Matador May Tap Its Haynesville ‘Gas Bank’ if Prices Stabilize

The operator holds 8,900 net Haynesville Shale acres and 14,800 net Cotton Valley acres in northwestern Louisiana, all HBP, that it would drill if gas prices stabilize—or divest for the right price.

NextEra Ponders Nuclear Plant Restart as Backlog Climbs

NextEra Energy’s CEO is considering restarting the Duane Arnold nuclear plant as electricity needs, particularly from data centers, are growing.

Mexico Pacific Working with Financial Advisers to Secure Saguaro LNG I FID

Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor phase of Saguaro Energía LNG.

Amber CEO Goff Resigns from Exxon Mobil Board

The CEO of Amber Energy Inc., the winning bidder of Citgo Petroleum for an auction price of $7.3 billion, resigned from Exxon Mobil Corp.’s board of directors last week.

In Memoriam: Jay Precourt (1937-2024)

Legendary wildcatter Jay Precourt leaves behind legacy of philanthropy in Colorado and at Stanford University.

SLB Earnings Rise, But Weakened 4Q and 2025 Ahead Due to Oil Glut

SLB, like Liberty Energy, revised guidance lower for the coming months, analysts said, as oilfield service companies grapple with concerns over an oversupplied global oil market.

EnCap Closes $6.4B for E&P Fund, Including Co-investments

EnCap’s Fund XII raised $5.25 billion for work in U.S. oil and gas basins. Coupled with its energy transition and midstream funds, the private equity firm has collectively raised $9 billion this year.

Dividends Declared the Week of Oct. 14

As third-quarter earnings are underway, here is a compilation of dividends declared from select upstream and midstream companies.

Hart Energy Announces 2024 ‘Forty Under 40’ Honorees

‘Forty Under 40’ honorees represent top young rising stars rising up from across the energy spectrum.

Liberty Capitalizes on Frac Tech Expertise to Navigate Soft Market

Liberty Energy capitalized on its “competitive edge” when navigating a challenging demand environment in third-quarter 2024, CEO Chris Wright said in the company’s quarterly earnings call.