Chris
Mathews
Hart Energy
U.S. Energy Development Corp. Plans $750MM Permian-heavy Program
Fort Worth, Texas-based U.S. Energy Development Corp. continues to add to its operated footprint in the Permian’s Delaware Basin.
Canadian Teamsters Hold Second Vote on Railway Strike
The union approved for the strike to start May 21, but faced a delay due to a government safety review.
Watching the Uinta: XCL Petitions the FTC to Approve Altamont Acquisition
XCL Resources' petition was required under a prior agreement EnCap Energy Capital Fund XI struck with the FTC in 2022, which required the private equity group to sell off EP Energy’s Utah oil business.
Private Oil Producers Dwindle Amid Consolidation in New Top Operators List
According to a compilation by Enverus in an exclusive partnership with Oil and Gas Investor, the list of the top 20 private oil producers has been reshaped following a period of massive M&A.
IEA: EV Growth Could Displace Up to 12 MMbbl/d by 2035
The Paris-based IEA says up to 12 MMbbl/d of oil demand could be displaced by 2035 due to the rapid uptick in electric vehicle usage globally—especially in the U.S., EU and China.
Hirs: What Regulators Get Wrong—Energy Networks Are Tough To Control
Energy professionals depend upon interconnected markets and often profit from arbitrage opportunities long before market participants and regulators can effectively address them.
What's Affecting Oil Prices This Week? (June 24, 2024)
Stratas Advisors expect that oil prices will be under pressure during the upcoming week, in part because of economic and political uncertainty.
Oil Prices Ease on Strong Dollar, Mixed Global Economic News
Crude prices declined despite signs of improving U.S. oil demand and falling fuel inventories that helped boost crude prices to a seven-week high a day earlier.
US Drillers Cut Oil, Gas Rigs to Jan 2022 Low for Third Week
The oil and gas rig count fell by two to 588 in the week to June 21. Baker Hughes said that puts the total rig count down 94, or 14% below this time last year.
From South Texas to the World: International E&Ps Drill Deep in the Eagle Ford
While U.S. E&Ps squabble for pieces of the Permian Basin, international energy giants are all-in on the Eagle Ford Shale in South Texas.