• 3d illustration of oil pump jacks on sunset sky background with financial analytics charts. Concept of falling oil prices
    Peak Demand in 3 Years? We don’t think so.
    On May 17, 2022, Bill Vail represented Graves & Co. Consulting at the New York Energy Capital Assembly’s annual conference in New York City. Held at the New York Stock Exchange’s […]
  • John Graves comments on SPR Release
    USA TODAY, March 31, 2022 Will gas prices ease with Biden’s release from strategic reserve?  Experts say it’s not enough One million barrels of oil will be released per day […]
  • Allen Barron
    Allen Barron retires from Graves & Co. Consulting, Bill Vail to serve as Executive Vice President
    HOUSTON, March 14, 2022 | PRNewswire Graves & Co. Consulting, a professional independent reservoir engineering firm to the oil and gas industry, announced today that Allen C. Barron, Executive Vice President, […]
  • Power plant and oil tank, petrochemical industrial plant at night and Twilight sky view, technician Industrial workers, engineer manager working in a power plant.
    Strategic Alliance between Graves & Co. Consulting and Signa Engineering
    Houston, TX – June 17, 2020 – Graves & Co. Consulting (www.gravesconsulting.us) is a reservoir engineering and geological consulting firm. We are pleased to announce the creation of a strategic alliance with Signa Engineering (www.signa.net) providing unparalleled engineering and consulting capacity and expertise. [cont'd]
  • Pumping crude up from the ground in oil field.
    How Tight-Oil Wells Grow Old
    Tight-oil production in the US set new records in 2019, but the banner year ended with an important caveat: more than two-thirds of crude production from shale plays flowed from wells drilled in the past 2 years. The figure reflects the fast-paced life of horizontal wells while also highlighting that older assets are not contributing as originally expected. [cont'd]
  • Eggleston Project
    Low-Cost Fracking Offers Boon to Oil Producers, Headaches for Suppliers
    At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by $200,000.
  • Oilfield
    Hoping for Gusher, Fracker Came Up Short
    Two years ago, Encana Corp. unveiled a supersize fracking operation that many said would represent the future of the U.S. drilling boom. Unfortunately, performance has fallen off significantly. [cont'd]
  • Oil workers in oil field, Graves Co Consulting, Houston Texas.
    Fracking’s Secret Problem – Oil Wells aren’t Producing as Much as Forecast
    The wells of some producers in the Permian Basin appear to lag behind forecasts. Thousands of shale wells drilled in the last five years are pumping less oil and gas than their owners forecast to investors, raising questions about the strength and profitability of the fracking boom that turned the U.S. into an oil superpower. [cont'd]