Bringing it all Together:Oil & Gas Operations after Acquisition and
Diligence
Gina M. Banai
Exploration & Production Phases
Acquisition
Planning & Permitting
Construction
Drilling
Completions
Production
Midstream
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3
Acquisition
4
The process of acquiring a Working Interest in Oil and Gas Leases for development
□ Landowners
□ Brokers
□ Oil & Gas Operators
□ Purchase in Fee
Acquisition
5
Planning & Permitting
6
Well site location and design is typically based upon the following factors:□ Geology
□ Landowner preference
□ Current infrastructure in place Roads, pipelines, etc.
□ Environmental restrictions Wetlands, streams
Planning & Permitting
7
ESCGP-2 Permit
□ Earth Disturbance
General Permit
□ Stream and wetland crossings
Highway Occupancy Permit (HOP)
Well Permit
Joint Permit Application
□ For larger scale projects- when certain criteria are in place the Army Corps of Engineers and DEP must both evaluate and approve plans
Township Permits
□ Sewage
□ Grading
Planning & Permitting
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ESCGP
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Well
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Construction
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Construction
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Construction
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Drilling
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Drilling
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Drilling
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Drilling
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Drilling
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Completions
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Completions
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Completions
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Flare
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Production
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Production
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Production
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Production
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Production
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Production
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Midstream
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Midstream
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Midstream