Maximizing Returns in Upstream Oil and Gas
Energy Development Partners, founded by Joshua Mosshart, has a unique approach to maximizing returns in the oil and gas industry. In his own words, Mosshart's strategy is “…to think in terms of lowering costs and maximizing the monthly cash flow in the oil and gas industry by taking a holistic approach.” In a world where energy security is a priority, oil and gas companies need to ensure they have robust asset and portfolio strategies in place. Exploration and production costs directly impact the profitability of upstream activities, as higher costs can reduce margins and profitability. Oil and gas companies are reinvesting record profits from the fossil fuel price surge to intensify the hunt for new deposits. In the current high oil price environment, oil and gas companies have an opportunity to refine their energy transition strategies and channel some of their bumper earnings into low-carbon investments. Energy Development Partners' challenges were with the waste streams