Colin Watson, vice president of energy finance at the Bank of Texas in Dallas, discussed the current emphasis E&Ps have on maintaining liquidity in the current first-lien, low oil price environment. Companies sometimes are buying assets aggressively at cheaper values, but capital spending must remain within cash flow. Watson was interviewed at the recent NAPE Summit in Houston.
Recommended Reading
Poten: North American LNG Projects to Double Capacity by 2027
2024-09-27 - Nine North American LNG export projects under construction will add an estimated 98.6 mtpa of capacity by the end of 2027, with 6 of them located in the U.S., according to Poten & Partners.
Woodside on the Prowl for Driftwood Partners, Gas Suppliers
2024-09-26 - Australian natural gas and LNG exporter Woodside Energy, which recently agreed to acquire Tellurian in a deal valued at $1.2 billion, isn’t yet looking to develop an upstream U.S. onshore position to secure gas for Driftwood LNG.
EIA: Natural Gas Storage Report (Nearly) Meets Market Expectations
2024-09-26 - Natural gas prices held steady on Sept. 26 after rallying through most of the month.
Saudi Signals Willingness to Weaken Oil Prices, Defend Market Share
2024-09-26 - Analysts caution that reports of Saudi Arabia abandoning a philosophy of supporting prices in favor of defending market share could be a move to get OPEC+ members in line rather than to launch a costly oil war with the U.S., among others.
Pemex Reduces Fuel Thefts as US-Mexico Energy Trade Value Dips
2024-07-15 - Mexico, the largest export market for U.S. petroleum products, expects to lessen its foreign fuel dependence as its builds a new $16 billion refinery.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.