Chris
Mathews
Hart Energy
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.
Supreme Court’s Uinta Basin Rail Case Raises Stakes for LNG, Pipelines
The lawsuit, involving crude transport via railway in the Uinta Basin, is part of a larger intragovernmental fight that could have implications for how FERC decides pipeline and LNG plant permitting.
BPX Expands Its US Shale Game
BPX CEO Kyle Koontz delves into development plans in the Permian, Eagle Ford and Haynesville.
Offshore Guyana: ‘The Place to Spend Money’
Exxon Mobil, Hess and CNOOC are prepared to pump as much as $105 billion into the vast potential of the Stabroek Block.
Oil Slips as Concerns Over Hurricane Damage Ease
Though Beryl hit a key U.S. oil-producing hub in Texas, the hurricane caused less damage than markets had expected.
Oil Companies in Texas Restoring Operations Following Hurricane Beryl
Beryl's impact on oil and gas production is expected to be minor.
D-J’s Elevation Midstream, ARB Midstream Subsidiary to Merge
Elevation Midstream and Platte River Holdings, a subsidiary of ARB Midstream, are merging to create a D-J Basin midstream company of scale.
Beryl Makes Landfall East of U.S.’ Largest Energy Export Gateway Corpus Christi
Tropical storm Beryl made landfall in Texas as a Category 1. Life-threatening storm surges are expected to continue along the coast of Texas from Port O’Connor to Sabine Pass, including the eastern portion of Matagorda Bay and Galveston Bay, according to the National Hurricane Center.
What's Affecting Oil Prices This Week? (July 8, 2024)
During third-quarter 2024, Stratas Advisors are forecasting that the price of Brent crude will average $87.90 and the price of WTI will average $82.37.
Oil, Gas Industry Braces for Storm After Beryl Shifts Toward Houston
Chevron and Shell have evacuated offshore platforms as Tropical Storm Beryl could grow into a Category 2 hurricane when it makes landfall in the Houston area on July 8.