Friday, August 2, 2013

Story on Brandon Davis by Nate Ryan of US TODAY

Nate Ryan of US TODAY published an article about Brandon Davis's successes and struggles with his career, Swan Racing and Swan Energy.  Here is a snippet of the article. Please click on the link to read the full article at US TODAY's site.

Swan Racing's Brandon Davis thrives on NASCAR frustration

Single-car team owner, just 34, sees potential for growth in challenging climate

Brandon Davis lost his job at a mortgage company, had his car repossessed and lived on 99-cent burritos while sleeping on a cousin's couch in Denver.
A decade later, he's the owner of a team in the Sprint Cup Series.
Though Swan Racing, which is ranked 33rd entering Sunday's 400 at Pocono Raceway, hasn't met his expectations in its first full year on NASCAR's premier circuit, Davis seems to relish the challenge.

"It is frustrating, but if things are easy, they're boring," Davis, 34, tells USA TODAY Sports. "There's nothing fun about easy. If we were winning every week, sure that'd be fun, too. But if there's a challenge in front of me. I enjoy problem-solving. I've always been the underdog."
The odds seemed slim when Davis' path toward car ownership started with answering a want-ad promising, "99% failure, 1% success, six-figure income potential" as a salesman for an energy exploration company. Within three months, Davis was the top salesman and survived a purge in which everyone from a 17-person staff was fired except him.

He became a vice president at Heartland Energy at 25 but nearly went broke after a management split caused his departure from the company four years later. He formed Bedrock Energy, which nearly wiped out after starting with three dry wells in its first six months. But a run of 10 good wells led to stability, and the rebranded Swan Energy drilled 32 wells last year and is on pace for more this year.
The vacillating fortunes of a wildcatter – and transient lifestyle of NASCAR's traveling circus -- seem good fits for Davis, who bounced between schools as a kid.

"I think a lot of it relates to my childhood," Davis says. "Instability is comfortable for me. When I get to a stable point, I get bored, which pushes me further and motivates me. It's kind of a mess. My wife, Tara, it drives her crazy. If I tell her, 'We're going to throw all our money in a pile and burn it, and we're going to live in the back of a truck for a month or two,' she'll say, 'O.K.' She knows how I am. It's just what I do."

The plan in NASCAR, though, is for permanence. Davis hopes to grow single-car Swan Racing, which fields the No. 30 Toyota for David Stremme, into a multicar organization that also will field cars in the Nationwide and K&N series. The original timeline was five years to become fully established, but building a revenue model has been trickier than expected for Davis.
He had signed partial season sponsorship deals with Lean One and Widow Wax but has had to bridge the budget shortfalls.

"I'm spending a lot of money – a lot more than I'd planned on, but I'm having so much fun, I don't care," says Davis, who raced dirt late models in his spare time before starting Swan Racing last August. "When it gets to the point that impacts my business, it'll change things. But for the time being, we're good, and I'm happy... CLICK  READ FULL ARTICLE

Wednesday, March 13, 2013

Swan Energy Announces Update for Operations in McClain and Garvin Counties, Oklahoma

 Since 2008, Swan Energy,Inc., alongside and through their strategic partners and affiliates, has furthered its operations in McClain and Garvin Counties, Oklahoma with the launch of the Wildhorse Creek Joint Venture. In these two counties, Swan Energy has 23 wells producing and 3 well under completion.

Swan Energy with Joint Venture partners visiting McClain county wells

Brandon Davis, CEO of Swan Energy, Inc., states “We have the opportunity to continue our drilling program in Oklahoma in one of the most prolific producing areas of the mid-continent with an operator that has a wealth of experience in drilling over 40 wells in the immediate area.”

The 10 townships that Swan Energy is exploring have produced over 557 Million barrels of oil and the wells have averaged over 125,000 bbls of oil each.  Swan Energy’s Director of Exploration, John Herring, has stated, “Every prospect we drill has the potential to be a Bromide producer, which have averaged over 250,000 bbls of oil for each well.  Furthermore, there are many wells that have made in excess of 400,000 bbls of oil and plenty of wells that made over 1,000,000bbls of oil.”

Swan Energy is currently subscribing the Wildhorse Creek Joint Venture, which will consist of four wells in McClain and Garvin Counties, Oklahoma.  The first well drilled in this Joint Venture is currently under completion with the 3 remaining wells to begin drilling by the end of March.  While each well has primary target formation of the Bromides, the wells also have back up zones in the Hart Sands, Woodford Shale, Hunton Limestone, and Viola Limestone.

John Herring states, “All four prospects are modeled after our tried and true exploration method: drill in areas of proven production with all available offsets and seismic data to find the undrilled locations that are geologically correct for tapping large accumulations of oil.”

Swan Energy continues its long-term commitment to the exploration and production of proven oil and gas fields; specializing in the acquisition and development of domestic oil and natural gas fields in petroleum-rich areas across the United States.

Tuesday, July 24, 2012

Swan Energy Drills the Nicni in McClain County

by Brandon Davis - The Nicni is another Swan Energy well in McClain County Oklahoma. Drilling began June 20, 2012.

For more videos and updates please visit us here, and here.

Wednesday, February 22, 2012

Oil Price Up on Fear Iran Stops more oil - Brandon Davis

Oil prices moved higher on Tuesday, reaching their highest levels since last May as concerns grew about Europe's oil supplies. Over the long holiday weekend, Iran announced that it will cease selling oil to the UK and France in retaliation for the upcoming oil embargo that is planned for this summer by the European nations. 
While the move appears to be mainly symbolic as Britain and France import almost zero oil from Iran, it does raise concerns that Iran could take the same strict approach line with neighboring European nations that rely on more of the Iranian crude supply. 
Read the full developing story about Iran and the current price of oil. Swan Energy see this as another indicator that points to the value of developing alternatives to foreign oil imports and maintaining a controllable, positive oil pipeline to stabilize the economy and offer steady growth opportunities for oil and gas investors and businesses and corporations alike.

Friday, January 27, 2012

John Schiffner of Swan Energy explains the difference between WTI / Brent oil

Lots of individuals do not understand that oil Swan Energy takes out of the ground in Oklahoma provides different qualities compared to oil which comes out of the Middle East or Canada

There is two variables that generally specify the features of oil that create these variations.

The primary aspect is called API gravity. API is short for American Petroleum Institute; this is a statistic which can be used to determine how heavy or light petroleum liquid is when compared with h2o. If the API gravity is lower than 10, it is actually weightier than normal water and sinks; if the API gravity is greater the 10 then it's lighter than water and floats above water. API is measured in "degrees." Most petroleum valuations show up between 10 and 70 API gravity degrees.

Generally oil with the API gravity in between 40 and 45 commands the greatest price ranges. Oil which has an API above 45 degrees is less worthy to refine as a result of variations to the molecular framework.

The API gravity of the oil that Swan Energy is currently removing out of its oil wells in Oklahoma John Schiffner explains, is about 38.00 to 42.00 degrees.

You can find three primary categories of oil based upon API Gravity:

  • Light crude oil: API gravity greater when compared to 31.1 degrees
  • Medium crude oil: API gravity between 22.3 and 31.1
  • Heavy crude oil: API gravity lower than 22.3
  • Extra heavy crude oil: API gravity under 10.00

There could be a few differences in grading from party to party, but this may provide you a good baseline to understand the grades of oil.

The second aspect is how sweet or sour oil might be. This is often based on the sulfur content of the petroleum

Petroleum is regarded as "sweet" if it contains lower than 0.5% sulfur. "Sour" oil describes petroleum which has over 0.5% sulfur.

The phrase "sweet" comes from the nineteenth century prospectors that would taste small quantities of the oil to establish its quality. The lower level of sulfur provides the oil with a mildly sweet flavor and pleasant smell.

Sour oil is a lot more widespread than sweet oil. Sour oil is located in Canada, the Gulf of Mexico, regions of South America as well as the majority of the Middle East; sweet crude is a lot more frequently produced in the Central United States, nearly all of Africa, the Asia Pacific and the North Sea.

Sweet crude is favored since it requires less processing in order to eliminate pollutants. Light sweet crude has the greatest demand while heavy sour crude is traded for much less. The oil that Swan Energy is now acquiring out of Oklahoma is regarded as Light Sweet Crude.

Using these two factors, oil will be priced on the world market while using different kinds of oil. There are two key benchmarks for world oil prices: WTI crude oil and Brent crude oil. While each are light sweet crude oils, historically WTI trades at a premium (by just a few dollars a barrel) because it's generally lighter and sweeter. Swan Energy sells the oil produced by the Joint Venture oil wells utilizing the WTI index not the Brent index.

In 2010, for the very first time, this changed and today WTI is trading below Brent by as much as 20%.

The variance in between WTI and Brent began at the end of 2010 and was highlighted in February of 2011. You can find two main elements contributing to this. First are the Libyan situation and the Arab Spring, which decreased supply of light sweet crude to Europe

The other, that could be more long lasting than the Libyan situation, is the oversupply at the primary safe-keeping facility in Cushing, Oklahoma.

As the new pipelines from Canada arrived online together with oil production increases in North Dakota and Colorado merged with the two pipelines delivering oil up from the Gulf resulted in the Midwest refiners becoming oversupplied with oil

What can also be an aspect is the oil coming from these places might not compare in level of quality to the light sweet oil from the Midwest. These aspects are all actively playing a major part in creating a large delta in between Brent and WTI.

There are several analysts that feel that market manipulation might be actively playing a component too. In summary we will need to wait and see what goes on as the situation in Libya settles down and as increasingly more oil arriving form Canada and North Dakota is being transported by truck and train to the Gulf.

Eventually, need continues to be high and though Swan Energy thinkgs might see temporary growth in resource, oil supply is still diminishing world wide which will continue to keep oil prices high, as apparent by the growing WTI prices as it closes the gap between Brent and WTI at the end of October and outset of November.

Tuesday, November 15, 2011

Swan Energy - Just Exactly What Is Missing From Barack Obama's Job Plan?

At the beginning of September President Barack Obama presented Congress with his $447 billion business proposal to get Americans back to work and pleaded both the House and the Senate to push it forward without delay.

Having said that there is an oversight that should have played an essential aspect to his job planAmerican Energy.

American self-sufficient nation wide oil and gas producers are the backbone of the energy sector. These individual producers, like Swan Energy, cultivate 90% of the gas and oil wells in the U.S... These wells produce 68% of the oil and 82% of the natural gas in the United States.

As President Obama crisscrosses throughout the nation promoting his job strategy amidst the high unemployment and financial worries, the self-sufficient gas and oil producers are quietly making contributions to the job growth.

According to the President of the Independent Petroleum Association of America (IPAA), in 2010 individual Oil and Gas businesses (including Swan Energy) made up almost 4 million work opportunities; that's an exceptional 3% of all the jobs in the U.S.!

Rather than promoting this outstanding job opportunity which only could improve our country's policy and also lessen our reliance on the foreign oil, Obama's strategy puts its crosshairs on the oil and gas sector by the mischaracterized "tax loopholes" for the oil and natural gas suppliers by seeking to eliminate the past tax structure which has promoted industry investing by self-sufficient producers and individual shareholders which are willing to consider thehigh risk of oil pursuit and production. These so-called "tax loopholes" have endorsed American work growth for many years.

If we think about the market as a whole, thinking over and above the independent oil and gas suppliers, America can see considerable job growth

According to William O'Keefe, CEO of the George C. Marshall Institute, President Obama's decision to leave out traditional energy from his jobs strategy clashes with his own administration's data. Labor Department figures show that the Oil and Gas industry continues to be creating jobs as the economic climate has been losing them.?

Look at the data below that was unveiled by the U.S. Labor Department this year, since 2007 the U.S. has dropped 5.7% of its jobs, even though the oil and gas industry has gained 16.9%. Swan Energy believes that with the oil and gas growth that we are experiencing throughout the U.S. we could observe considerable job growth in 2012. Job development in the oil and gas market improved about 200% in less than a year in 2011. It's not unreasonable to infer that people could see this identical pattern in 2012.

What could occur to job growth if the hostility towards oil and gas exploration and production is lowered?

Swan Energy was surprised to find out from the IHS Global Insight-CERA findings that just a single year measure to boost the speed of federal government permitting for Oil and Gas suppliers could produce:

- 230,000 American job opportunities
- Over $44 billion to the U.S. GDP
- Nearly $12 billion in state and federal tax and royalty earnings.

All this without having the $447 Billion price tag.

Monday, November 7, 2011

Recent Innovations in Oil and Gas - Swan Energy

Around 40 percent of coal generation factories either don't satisfy the new U.S. Environmental Protection Agency (EPA) requirements of strong limitations on mercury, sulfur and NOx or are half a century or older; Swan Energy understands that this paves the way to current enhancements in oil and gas technology that should replace coal manufacturing for United States energy customers.

Sometime soon Americans are going to convert toward gas manufacturing because gas plants will be cheaper to construct, less expensive to operate (at forecast gas rates), and regulatory approvals for brand new construction will be easier to obtain.

More power generators apply natural gas for electrical energy, increasing the American requirement for natural gas. Technological innovation has enabled the development of gas from shale rock and various other formations located in large proportions throughout the U.S.

The exploration and production industry of natural gas and oil has increased operations and increased the volume of American resources since 2006 by 39 percent, making the exploration and production of gas more efficient, risk-free and ecologically friendly.

New gas and oil innovations in technologies include things like 3-D and 4-D seismic image resolution, CO2 sand breaking, coiled tubing, measurement-while-drilling (MWD), slimhole drilling, and hydraulic fracturing (fracking). Three-D and 4-D seismic imaging fuses seismic imaging methods with personal computer processors to generate either a three-dimensional or four-dimensional time model of the subsurface levels aiding the identification of gas deposits

One of the ways that can help oil and gas to flow more freely via larger cracks in the ground is to employ a combination of sand proppants and solution called CO2 sand fracturing.

Coiling tubing replaces the traditional stiff drill pipe with an elongated coiled pipe string that flexes very easily to reduce oil-drilling expenses. MWD systems facilitate the collection of data from the bottom of a gas well in the course of drilling and provide engineers and drilling crews with current information with regards to the character of rock clusters

Drilling a slimmer hole in the ground to access natural gas and oil deposits is known as slimhole drilling. Hydraulic fracturing is used to let loose natural gas trapped in rock clusters and over 90 percent of American gas wells employ it to boost production. Colorado gas drilling pioneers make use of the environmentally friendly approach of drilling 15 or more wells from a solitary pad; this technology decreases the site traffic associated with pump trucks, proppant shipping and water removal along with improving upon the way in which waste water is taken care of.

Every one of these recent improvements in the gas and oil sector, combined with the tougher limitations the EPA is leveling on coal plants forecasts a bright future for nationwide acquired and produced oil and natural gas. Swan Energy thinks that America's demand for a dependable energy supply for the long term might have been discovered right beneath our feet.