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By Kelcas
The podcast currently has 6 episodes available.
Kelcas Oil Corporation, an organization actively involved in oil exploration, production, and sales over the decades explores innovations that has been the driven force behind oil and gas growth.
Oil and gas companies have seen it all. High volatile prices, stringent environmental regulations, political uncertainties, difficulties with complex fields, and many more. The industry is one that is clouded with challenges over the years including adaptation and innovation and the recent coronavirus crisis has also taken a hard toll on the oil and gas. If you know the industry well, it is one that always finds a way to weather the storms and adapt to the situation.
These challenges have opened up tremendous opportunities to come up with innovative measures to promote efficiency, improve production techniques, and reduce costs while reducing the environmental impact. From exploration to the final stage, innovation and technological advancement have been reshaping every stage of the industry. This has driven the industry growth and help meet the world's demand for oil. Read on as Kelcas Corporation examines the major innovation shaping the landscape.
Hydraulic Fracturing
The use of factoring, known as hydraulic fracturing has revolutionized the energy sector in America over the years. According to the experts of Kelcas Oil Corporation, the hydraulic fracturing coupled with horizontal drilling has transitioned the country into an energy-producing superpower. It has allowed oil companies to get low priced more stable gasoline prices, reduced GHG emissions, and pollutants, and prevent dependence on imported energy. Commonly used in shale formations, this cutting edge innovations promise to contribute a boost to the booming US economy.
Chemical tracers
Kelcas Oil explained that the chemical tracers have allowed the company to dig out well and come up with fracture designs that are cost-effective. "We are able to fully identify the source of production in the well and get the insight required for effective field exploration while reducing the pitfalls." It has become an effective innovative tool for reservoir surveying and monitoring. The good thing is they have high detectability, thermally stable and they are environmentally friendly.
According to the experts of Kelcas Oil Corporation, relationship within the workplace thrives when it is grounded in trust, and honesty. From the top managers to those at the bottom, everyone within an organization is expected to build and promote a healthy environment. This is where the code of conduct and ethics comes in. No matter the size of the business, a code of conduct and ethics is crucial to create a company culture that is to be followed. A well-laid down code of conduct will ensure everyone n the organization is clear on the mission, visions, values, and principles guiding the organization. This is to ensure everyone understands desired behavior, plays by the same rule, in order to foster an environment of trust, ethical behavior, and excellence.
Hence, let’s take a look into Kelcas Oil Corporation, a renowned oil, and gas company code of ethics and conduct, and how it ensures the ethical treatment of its employees, clients, partners, as well as its environment.
Kelcas Oil Corporation - Code of Ethics
An organization is more productive when everyone treats each other with dignity and respect. Kelcas Corporation seeks to promote fairness, integrity, and loyalty. The aim is to:
Promote loyalty and respect between the management and staff.
Value and appreciate each other in order to make the environment and the world at a large better place.
Bring out the best in each person which in turn contributes to the success of the business
Treat colleagues, customers, suppliers, partners ethically at all times.
This code of conduct and ethics reflect on the Kelcas Oil Corporation’s daily operations, core values, and the overall culture. They are addressed into 5 main domains:
Kelcas Corporation - Corporate Ethics
An organization that puts ethics at the forefront of its reputation is not only promoting goodwill but is also highly esteemed in society. In the highly competitive business world, customers and employees today only want to work with the organization they can trust and tend to move far away from those lagging in ethical behavior.
Kelcas Oil Corporation works in accordance with the law of the country and respects the culture of the society in which it operates. An organization that is highly diversified, it frowns against harassment or discrimination of any type. These and many more are what have earned the organization a good reputation in the society.
Kelcas Corporation’s Staff
Kelcas Corporation understand the importance of communication as it affects the ability to work together, be engaging, and productive. The organization promotes open and honest communication while promoting healthy competition among staff members. It holds the values of honesty and respect among the employees and this has helped them to retain talents and attract new ones over the years.
Kelcas Oil Corporation’s investors
A well-implemented code of conduct and ethics will attract partners and investors. Hence, making it easy to establish long term relationships both within and outside the industry. Kelcas put the interests of its partners at the heart of its operation and ensures they go far and beyond their expectations. Plus, it deals with investors and partners with all honesty and integrity. A key ingredient to building long-lasting relationships.
According to the experts of Kelcas Oil Corporation, the oil and gas are now experiencing a huge transition because of the advancement in technology. Technology has contributed greatly to the escalating growth of the production of oil and gas. New digital technologies have emerged, revolutionizing the sector and being embraced by players in the industry to cut costs and boost profits and efficiencies. Not only that, but a number of emerging technologies have also opened doors to new sources of oil and natural gas, reach to remote locations, and even access the most challenging reserves of oil and gas that were previously expensive to extract. Adopting these new technologies have no doubt enable companies to rise to the increasing demand for energy globally. What are these key technologies?
Read on as Kelcas Oil Corporation, an organization actively involved in oil exploration, production & sales explores the technologies shaping the landscape.
Hydraulic Fracturing
Hydraulic fracturing has now become widely used in already established oil and gas regions as well as newer areas says the experts of Kelcas Oil Corporation. Although it has been in use for decades, today, Hydraulic fracturing has become more advanced and it is being employed alongside horizontal drilling. The adoption of these cutting edge technologies have unlocked shale oil and gas reserves and has greatly contributed to the surge in the oil and gas production in the US. Hydraulic fracturing involves the injection of fluids that is under high pressure to crack open the rock in order to increase the flow of oil and natural gas from the well.
According to the experts of Kelcas Corporation, investments in oil stocks no doubt has won the heart of investors over the years. Is this however the case in 2020? With countries on lockdown, movement halted and airline industry grounded, COVID-19 sure comes with a lot of unprecedented circumstances. The year is unfavorable for the oil and gas industry as oil prices are being battered from both sides: demand and supply. Sadly, while other sectors have risen beyond the fall, the oil and gas still remain beaten down and this might roll over to the end of the year. Does this mean there is no hope for investors in oil stocks?
Well, many countries have started lifting travel restrictions. Hence, it is safe to say the worst is over. To know more, Kelcas Corporation, a well-known oil, and the gas company explain more on what investors can do, things to consider, and the future outlook of oil stocks. Read on!
What was the Case over the Month?
Amid the COVID-19 pandemic and the economic meltdown, the oil prices begin to hit the bottom. The industry has experienced a great deal of volatility over the months and most of the companies have been hurt by the lower commodity prices. It all became clear in early February when the International Energy Agency (IEA) report that they expect that global oil demand will fall in 2020. This comes as no surprise as global travels are limited and movement is halted. This prompted OPEC and its allies to agree to cut global petroleum output by nearly 10th, the single largest output cut in history. The aim is to stabilize prices in the oil markets. However, the end of April sees the US crude oil prices bouncing back to its feet despite the challenges. The crude oil stocks rose unexpectedly at the end of May after the decline in the previous period says the experts of Kelcas Corporation. Moreover, with the ease in restrictions across different countries, there is potential for growth in the coming years.
What the Factors to Consider before Investing are in oil Stocks?
Evaluate the Demand, Supply, and the Equilibrium
One of the things investors should consider is the high risk of volatility in the price. Global oil production has exceeded the demand especially in 2020. This no doubt has affected the price oil making it drop drastically in the past months. Like other commodities, the major determinants of oil prices is the supply and demand in the market. Evaluate the market equilibrium, the demand, the supply including the inventories.
Kelcas Corporation, a renowned company producing oil independently in the Ohio River Valley. The company is actively involved in the exploration, production, and sales of pre-designed and customized oil and gas while also offering transparency for investors.
Even before the name of our company was given birth, it all started in 1886, when oil was discovered in Illinois Basin and the first extraction of fossil fuel was made. Kelcas Corporation was among the first to make discovery and extraction of oil in this area. It wasn’t until the 20th century that production of this highly sought after commodity really took off. The founders, recognizing the potential of this new commodity found in the Ohio River Valley formed an Exploration and Development company. Kelcas Corporation was officially founded in 1988. The journey to success all started with the establishment of approximately 300 wells in five counties near the Kentucky/Illinois border. The company has grown in leaps and bounds since then.
Why kelcas Corporation Explores for Oil and Gas in the Illinois Basin?
The Illinois Basin is primarily in Illinois, Indiana, and Kentucky, nestled in the midcontinent of the United States. Oil production has been the major contributor to the Illinois economy since the early 1900s whereas coal mines have been in operation in the 1800s. Hence, these Paleozoic formations have produced huge quantities of oil and natural gas which have greatly contributed to the growth of the state. It has around 160 fields located in the southern part of the state and it has proven to be very stable over time.
The highly permeable sandstone or rocks are major sources of mineral resources in the Illinois Basin. The major mineral resources the Kecas Oil company have explored and produced include:
Petroleum:
More than 4 billion barrels of petroleum have been harvested in the Illinois basin with the beginnings of the 1900s as the starting point of a major production. There are approximately 32,100 oil and gas production wells with a daily production of 1.5 barrels per day. Kelcas skills, determination, expertise makes them achieve excellence in no time as the company records 1/2 million barrels of production in 2007. Hence, reaching a highly successful exploration and excellence.
Oil arguably is the world’s most important source of energy. According to the experts of Kelcas Corporation (www.kelcas.com), when lifeblood of modern society combines with oil and gas, it makes more than half of the world’s energy. An integral source of energy in many industries. It provides fuels to vehicles and airplanes to carry people and commodities all over the world. Gas provides electricity, and also serving the purpose of cooking and heating energy. We use oil and gas for hundreds of things in a day and it has gained an important status in our daily lives.
Hence, investing in oil and gas can be very lucrative and there is a wide range of options and investor can enjoy the slice of the cake. Kelcas Corporation (www.kelcas.com), a renowned company exploring,oil & gas in Western Kentucky and Southern Indiana, and offering investors transparent and direct ownership in oil looked into the different ways to invest in oil and gas and the types. Let’s dig in!
Ways to invest in Oil and Gas
Mutual Funds or ETF
Whether to diversify a portfolio or to serve as a hedge, ETF or mutual fund investment is the easiest form that makes you gain direct exposure to oil and gas investment. An investor can take advantage of owning multiple stocks without direct exposure to risk. Plus, there is no pressure on wealth as you can invest as little or as much as you can said by experts of Kelcas Corporation.
The podcast currently has 6 episodes available.