Weathering the end of hurricane season
Industry Updates

Weathering the end of hurricane season

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By Drew Boyce
Industry Updates

As the curtain falls on another hurricane season, energy companies might be tempted to breathe a sigh of relief. However, in the high-stakes world of energy production, complacency can be costly. From offshore platforms to coastal refineries, the energy sector remains perpetually vulnerable to the erratic nature of tropical storms. At Mobius Risk Group, we believe that effective hurricane preparedness is not just about survival—it's about thriving in the face of adversity.

 

The Multifaceted Approach to Hurricane Readiness

 Hurricane preparedness in the energy sector requires a multifaceted approach encompassing financial hedging, operational readiness, robust systems, and personnel management. By focusing on these key areas, energy companies can significantly mitigate the risks associated with hurricane season. By mastering these key areas, energy companies can transform the challenge of hurricane season into an opportunity to showcase their resilience and operational excellence.

 

Financial Fortification: Hedging Against Nature's Fury

When storm clouds gather on the horizon, a robust financial strategy becomes your first line of defense. It is also important to remember that the fall season brings its own set of challenges. Low demand, high production, and limited storage capacity can create a precarious market situation. As our strategy team advises clients, long-term hedging strategies should account for these seasonal factors to ensure comprehensive protection against various scenarios.

 Mobius Risk Group offers sophisticated financial solutions designed to weather any storm. Our proprietary RiskNet™ platform and rPNL analytics empower companies to implement complex hedging strategies efficiently.

 "Mobius covered everything without any drop in service," said theHead of Marketing for a large energy company. "Despite Hurricane Beryl, they managed every detail and met every need. Their high standards of reliability in tail events are truly impressive.”

 

Physical Preparedness: Navigating Supply Chain Disruptions

 While financial hedging is crucial, physical preparedness is equally vital. Mobius Risk Group's physical solutions are designed to keep your operations running smoothly, even when Mother Nature has other plans:

 We help companies develop robust backup plans for gas sales and swift supply rerouting strategies. Our extensive network helps you establish relationships with buyers across different regions, ensuring you always have a "home" for your product.

From offshore production to NGL fractionation facilities, we provide critical insights on vulnerabilities across the entire energy supply chain.

 

The Human Element: Your Crisis Response Team

Even the best-laid plans are only as good as the team executing them. Our marketing and physical scheduling teams offer round-the-clock support, ensuring you're never alone in facing a hurricane threat. We help establish unambiguous decision-making protocols, ensuring everyone knows their role when every second counts. Importantly, our services go beyond immediate crisis response, helping you integrate hurricane preparedness into your long-term growth strategies.

 

The Mobius Advantage: Turning Challenges into Opportunities

 In the unpredictable world of energy production, Mobius Risk Group stands as your steadfast partner in hurricane preparedness. Our comprehensive approach combines:

  1. Cutting-edge technology (RiskNet™ platform and rPNL analytics)
  2. Deep industry expertise
  3. Tailored risk management solutions
  4. Holistic view of both financial and physical preparedness

By leveraging Mobius' solutions, energy companies mitigate risks and position themselves to thrive despite potential disruptions.

 "Mobius' strategic risk services helped us reshape our approach to hurricane season. We're not just more prepared; we're more competitive." - Energy producer and Mobius client

 

Be Prepared, Be Profitable

 As you refine your hurricane preparedness plans, consider how Mobius Risk Group's expertise can elevate your strategies. Our team ofindustry veterans and advanced technology solutions provide the support you need to confidently weather any storm.

 In an industry where adaptability and foresight are the keys to long-term success, Mobius Risk Group is your partner in turning the challenges of hurricane season into opportunities for growth and excellence.Don't wait for the next storm to test your readiness.

 

Evaluate your hurricane preparedness

Drew Boyce

Drew Boyce

Role and Responsibilities

Drew is currently the head of Mobius’ Physical Natural Gas Desk. He has eight years of experience in the energy industry, all with Mobius Risk Group. His energy experience has focused on natural gas, primarily on producer services, trading, asset optimization, transportation, scheduling, and procurement. Drew works closely with our clients to develop and implement strategies that align with their overall physical and financial objectives.  

Previous Experience

Before starting with Mobius, Drew was a 4-year Varsity Football Player for Penn State University.  

Education

BS, Business, Penn State University  

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