O&G Interview Technicals

Hey everyone,

I've read conflicting stories about the technical aspect of Houston O&G interviews - are these typically more focused around "traditional" IB questions or do they have a focus on O&G?

Thanks! 

 

JPM has a section in their SD specifically focused on O&G technicals. Not super difficult but I would definitely prepare before hand if that’s the group you’re interviewing with.

 
Most Helpful

If you want to do O&G banking and do not know the fundamentals of the industry I would consider that ding-worthy.

Basics include: 

- Knowing how you go from prospect to consumable fuel/product (upstream > midstream > downstream)

- General macro situation / players (OPEC+ vs US)

-  Technological improvements that go us to today (fracking)

- Know where US production comes from broadly (Permian, Alaska, Gulf, Bakken, Appalachia)

 That's par in my eyes, next step is knowing the industry valuation norms and how to think about them. 

 

This - biggest way to differentiate urself is to know the industry. Many can say they want to do oil and gas but a far fewer people can talk about the functionality of the industry and why the things are a certain way vs. another.

I think also keeping up with the news is super important. The industry is so dynamic that I think even something 6months ago can be very different with how it’s today. So, keep up to date with the news and what’s happening.

 

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