Venture Global’s Calcasieu Pass LNG Project Gets Boost from FERC
The Federal Energy Regulatory Commission released a report responding to an appellate court’s questions over Venture Global LNG’s Calcasieu Pass 2 project.
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International
Paisie: Assessing an Uncertain Energy Future in Three Scenarios
Several years ago, Stratas Advisors developed three long-term energy scenarios. A scenario depicting greater market volatility in an increasingly unstable world is appearing more likely.
Acquisitions & Divestitures
Prairie Operating to Buy Bayswater D-J Basin Assets for $600MM
Prairie Operating Co. will purchase about 24,000 net acres from Bayswater Exploration & Production, which will still retain assets in Colorado and continue development of its northern Midland Basin assets.
Acquisitions & Divestitures
The Aggregators: Avant’s Winning Formula to Deliver Returns
Avant Natural Resources buys small, sells big and is loving every minute of it.
Acquisitions & Divestitures
ConocoPhillips Sells $600MM in Noncore Permian Basin Assets
Following its $22.5 billion deal to buy Marathon Oil, ConocoPhillips is targeting $2 billion in asset sales— a goal a company executive said would largely be achieved this year.
Legislation
Hamm: Interior, DOE Leadership is a ‘Dream Team’
Harold Hamm, U.S. energy policy influencer and founder of wildcatter Continental Resources, said his top choices of Interior Secretary Doug Burgum and newly confirmed Energy Secretary Chris Wright will be a “dream team of unimaginable proportions.”
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Oil and Gas Investor Magazine
E&Ps Pivot from the Pricey Permian
SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.