Adam Ferrari

Originally published on consciouslifenews.com

Everybody should want to be a more effective communicator. Communication is one of the most desired skills in practically any business setting, and you will have a much harder time if you are unable to convince people of your credibility and authority through speech. Like it or not, people make all kinds of judgments about people based on how they speak and their speech mannerisms. Here, Adam Ferrari provides five tips on how to make your speech more authoritative and authentic.

1. Body Language

Over half of the way that we communicate is expressed through body language, not spoken words. Thus, body language has a significant impact on how people interpret your speech. People are much less likely to take someone seriously with their shoulder slumped and their head facing down. Effective body language involves facing your interlocutor, looking them in the eye, and keeping your upper body upright and back straight.

2. Speak Slowly and Deliberately

One problem many people have is they get excited or nervous and speed up their rate of speech. Speaking too fast runs the risk that your audience won’t be able to keep up with what you say. Be deliberate with your speech. Try to speak slowly so that people can follow along easily and fully understand what it is you are saying. That way, they can pay better countenance to your ideas.

3. Practice

The idea of standing in front of a mirror talking to yourself may sound silly, but it can be a great way to work on your public speaking skills and analyze things like your facial expressions and body language when you are talking. Take some time during the mornings to recite some speech to yourself in the mirror, taking great care to work on your body language and your appearance when speaking. With a mirror, you can pretend you are your own audience, which can better help you figure out how to communicate more effectively.

4. Keep it Simple

Jargon can be useful in many circumstances as a way to quickly convey complex ideas. But many speakers lean on jargon as a crutch and fail to deliver on the substance of an idea. Despite what you might think, keeping things simple is an excellent way to present yourself as an authority on something. Jargon makes it easy to hide behind fancy words instead of clearly articulating a concept. Your audience will appreciate the clarity and more direct speech too.

5. Relax

People can tell when your speech is forced. We know it sounds counterintuitive, but part of being a good speaker is heaving a natural cadence and flow to your voice. Ironically, focusing too hard on it will mess you up. So relax, and take it easy when speaking. Trying too hard to sound authoritative ironically can backfire and have the opposite intended effect.

Learning to speak well is a skill, and like any other, it is something you need to practice. But these strategies can help you cultivate a sense of authority in your speech.

About Adam Ferrari

Originally published on augustafreepress.com

“Time is money” is a common phrase and is typically used to mean that people should strive to do things as quickly as possible, as time is a valuable resource. However, is this long-held aphorism true, or good advice to live your life by? Indeed, we in modern society often calculate our time in terms of how much money that we make (i.e., hourly jobs, etc.), but that does not mean that money has the same value as time.

If your focus is solely on money, you might miss out on other important factors for living a successful life. Money is no doubt an important goal, but what about other things like networking and learning? Moreover, money is something that is fungible and can be replaced. But once the time is gone, it’s gone for good. Here, successful entrepreneur, Adam Ferrari discusses key ways to maximize your financial stability by spending time on skills, knowledge, and social connections.

Your time is important

For many people, working an extra hour or two a day is not a big deal. People justify this by thinking that the extra money they get makes up for the time spent. But what if you could be investing that time more wisely than just chugging away at your job? What about using that time to learn a new skill that will ultimately benefit your life more than an extra hour at your current job will?

When you have to choose between time and work, merely staying a few extra hours at your job might be time that you could better spend on something more productive that is aimed at your future goals and career advancement.

Get more value out of time

We often think of time in a purely sequential fashion: singular event A follows event B, and so on. But time can be used to do multiple things together, which ultimately allows you to squeeze more value out of each time unit. For example, there are several ways that you can batch similar jobs together. Say you spend a lot of time answering questions from your team.

Maybe there is some way that you could address the majority of their questions at once, such as through an online board or department memo. Note: this does not mean multitasking but scaling your time to your priorities.

Be honest with yourself

The truth is, most people probably do not spend their time as efficiently as they could. Whether it’s small meetings that eat away at your time during the day or tasks that merely fill up time rather than move you further towards your goals, we waste a lot of time.

Using your time wisely involves honestly assessing your time usage to make adjustments and be more efficient. People tend to overestimate their productivity, which can be a barrier to admitting that you need to be a bit wiser with managing your time.

Time is a valuable resource and, in many respects, is worth more than money. Time, like money, has a better payoff when you invest with it for the future.

About Adam Ferrari

Originally published on metalsnews.com

EL SEGUNDO, Calif., Dec. 16, 2020 /PRNewswire/ -- If landowners receive a new lease that promises royalty payments for their mineral rights, it could be a great revelation. However, landowners should be aware that not all oil and gas companies are looking out for their best interest.

Fracking Company Goals

Landowners have to know what to look out for in the small print. They should find out how many wells the oil company is planning to drill. For royalty purposes, the more the company drills, the better it is for the landowner's bottom line. With more wells comes more oil, which serves to maximize a landowner's payout on their mineral deposits.

Some Operators will secure leases and then "drill to prove," meaning that they are using the landowner's mineral rights as a roll of the dice. These Operators are likely to cut corners and not drill the first well with particular care in order to get away with as little capital investment as possible. These Operators' long-term goal is selling to a big oil player, such as ExxonMobil, once the well has "proven itself."

Allowing an oil Operator to drill to prove leaves mineral rights in a state of uncertainty. Even if their well does get picked up by a big player in the oil industry, landowners end up just as another digitized entry in a corporate spreadsheet. Their well will be in competition with hundreds of thousands of others, and the oil company doesn't care how well their particular well performs.

To be blunt, landowners are unlikely to personally influence whether their well will go to a "proof of concept" company. However, they can bring an industry expert who has a much bigger stake in the game to get them a much better deal.

Mineral Rights

Landowners should be aware that their well is going to produce far greater quantities of oil when it is first tapped. Their royalty payments will be high in the first year and then will trend significantly downward over time. Be prepared that after the first initial boom, things are bound to taper out.

There are two types of wells: vertical and horizontal. Vertical wells go straight down and don't require as much pressure or volume, while horizontal wells typically go much deeper than vertical wells and require high pressure and volume. Landowners should understand what methods and proppants the Operator will use when drilling their well. There are constant innovations in fracking technologies, and landowners should ensure that they are getting the latest and greatest, if possible.

When it comes to mineral rights, there is an opportunity for huge payoffs. Landowners should get to know the Operator working on their land and consult with an expert to ensure that they are getting the most out of their mineral rights.

About Adam Ferrari

Adam Ferrari is the founder of the mineral acquisitions company Ferrari Energy. He is a chemical engineer by degree and is an accomplished petroleum engineer by profession. He also has experience in the financial sector through his work at an investment banking firm. Under his leadership, his company has supported numerous charitable organizations, including St. Jude Children's Hospital, Freedom Service Dogs, Denver Rescue Mission, Coats for Colorado, and Next Steps of Chicago.

CONTACT: Adam Ferrari, [email protected]

View original content to download multimedia:http://www.prnewswire.com/news-releases/adam-ferrari-comments-on-fracking-and-landowners-royalty-payments-on-mineral-rights-301193893.html

Originally published on einnews.com

Adam Ferrari outlines the three sectors that produce oil to be consumed and transferred into energy products - upstream, midstream, and downstream.

EL SEGUNDO, CA, USA, January 27, 2021 /EINPresswire.com/ -- There are no signs that the oil and gas industry will be stopping anytime soon, as oil is an essential power generating resource for millions of Americans.

“Knowing the different segments of the oil industry is essential in monitoring the necessity and practicality of producing crude oil and processing it into all the valuable components used in many other products or directly as energy,” stated Adam Ferrari, CEO of Ferrari Energy.

The upstream sector of the oil industry is most commonly known as the exploration and production sector (E&P) and ensures sufficient reserves of oil and natural gas are achieved through exploration and development activities. Many oil companies will explore both onshore and offshore for potential oil reserves and design systems to ensure the oil and gas can be extracted safely and efficiently.

The midstream oil sector is responsible for gathering, transporting, and storing the oil and natural gas produced from the upstream sector. The midstream sector may also be responsible for wholesale marketing of various oil and natural gas derived products. Midstream energy workers use current technology and advanced equipment that increases transportation and storage efficiency and often use advanced automated communications and trucking fleets.

The downstream oil sector processes all the raw products gathered from the upstream phase. Crude oil will be refined in the downstream phase, and natural gas will be refined and purified. Most Americans are familiar with this part of the process, as they interact with gasoline, asphalt, natural gas, and other chemicals and gasses processed by this sector every day.

While there is an expected peak for the demand for oil in the future, there is no substantial proof that the U.S. has already surpassed its peak. COVID-19 has thrown a wrench into many oil industry’s production plans. As a vaccine has been developed, it is more likely that oil will bounce back from a trying year when more and more Americans can receive vaccines and business travel resumes as usual.

Based on the Short-Term Energy Outlook reported in December 2020, Market Watch claims that it expects 2021 prices to average around $45.78, which is approximately 3.5% more than the previous forecast.

Originally published on accesswire.com

Adam Ferrari, founder and CEO of Ferrari Energy, has named a winner for the $1,000 Adam Ferrari Health Science Scholarship, which empowers future generations of health science professionals.

EL SEGUNDO, CA / ACCESSWIRE / January 26, 2021 / Adam Ferrari has named Katherine Schoen, a senior at Alma College, as the winner of the 2021 Adam Ferrari Health Science Scholarship. The $1,000 award empowers students who wish to study health science at the collegiate level with the particular goal of providing better care for patients with physical disabilities.

"I'm excited to have chosen an individual with a deep passion for helping the physically disabled as she continues on her path in Health Science," Adam Ferrari said. "I know she will make great use of the money, and do amazing things for those in need throughout her career."

Selected from a large pool of dedicated applicants, Katherine Schoen demonstrated excellence in her field of study as she plans to continue her education at Washington University in St. Louis, Missouri, starting in the Fall of 2021. With dreams of becoming an occupational therapist, the $1,000 reward will help Schoen to pay off student loans and cover living expenses associated with student life.

Schoen has involved herself in a variety of pursuits to aid those with special needs. She has worked as a summer camp counselor at an Okemos Special Needs Day Camp, where she assisted kids and adults with disabilities to live life to their fullest extent. She also volunteered her time at Mary Free Bed Unit at Sparrow Hospital in Lansing, MI, where she assisted in the rehabilitation of individuals while simultaneously helping them regain their independence.

"Thank you for awarding me this scholarship. This scholarship will help relieve the financial burden of the costs of graduate school. It also allows me to achieve my dreams of becoming an occupational therapist," stated Katherine.

In the future, Schoen aspires to be a dedicated, compassionate, and empathetic health professional that takes on many of the challenges facing the physically disabled community to date.

"Katherine has already shown that she is willing to go the extra mile for those who are most in need," Ferrari said. "I am hopeful that the scholarship will propel her in her pursuits to become an occupational therapist and change lives for the better."

The winner was selected based on a variety of criteria, including a minimum 3.5 GPA requirement, prior volunteer experience, and future career goals. Applicants were required to have already been accepted into an accredited college or university, as well as be pursuing a degree in the health science field. Applicants were also asked to submit an essay of 1,000 words detailing why pursuing a career providing care to patients with physical disabilities was appealing to them.

Applicants were due on January 15th, 2021, with Schoen named the winner after all proposals were thoroughly reviewed. Adam Ferrari plans to continue the scholarship in the coming years to continue to provide opportunities for college students dedicated to making an impact on those with physical disabilities.

About Adam Ferrari

Originally published on wfmj.com

A global pandemic and an economic recession have shaken the oil and gas industry. Adam Ferrari comments on how companies must effectively react to the decreased use of fuel and the ever-changing digital market.

El Segundo, CA – After an economic collapse and the loss of a large number of jobs across the oil industry, many are worried about the outlook of the oil and gas industry in 2021. As the world prepares to get back to normal after a COVID-19 vaccine becomes more accessible to Americans, the choices these oil and gas companies make towards essential travel, gas production, and digitally accessible business structures will be crucial in determining how oil and gas will succeed in a post-virus world.

The oil used for air travel has seen a decline like never before as the number of passengers going through TSA security checkpoints has been reduced by 40% since the beginning of the pandemic. There are fewer flights domestically, and the increase in flights in 2021 will only grow as COVID-19 numbers decline.

Many business plans have adopted a remote design and are opting for various tools which allow workers to engage remotely vs the tradition method of in person collaboration and meetings. These changes have drastically reduced the demand for transportation fuels.

Furthermore, it may be essential for new potential investors to be assured that the prospective company is willing to adapt to a business climate where more rigid environmental standards are the norm. Not only will this gain the interest of certain long-term investors, but it will also propel oil and gas companies into the newer technologies available for minimizing the environmental impacts of operations.

Research suggests that 70% of jobs that have been lost during the pandemic may not come back by the end of 2021. Many businesses are looking for new models and a digital work interface. Technology has only become more and more critical. As many companies have had to cling to an online market, it is essential to be up to date with the latest technology and internet resources. Business models with strong digital accessibility are more likely to succeed in a post-COVID-19 world.

While America is trying to control another outbreak of the coronavirus, other countries are returning to oil consumption levels seen before the coronavirus crisis, including China and Japan, the world’s second and fourth-biggest oil consumers. Once the United States rolls out the vaccine, gas prices may return to business as usual. Until then, invest in the best business practices and bounce back stronger than ever before.

About Adam Ferrari

Originally published on prnewswire.com

Adam Ferrari, the founder of oil and gas company Ferrari Energy has made a priority of supporting various organizations, contributing to multiple non-profits in the greater Denver and Chicago areas, including St. Jude Children's Hospital, Freedom Service Dogs, Denver Rescue Mission, Coats for Colorado, and Next Steps Chicago. His donations have helped these organizations achieve a wide variety of institutional goals and have improved the communities in which his company operates.

Philanthropic Efforts

Adam Ferrari has now taken his philanthropic approach to the next level by empowering health science students to provide better care for patients with physical disabilities. The Adam Ferrari Health Science Scholarship is given to students who strive to attend college and study health science. Careers in this field include but are not limited to paramedics, medical lab assistants, surgical technicians, cardiovascular and respiratory therapists, cancer registrars, EKG technologists, and more. These individuals seek to serve the community every day, contributing to society's greater good as a whole.

The one-thousand-dollar scholarship requires applicants to meet certain eligibility requirements and submit an essay detailing prior experience obtained working with patients with physical disabilities and their desire to pursue a career to provide care for patients with physical disabilities. The short essay (about 1,000 words) will be submitted directly in the prospective student's application form.

This cause lies near Ferrari's heart due to one of his closest family members suffering from transverse myelitis.

To meet eligibility requirements, applicants must:

Be either a high school senior who has received acceptance into an accredited college or university or a currently enrolled full-time student at one of these institutions.

Be on track towards achieving a health science degree.

Have a future interest in caring for and working with patients with physical disabilities

Have a GPA of 3.5 or higher.

University Benefits

Incoming freshmen are eligible to apply for the scholarship by applying with their high-school grade point average. Even if the applicant's university does not declare majors until after the first semester, incoming freshmen can specify their undeclared status with a plan to major in a health science-related degree.

The submission deadline for the Adam Ferrari Health Science Scholarship is January 15, 2021. The chosen candidate will be announced in January 2021 based on the merit of the application and be awarded the one-thousand-dollar election funding.

The winner will then have two weeks to accept the scholarship from the day they are notified by email and can be disqualified if they do not accept within the two weeks. For the winner who accepts the scholarship, the Adam Ferrari Health Science Scholarship Committee reserves the right to ask for additional information, including but not limited to documentation in support of the information provided in the application.

For more information regarding the Adam Ferrari Health Science scholarship and its eligibility requirements, visit this website. The scholarship application can be found here. We'd love for you to apply!

About Adam Ferrari

Originally published on prnewswire.com

When the mind is confused, its instinct is to say "no." People struggle to agree with things that they don't understand, and when it comes to dealing with mineral rights and all the legal jargon that comes with it, there can be a lot of confusion.

However,

forced pooling

can nullify the word "no." Forced pooling is the mandatory consolidation of leased and unleased minerals to access one common underground mineral reserve. "If a landowner gets a notification about forced pooling from the landman, it's time to pay attention," stated

Adam Ferrari

, founder and CEO of Ferrari Energy.

Details of Forced Pooling

Oil and gas companies can legally tap into mineral resources that landowners own without permission. This is done by securing a lease to drill on a neighboring land, which can drain both landowners and their neighbor's minerals with one wellbore.

This can't happen without the mineral rights owner being notified first. However, in some states, the notice is required to be issued by mail just 15 days before the hearing—which can leave people scrambling for answers.

But what if they object? Unfortunately, oil and gas companies have a means of refuting.

How Minerals Can Be Taken Without Permission by Oil and Gas Companies

In order for an oil and gas company to drill a well, it must propose a pooling unit and apply for a permit. If approved, the oil and gas operating company can begin drilling the well. With this action, the group of lands within the pooling unit are drained into a respective wellbore without even having to physically cross a piece of land.

The landman from the oil company provides lease offers to everyone who has a stake in the mineral interests typically 15-45 days prior to applying for the permit. Should the landman reach the threshold percentage of owners to execute oil and gas leases, then he can force the holdouts (landowners who say "no") to participate by going to the land commission with a forced pooling proposal.

That means minerals will be extracted with or without permission. Landowners will be invited to a hearing where a commission will make a decision, but keep in mind that this commission has to make decisions on competing interests. Their objection holds as much weight as other stakeholders, and if a critical mass wants to go forward, they could lose out.

Options for Mineral Rights Owners

Join the Party: Landowners agree to voluntarily pool and pay their share of drilling costs. Mineral rights owners will take on liability but have a higher percentage of profits if the well booms.

Lease or Sell: Sell their mineral rights to the landman or another party for a lump sum of cash.

Be force Pooled: If mineral rights owners do nothing or object, they will be force-pooled into a risk-averse category with the party moving forward without them.

Laws on forced pooling are stacked in the oil and gas company's favor. State governments profit from these endeavors.

Negotiating in these scenarios can be tough. Hiring a professional can keep mineral rights owners abreast of the dynamics of the situation can help them to get the full amount of what they deserve.

About Adam Ferrari

Originally published on digitaljournal.com

Founder of Ferrari Energy, Adam Ferrari, discusses the extensive set of new rules approved by the Colorado Oil and Gas Conservation Commission for oil and gas drilling.

El Segundo, CA - There are new rules to follow that are set to take effect on January 15, 2021, in the state of Colorado for oil and gas drilling. It has been more than eighteen months since Governor Jared Polis signed legislation to repair Colorado’s oil and gas industry, and just recently, regulators have concluded the details.

Adam Ferrari, founder, and CEO of Ferrari Energy said that Colorado’s new rules highlight the state’s efforts to prioritize public health and safety and the environment when deciding approval for oil and gas drilling permits.

According to the Colorado Oil and Gas Conservation Commission, the private oil and gas company Ferrari Energy, along with any other organization within the oil and gas industry seeking to drill in the state of Colorado, is required to drill new oil and gas wells at least two thousand feet from homes and schools. This new regulation has increased the previous five-hundred feet requirement drastically.

This updated setback distance is under Senate Bill 19-181 (SB-181). This specific bill was passed in 2019 and is considered breakthrough legislation passed, or the most sweeping oil and gas reforms the state has ever seen, as it changed how Colorado issues oil and gas drilling permits.

The push for these new rules was seen after a seepage of an odorless gas from an Anadarko Petroleum owned line was the cause for a fatal event. The leak led to a Firestone house explosion and fire in April 2017 that killed two people and injured another. Occidental Petroleum now owns the line.

The commission has taken environmental concerns into account in its decision-making for the first time in the permitting process for oil and gas wells. In addition, the process will also involve the voice of communities that are in close proximity to the location of the physical wellbores.

Other adjustments to state rules include the commission adding a set of regulations focused on protecting wildlife by putting limits on where organizations can drill. The changes also incorporate a ban on routine venting and flaring. Flaring in Colorado is considered a rarity, but some states like Texas and North Dakota have widespread flaring. The only other state in the United States with similar regulations around flaring is Alaska.

About Adam Ferrari

Adam Ferrari was born and raised in the south suburbs of Chicago, IL. He is the grandson of an Italian immigrant coal miner who worked in the mines of Coal City, IL. From an early age, Adam was taught the value and dignity achieved through a hard day’s work. The oil and gas industry provides good-paying jobs for millions of blue-collar men and women across America, and this is one of many reasons Adam and his company are such staunch supporters of the oil and gas industry.

Originally published on thefinancialcapital.com

Adam Ferrari, founder and CEO of Ferrari Energy reveals further details on the expected progressive recovery of natural gas demand that will contribute to the long-term rebound of the oil and gas industry in the United States.

It has been a tough year for the United States oil and gas industry between the pandemic and oil price war, but with record falls come the opportunity for record rebounds. Adam Ferrari, an entrepreneur in the gas and oil industry, founded Ferrari Energy, a company that works with land-owners to produce and develop oil and gas and the right to receive royalties. Ferrari said that though the global oil demand fell by a record amount in 2020, the International Energy Agency projected that in 2021 the oil and gas industry w rebound. The stay-at-home order from pandemic precautions dampened the United States oil demand as transportation usage plummeted. Considered a multi-decade low, the gasoline demand average in April 2020 averaged around 5.33 million barrels per day, a significant drop from the 9.47 million barrels per day in April 2019. However, with coronavirus vaccines on the horizon, now more than ever, more countries are pushing to return to societal norms. Another national lockdown is being seen and declared as a worst-case scenario, and the oil market prices are now back on the rise. Jet fuel demand fell by three million barrels per day in 2020, but a rebound is brewing as the oil demand is predicted to rise to one million barrels per day in 2021. People are gradually starting to get back to more means of transportation as more travel opportunities return. The public return to travel is good news for oil and gas companies as the hit on the transportation sector was devastating for oil and gas prices. Eighty percent of crude oil barrels go towards fuel for transportation. However, people are more inclined to choose to drive because of the pandemic rather than taking an airplane. It is anticipated that low oil and gas prices will motivate another gas use boom in electricity in the summer of 2021. Gas is considered a primary source of power, taking up a total of forty percent. The International Energy Agency predicts that the total oil demand will not fully recover to pre-coronavirus levels until 2023. In the meantime, oil prices will continue to stabilize in the coming weeks, thanks to the recovering demand for oil along with oil-producing nations and United States companies performing record removal of oil from the market.

Originally published on marketwatch.com

After the oil market prices reached a record-breaking low this year, things began to look up for the gas and oil industry’s future. At the beginning of November 2020, oil received its biggest daily gain in more than five months of an 8% surge after Pfizer, one of the world’s premier biopharmaceutical companies, announced promising results regarding a potential COVID-19 vaccine.

Adam Ferrari, CEO and founder of Ferrari Energy, said that the positive news surrounding the coronavirus vaccine gave hope to traders that next year holds evidence for a condensed pandemic, resulting in boosted demand with social norms returning.

When the pandemic affected life worldwide, it drastically hit the transportation sector, impacting the oil and gas industry, as eighty percent of crude oil barrels go toward fuel for transportation. The good news about a potential coronavirus vaccine means societal adjustments back to pre-pandemic norms and more use of transportation, justifying oil’s particular reaction to the announcement.

Tracking the fluctuation of the oil and gas industry during the pandemic reflects how heavily the oil demand depended on the status of COVID-19 cases. However, the drop in oil prices did not independently rely on resurgences of coronavirus numbers. Poor refining margins, the resumption of United States oil production, and the remaining high inventories also contributed to the market price drop in oil.

A week after Pfizer and BioNTech revealed a coronavirus vaccine with ninety percent efficacy, Moderna announced its COVID-19 vaccine. Moderna’s vaccine proved ninety-four point five percent effective against COVID-19, which skyrocketed oil prices by ten percent.

Moderna brought awareness to their vaccine after the Phase 3 study of its vaccine tested met statistical criteria with its high efficacy percentage. The Phase 3 study had over thirty thousand participants in the United States enrolled to participate. The next step for Moderna consists of filing with the U.S. Food and Drug Administration (FDA) for an Emergency Use Authorization (EUA) and seeking authorizations from global regulatory agencies through application submissions.

Another proactive sign for the gas and oil industry came with Joe Biden’s COVID advisory team’s statement that the last resort response against coronavirus case outbreaks would be a national lockdown in the United States. The knowledge gives another streak of hope for those in the gas and oil industry with the reality that the economy and oil demand will not be hit as severely in the future as it was during this past spring’s lockdown.

About Adam Ferrari

Originally published on finance.yahoo.com

Adam Ferrari comments on a recent article discussing fracking and a landowner's mineral rights royalty payments.

If landowners receive a new lease that promises royalty payments for their mineral rights, it could be a great revelation. However, landowners should be aware that not all oil and gas companies are looking out for their best interest.

Fracking Company Goals

Landowners have to know what to look out for in the small print. They should find out how many wells the oil company is planning to drill. For royalty purposes, the more the company drills, the better it is for the landowner's bottom line. With more wells comes more oil, which serves to maximize a landowner's payout on their mineral deposits.

Some Operators will secure leases and then "drill to prove," meaning that they are using the landowner's mineral rights as a roll of the dice. These Operators are likely to cut corners and not drill the first well with particular care in order to get away with as little capital investment as possible. These Operators' long-term goal is selling to a big oil player, such as ExxonMobil, once the well has "proven itself."

Allowing an oil Operator to drill to prove leaves mineral rights in a state of uncertainty. Even if their well does get picked up by a big player in the oil industry, landowners end up just as another digitized entry in a corporate spreadsheet. Their well will be in competition with hundreds of thousands of others, and the oil company doesn't care how well their particular well performs.

To be blunt, landowners are unlikely to personally influence whether their well will go to a "proof of concept" company. However, they can bring an industry expert who has a much bigger stake in the game to get them a much better deal.

Mineral Rights

Landowners should be aware that their well is going to produce far greater quantities of oil when it is first tapped. Their royalty payments will be high in the first year and then will trend significantly downward over time. Be prepared that after the first initial boom, things are bound to taper out.

There are two types of wells: vertical and horizontal. Vertical wells go straight down and don't require as much pressure or volume, while horizontal wells typically go much deeper than vertical wells and require high pressure and volume. Landowners should understand what methods and proppants the Operator will use when drilling their well. There are constant innovations in fracking technologies, and landowners should ensure that they are getting the latest and greatest, if possible.

When it comes to mineral rights, there is an opportunity for huge payoffs. Landowners should get to know the Operator working on their land and consult with an expert to ensure that they are getting the most out of their mineral rights.

About Adam Ferrari

Originally published on prnewswire.com

When it comes to evaluating the risks and rewards of fracking, it's essential to stick to the facts. Adam Ferrari comments on a recent article discussing how, through proper research and evaluation of risks, fracking presents itself as a viable means of energy production in a safe manner.

Fracking is largely misunderstood and overcomplicated by society and the media. However, fracking can be easily explained and shouldn't trigger emotions of anxiety. Put simply, fracking (or hydraulic fracturing) is the process of injecting high-pressure liquid into the earth to open existing fissures to extract oil and natural gas.

The term "fracking" has taken on negative connotations. However, this negativity is mostly misguided. "Chemicals used in houses and apartments for everyday cleaning activities are more dangerous and toxic than chemicals used in fracking," stated Adam Ferrari in a recent article dispelling some of the myths about fracking.

The process of hydraulic fracturing has been around for over 100 years. Geologists discovered that rocks were porous deep within the earth (up to 30,000 ft) and that natural gas could be pulled from those porous spaces safely. Almost all rocks have pores. For example, with close inspection of a granite countertop, one notices that even kitchen counters have pores that could be widened with the application of high-pressure liquid.

Fracking pumps this high-pressure water carrying beach sand into rocks deep beneath the earth, creating microscopic cracks that fill with the sand. Once the pumping stops, the forces of the earth naturally close the cracks with the sand and keep them open ever-so-slightly to allow the fluid contents of the rock to flow through a ~5-inch hole that has been drilled.

Typically, fracking water has guar, a plant that thickens the liquid, similar to the process of making ketchup. It also has biocides to kill bugs, soap to keep the fluid slippery and reduce friction, and various other components depending on the specific type of rock being fracked. This water is used to carry the sand into the proper pores, not damage the rock itself. Without this sand, rocks might undergo a process called clay swelling, which could lead to negative oil and gas recovery rates.

One of the leading concerns about fracking is groundwater protection. However, freshwater close to the surface is protected by thousands of feet of rock, still pipe, and cement. It is very unlikely for this water to be contaminated, and if it is, the water can still be purified. Freshwater is never destroyed during fracking, and numerous precautions are taken so that freshwater is not disturbed in the first place.

Another common objection to fracking is that it causes earthquakes. It's important to remember that while minor earthquakes might take place, they are of very low magnitude and can't produce damage to existing structures.

Fracking lights up cities, powers cars to stay on the road, and puts food on the table for thousands of hard-working men and women and their families across the United States.

About Adam Ferrari

Originally published on timesofstartups.com

Adam Ferrari is the Founder & CEO of Ferrari Energy. Born and raised in the south suburbs of Chicago, IL, Adam is the grandson of an Italian immigrant coal miner. Adam firmly believes that the oil and gas industry not just keeps America moving forward but the industry also provides good-paying jobs for millions of blue-collar men and women across America. For him, it is important to support the oil and gas industry. Success should be followed by giving back to the society and through the successes at Ferrari Energy, the company has been able to give back to various organizations in the greater Denver and Chicago regions.

We recently got a chance to Interview Adam Ferrari.

Adam, Thank you so much for talking with us. For any entrepreneur, every new day brings its own challenges. Tell me about your best and worst days at work.

Thanks for having me. My best workdays are the days we close transactions that are mutually beneficial to both our company and client. Leading up to these closings are key milestones in both software development and service enhancements that result in an amazing sense of achievement. The days where the fruit of all the hard work is visible are most definitely the best days. The worst days consist of moments where world events outside of our control impact our business negatively. For example, the initial COVID-19 restrictions and the more recent ones have been very challenging for our business and many other small businesses. However, if it were not for the challenging times, we would not appreciate the good times as much!

What are the projects that you most enjoy working on?

We get the most enjoyment in earning the business of a client that does not think they need our services. Taking a hard ‘No’ to a resounding ‘Yes’ is quite exhilarating, and we get to experience that quite often. In terms of projects, the projects we engage in are cutting-edge, so they are all quite enjoyable. Developing the code to run valuation models across the assets in our universe is a never-ending project that is very enjoyable to work on.

What was your biggest ‘a-ha’ moment?

Being able to accurately forecast cash flow from all asset types in our space via automation. We had our ‘a-ha’ moment during one particular whiteboard session, and it all came together nicely. I cannot give away any more than this here as this is our secret sauce!

What has been the most important part of your professional journey?

Practicing humility! Having too much success early in one’s professional journey can be detrimental to discernment. Possessing and practicing humility will allow you to remain open minded and to hear others voice opinions and concerns in a way that will lead to better outcomes most often. I firmly believe a foundation in humility is critical to have lasting success in business.

What are some of the risks that your company is currently facing?

There is growing sentiment in the world that oil and gas are evil. This flies in the face of real economic data and the physics of energy generation and consumption, but nonetheless, this current sentiment poses longer-term risks to our business. I believe that physics and economics will prevail in the long run, but only time will tell.

What would you do with unlimited resources?

I would have every title document ever filed in the United States reviewed and ensure key information was extracted from each document. There is no software solution for this task yet, thus the need for manual human involvement. This information would give us a massive competitive advantage over every other company in our space.

When was the last time you totally lost yourself in doing something?

I lost myself while reflecting on the highs and lows of the past four years of my life. Some people suggest you should look forward and not backward, but I found this moment and others like it to be incredibly useful and nourishing to my soul. Being deeply in tune with our own unique journey is critical to moving forward with a clear and focused mind.

What do you do when you’re not at work?

I love to travel and experience other cultures. This is critical to ensure I keep the challenges faced by me and my business in proper perspective.

Through Adam Ferrari scholarship, you are already in the path of changing lives. What more do you feel you can do to make a difference in the world?

Adam Ferrari is an accomplished petroleum engineer and is the founder of a private oil and gas a company, Ferrari Energy. Throughout various roles in the oil and gas industry, Adam was inspired to learned more about property rights and the inner workings of petroleum exploration and extraction. After gaining expertise in the energy sector Adam obtained knowledge of the financial industry through his time at an investment banking firm. He then pivoted to bootstrapping his own business, Ferrari Energy, from the ground up as he blended his knowledge of energy and finance together.  

This endeavor saw him shift his perspective to work directly with people on a personal level to understand both their story and needs. He emphasized the importance of making the effort to engage in meaningful face-to-face interactions in a world that is so digitally focused and at times seemingly removed. Adam found success in this field. His company provided over 2,000 land owners divestment and lease opportunities on their respective lands. 

Adam Ferrari - CEO of Ferrari Energy

Adam Ferrari is a chemical engineer and is the founder of the mineral acquisitions company, Ferrari Energy, based in Denver, Colorado. He was originally trained as a chemical engineer, a degree that he completed magna cum laude. After graduation, he entered the business sector where he gained significant experience in both finance and investments.

Eventually, Adam decided to launch his very own startup, the aforementioned Ferrari Energy. He accomplished this without any outside help, a feat he remains proud of to this day. This proved to be an impactful part of his professional career as he led a group of over 40 employees and eventually became recognized not just as an engineer, but also as an impactful leader and businessman. One of his company’s notable achievements was providing over 2,000 unique land owners divestment and lease opportunities on their respective lands.

Adam is a philanthropist who gave back to communities in Denver and Chicago which are both cities that he has taken residence in and maintains strong ties to.. Under his leadership, Ferrari Energy actively made annual donations to a variety of non-profit organizations, including St. Jude Children’s Hospital, Freedom Service Dogs, Denver Rescue Mission, Coats for Colorado, and Next Steps of Chicago. His heart is especially close to Next Steps, which supports people with paralysis, because one of his beloved family members suffers from this condition.