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Joseph Hilyard's timely new book provides a broad perspective on the oil and gas industry, with primary attention to the United States. It takes the reader on a tour of the operations used to find and evaluate resources, and then to produce, store and deliver oil and gas.The book's main focus is primarily on the equipment and processes used in exploring new resources; evaluating promising formations; drilling wells; managing oil and gas production; converting oil and gas into products; and transporting oil and gas. Separate chapters address the evolution and current structure of the petroleum industry; oil and gas trading; and challenges likely to face the oil and gas industry in coming years.Three appendices define key industry terminology; suggest further reading on selected topics; and identify organizations that can provide more information.
Just recently, I finished reading Joseph Hilyard's book, "The Oil & Gas Industry: A Nontechnical Guide". And I am happy to report that the book was both edifying and enjoyable. Mr. Hilyard sets about in this book to accomplish a noble, though challenging, objective: to provide an introduction to this tremendously complex, and important, industry in a manner that doesn't require a significant and deep technical background. And I think that he has accomplished this objective in fine fashion.Having read carefully through the entire book, from cover to cover, I would say that I am now in possession of an understanding of the industry far greater than the average layman. To put this in context, I am an MBA graduate, whose career thus far has focused primarily on Data Management in the Financial Services area. As we live now in greater Houston, a city whose economy is dominated by the Oil and Gas industry, I found Mr. Hilyard's book to be extremely useful.The book manages to cover a very wide variety of subjects with respect to the industry, ranging from the fundamentals of Oil and Gas discovery, exploration, and development, to product development, distribution, marketing, industry structure, and finally to emerging challenges that the industry must come to address. Mr. Hilyard succeeds admirably in covering these important matters in a manner that is both readable and informative. We applaud the author for his fine efforts in this regard and encourage others to avail themselves of the excellent learning opportunity provided by this important and well written book. God bless.