Jennifer
Pallanich
Hart Energy
BP Praises Biden Climate Law While Expanding US Shale
The British company’s U.S. boss Dave Lawler says Biden’s Inflation Reduction Act has put the oil major’s green plans on “steroids.”
E-Frac ‘Better at Being a Neighbor’ than Traditional Systems
Changing capital cost models make e-frac systems within reach for more operators, according to Baker Hughes’ Steve Goldstein.
Permian Gas Production Set to Rise 41% by 2030, Rystad Says
Gas production from the Permian Basin has already surpassed pre-pandemic highs and is slated to rise 41% by 2030 compared to current levels, according to Rystad Energy data.
Diamondback Flexes Equity Muscles in $3.3 Billion Lario, FireBird Deals
Diamondback, Marathon Oil and Devon have dominated second-half M&A thanks to higher EBITDA multiples and yields than smaller E&P competitors can offer.
Exclusive: Oxy’s Babatunde Cole Discusses Permian Basin Strategy [WATCH]
Babatunde Cole, the president and general manager of Occidental Petroleum’s Delaware Basin business unit, spoke to Hart Energy about how the Permian Basin fits within Oxy’s sustainable goals.
Diamondback Energy to Acquire Lario Permian for $1.55 Billion
The acquisition of Lario Permian follows Diamondback Energy’s agreement to acquire FireBird Energy in the Midland Basin last month.
Exclusive: Diamondback’s Execution Machine and the Mythical Generalist Investor [WATCH]
Diamondback Energy’s president and CFO, Kaes Van’t Hof, spoke to Hart Energy about the return of the “mythical generalist investor” plus what’s next for the Permian company after closing its recent $1.6 billion acquisition.
Diamondback CFO: Regulations May Ultimately Help the Industry
While uncertainty remains around the expected regulations resulting from the surprise EPA drop, “our shareholders demand we do better than the regulations anyway,” Diamondback Energy CFO Kaes Van’t Hof told attendees of Hart Energy’s Executive Oil Conference.
YPF Eyes Ambitious Capex Plan Driven by Vaca Muerta Operations
YPF, which set up a $4 billion capex plan for 2022, is still working on next year’s budget, CFO Alejandro Lew told investors on a call to discuss third-quarter results
Here’s What Else EOG Will Say About the ‘New’ Utica
EOG Resources’ new Ohio Utica position is “almost reminiscent of what we saw nearly a decade ago happening in the Delaware Basin,” said CEO Ezra Yacob.