Kinetik CEO Jamie Welch walks through the company's process for acquiring Durango Permian, including selling its 16% stake in the Gulf Coast Express pipeline, and shares his takeaways on challenges in the Permian today, in this Hart Energy Exclusive interview.
While extended length lateral wells can lead to massive profits, the risk might not always be worth it. At Hart Energy’s SUPER DUG, Diamondback Energy, SLB, NOV and others weighed the risk and rewards of drilling three- and four-mile laterals.
Travis Thompson, CEO of FireBird Energy II, said the company has made about 13 acquisitions since its inception in April 2023 and currently has two rigs running.
Natural gas could help meet demand, but a new EPA rule requiring CO2 emissions from power plants to be reduced by 90% could limit fossil fuels’ role.
As coal plants retire in Texas, natural gas will carry more of the Lone Star State’s energy load, said Kristi Hobbs, ERCOT’s vice president for system planning and weatherization.
Wil VanLoh, founder and CEO of Quantum Energy Partners said private companies need to change their mindset on ESG because they’re building a product to sell to public companies — and may be missing out on cost savings.
Phillips 66 said the deal to acquire Pinnacle Midstream was a strategic move to expand its natural gas gathering and processing assets in the Midland Basin.
IPAA Chairman and Elevation Resources CEO Steve Pruett shared insight on industry’s concerns over regulations carried out by an “alphabet soup” of agencies from the Environmental Protection Agency to the Federal Trade Commission.
Joe Foran built the Matador Resources brand from friends-and-family financing into an $8 billion company. Foran, Matador’s chairman and CEO, still sees a long runway for growth in the Delaware Basin.
The energy sector is buzzing with talk of artificial intelligence, and Corva is capitalizing on its ability to synthesize complex data to optimize drilling operations with predictive drilling software.