Geoscientists In Demand, Says INEXS

February 4, 2009 at 12:15 am 2 comments

INEXS has released a white paper that connects the dots between the acute shortage of geoscientists and a predicted increase in acquisitions and divestures (A&D) activity in the oil and gas industry. INEXS suggests that the economic credit crisis and dropping crude prices are setting the stage for a big oil industry consolidation, where cash-rich energy companies continue growth by purchasing cash-constrained companies unable or unwilling to borrow. Geological services are a necessary step in this A&D process. However, without experienced geoscientific staff, oil companies that either want to acquire new properties or divest themselves of potential producing assets will not have the right team in place to make the most profitable decisions.

The INEXS white paper entitled, “Where have All the Geoscientists Gone?…And Why It’s a Big Problem for the Energy Sector,” highlights long-term solutions, as well as immediate remedies to the crisis. The INEXS white paper will be available at the INEXS NAPE Booth #3425, where INEXS management will be present to outline possible solutions to the A&D challenges faced in this troubled economy. Additionally, the white paper will be posted on the INEXS Web site (www.inexs.com).

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Entry filed under: Heard & Noted. Tags: , , .

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2 Comments Add your own

  • 1. Karen Blanchard, APR  |  February 4, 2009 at 3:34 am

    For PetroComputing blog readers who do not know, INEXS™ is a relationship-driven geological and geophysical interpretation consulting company offering a full range of services (regional geologic studies, exploration evaluation, integrated field studies, A&D assistance) – all evaluated and delivered using the latest technologies by highly skilled, experienced, and relational human beings.

    Reply
  • 2. Laura Kamrath  |  February 4, 2009 at 10:25 pm

    The INEXS White Paper is available for download at http://www.inexs.com

    Reply

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