CEO: California Resources, Aera Wait on Permits to Scale San Joaquin Drilling
Acquisitions & Divestitures

Come Together: California Resources, Aera Merge for Scale, Drilling Runway

California Resources Corp. closed an acquisition of Aera Energy to become California’s top oil and gas producer. Now, CRC President and CEO Francisco Leon wants to grow from a one-rig to an eight-rig drilling program—but faces stiff pushback from regulators and environmental advocates in the Golden State.

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Hart Energy
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Supreme Court’s Uinta Basin Rail Case Raises Stakes for LNG, Pipelines
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Oil and Gas Investor Magazine

Hart Energy's Oil and Gas Investor, July 2024 cover: The Santa Rita #1 well is emblematic of the early glory of Permian Basin wildcatters. Image courtesy Briscoe Center for American History, University of Texas at Austin.
July 2024
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It’s All Relative: Family Oil Companies Attract Huge M&A Attention

It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

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Hart Energy

Offshore Guyana: ‘The Place to Spend Money’

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Darbonne: The Tesla, the Airport, a Scandal and a Swimming Pool

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