Publications

  • Report: Downturn will fundamentally reshape services industry

    December 04, 2015 | Oil and Gas | The Houston Chronicle's Fuel Fix Blog | Media mention

    Oil field services companies facing the worst downturn in decades will have to reshape the way they do business to meet the evolving needs of oil companies clamoring for cheaper and more efficient tools and services, according to a new analysis by Bain & Company. "It's a pivotal moment," said Ethan

  • Wall Street firms that bankrolled oil boom are hurting

    October 14, 2015 | Oil and Gas | CNNMoney.com | Media mention

    Cheap oil is creating headaches for the Wall Street firms that bankrolled America's oil boom. Banks usually go through "redetermination" in the fall, during which they reevaluate the amount of financing they will provide based on the amount of oil a company can pump at current prices.

  • Mexico defies oil price slump as 60 percent of fields auctioned

    September 30, 2015 | Oil and Gas | Bloomberg Businessweek | Media mention

    The second auction for rights to produce oil in the shallow waters off Mexico's Gulf coast drew more bids for more money than expected. For this round, the country lowered minimum financial requirements to participate, and announced the royalty payments needed to win contracts prior to bid day, a

  • SPE Panel: Focus on what you can control, hope is no strategy

    September 29, 2015 | Oil and Gas | E&P Magazine | Media mention

    advised against counting on a rise in global oil and gas demand to lift the industry out of today's downturn. "We shouldn't hold out hope for correcting the supply demand imbalance by hoping we can grow our way out of it on the demand side," Leis said.

  • SPE ATCE: Panel draws industry roadmap to 2040

    September 28, 2015 | Oil and Gas | Oil & Gas Journal | Media mention

    Jorge Leis, a partner in Bain & Company's Houston office, was a panelist at the Society of Petroleum Engineers' Annual Technology Conference & Expo's discussion on how the oil and gas industry will meet energy demand that is expected to rise 32% by 2040. According to Leis, "We should not look to

  • Deal aims to create a U.S. pipeline colossus

    September 28, 2015 | Mergers & Acquisitions, Oil and Gas | The Houston Chronicle | Media mention

    Pipeline and processing companies, known as the midstream sector in the flow of oil and gas from well to consumption, were late to feel the effects of the 50% drop in oil prices because they typically operate under fee-based, long-term contracts.

  • Big oil patch deal may prompt others to explore

    August 26, 2015 | Oil and Gas | The Houston Chronicle | Media mention

    As the price of crude plunges and companies with strong finances look to get stronger by gobbling up weaker competitors, the oil and gas industry may start to see more mergers.

  • Midstream execs pipe up as stocks go down

    August 20, 2015 | Oil and Gas | The Houston Chronicle | Media mention

    A large part of the value of a midstream company today is its promise of a steadily rising dividend, yet investors seem to be pricing midstream companies as if they won't be growing much at all.

  • With low prices, drillers land windfall from pipes

    July 10, 2015 | Mergers & Acquisitions, Oil and Gas | Houston Chronicle | Media mention

    "We're going into a wave of M&A activity in midstream. The strong need and want to get stronger," Bertocco said. "It makes more and more sense for the larger players to acquire assets."

  • Market conditions buttress Carlyle plans for Philadelphia refinery

    June 23, 2015 | EnergyWire | Media mention

    , a partner in the Oil & Gas practice at Bain & Company. "The key question looking forward ... what is going to happen with that differential? Is that differential sustainable? Will it widen again to the levels we saw in the last few months?