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Few people understand the business of oil and gas better than Tom Petrie.

After serving as senior oil analyst for First Boston, Petrie co-founded Petrie Parkman & Co., merged it into Merrill Lynch and subsequently served as Vice Chairman of Bank of America Merrill Lynch. Most recently Petrie co-founded Denver-based Petrie Partners, a boutique energy-focused investment banking firm whose senior team members bring to bear more than $350 billion in energy transactions.

In addition to his active involvement in more than $200 billion in oil and gas M&A transactions, Tom Petrie has led teams that advised the Kingdom of Saudi Arabia on its natural gas initiative, the State of Alaska on gas pipeline options, and the U.S. Department of Energy on the sale of the Elk Hills oilfield.

Oil & Gas 360® talked to Tom Petrie on Jan. 16, 2015, for this exclusive nine-minute interview. Petrie shares his global perspective on the current commodities price cycle on the E & P sector, discusses a timeline for a coming slowdown in shale production, talks about the follow-on effects on the oilservice and midstream sectors, and discusses the Saudis’ next move. The questions we asked Petrie are listed below:

  • When will all the recently announced CapEx cuts result in lower shale production?
  • Which countries are likely to have production cuts, either by conflict or choice?
  • What do you see happening to large-scale projects in the U.S. that are just now starting to come online?
  • Will the oilservice companies be hit harder than the E&Ps in 2015?
  • How does the drilling slowdown affect the midstream segment?
  • At what point does Saudi Arabia blink?
  • WTI briefly traded above Brent this week. What do you believe that indicates from a global supply view?

To tap into Tom Petrie’s decades-long understanding of the oil and gas business and get his current perspective on what the industry may look like in the next two years, listen to today’s  interview*.

*Embedded charts, graphics, video and related images were selected by Oil & Gas 360® for the purpose of providing visual illustrations to accompany the topics discussed during the interview.

Additionally, Tom Petrie will be Keynote Speaker at EnerCom’s The Oil & Services Conference™ 13, on Wednesday, Feb. 18, 2015, at the Omni Hotel, Downtown San Francisco.

Stay tuned for upcoming exclusive interviews with the “TOP MINDS IN THE BUSINESS.” Only on Oil & Gas 360®.

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