is offered on the free website. The oil and gas industry is one area that we had not previously covered before mid-2020. We have hired an oil and gas consultant to write safety talks to ensure this area was covered.

Currently, there are around 40 oil and gas safety talks available for members. Additional talks are being added monthly, with the goal of having at least 50 of these safety talk topics available for members. There is a multitude of topics found under the construction industry section of the Members Area that also apply to the oil and gas industry.

Members get access to ad-free PDF versions of all of the 250 free talks, an additional 300+ safety talk topics, pre-packaged safety meetings with PowerPoint presentations, 80 safety talks translated into Spanish, and weekly talk picks. There are more resources added every month.

The Complete List of Available Oil and Gas Topics for Members

• Centrifugal Pump Maintenance
• Chemical Hazards of Vessel Degassing
• Chemical Neutralization
• Chemical Transfer to Portable Containers
• Common Hazards When Working at Pipe Racks
• Coupon Testing
• Dangers of Improperly Grounding a Fuel Truck
• Five Hazards of Hot Fueling
• Four Hazards of Tripping Pipe
• Four Significant Hazards When Staging a Holding Tank
• High-Pressure Zone Safety
• Hydroblasting
• Noise Exposure in the Gas Industry
• Outrigger Deployment
• Respirator Care and Maintenance
• Safe Staging of a Mobile Crane
• Safely Boarding a Transfer Basket
• Significant Hazards of Well Center Entry
• Silica Exposure Hydraulic Fracturing Sand
• Tank Cleaning
• Three Common Injuries and Incidents When Installing Berms
• Three Hazards of Breaking Down Frac Piping
• Three Hazards of Inspecting Pressure Safety Valves
• Three Hazards of Lifting a Personnel Basket
• Three Hazards of Pipeline Installation
• Three Major Hazards of Cementing Wells

Do you want downloadable PDFs of all of the talks? Join as a member and get all of the 250+ free talks as well as 300+ additional talks in PDFs that are easy to download and print!

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OIL AND GAS

Transcript: THE LAUNCH BOOMTOWNS Spindletop and the boomtowns were important events that occurred that have led to Texas producing 34.5% of American oil.The oil industry has helped Texas by creating over 1 million jobs and earning billions of dollars for Texas. When word about all the oil found in Texas spread many Texans moved to towns that had oil.They were called boomtowns.Their populations would increase very fast.Life was hard in the harsh conditions but people stayed in order to strike oil and get rich. OIL AND GAS BY ISAAC CRAIN HOW IT STARTED The first oil wells in the U.S. were in Pennsylvania.Four years later traces of oil were found in Texas.Thirty years later a big oil discovery was found in east Texas and shortly after that two hundred eighty seven drills were in Texas. OIL INDUSTRY IN THE PRESENT Anthony Lucas was drilling for oil when he struck an astonishing 40 acre pool of oil.A stream of oil shot 100 feet into the air for nine days.It was named Spindletop.This oil rig started the first oil boom and led everybody to go crazy for oil.

Oil and Gas Presentation

Transcript: Thank You! Well Life Cycle Well Life Cycle Planning Planning Formulate a program for drilling a well that has the following characteristics: 1. Safe 2. Minimum cost 3. Usable Unfortunately, it is not always possible to accomplish these objectives on each well because of constraints based on geology, drilling equipment, temperature, casing limitations, hole sizing, or budget. Objective Objective - Highest priority in well planning - Personnel considerations must be placed above all other aspects of the plan - Safety of the well - Designed to minimize the risk of blowouts and other future problem factors Safety Safety - Minimize cost of the well without jeopardizing the safety aspects - Costs can be reduced to a certain level as additional effort is given to the planning Minimum Cost Minimum Cost - Drilling a hole to the target depth is unsatisfactory if the final well configuration is not usable. - Term "usable" implies the following: 1. The hole diameter is sufficiently large so an adequate completion can be made. 2. The hole or producing formation is not irreparably damaged. Usable Holes Usable Holes The drilling engineer is required to plan a variety of well types, including: 1. Wildcats 2. Exploratory holes 3. Step-outs 4. In-fills 5. Re-entries. Generally, wildcats require more planning than the other types. Infill wells and re-entries require minimum planning inmost cases. Well-Type Classification Well-Type Classification - Unproven area - No concrete historic production records - Unexplored as a site for potential oil and gas output Wildcat Well Wildcat Site selection based on seismic data or satellite survey Exploratory Well Exploratory - Delineates the reservoir boundaries - Drilled after the exploratory discoveries - Site selection usually based on seismic data Step-out (Development) Well Step-out (Development) - Adding new wells in an existing field within the original well patterns - Accelerate recovery or to test recovery methods - Used to confirm the presence of hydrocarbon between the step-out drill holes In-Fill Well In-Fill - Existing well re-entered to deepen, side track, rework, or re-complete - Various amount of planning is required - Depending on the purpose of the re-entry Re-entry Well Re-entry The formation, or pore, pressure encountered by the well significantly affects the well plan. The pressures may be normal, abnormal (high), or subnormal (low). Formation Pressure Formation Pressure - Generally do not create planning problems - The mud weights are in the range of 8.5 to 9.5 lb./gal - Kicks-and blowout-prevention problems should be minimized - Casing requirements can be stringent even in normal-pressure wells deeper than 20,000 ft. because of tension/collapse design constraints Normal-pressure Wells Normal-pressure - May require setting additional casing strings to cover weak or low-pressure zones - The lower-than-normal pressures may result from geological or tectonic factors or from pressure depletion in producing intervals Subnormal-pressure Wells Subnormal-pressure - Affect the well plan in many areas, including: 1. Casing and tubing design 2. Mud-weight and type-selection 3. Casing-setting-depth selection 4. Cement planning - Following problems must be considered as a result of high formation pressures 1.Kicks and blowouts 2. Differential-pressure pipe sticking 3. Lost circulation resulting from high mud weights Abnormal pressures Wells Abnormal pressures Drilling Drilling The well is created by drilling a hole into the earth using a drilling rig that rotates a string with a bit attached To Drill you Need : 1. A way to descend; drill pipe 2. A way to rotate the pipe; "Kelly" or top drive - Kelly or Rotary: rotation is achieved by turning a square or hexagonal pipe (the "Kelly") at drill floor level. - Top Drive: rotation and circulation is done at the top of the drill string, on a motor that moves in a track along the derrick. 3. A place to hold the pipes; derrick 4. A way to raise & lower the pipe; draw works 5. A cutting tool; bit 6. A media to remove cuttings; mud Objectives Objectives - Variety of configurations and designs - For different surface environments that range from; 1. Arctic 2. Desert 3. Ocean 4. Mid-continent 5. Everything in between Types of Rigs Types of Rigs Land or Onshore Rigs Offshore Rigs Offshore Rigs - Or a self-elevating unit is a type of mobile platform - Consists of a buoyant hull fitted with a number of movable legs. - Depth Range from few feet to over 400 feet Jack-up Rigs Jack-up Rigs - Supported on large pontoon-like structures - Provide buoyancy allowing the unit to be towed from location to location. - Once on the location, the pontoon structure is slowly flooded until it rests securely on its anchors, of which there are usually two per corner. - Operating deck is elevated 100 feet above the pontoons on large steel columns to provide clearance above the waves. - After the well is drilled, the water is pumped out of the buoyancy tanks and the - -

Oil and Gas

Transcript: Oil and Gas We interviwed Haley's grandfater who has worked at the refinery for more than 20 years. Interview! Question 1- How long have you worked at the refinery? 1.Since 1989, 23 years Question 2- What position did you start out at? 2. As a process operator Question 3- Have you always worked in the same position? If not what other positions have you experienced? 3. I have worked in nine different postions, process operator, operations maintenance coordinator, in this position I prioritized the work in maintenance in regards to what gets done first. I also worked as an area day supervisor, where I was supervising all of the shift supervisors and daily instructions to keep the plant running, I worked in this position for 2 years. I then worked as an operations shift super intendant where I was placed on a 4 shift cycle, working 5 days, 5 nights, etc. I then took on the position of a turn around super intendent transferred to days when the refinery had a total shut down. I put in charge of the shut down, organizing and planning of execution of the shut down until it came back up again, I did this for 3 years. Then I moved to the position of production manager, I was the head of production in the process area, the area in which all of the crew is refined, I had supervisors and superintendents reporting to me. Then, I became the off sites and terminal manager for blending of petroleum products and shipping of the products, I was in charge of what went on all the ships and what came off all the ships I stayed in this position for 8 years. I then became the turn around manager, I was responsible for all the contractors and work force in getting the turnaround executed on budget and on time as safely as possible. In 2008 I became the field services manager that looked after all the maintenance of the refinery, I had 175 people reporting to me in my department. I am now one of the 4 senior managers at the refinery responsible for all maintenance turnaround and reliability, I have all managers from departments reporting to me and under the department there are 15 supervisors, 4 superintendants 7 planners and 180 craft people. The refinery is divided into 4 sections, I am responsible for the maintenance turn around and liability, Another is responsible for operations of the refinery, Another is responsible for the production of the crude and sales of the products and another is responsible for all engineering and capital investments. Facts Facts about the refinery: The refinery employs 600 people It is a 115 000 barrels per day oil refinery The refinery was built from 1970-1973 First shipment of crude was received in May of 1973 The refinery have a tank storage capacity of 7 and a half million barrels They receive crude from the Middle East, Asia and Russia and a small portion sometimes from the grand banks of Newfoundland. Only because the crude from Newfoundland is light, while they are a heavy crude refinery 10% of their products are sold in Newfoundland and the remaining 90% is exported to the United States and the eastern seaboard and Europe. The refinery produces furnace oil, ultra low sulphur diesel, jet fuel, gasoline, propane, butane and ships bunkers known as six oil, butane we blend into the gasoline to make a higher octane. The main reason the refinery was chosen at Come by Chance is because we have the deepest salt water, ice free port in North America therefore the ships can dock directly at the terminal rather than having smaller ships offload the bigger ships and transport it to the terminal also because the refinery is very close to 80% of the North American, South American and European markets it's a 7 day sail from the North Sea, 3 day sail from New York harbour, and 14 day sail from the middle east, via the Mediterranean The refinery receives crude tankers that has a capacity of 3 million barrels of crude The refinery works with the college of the North Atlantic and Memorial University in students requiring work terms, they take them and teach them the different skills within the refinery pertaining to their degree/trade. Interview FACTS

Transcript: The Economy Project An idea on how to make the oil industry in British Columbia more environmentally proactive

Transcript: BY DYLAN, JEFF AND TRYSTAN, AND KAYDEN THE OIL WAS USED FOR MANY WEAPONS AND VEHICLES SUCH AS PLANES,MISSILES, BOMBS,TANKS, SHIPS,GUNS,SUBS AND,JEEPS CRUDE OIL IS CONVERTED INTO GASOLINE AFTER IT IS CONVERTED ITS USED TO POWER CARS, OR VIHICLES. Thats what it looks like when you strike oil. oil spill thanks a lot NOW SEE HOW MUCH OIL CAN EFFECT PEOPLE AND ANIMALS. THE OIL SPILL CAN BE A BIG EVENT THAT EVERYBODY WILL REMEMBER. NOW! IT IS THE END BYE AND THANK YOU FOR YOUR TIME TODAY!!!!!! L BP AND THE END OIL WAS BIG IN WORLD WAR TWO. O GAS I OR IS IT.????

Gas and Oil

Transcript: Fossil fuels,coal,and oil are formed by living things that form into sedementary rock. Fuel is what makes cars, airplanes, and other vehichels, it is what makes your stove in your house gasoline to work. NATURAL GAS GAS AND OIL petroleum is conducted by oil .To describe petroleum ,it is a thick dark colored liquid found in certain rock formation. BAD ENERGY AND OTHER SOURCES Oil is a good thing for this earth because it creates shampoo bottles,milk gallons,plastic bags,and some of your favorite clothes.Oil also give out heat for your homes. ENERGY PROJECT SEDEMENTARY ROCK Nuclear energy is VERY bad because it is deadly gas and oil are a much better source to use because it is safe and secure. FUEL CWT PETROLEUM The CWT in philedalphia is uses thermal processing to convert waste into fuel. Natural gas is a fossil fuel but it is the least used fossil fuel. The down side of natural gas is that it is deadly if it leak. Natural gas is produced in 32 states.

PowerPoint Game Templates

Transcript: Example of a Jeopardy Template By: Laken Feeser and Rachel Chapman When creating without a template... http://www.edtechnetwork.com/powerpoint.html https://www.thebalance.com/free-family-feud-powerpoint-templates-1358184 Example of a Deal or No Deal Template PowerPoint Game Templates There are free templates for games such as jeopardy, wheel of fortune, and cash cab that can be downloaded online. However, some templates may cost more money depending on the complexity of the game. Classroom Games that Make Test Review and Memorization Fun! (n.d.). Retrieved February 17, 2017, from http://people.uncw.edu/ertzbergerj/msgames.htm Fisher, S. (n.d.). Customize a PowerPoint Game for Your Class with These Free Templates. Retrieved February 17, 2017, from https://www.thebalance.com/free-powerpoint-games-for-teachers-1358169 1. Users will begin with a lot of slides all with the same basic graphic design. 2. The, decide and create a series of questions that are to be asked during the game. 3. By hyper linking certain answers to different slides, the game jumps from slide to slide while playing the game. 4. This kind of setup is normally seen as a simple quiz show game. Example of a Wheel of Fortune Template https://www.teacherspayteachers.com/Product/Wheel-of-Riches-PowerPoint-Template-Plays-Just-Like-Wheel-of-Fortune-383606 Games can be made in order to make a fun and easy way to learn. Popular game templates include: Family Feud Millionaire Jeopardy and other quiz shows. http://www.free-power-point-templates.com/deal-powerpoint-template/ Quick video on template "Millionaire" PowerPoint Games Some games are easier to make compared to others If users are unsure whether or not downloading certain templates is safe, you can actually make your own game by just simply using PowerPoint. add logo here References Example of a Family Feud Template PowerPoint Games are a great way to introduce new concepts and ideas You can create a fun, competitive atmosphere with the use of different templates You can change and rearrange information to correlate with the topic or idea being discussed. Great with students, workers, family, etc. For example: With games like Jeopardy and Family Feud, players can pick practically any answers. The person who is running the game will have to have all of the answers in order to determine if players are correct or not. However, with a game like Who Wants to be a Millionaire, the players only have a choice between answers, A, B, C, or D. Therefore, when the player decides their answer, the person running the game clicks it, and the game will tell them whether they are right or wrong.

Transcript: Oil for automobiles at gas stations Drilling rigs in fields (getting oil from underground) If all the natural gas pipelines in the U.S were connected to eachother they would stretch toand from the moon almost 3 times Pros of oil and gas 1: each barrel filles up 2-5 barrels of fresh water 2: oil & gasare used for heat and electic power as well as for fuel for transportation Prezi By: Talia, Lily, and Dwight bags and packaging • pesticides and herbicides • food preservatives • fertilizers 1 United States 18,840,000 2011 est. 2 China 9,790,000 2011 est. 3 Japan 4,464,000 2011 est. 4 India 3,292,000 2011 est. 5 Russia 3,196,000 2012 est. 6 Saudi Arabia 2,817,000 2011 est. 7 Brazil 2,594,000 2011 est. 8 Germany 2,400,000 2011 est. 9 South Korea 2,301,000 2012 est. 10 Canada 2,259,000 NA 11 Mexico 2,133,000 2011 est. 12 France 1,792,000 2011 est. 13 Iran 1,709,000 2012 est. 14 Italy 1,454,000 2011 est. 15 Spain 1,384,000 2011 est. 16 Singapore 1,380,000 2012 est. 17 Indonesia 1,322,000 2011 est. 18 United Kingdom 1,217,000 2013 est. 19 Australia 1,023,000 2011 est. 20 Netherlands 1,010,000 2011 est. 21 Iraq 818,000 2011 est. 22 Egypt 816,300 2011 est. 23 Taiwan 786,100 2011 est. 24 Thailand 721,100 2011 est. 25 Turkey 706,100 2011 est. 26 Argentina 678,100 2011 est. 27 Belgium 644,400 2011 est. 28 South Africa 590,900 2011 est. 29 Poland 576,600 2011 est. 30 United Arab Emirates 572,100 2011 est. 31 Venezuela 571,000 2011 est. 32 Malaysia 542,900 2011 est. 33 Pakistan 426,700 2011 est. 34 Greece 343,400 2011 est. 35 Kuwait 339,000 2011 est. 36 Hong Kong 333,900 2013 est. 37 Chile 321,700 2011 est. 38 Ukraine 320,600 2011 est. 39 Algeria 316,400 2011 est. 40 Sweden 316,000 2011 est. 41 Philippines 315,600 2011 est. 42 Libya 314,000 2011 est. 43 Colombia 287,000 2011 est. 44 Ecuador 280,000 2012 est. 45 Nigeria 271,600 2011 est. 46 Vietnam 259,900 2012 est. 47 Portugal 259,700 2011 est. 48 Syria 258,800 2011 est. 49 Switzerland 258,200 2011 est. 50 Norway 255,200 2011 est. 51 Kazakhstan 244,200 2011 est. 52 Israel 238,400 2011 est. 53 Romania 218,200 2011 est. 54 Austria 210,700 2011 est. 55 Peru 206,900 2012 est. 56 Finland 204,800 2011 est. 57 Morocco 203,600 2011 est. 58 Czech Republic 199,000 2011 est. 59 Qatar 189,700 2012 est. 60 Belarus 188,800 2011 est. 61 Yemen 177,000 2011 est. 62 Azerbaijan 168,000 2011 est. 63 Denmark 160,200 2011 est. 64 Puerto Rico 151,600 2011 est. 65 Cuba 150,200 2011 est. 66 New Zealand 148,900 2011 est. 67 Turkmenistan 145,000 2011 est. 68 Ireland 144,000 2011 est. 69 Hungary 141,100 2011 est. 70 Uzbekistan 137,100 2011 est. 71 Dominican Republic 122,300 2011 est. 72 Bulgaria 112,700 2011 est. 73 Bangladesh 108,900 2011 est. 74 Jordan 107,000 2011 est. 75 Lebanon 106,700 2011 est. 76 U.S. Virgin Islands 106,100 2011 est. 77 Panama 98,890 2011 est. 78 Oman 98,000 2011 est. 79 Sudan 95,450 2011 est. 80 Sri Lanka 89,620 2011 est. 81 Tunisia 88,380 2011 est. 82 Slovakia 83,910 2011 est. 83 Guatemala 80,810 2011 est. 84 Angola 79,430 2011 est. 85 Kenya 79,410 2011 est. 86 Jamaica 78,520 2011 est. 87 Croatia 74,410 2012 est. 88 Serbia 72,770 2013 est. 89 Curacao 72,000 2010 est. 90 Lithuania 70,390 2011 est. 91 Ghana 61,590 2011 est. 92 Luxembourg 61,380 2011 est. 93 Cyprus 58,430 2011 est. 94 Honduras 58,150 2011 est. 95 Bolivia 55,560 2013 est. 96 Slovenia 52,930 2011 est. 97 Bahrain 51,450 2012 est. 98 Uruguay 51,100 2011 est. 99 Costa Rica 50,200 2011 est. 100 Ethiopia 49,080 2011 est. 101 Armenia 45,300 2011 est. 102 El Salvador 44,040 2011 est. 103 Tanzania 43,310 2011 est. 104 Trinidad and Tobago 41,000 2011 est. 105 Burma 40,620 2011 est. 106 Senegal 40,600 2011 est. 107 Cambodia 39,350 2011 est. 108 Albania 38,390 2011 est. 109 Papua New Guinea 36,320 2011 est. 110 Bahamas 36,300 2011 est. 111 Latvia 31,340 2011 est. 112 Nicaragua 30,690 2011 est. 113 Cameroon 29,410 2011 est. 114 West Bank 29,310 2011 est. 115 Benin 29,170 2011 est. 116 Togo 28,670 2011 est. 117 Bosnia and Herzegovina 27,540 2011 est. 118 Paraguay 26,820 2011 est. 119 Estonia 26,340 2011 est. 120 Gibraltar 24,920 2011 est. 121 Mauritius 24,710 2011 est. 122 Côte d'Ivoire 24,630 2011 est. 123 Namibia 22,990 2011 est. 124 Mongolia 21,610 2011 est. 125 Iceland 20,770 2011 est. 126 Tajikistan 20,090 2013 est. 127 Mozambique 19,580 2011 est. 128 Malta 19,520 2011 est. 129 Zambia 19,260 2011 est. 130 Zimbabwe 19,030 2011 est. 131 Nepal 18,430 2011 est. 132 Mauritania 18,120 2011 est. 133 Fiji 17,810 2011 est. 134 Macedonia 17,490 2011 est. 135 Madagascar 17,480 2011 est. 136 Georgia 17,280 2011 est. 137 Uganda 16,930 2011 est. 138 Kyrgyzstan 16,640 2011 est. 139 Gabon 15,800 2011 est. 140 Botswana 15,420 2011 est. 141 Moldova 15,320 2012 est. 142 North Korea 15,000 2012 est. 143 Brunei 14,640 2011 est. 144 Guam 14,490 2011 est. 145 Suriname 14,100 2011 est. 146 Haiti 14,000 2011 est. 147 New Caledonia 13,640 2011 est. 148 Djibouti 12,460 2011 est. 149 Malawi 12,060 2011 est. 150 Guyana 10,910 2011 est. 151 Republic

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4 actions for oil and gas in 2024

EY Americas Oil and Gas Leader, US West Energy & Resources Market Segment Leader

Managing Director, Energy, Ernst & Young LLP

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Moving forward, resilient companies will maximize operations, amplify capital, manage emissions and innovate new low-carbon markets.

• Discipline has enabled oil and gas to increase production, boost efficiency and maintain returns even as prices cooled.
• The sector has progressed future businesses and its decarbonization goals with expansion into carbon capture, hydrogen and other carbon-efficient technologies.

T he energy transition will require both significant new investments in low-carbon energies and continued use of traditional hydrocarbons to meet the expected energy demand of an expanding global economy. Fortunately, the past two years of oil and gas outlook have demonstrated the sector has the capability to lead in both facets of the new energy economy.

Energy and Resources Transition Acceleration report

Conditions are ripe for the energy transition to accelerate. Discover the key strategic implications for your organization.

Most immediately, responding to strong global expansion and supply disruptions around geopolitical unrest, companies operating in the US oil and gas sector have steadily increased production of oil and natural gas. They have done so while still driving greater efficiency and amid market uncertainties, continuing to  return value to shareholders  even as oil prices cooled. This continued discipline positions the sector well for the increasing likelihood of much slower economic growth, or even the possibility of a recession in the US or other major markets in 2024.

US oil and gas companies have committed billions of dollars to develop future businesses around carbon capture, use and storage (CCUS) and hydrogen, aimed at abating the climate impact of hydrocarbon fuels and providing decarbonized energy solutions for those industrial emissions not easily decarbonized through electrification. By some estimates, committed CCUS projects will reduce carbon emissions at a scale equal to those mitigated by the rapid adoption of electric vehicles (EVs).

Importantly, these companies are doing so while continuing to deliver value to shareholders, basing their strategic turn into the energy transition on solid footing with their investors. To continue this strong performance in 2024, oil and gas companies should focus on four main levers.

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Transact to transform through strategic sector M&A

While high interest rates and inflationary pressures cooled dealmaking in many sectors, the sector has seen  a surge in announced oil and gas mergers and acquisitions (M&A) activity last year , driven by strong cash flows, renewed investor confidence and increasing recognition that oil and gas will continue to play an important role in the  energy landscape .

While deals have grown again, including more enterprise-level transactions than seen in the recent past, companies are executing transactions in areas that meet well-defined strategic rationales, in both the traditional oil and gas space, as well as in new low-carbon businesses. “Ultimately, the industry wants to match the best operator with each asset, to drive performance across operations, and optimize capital and carbon management. This has set the stage for a wave of consolidations, with integrated oil companies and large E&Ps (exploration and production companies) looking to secure acreage, enhance their cash flow and maximize returns via acquisition, rather than traditional exploration,” says Bruce On, EY US-West Region Strategy and Transactions Energy Leader, Ernst & Young LLP.

One indication of this disciplined approach is the lower premiums paid for in many of these deals, compared with similar deals in the recent history of the sector. Identifying a target, completing your due diligence, and announcing the deal is only the beginning of the hard work. Oil and gas companies need to attack post-close integration with the same vigor to realize the full value of these deals. Integrating the best of both organizations, across their front- and back-office operations, enables success.

Maximize operations across the front and back office

The influx of oil and gas M&A also creates a case for companies to improve business fundamentals, such as driving down operating costs, leveraging scale, jumping the curve on differentiated capabilities and strategically thinking about talent management.

Maximizing operations is not a new description for simply doing “more with less.” Rather, it is operating by exception and problem-solving using technology at speed, innovation at scale with humans at the center. “To drive immediate results and limited disruption, we are collaborating with teams responsible for performance in the field, subsurface, production-operations, facilities, maintenance and supply chain,” says Swapnil Bhadauria, EY US Oil & Gas Digital Operations Leader. “We take a people-led approach in our business or technology transformation implementations. In every project, people are critical and the change champions that ultimately drive success.”

Real-time data and emerging technology are essential to enable better, faster, and more strategic decisions. This is true holistically across the entire value chain – in both the front office and back office, but also specifically in subsurface prediction, drilling and completions, asset surveillance and optimization, maintenance, and materials management.

Considering different operating models, such as managed services, is particularly important when companies develop new business areas. For example, the front- and back-office functions for low carbon will be different from traditional oil and gas. As low-carbon business areas begin to scale, companies should consider multiple operating models before committing to specific processes and technologies. This will allow them to find synergies by integrating traditional business areas or pivot to innovative and emerging ecosystem models.

Lastly, oil and gas companies that are able to integrate artificial intelligence (AI) and generative AI (GenAI) capabilities in their everyday decision-making will jump the curve on business value. This shift will require companies to establish a strong foundation of trusted data while also implementing AI and GenAI engineering best practices, robust governance and risk management. The adoption curve for AI is faster than for any other technology so far, so companies must act quickly.

By 2025, the 10% of enterprises that establish AI engineering best practices will generate at least three times more value from their AI efforts than the 90% of enterprises that do not.¹

“With confident and responsible adoption of AI, oil and gas companies will unlock the full potential of their workforce, have a greater impact on daily operations, accelerate real-time decision-making, and positively impact the bottom line,” Bhadauria explains.

Manage emissions with proactive, strategic planning, and embrace operational decarbonization

New operating models and the introduction of low-carbon businesses both underscores the ways oil and gas companies can  accelerate the net zero journeys  of their customers and places a premium on having a more strategic perspective around their own greenhouse gas (GHG) footprint. In 2023, the state of California and the European Union finalized and provided clarity around reporting requirements for affected companies – some of these impacts could occur in 2024 with reporting in 2025, the SEC has proposed rules that it has yet to finalize but finalization is expected in the near term. This regulatory uptick led petroleum companies in the US to accelerate efforts to reliably monitor and report Scope 1 and 2 and at least some Scope 3 emissions. Uncertainty around the timing and fullest scope of the proposed SEC rule – and the lack of uniform standards for GHG emissions reporting more generally – has been a complicating factor; there is also an opportunity for companies to move to an approach that treats emissions data almost on par with production data.

“Ultimately, understanding their emissions footprint in near real time will be critical for the strategic planning and operational decarbonization of energy companies,” says Ryan Bogner, EY Americas Digital Sustainability Leader. “Shifting thinking from compliance to operational intervention helps companies make real strides in reducing emissions as a part of overall operational optimization. It also prepares companies for future commercial opportunities in carbon-differentiated product markets.”

Fortunately, US oil and gas fields are comparatively some of the best, from an emissions perspective, in part owing to the high quality of crude produced from unconventional formations. But other factors are under company control. Drilling multiple laterals from the same well bore and other measures that increase overall efficiency and lower costs pay dividends in terms of emissions performance as well.

Develop new decarbonized markets for carbon capture and hydrogen beyond traditional use cases

Oil and gas portfolio evolution (illustrative).

Once oil and gas companies have an enterprise view of the emissions impact of their product, they also unlock the opportunity to rethink their product portfolios. Skepticism may argue against the viability of fuel differentiation based on carbon content, but plastics perhaps offers an illustration of an alternative path. Consumer preferences for reduced plastic waste have not been translated directly, but rather through bottling companies and others, seeking greater  circularity  in their operations. And petchems manufacturers, including the integrated oil and gas companies, have been able to differentiate their product offerings by helping these manufacturers meet consumer demand. Demand for lower carbon content in fuels could follow in a similar path.

Carbon exists not only as an attribute for a company’s existing products, but also as a future stand-alone product. Oil and gas companies have already responded dramatically to changing investment conditions for  decarbonized energy technologies , especially CCUS and hydrogen. The federal government has offered generous support via tax credits in the Inflation Reduction Act (IRA) for hydrogen production and CCUS and a further $7 billion from the Infrastructure Investment and Jobs Act (IIJA) to establish seven hydrogen hubs around the country.

But the commitment from a range of oil and gas companies also reflects the technical expertise, financial wherewithal, and ability to manage and operate projects at scale that give them not only a competitive advantage in this space, but also allow them to significantly advance the decarbonization agenda through their participation.

Government support for these low-carbon solutions has not been met with similar subsidies or tax credit for downstream CCUS of hydrogen markets. And adoption of a federal carbon tax – a straight-forward means of fostering these markets – is not politically viable in the short term.

Architects of the IRA believed the support for hydrogen production and CCUS would incentivize the market to create its own demand. And the real winners of the IRA and IIJA will be those companies that can best innovate new commercial approaches to these novel business areas.

To accelerate decarbonized development, oil and gas companies will need to adopt both more holistic views of their ecosystem, and more collaborative ways of working with their value chain, from suppliers through the customers of their customers.

A shorter version of this article was originally published by Hart Energy on January 10, 2024.

Oil and gas companies that seize opportunities to maximize their operations, proactively manage emissions, transform via transactions and embrace new energies will thrive in the decades to come.

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Oil & Gas Industry PowerPoint Template

Oil & Gas Industry PowerPoint Template is a professional presentations which provides themed scenes for the Oil and Gas Industry. The template provides top of the line scene vectors of offshore drilling platform, oil transportation ships and a set of sixteen different clipart icons that the presenter can combine to create high quality visual presentations. Charts and flow diagrams with Oil & Gas themes are included allowing the user to create infographics about the Oil & Gas industry.

Crude oil and natural gas are naturally occurring substances present bellow surface, in rock amidst the earth’s crust. The origin of oil and gas is organic material compressed in sedimentary rock. As layers of sediment were deposited on the ocean floor, decaying remains of plants and animals were integrated into the forming rock. This organic material eventually transformed into oil and gas after being exposed to a specific temperature and pressure range deep within the earth’s crust. To extract the hydrocarbons from the sedimentary rock is necessary different drilling processes, which require extensive investments due to their complexity.

The Oil and Gas Industry includes several sub-categories as exploration, extraction and refining. Logistics play an important role in the overall industry environment through the transportation by oil tankers and pipelines. The oil and gas industry is divided in three major sectors, upstream, midstream and downstream. The upstream sector references the exploration and production (E&P). The midstream references transportation, storage and marketing of oil and gas productions. The downstream (generally unified with the midstream sector) focuses on the refining of crude oil and purification of natural gas.

Oil & Gas is the main raw material for many industries, and has become one of the most important supplies for maintenance of the modern civilization. Oil and Gas accounts for the largest percentage of the world energy generation, and the production , transportation, refining and commercialization of oil and gas has become the worlds biggest industry in money value.

The oil and gas industry not only is strongly regulated on every nation, its also one of the most traded markets in the stock and commodities derivatives markets, being their most influential indicators (West Texas price and Brent index) two of the most followed trading indicators in the world of markets.

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Safety – Safety moment topics for oil and gas

Safety moment topics for oil and gas companies and workers

What is a safety moment.

A safety moment is a short and concise safety talk in the workplace. Each safety moment will cover a specific safety topic relevant to the workplace and environment in which it takes place.

Many companies engage in safety moments - while others have slightly different variations (which are almost identical) including safety toolbox talks and safety briefs.

The main purpose of a safety moment is to draw attention to a relevant safety topic and to discuss that topic in an informal and approachable way. 

Safety moments have become extremely popular with an ever-increasing growing focus on safety, and they have also grown in popularity as a powerful tool for improving worker safety. There was a time when most companies and workers would only engage in a formal workplace safety training session - or when safety training was a short part of a workers induction.

Today, safety training is a constant, and safety moments are one of the ways in which companies and workers can constantly refine their understanding and attention to safety - and where an entire organisation can work on building a positive culture of safety.

Safety moment topics for oil and gas

The oil and gas industry is filled with safety moment topic options and opportunities - which is a good and bad thing. It makes coming up with safety moment topics pretty easy - but highlights the dangers of the industry.

While there are hundreds of safety moment topics and toolbox talk topics like these:

• First aid safety
• Lock out tag out safety
• Vehicle safety
• Traffic safety

We are going to focus on safety moment topics which are more specific to the oil and gas industry. The key element of a safety moment is that it is highly relevant to the workplace at issue. You want your safety moments to be as relevant as possible, to keep people engaged and to ensure there are actionable and insightful takeaways for the attendees.

Here are some safety moment for oil and gas topics which are applicable to almost all oil and gas sites and projects - and ones which you need to cover for oil and gas safety.

Chemical exposures

Oil and gas sites and platforms almost always feature a certain amount of chemical exposure. Chemical exposure is also one of the areas of industrial worker safety which is less pronounced and understood than other safety issues such as working at heights and personal protective equipment. The general consensus is that there is a lack of exisiting information and understanding regarding the variety and magnitude of chemical exposure to oil and gas workers.

Important elements of this safety moment topic include:

• Documenting and understanding hazardous chemicals via labels and material safety data sheets
• How to deal with episodic exposure
• The difference between mixed exposures, multiple exposures and dermal exposures
• The risk of transfer risks and take-home exposures

Hazardous chemical exposure is a very real and ever-present danger for oil and gas workers, and the fact that it is more 'invisible' than other safety issues makes it even more important to talk about.

Working in remote areas

Working and travelling to remote areas is an inherent part of working in the oil and gas industry. Offshore oil and gas fields, onshore gas pipelines which are remotely located and other characteristics of the oil and gas work make it very common for workers to be working alone and/or working remotely.

Working in remote areas introduces a number of safety concerns and hazards which should be talked about and discussed during a safety moment.

In these remote areas, workers face harsh conditions and environments, they must drive/travel long distances and frequently off-road, and if an incident does occur, they are effectively stranded and must find a way to communicate the issue.

These and other nuanced elements of remote or lone worker safety like how much water to carry (more than you think) make for a good safety moment.

Explosions and fires

The oil and gas industry has more deaths from fires and explosions that any other industry. Explosions and fires are the most violent and 'obvious' and publicised hazard which oil and gas workers face. Even so, discussing and constantly reinforcing how to prevent and manage explosions and fires can be the difference between life and death.

During this safety moment topic, you'll want to cover:

• How to prevent fires and explosions from happening
• Designated exit routes and emergency action plans
• Flame-resistant clothing and other safety equipment
• How to inform and collaborate with first responders

This is a topic which can be re-visited multiple times, because it's so important.

Struck-by, caught-in and caught-between

Like construction and a number of other heavy industries, oil and gas workers suffer from being struck-by, caught-in and caught-between vehicles, machines and other obstacles at scary rates.

Part of this stems from the fact that there are many moving parts on oil and gas projects and sites (including people) and part of it stems from the general environment (such as close-quartered platforms and drilling sites).

Some of these issues will occur, but some of them can be mitigated and reduced through a better understanding of how to approach different struck-by, caught in and between hazards - which is why this safety moment is helpful.

Drilling is an integral part of excavating oil and gas out of the earth, and drilling and drill pipe assembly and disassembly are a constant hazard to oil and gas workers.

Every step of drilling carries it's own risks and hazards, and each can be brought up and covered in a safety moment - or each may deserve its very own safety moment.

Some key elements of drilling safety to cover in your safety moment include:

• Handling pipes correctly
• Preparing drilling fluid and starting to drill
• Breaking out pipe and making up pipe
• Raising the kelly and joint out of the mousehole

While workers engaging in these activities have a thorough understanding of how to perform these processes and procedures, a safety moment is a great chance to get everyone involved and have people actively discuss their own experiences and incidents while drilling. Crowdsourcing this information is a powerful way to uncover more hazards and more ways of dealing with drilling and pipe assembly dangers.

Pressure test

We've all seen and understand the immense pressures being forced up into, down into and across pipes and platforms in the oil and gas industry. High pressure can be a lethal force, and discussing the dangers and realities of these pressures is a perfect subject of a safety moment.

Pressure testing may be a routine task for oil and gas workers, but pressurisation is hazardous energy storage, and requires adequate preparation. Key areas to cover in this oil and gas safety moment include:

• Test permitting
• Pressure test checklists
• Roping off test areas and coordinating to avoid concurrent activities
• Never tamper with or righten fittings while the test is underway
• Removing non-essential people from the test area

Engaging in this safety moment for oil and gas topic is important for testers, and important for those who are working anywhere on site.

Oil and gas safety moment topic example

So now that you have seen and read about some important safety moment topics for oil and gas workers and companies, what does the actual safety moment look like?

A good practice for conducting safety moments, like most things on oil and gas sites, is to properly document the safety moment or toolbox talk.

The oil and gas safety moment example below covered the topic of working in remote areas.

You'll see that this form was used to summarise the topic and discussions, as well create some actions to be taken and responsible people for those actions.

A great part of safety moments is the approachable and informal nature of them - but it's also important to turn those discussions into actionable items which improves worker safety.

If every safety moment you engage in is actioned, then it's inevitable that oil and gas project and worker safety will improve.

Use this safety moment framework for your own safety moment topics and talks.

How to choose the right safety moment topics for your oil and gas operations.

As someone who works in the oil and gas industry, I'm sure you are more than aware of the hazards facing oil and gas companies and workers every day.

In looking for safety moments for oil and gas projects and sites, it's important to leverage this experience and understanding of the industry with the most applicable safety moments today.

Applicable can mean that there was a recent incident or near miss, it could be covering a new technology or technique which gives rise to a number of new risks and issues, or it could be conducting a safety moment which is hyper contextual to the project, site or workplace in question that day.

You want your safety moment topics to be as engaging and relevant as possible in order to encourage maximum engagement and participation from team members. If you're looking to standardise your safety moments process, consider using this safety moments app .

Safety moments are an easy and fun way for teams to come together to discuss and create strategies about how the site can be safer - and how they and their fellow site workers can stay safe in the face of the obvious dangers that the oil and gas industry continue to throw their way.

Safety Toolbox Talk template

See the template →

Risk Register for Oil and Gas template

People in 80+ countries use this safety management system to improve their safety processes and outcomes.

See how you can easily streamline your systems and processes with Sitemate today

About Lance Hodgson

Lance is VP of Marketing at Sitemate. His aim is to bring awareness to a brighter future for the Built World where industrial workers and companies work smarter.

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Discover Top 10 Oil and Gas Industry Trends in 2024

Curious how technologies enhance oil and gas operations & reduce environmental impact? Dive into our research on 2000+ startups & gain data-driven insights into top oil and gas industry trends & tech-driven solutions, including AI-based IRM, drilling and production optimization, predictive maintenance & more!

Emerging oil and gas industry trends are reshaping the sector, making it more efficient, safer, and smarter. Companies are increasingly focusing on digitization and automation to solve complex sub-surface engineering challenges. The use of AI algorithms is enhancing oilfield productivity, while the integration of advanced robotics and data management is streamlining processes and reducing the need for human labor. Additionally, the industry is adapting to global energy shifts, with a growing emphasis on sustainable practices and investments in alternative energy sources.

This report was published in February 2021 and updated in January 2024.

Innovation Map outlines the Top 10 Oil and Gas Trends & 20 Promising Startups

For this in-depth research on the Top Oil and Gas Industry Trends and startups, we analyzed a sample of 2000+ global startups & scaleups. This data-driven research provides innovation intelligence that helps you improve strategic decision-making by giving you an overview of emerging technologies in the oil & gas industry. In the Oil and& Gas Innovation Map below, you get a comprehensive overview of the innovation trends & startups that impact your company.

What are the Technology Trends in Oil and Gas (2024)?

• Internet of Things
• Artificial Intelligence
• Big Data & Analytics
• Robotics & Automation
• 3D Modeling & Visualization
• Cloud Computing
• Augmented & Virtual Reality
• Manufacturing Execution Systems
• Predictive Maintenance

These insights are derived by working with our Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform , covering 3 790 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant technologies and industry trends quickly & exhaustively.

Click to download

Tree Map reveals the Impact of the Top 10 Oil & Gas Industry Trends

The Tree Map below illustrates the impact of the top 10 oil and gas trends in 2024. The Internet of Things (IoT) and artificial intelligence form the largest oil & gas industry trends. Big data analytics, cloud technology, predictive maintenance, and manufacturing execution systems enable vital data management and analysis tools that significantly improve overall operational efficiency.

Further, AI enables robotic applications in oil rigs and refines oil well imaging processes. Oil and gas startups also develop blockchain solutions that offer visibility and transparency across the entire oil & gas value chain. Finally, augmented and virtual reality technologies improve worker safety and enable remote operations and virtual training.

Global Startup Heat Map covers 2086 Oil and Gas Startups & Scaleups

The Global Startup Heat Map below highlights the global distribution of the 2086 exemplary startups and scaleups that we analyzed for this research. Created through the StartUs Insights Discovery Platform , the Heat Map reveals that Europe & the US are home to most of these companies while we also observe increased activity in India as well as Singapore.

Below, you get to meet 20 out of these 2086 promising oil and gas startups & scaleups as well as the solutions they develop. These innovations in the oil & gas industry are hand-picked based on criteria such as founding year, location, and funding raised. Depending on your specific needs, your top picks might look entirely different.

Interested to explore all 2000+ oil and gas startups & scaleups?

Top 10 Oil & Gas Industry Trends in 2024

1. internet of things (iot).

In the oil and gas industry, IoT is enhancing production efficiency, optimizing equipment, ensuring worker safety, and enabling remote area monitoring. Sensors in wells, blowout preventers, and choke valves facilitate real-time data collection.

This data helps startups quickly identify and address equipment issues, aiding field engineers in proactive responses. IoT solutions are reducing maintenance costs and providing detailed insights into equipment and processes. The global IoT in the oil and gas market is expected to reach USD 43 billion by 2024 , growing at a CAGR of about 22% from 2019 to 2024.

Sensital provides a Real-Time Monitoring Platform

Australian startup Sensital provides solutions to extract maximum value out of the IoT ecosystems for many industries. The startup offers its IoT platform iBOTics that automates control, remotely monitors, and initiates maintenance tickets.

This also improves the safety, reliability, and efficiency of the wells, pipelines, and industrial equipment. iBOTics also helps oil & gas operators minimize the overall operating expense (OPEX) and maximize the return on investment (ROI).

Zyfra builds an Industrial IoT Platform

Zyfra is a Finnish startup that implements industrial digital solutions for the oil & gas industry through its proprietary cloud-based IIoT platform. The startup’s IIoT products for upstream oil & gas include their field development platform Geonaft. The platform supports precision drilling, production scheduling, artificial lift, and predictive maintenance, among others. Zyfra’s IIoT solutions further provide real-time insights for O&G startups, improving efficiency and worker safety.

2. Artificial Intelligence (AI)

The industry is leveraging AI and data science to enhance operations across upstream, midstream, and downstream sectors. AI-enabled platforms provide valuable insights through predictive, prescriptive, and cognitive analytics, aiding decision-making.

This technology assists petroleum engineers and managers in discovering and implementing innovative exploration and production strategies to boost ROI. The AI in oil and gas market is estimated to be valued at USD 3.5 billion in 2024 and is expected to reach USD 13 billion by 2034 , reflecting its growing impact on the industry.

DeepsinAI offers AI-based Digital Oilfield Services

Serbian startup DeepsinAI uses machine learning to optimize workforce operations for oil and gas companies. Its platform makes it easy for clients to integrate AI into their existing systems to streamline processes and gain useful insights. The startup’s comprehensive services and new digital oilfield solutions work to bring AI into underserved industries and regions.

Rovula offers AI Robotic for Subsea Inspection, Repair & Maintenance

Thailand-based startup Rovula offers an end-to-end platform that uses AI and robotics for subsea inspection, repair and maintenance (IRM). It offers three main products and services – Nautilus, a robotic technology for repairing damaged underwater pipelines; Xplorer, an AI-enabled autonomous underwater vehicle for pipeline inspections; and Xspector, a customizable cloud-based data management platform.

3. Big Data & Analytics

The oil and gas industry generates vast amounts of unstructured data daily. Big data platforms enable data analysts to extract insights from production and performance data, aiding engineers in optimizing production and ensuring reservoir safety.

Historical data enhances the training and testing of AI-driven algorithms and models. Utilizing big data analytics, the industry is deriving more value from daily decisions, leading to reduced operational costs and lower carbon emissions .

Welligence offers Data-as-a-Service (DaaS)

Welligence is a US-based startup offering big data and AI solutions for the oil & gas industry. The startup’s AI platform provides engineers with data analytics dashboards, visualization tools, production forecasts, and valuation models.

Welligence’s platform extends to a subscription-based Data-as-a-Service (DaaS) that integrates with data from any source. Broadly, the platform empowers engineers and energy operators to make better strategies at an asset or a company level.

Phoenix RDS provides Drilling Optimization

British startup Phoenix RDS leverages big data & analytics for waterflood, production, and drilling optimization. In addition to reservoir modeling algorithms, Phoenix RDS also offers optimization workflows for enhanced oil recovery (EOR). These allow oil & gas asset operators to increase reservoir sweep efficiency and reduce injection volume requirements. This, in turn, enables oil companies to reduce costs and increase asset value.

4. Robotics & Automation

In response to the hazardous and complex environments of oil and gas operations, the industry is increasingly adopting robotics and automation. These technologies enhance workplace safety and operational speed. Robots are employed for inspection, surveying, and industrial automation in oil rigs and refineries, accelerating operations and reducing the need for manual labor.

This shift not only increases efficiency but also minimizes human error. As a result, the global market for robotics and automation in oil and gas was valued at USD 16.5 billion in 2022 and is projected to reach USD 24.7 billion by 2030 .

Sensia offers Process Automation

US-based startup Sensia offers intelligent automation solutions to reduce interaction time between detection, diagnosis, and resolution for oil & gas companies. The startup’s connected technology platform enables oil & gas digitization and automation.

Sensia’s oil & gas production, transportation, storage, and processing solutions also provide greater operational efficiency, safety, and asset productivity. Using the solutions, petro-technical experts and process engineers plan optimal production schedules and reduce equipment downtime.

EXRobotics builds Robot-as-a-Service (RaaS) Solutions

Dutch startup EXRobotics builds various kinds of robots that work in rugged industrial sites and harsh environments. The startup’s robots include First Responder for incidents involving explosive gas, Emissions Detector to battle fugitive emissions, Co-Operator for remote facilities, and Investigator for data collection. For the oil & gas industry, EXRobotics offers a cloud-based RaaS platform. The platform allows industrial operators to increase operational efficiency, and safety, and reduce costs.

5. 3D Modeling & Visualization

3D modeling and high-quality visualizations are crucial in realistically representing subsurface reservoirs and oil & gas equipment. These tools, combined with historical production data, simulate production and injection phases, aiding in risk prediction for reservoir safety. Oil & gas engineers use this data for optimizing production and operational planning.

3D modeling and visualization not only lower costs and reduce risks but also enhance performance for oil & gas assets. The industry increasingly relies on these technologies for efficient exploration and production, leading to more informed decision-making and improved asset management.

O&G Cloud enables Reservoir Simulation

O&G Cloud is a Singapore-based startup providing upstream oil & gas companies with a cloud-based platform called XXSim . The platform features thermal, black oil, and compositional reservoir simulation modules.

Along with the platform, XXSim also offers tools that convert simulation files from external simulators. Using the XXSim cloud computing platform, reservoir engineers predict reservoir performance and suggest necessary inputs to maximize production from a reservoir.

Maillance provides Production Optimization

French startup Maillance offers its cloud-native solution oilfield.ai to automate reservoir modeling and visualization and make real-time decisions. The startup’s product combines geoscience, physics, and AI-based analytics.

Oilfield.ai finds applications in production optimization, field development, and reservoir management. Petroleum and reservoir engineers use the platform to train reproducible models that predict reserve estimates and optimize production.

6. Cloud Computing

Cloud computing, which stores and processes data on remote servers, is advancing the oil and gas industry by freeing up local memory and computing capacities. This technology is particularly beneficial for handling the vast amounts of data generated daily in the industry.

By leveraging cloud technology and software applications, the industry is enhancing efficiency, security, and scalability, and facilitating digital transformation. Cloud-native tools, including various ‘as-a-service’ platforms, enable advanced analytics, visual dashboards, and remote access to real-time insights.

inerG offers Petroleum Asset Management

US-based startup inerG offers tools to enable end-to-end petroleum asset management and well data analytics. The startup’s tools combine economic, production, and operational data into a single application. It identifies operational changes that improve efficiencies and reduce overall costs for O&G companies.

In addition, the startup offers inergDiligence , cloud-based software for the economic evaluation of oil & gas reserves. The diligence software improves the accuracy of acquisition and divestiture (A&D) evaluation, integration, and oil & gas asset management.

Engage enables Digital Field Management

Engage is a US-based startup building ENGAGE, a cloud-native digital field management platform. The platform provides real-time tracking, predictive scheduling, and data analytics-based reporting. The ENGAGE platform integrates production data, IoT devices, and accounting software to provide transparency into oilfield operations.

The solution also utilizes predictive algorithms to automate jobs based on predetermined criteria. Moreover, it allows oil & gas operators and vendors to save time, increase productivity, and reduce costs.

7. Augmented & Virtual Reality

Immersive technologies like augmented reality (AR), virtual reality (VR), mixed reality (MR), and extended reality (XR) are transforming the oil and gas industry. These technologies enhance efficiency and reduce errors by providing real-time information about equipment and tools.

Exploration and production companies utilize these solutions for remote monitoring, downhole imaging, and virtual training. Additionally, oil and gas startups are blending real and virtual environments to facilitate human-machine interactions through wearables and smartphone alerts. This integration of immersive tech is simplifying training and operational processes in the industry .

Previse Studio offers VR Communication

Indian startup Previse Studio offers VR solutions for manufacturing and original equipment manufacturers (OEMs) in the process industries. The startup provides VR and AR for visual communication by simulating a real environment for users during greenfield, brownfield, and revamping projects.

The solution supports plant construction and maintenance, as well as worker training and safety improvements. Operations and maintenance personnel use the startup’s VR studio to conduct plant walk-throughs, check plant construction progress or plant operations, and enable predictive maintenance.

RealWear provides Industrial Wearables

RealWear is a US-based startup providing hands-free industrial head-mounted wearable headsets. The startup’s headsets feature remote mentoring, document navigation, and IIoT visualization, in addition to digital workflow solutions. For the oil & gas industry, Realwear’s proprietary HMT is useful for drilling and completion engineers to visualize and collaborate during well-testing operations.

HMT also finds applications for process engineers to communicate with each other while scanning pump types. In addition to headsets, the startup also offers earbuds, bump caps, and hard hat clips, also powered by AR/VR.

8. Manufacturing Execution Systems (MES)

Manufacturing Execution Systems (MES) integrate manufacturing facilities, operational technologies like SCADA and computing systems to control production processes in the oil and gas industry. Given the complexity of oil and gas equipment manufacturing, MES provides an intelligent framework for integrated control systems.

It facilitates efficient monitoring and management of continuous operational processes, ensuring faster, safer, and more reliable production. The global market for MES is projected to expand from USD 14.9 billion in 2024 to USD 23.0 billion by 2029 , growing at a CAGR of 9.2% between 2024 and 2029.

Cognate-Gnosis offers Operations Optimization

Australian startup Cognate-Gnosis offers MES solutions for any industrial operations company, including oil & gas, mining, and utilities. The startup’s MES consultation helps oil & gas equipment manufacturers utilize real-time production data to optimize operations, increase efficiencies, reduce wastages, and increase overall equipment efficiency (OEE). In addition, the startup also offers IIoT solutions for enabling predictive analytics, as well as employee training and network security.

WellSentinel offers a Passive Well Integrity Monitoring Solution

WellSentinel is a UK-based startup developing a passive solution for remote subsea well integrity monitoring without the need for active power or communication. It works by detecting leaked gas or fluid using a specialized gathering system and proprietary triggers.

Once a trigger is degraded, an individually coded alert beacon is released to the surface to send a signal via satellite. This provides continuous monitoring to reduce the risks and costs of vessel-based inspection.

9. Predictive Maintenance

Predictive maintenance in the oil and gas industry involves collecting sensor data from field installations and integrating it with machine learning algorithms. This approach allows engineers to swiftly evaluate equipment conditions and schedule maintenance proactively.

Predictive operations, enhanced by software platforms, offer detailed visualizations of parts, aiding operators in foreseeing potential failures. Applicable across upstream, midstream, and downstream operations, these solutions bolster safety, prolong equipment lifespan, and cut down operational and maintenance costs.

Novity offers an Asset Health Check Solution for Predictive Maintenance

US-based startup Novity offers predictive insights into oil & gas asset health. Its expertise spans a wide range of equipment, including compressors, pumps, and motors. By leveraging Novity’s advanced prognostics, operators ensure the optimal performance and longevity of assets.

Novity also supports operators looking to strike a balance between operational efficiency and sustainable practices. Novity’s solution covers eliminating downtime and predictive maintenance for midstream and downstream oil and gas.

Datall facilitates Plant-wide Condition Monitoring Solutions

Iran-based startup Datall is a startup that develops predictive maintenance and condition monitoring solutions to help businesses prevent unplanned downtime and increase machine uptime. Its product, Gubras, monitors rotating equipment holistically and improves productivity, efficiency, and reliability. The startup enables plant-wide condition monitoring which allows plant managers to create highly efficient maintenance schedules. Gubras also integrates with third-party systems to help plants of all sizes and ages.

10. Blockchain

Blockchain enhances security and transparency through smart contracts for documents and operations. Distributed ledgers are used to verify contractors and employees and maintain these contracts. Blockchain enables automation in invoicing, post-trade settlements, and joint venture accounting.

Additionally, it’s instrumental in hydrocarbon fleet tracking, trading, retail B2C, and intragroup billing. The adoption of blockchain in the industry is seen as a significant technological breakthrough, offering a promising platform for future developments and investments.

Solar Oil Project revives Old Oil Wells using Solar Pumps and Tokenization

Solar Oil Project is a US-based startup addressing the problem of abandoned oil wells by installing solar-powered pumps to efficiently revive old wells. The process occurs transparently on the blockchain using smart contracts. Token holders can stake tokens to fund specific well revitalization projects and receive rewards in the form of SOPX tokens representing barrels of oil.

If successful at scale, the project could help clean up hundreds of thousands of abandoned wells while providing an innovative investment opportunity for token holders over decades.

Blockgemini offers Oil Demand Forecasting

Blockgemini is a US-based startup offering transparent and secure business solutions for complex oil & gas processes. The startup utilizes Blockchain, AI, and IoT to enable the full digital transformation of the oil & gas industry. This includes planning, warehousing, and transportation, as well as forecasting and demand pricing.

In this way, the cloud-based platform enables oil & gas companies to digitally share and coordinate plans, based on forecasts, and make decisions to improve their business. The solution also increases overall operational efficiency by providing transparency into various oil & gas processes.

Discover all Oil & Gas Trends, Technologies & Startups

Drones and predictive maintenance have simplified the inspection of offshore rigs and onshore equipment. Additionally, digital twins, which create a convergence between physical and virtual realms, empower engineers to oversee remote assets effectively. The adoption of these advanced technologies equips oil and gas operators and companies to tackle current challenges and adapt to future developments.

The oil & gas trends and startups outlined in this report only scratch the surface of trends that we identified during our data-driven innovation & startup scouting process. Identifying new opportunities & technologies to implement into your business goes a long way in gaining a competitive advantage.

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Safety toolbox talk topics for oil and gas

Oil and gas servicing and well drilling activities involve many kinds of equipment and materials. Therefore, recognizing and controlling hazards at these worksites is crucial for preventing injuries or deaths.

The most common oil and gas extraction hazards include:

Struck-by/caught-in/caught-between

High-pressure lines and equipment.

• Explosions and fires
• Electrical and other hazardous energy

Confined spaces

Ergonomic hazards, machine hazards.

One of the best ways to reduce incidents from these hazards is to stay in constant communication with your workers. Safety toolbox talks offer the opportunity to remind your workers of the information they received in training.

These short conversations can have a major impact in strengthening your site’s safety culture and preventing accidents along the way. Let’s look at some of the best toolbox talk topics for oil and gas work activities.

Use this toolbox talk template to create the outline for a discussion on any one of the topics in this post.

According to OSHA , three of every five on-site deaths in the oil and gas sector can be attributed to struck-by/caught-in/caught-between incidents. Here are some of the topics you might want to discuss regarding these hazards:

• Falling equipment hazards
• Working around high-pressure lines
• Moving vehicles and heavy machinery
• Securing suspended loads
• Setting up rig equipment for drilling
• Checking high-pressure lines for damaged connections

Anyone who works in the oil and gas industry understands the hazards that high-pressure lines and equipment pose. Here are some topics you can cover to remind your workers of those risks:

• Pressure vessel safety
• Erosion, leaks, or line bursts
• Line connections
• Whip crack installation
• Blowout prevention

Explosions, fires, and hazardous energy sources

Explosions and fires can occur on rigs when flammable gases, such as well gases, flammable vapors, or hydrogen sulfide ignite. These harmful substances can be released from wells, trucks, or equipment like tanks and shale shakers.

Here are some ignition sources you may want to talk about with your team:

• Frictional heat
• Hot surfaces
• Open flames
• Electrical energy sources
• Cutting and welding tools

Workers should watch for damaged equipment, extension cords, and disconnects to prevent electrical injuries. And they most definitely need reminders about performing proper lockout tagout procedures.

Spaces where gases or vapors can build up, most notably empty tanks, drums, and containers, should be monitored to test for flammable atmospheres before starting any hot work.

Additional confined spaces like reserve pits and other excavated areas can also be where hazardous gases can settle. Again, testing for atmospheric flammability and toxicity should not be overlooked.

Falls from heights

Fall protection must be provided to prevent workers from falling from masts, drilling platforms, or other platforms on the rig high above the ground. During your oil and gas toolbox talks, remind workers how to:

• Inspection their fall protection PPE
• Tighten and secure safety harnesses
• Attach fall protection gear to anchor points
• Notice hazards or issues when working on elevated platforms

If working at heights is required, you can implement an additional system to verify that harnesses and lanyards are anchored before starting work.

Maintenance activities such as working on the wellhead, pulling and running rods, or pulling and running tubing can cause fatigue and stress.

Talk to your team about ergonomics topics like:

• How to lift objects safely
• Ways to avoid repetition injuries
• When to ask for help
• How to stretch properly
• How to identify the signs of injury/fatigue

Ergonomics awareness is essential given the physical demands of working in the oil and gas industry. Use some of these safety tips to plan your toolbox talks.

In oil and gas, there are many different types of equipment that can be fatal if used or moved incorrectly. Some examples include:

• Rotating wellhead equipment
• Compressors
• Kelly drives
• Hoist blocks
• Belt wheels

You can do a toolbox talk for any single piece of equipment or combine them into one general talk about machine safety. One great point to make is the importance of protecting the body. Workers should ensure that all the proper guards are in place before using a machine.

Frontline ACT for oil and gas incidents

Our action tracking tool, Frontline ACT, is great for documenting and tracking oil and gas incidents.

Planning and prevention

All servicing and/or drilling companies need site-specific safety hazard training programs in place. Perform a job safety analysis (JSA) for each task within the site. Then, use the information you gather to customize your training materials.

When evaluating the hazards, schedule the proper training and plan your toolbox talks too. If you commit to discussing these topics on a regular basis, you can keep personal safety at the front of everyone’s mind—ultimately making the worksite safer.

Other posts you might like…

Improving excavation site safety (toolbox talk)

Forklift pedestrian safety (toolbox talk)

Prioritizing work area housekeeping (toolbox talk)

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Oil and gas decommissioning costs in the UK 2017-2062

The United Kingdom has so far spent around 7.6 billion British pounds on decommissioning obsolete oil and gas wells offshore. Over the coming decades, it is expected that up to 40 billion British pounds will be spent cumulatively. The majority of decommissioning activity is set for the decade between 2023 and 2032.

Spending on oil and gas well decommissioning in the United Kingdom between 2017 and 2022, with a forecast until 2062 (in billion British pounds)

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Additional Information

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August 2023

United Kingdom

* Figures from 2023 onward are forecast. Nominal prices.

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• North Sea: UK government revenue 2008-2023
• Oil production in the United Kingdom (UK) 2003-2022
• Offshore oil and gas industry employment in the United Kingdom 2013-2019
• Long-term oil production and demand outlook in the UK 2024-2050

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Statistics on " The United Kingdom Continental Shelf "

• Oil production share of selected countries in Europe and CIS 2022
• United Kingdom - crude oil production and trade 2010
• Quarterly indigenous crude oil and NGLs production in the United Kingdom 2010-2023
• Gross revenue of the United Kingdom Continental Shelf (UKCS) 1971-2018
• Proved oil reserves in the United Kingdom 1960-2022
• Productivity of United Kingdom Continental Shelf 2010-2018
• Number of wells on United Kingdom Continental Shelf 2010-2018, by type
• United Kingdom Continental Shelf's capital investment 2014-2022
• Operating costs of the United Kingdom Continental Shelf 2010-2018
• Unit operating costs of the United Kingdom Continental Shelf 2010-2018
• Supply of gas from the UKCS in Great Britain (GB) 2015-2019
• Undeveloped resources discovered on the UKCS 2018, by break-even oil price
• Forecasted production growth of UKCS after transfer of ownership 2018-2030
• Costs of oil platform decommissioning on the UKCS 2010-2020
• Oil well decommissioning forecast in the UK 2023-2032, by well type and region
• North Sea: forecast weight of decommissioned structures for removal 2019-2028
• North Sea: forecast tonnage to be brought ashore 2017-2025
• Enterprises in the crude petroleum and natural gas extraction industry UK 2008-2017
• UK turnover of the crude oil & natural gas extraction industry 2009-2018
• Number of oil & gas extraction companies in the UK in 2023, by turnover
• Number of oil & gas extraction enterprises in the UK in 2023, by employment size
• Employment in the crude petroleum and natural gas extraction industry UK 2008-2017

Other statistics that may interest you The United Kingdom Continental Shelf

• Premium Statistic Oil production share of selected countries in Europe and CIS 2022
• Premium Statistic Oil production in the United Kingdom (UK) 2003-2022
• Premium Statistic United Kingdom - crude oil production and trade 2010
• Basic Statistic Quarterly indigenous crude oil and NGLs production in the United Kingdom 2010-2023
• Premium Statistic Long-term oil production and demand outlook in the UK 2024-2050
• Premium Statistic Gross revenue of the United Kingdom Continental Shelf (UKCS) 1971-2018
• Basic Statistic North Sea: UK government revenue 2008-2023
• Premium Statistic Proved oil reserves in the United Kingdom 1960-2022
• Premium Statistic Productivity of United Kingdom Continental Shelf 2010-2018
• Premium Statistic Number of wells on United Kingdom Continental Shelf 2010-2018, by type
• Premium Statistic United Kingdom Continental Shelf's capital investment 2014-2022
• Premium Statistic Operating costs of the United Kingdom Continental Shelf 2010-2018
• Premium Statistic Unit operating costs of the United Kingdom Continental Shelf 2010-2018
• Basic Statistic Supply of gas from the UKCS in Great Britain (GB) 2015-2019
• Premium Statistic Undeveloped resources discovered on the UKCS 2018, by break-even oil price
• Premium Statistic Forecasted production growth of UKCS after transfer of ownership 2018-2030

Decomissioning

• Premium Statistic Costs of oil platform decommissioning on the UKCS 2010-2020
• Premium Statistic Oil well decommissioning forecast in the UK 2023-2032, by well type and region
• Premium Statistic North Sea: forecast weight of decommissioned structures for removal 2019-2028
• Premium Statistic North Sea: forecast tonnage to be brought ashore 2017-2025

Enterprises and employment

• Premium Statistic Enterprises in the crude petroleum and natural gas extraction industry UK 2008-2017
• Basic Statistic UK turnover of the crude oil & natural gas extraction industry 2009-2018
• Basic Statistic Number of oil & gas extraction companies in the UK in 2023, by turnover
• Basic Statistic Number of oil & gas extraction enterprises in the UK in 2023, by employment size
• Premium Statistic Employment in the crude petroleum and natural gas extraction industry UK 2008-2017
• Premium Statistic Offshore oil and gas industry employment in the United Kingdom 2013-2019

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ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update

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• Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share.
• ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction.
• Independent of the transaction, ConocoPhillips expects to increase its ordinary base dividend by 34% to 78 cents per share starting in the fourth quarter of 2024.
• Upon closing of the transaction, ConocoPhillips expects share buybacks to be over $20 billion in the first three years, with over $7 billion in the first full year, at recent commodity prices.

HOUSTON – ConocoPhillips (NYSE: COP) and Marathon Oil Corporation (NYSE: MRO) announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt. Under the terms of the agreement, Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock, representing a 14.7% premium to the closing share price of Marathon Oil on May 28, 2024, and a 16.0% premium to the prior 10-day volume-weighted average price.

“This acquisition of Marathon Oil further deepens our portfolio and fits within our financial framework, adding high-quality, low cost of supply inventory adjacent to our leading U.S. unconventional position,” said Ryan Lance, ConocoPhillips chairman and chief executive officer. “Importantly, we share similar values and cultures with a focus on operating safely and responsibly to create long-term value for our shareholders. The transaction is immediately accretive to earnings, cash flows and distributions per share, and we see significant synergy potential.”

“This is a proud moment to look back on what we achieved at Marathon Oil. Powered by our dedicated employees and contractors, we built a top performing portfolio with a multi-year track record of peer-leading operational execution, strong financial results and compelling return of capital to our shareholders - all while holding true to our core values of safety and environmental excellence. ConocoPhillips is the right home to build on that legacy, offering a truly unique combination of added scale, resilience and long-term durability. With its premier global asset base, strong balance sheet and laser focus on operational excellence, ConocoPhillips’ track record of long-term investments, differentiated shareholder distributions and active portfolio management are unmatched. When combined with the global ConocoPhillips portfolio, I’m confident our assets and people will deliver significant shareholder value over the long term,” said Lee Tillman, Marathon Oil chairman, president and chief executive officer.

Transaction benefits

• Immediately accretive: This acquisition is immediately accretive to ConocoPhillips on earnings, cash from operations, free cash flow and return of capital per share to shareholders.
• Delivers significant cost and capital synergies: Given the adjacent nature of the acquired assets and a common operating philosophy, ConocoPhillips expects to achieve the full $500 million of cost and capital synergy run rate within the first full year following the closing of the transaction. The identified savings will come from reduced general and administrative costs, lower operating costs and improved capital efficiencies.
• Further enhances premier Lower 48 portfolio: This acquisition will add highly complementary acreage to ConocoPhillips’ existing U.S. onshore portfolio, adding over 2 billion barrels of resource with an estimated average point forward cost of supply of less than $30 per barrel WTI.

Return of capital update

Independent of the transaction, ConocoPhillips expects to increase its ordinary base dividend by 34% to 78 cents per share starting in the fourth quarter of 2024. Upon closing of the transaction and assuming recent commodity prices, ConocoPhillips plans to:

• Repurchase over $7 billion in shares in the first full year, up from over $5 billion standalone.
• Repurchase over $20 billion in shares in the first three years.

“We remain committed to our differentiated cash from operations distribution framework of returning greater than 30% to our shareholders, with a track record of returning over 40% since our 2016 strategy reset,” added Lance. “We plan to raise our ordinary dividend by 34% in the fourth quarter and we will continue to target top-quartile dividend growth relative to the S&P 500 going forward. Additionally, we intend to prioritize share repurchases following the close of the transaction, with a plan to retire the equivalent amount of newly issued equity in the transaction in two to three years at recent commodity prices.”

Transaction details

The transaction is subject to the approval of Marathon Oil stockholders, regulatory clearance and other customary closing conditions. The transaction is expected to close in the fourth quarter of 2024.

ConocoPhillips will host a conference call today at 10 a.m. Eastern time to discuss this announcement. To listen to the call and view related presentation materials, go to  www.conocophillips.com/investor .

Advisors Evercore is serving as ConocoPhillips’ financial advisor and Wachtell, Lipton, Rosen & Katz is serving as ConocoPhillips’ legal advisor for the transaction. Morgan Stanley & Co. LLC is serving as Marathon Oil’s financial advisor and Kirkland & Ellis LLP is serving as Marathon Oil’s legal advisor for the transaction.

--- # # # ---

About ConocoPhillips

ConocoPhillips is one of the world’s leading exploration and production companies based on both production and reserves, with a globally diversified asset portfolio. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 13 countries, $95 billion of total assets, and approximately 10,000 employees at March 31, 2024. Production averaged 1,902 MBOED for the three months ended March 31, 2024, and proved reserves were 6.8 BBOE as of Dec. 31, 2023. For more information, go to www.conocophillips.com .

Dennis Nuss (media) 281-293-1149 [email protected]

Investor Relations 281-293-5000 [email protected]

About Marathon Oil

Marathon Oil (NYSE: MRO) is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays in the U.S. - Eagle Ford, Texas; Bakken, North Dakota; Permian in New Mexico and Texas, and STACK and SCOOP in Oklahoma, complemented by a world-class integrated gas business in Equatorial Guinea. The Company's Framework for Success is founded in a strong balance sheet, ESG excellence and the competitive advantages of a high-quality multi-basin portfolio. For more information, please visit  www.marathonoil.com .

Karina Brooks (media) 713-296-2191

Investor Relations Guy Baber: 713-296-1892 John Reid: 713-296-4380

Forward-Looking Statements

This news release includes “forward-looking statements” as defined under the federal securities laws. All statements other than statements of historical fact included or incorporated by reference in this news release, including, among other things, statements regarding the proposed business combination transaction between ConocoPhillips (“ConocoPhillips”) and Marathon Oil Corporation (“Marathon”), future events, plans and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, the anticipated impact of the proposed transaction on the combined company’s business and future financial and operating results, the expected amount and timing of synergies from the proposed transaction, the anticipated closing date for the proposed transaction and other aspects of ConocoPhillips’ or Marathon’s operations or operating results are forward-looking statements. Words and phrases such as “ambition,” “anticipate,” “estimate,” “believe,” “budget,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” and other similar words can be used to identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Where, in any forward-looking statement, ConocoPhillips or Marathon expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond ConocoPhillips’ or Marathon’s control. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in the forward-looking statements.

The following important factors and uncertainties, among others, could cause actual results or events to differ materially from those described in forward-looking statements: ConocoPhillips’ ability to successfully integrate Marathon’s businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the expected benefits and synergies of the proposed transaction may not be fully achieved in a timely manner, or at all; the risk that ConocoPhillips or Marathon will be unable to retain and hire key personnel; the risk associated with Marathon’s ability to obtain the approval of its stockholders required to consummate the proposed transaction and the timing of the closing of the proposed transaction, including the risk that the conditions to the transaction are not satisfied on a timely basis or at all or the failure of the transaction to close for any other reason or to close on the anticipated terms, including the anticipated tax treatment (and with respect to increases in ConocoPhillips’ share repurchase program, such increases are not intended to exceed shares issued in the transaction); the risk that any regulatory approval, consent or authorization that may be required for the proposed transaction is not obtained or is obtained subject to conditions that are not anticipated; the occurrence of any event, change or other circumstance that could give rise to the termination of the proposed transaction; unanticipated difficulties, liabilities or expenditures relating to the transaction; the effect of the announcement, pendency or completion of the proposed transaction on the parties’ business relationships and business operations generally; the effect of the announcement or pendency of the proposed transaction on the parties’ common stock prices and uncertainty as to the long-term value of ConocoPhillips’ or Marathon’s common stock; risks that the proposed transaction disrupts current plans and operations of ConocoPhillips or Marathon and their respective management teams and potential difficulties in hiring or retaining employees as a result of the proposed transaction; rating agency actions and ConocoPhillips’ and Marathon’s ability to access short- and long-term debt markets on a timely and affordable basis; changes in commodity prices, including a prolonged decline in these prices relative to historical or future expected levels; global and regional changes in the demand, supply, prices, differentials or other market conditions affecting oil and gas, including changes resulting from any ongoing military conflict, including the conflicts in Ukraine and the Middle East, and the global response to such conflict, security threats on facilities and infrastructure, or from a public health crisis or from the imposition or lifting of crude oil production quotas or other actions that might be imposed by Organization of Petroleum Exporting Countries and other producing countries and the resulting company or third-party actions in response to such changes; insufficient liquidity or other factors that could impact ConocoPhillips’ ability to repurchase shares and declare and pay dividends such that ConocoPhillips suspends its share repurchase program and reduces, suspends or totally eliminates dividend payments in the future, whether variable or fixed; changes in expected levels of oil and gas reserves or production; potential failures or delays in achieving expected reserve or production levels from existing and future oil and gas developments, including due to operating hazards, drilling risks or unsuccessful exploratory activities; unexpected cost increases, inflationary pressures or technical difficulties in constructing, maintaining or modifying company facilities; legislative and regulatory initiatives addressing global climate change or other environmental concerns; public health crises, including pandemics (such as COVID-19) and epidemics and any impacts or related company or government policies or actions; investment in and development of competing or alternative energy sources; potential failures or delays in delivering on ConocoPhillips’ current or future low-carbon strategy, including ConocoPhillips’ inability to develop new technologies; disruptions or interruptions impacting the transportation for ConocoPhillips’ or Marathon’s oil and gas production; international monetary conditions and exchange rate fluctuations; changes in international trade relationships or governmental policies, including the imposition of price caps, or the imposition of trade restrictions or tariffs on any materials or products (such as aluminum and steel) used in the operation of ConocoPhillips’ or Marathon’s business, including any sanctions imposed as a result of any ongoing military conflict, including the conflicts in Ukraine and the Middle East; ConocoPhillips’ ability to collect payments when due, including ConocoPhillips’ ability to collect payments from the government of Venezuela or PDVSA; ConocoPhillips’ ability to complete any other announced or any other future dispositions or acquisitions on time, if at all; the possibility that regulatory approvals for any other announced or any future dispositions or any other acquisitions will not be received on a timely basis, if at all, or that such approvals may require modification to the terms of those transactions or ConocoPhillips’ remaining business; business disruptions following any announced or future dispositions or other acquisitions, including the diversion of management time and attention; the ability to deploy net proceeds from ConocoPhillips’ announced or any future dispositions in the manner and timeframe anticipated, if at all; potential liability for remedial actions under existing or future environmental regulations; potential liability resulting from pending or future litigation; the impact of competition and consolidation in the oil and gas industry; limited access to capital or insurance or significantly higher cost of capital or insurance related to illiquidity or uncertainty in the domestic or international financial markets or investor sentiment; general domestic and international economic and political conditions or developments, including as a result of any ongoing military conflict, including the conflicts in Ukraine and the Middle East; changes in fiscal regime or tax, environmental and other laws applicable to ConocoPhillips’ or Marathon’s businesses; disruptions resulting from accidents, extraordinary weather events, civil unrest, political events, war, terrorism, cybersecurity threats or information technology failures, constraints or disruptions; and other economic, business, competitive and/or regulatory factors affecting ConocoPhillips’ or Marathon’s businesses generally as set forth in their filings with the Securities and Exchange Commission (the “SEC”). The registration statement on Form S-4 and proxy statement/prospectus that will be filed with the SEC will describe additional risks in connection with the proposed transaction. While the list of factors presented here is, and the list of factors to be presented in the registration statement on Form S-4 and proxy statement/prospectus are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to ConocoPhillips’ and Marathon’s respective periodic reports and other filings with the SEC, including the risk factors contained in ConocoPhillips’ and Marathon’s most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K.  Forward-looking statements represent current expectations and are inherently uncertain and are made only as of the date hereof (or, if applicable, the dates indicated in such statement).  Except as required by law, neither ConocoPhillips nor Marathon undertakes or assumes any obligation to update any forward-looking statements, whether as a result of new information or to reflect subsequent events or circumstances or otherwise.

No Offer or Solicitation

This news release is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.  No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.  

Additional Information about the Merger and Where to Find It

In connection with the proposed transaction, ConocoPhillips intends to file with the SEC a registration statement on Form S-4, which will include a proxy statement of Marathon that also constitutes a prospectus of ConocoPhillips common shares to be offered in the proposed transaction.  Each of ConocoPhillips and Marathon may also file other relevant documents with the SEC regarding the proposed transaction. This news release is not a substitute for the proxy statement/prospectus or registration statement or any other document that ConocoPhillips or Marathon may file with the SEC.  The definitive proxy statement/prospectus (if and when available) will be mailed to stockholders of Marathon.  INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.  Investors and security holders will be able to obtain free copies of the registration statement and proxy statement/prospectus (if and when available) and other documents containing important information about ConocoPhillips, Marathon and the proposed transaction, once such documents are filed with the SEC through the website maintained by the SEC at www.sec.gov .  Copies of the documents filed with the SEC by ConocoPhillips will be available free of charge on ConocoPhillips’ website at www.conocophillips.com or by contacting ConocoPhillips’ Investor Relations Department by email at [email protected] or by phone at 281-293-5000.  Copies of the documents filed with the SEC by Marathon will be available free of charge on Marathon’s website at ir.marathonoil.com or by contacting Marathon at 713-629-6600.

Participants in the Solicitation

ConocoPhillips, Marathon and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction.  Information about the directors and executive officers of ConocoPhillips is set forth in (i) ConocoPhillips’ proxy statement for its 2024 annual meeting of stockholders under the headings “Executive Compensation”, “Item 1: Election of Directors and Director Biographies” (including “Related Party Transactions” and “Director Compensation”), “Compensation Discussion and Analysis”, “Executive Compensation Tables” and “Stock Ownership”, which was filed with the SEC on April 1, 2024 and is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/1163165/000130817924000384/cop4258041-def14a.htm , (ii) ConocoPhillips’ Annual Report on Form 10-K for the fiscal year ended December 31, 2023, including under the headings “Item 10. Directors, Executive Officers and Corporate Governance”, “Item 11. Executive Compensation”, “Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” and “Item 13. Certain Relationships and Related Transactions, and Director Independence”, which was filed with the SEC on February 15, 2024 and is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/1163165/000116316524000010/cop-20231231.htm and (iii) to the extent holdings of ConocoPhillips securities by its directors or executive officers have changed since the amounts set forth in ConocoPhillips’ proxy statement for its 2024 annual meeting of stockholders, such changes have been or will be reflected on Initial Statement of Beneficial Ownership of Securities on Form 3, Statement of Changes in Beneficial Ownership on Form 4 or Annual Statement of Changes in Beneficial Ownership of Securities on Form 5, filed with the SEC (which are available at EDGAR Search Results https://www.sec.gov/edgar/search/#/category=form-cat2&ciks=0001163165&entityName=CONOCOPHILLIPS%2520(COP)%2520(CIK%25200001163165)) . Information about the directors and executive officers of Marathon is set forth in (i) Marathon’s proxy statement for its 2024 annual meeting of stockholders under the headings “Proposal 1: Election of Directors”, “Director Compensation”, “Security Ownership of Certain Beneficial Owners and Management”, “Compensation Discussion and Analysis”, “Executive Compensation” and “Transactions with Related Persons”, which was filed with the SEC on April 10, 2024 and is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/101778/000010177824000082/mro-20240405.htm , (ii) Marathon’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, including under the headings “Item 10. Directors, Executive Officers and Corporate Governance”, “Item 11. Executive Compensation”, “Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” and “Item 13. Certain Relationships and Related Transactions, and Director Independence”, which was filed with the SEC on February 22, 2024 and is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/101778/000010177824000023/mro-20231231.htm and (iii) to the extent holdings of Marathon securities by its directors or executive officers have changed since the amounts set forth in Marathon’s proxy statement for its 2024 annual meeting of stockholders, such changes have been or will be reflected on Initial Statement of Beneficial Ownership of Securities on Form 3, Statement of Changes in Beneficial Ownership on Form 4, or Annual Statement of Changes in Beneficial Ownership of Securities on Form 5, filed with the SEC (which are available at EDGAR Search Results https://www.sec.gov/edgar/search/#/category=form-cat2&ciks=0000101778&entityName=MARATHON%2520OIL%2520CORP%2520(MRO)%2520(CIK%25200000101778)) .

Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transaction when such materials become available.  Investors should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions.  Copies of the documents filed with the SEC by ConocoPhillips and Marathon will be available free of charge through the website maintained by the SEC at www.sec.gov . Additionally, copies of documents filed with the SEC by ConocoPhillips will be available free of charge on ConocoPhillips’ website at www.conocophillips.com/ and those filed by Marathon will be available free of charge on Marathon’s website at ir.marathonoil.com/ .

Use of Non-GAAP Financial Information and Other Terms – This news release contains certain financial measures that are not prepared in accordance with GAAP, including cash from operations (CFO), free cash flow and net debt. CFO is calculated by removing the impact from operating working capital from cash provided by operating activities. Free cash flow is CFO net of capital expenditures and investments. Net debt is total balance sheet debt less cash, cash equivalents and short-term investments. This news release also contains the terms enterprise value, cost of supply and return of capital. Enterprise value included in this release is calculated based on the sum of net debt as of March 31, 2024, and anticipated shares to be issued at the fixed exchange ratio of 0.2550 measured at ConocoPhillips' closing share price on May 28, 2024. Cost of supply is the WTI equivalent price that generates a 10 percent after-tax return on a point-forward and fully burdened basis. Fully burdened includes capital infrastructure, foreign exchange, price-related inflation, G&A and carbon tax (if currently assessed). If no carbon tax exists for the asset, carbon pricing aligned with internal energy scenarios are applied. All barrels of resource are discounted at 10 percent. Return of capital is defined as the total of the ordinary dividend, share repurchases and variable return of cash (VROC).

Cautionary Note to U.S. Investors – The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves. We may use the term “resource” in this release that the SEC’s guidelines prohibit us from including in filings with the SEC. U.S. investors are urged to consider closely the oil and gas disclosures in our Form 10-K and other reports and filings with the SEC. Copies are available from the SEC and from the ConocoPhillips website.

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