Nissa
Darbonne
Oil and Gas Investor
Election-proof? Shale Likely Unaffected by Presidential Outcome
Under a Trump or Harris administration, shale producer’s focus on shareholder returns and market forces will likely influence E&Ps more than politics, Rystad Energy analysts say.
Gas-fired Power Generation Sets New Records Over Summer: EIA
Hot temperatures and cheap prices continue to increase demand from utilities, spurring the record consumption of natural gas to generate electricity, according to the U.S. Energy Information Administration.
Chevron’s Texas Haynesville May Fetch $1B from Tokyo Gas—Report
Chevron holds more than 70,000 net acres in Panola County, Texas, but had only five Haynesville wells on the acreage at year-end 2023.
Investor Returns Keep Aethon IPO-ready
Haynesville producer Aethon Energy is focused on investor returns, additional bolt-on acquisitions and mainly staying “IPO ready,” the company’s Senior Vice President of Finance said Oct. 3 at Hart Energy’s Energy Capital Conference (ECC) in Dallas.
US Natgas Prices Hold Near 1-week Low Ahead of Hurricane Milton
Lower output and higher demand forecasts offset expectations Hurricane Milton could cause millions of homes and businesses to lose power in Florida later this week.
Chevron, in Hess Holding Pattern, Sells $6.8B in Alaska, Canada
Chevron Corp., waiting to close a $55 billion takeover of Hess Corp., is selling off non-core assets in Canada and Alaska.
Exclusive: Chevron’s Big Worry for the Permian Basin? Infrastructure
Colin Parfitt, the president of midstream for Chevron, said U.S. permitting can be slow and the LNG has only exacerbated concerns about moving Permian gas to Gulf Coast export terminals.
Matterhorn Express Ramps Up Natural Gas Flow
The Matterhorn Express Pipeline flowed 317 MMcf of natural gas to customers on Oct. 1, according to East Daley Analytics.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
The oil and gas rig count fell by two to 585 in the week to Oct. 4.
Sheffield: E&Ps’ Capital Starvation Not All Bad, But M&A Needs Work
Bryan Sheffield, managing partner of Formentera Partners and founder of Parsley Energy, discussed E&P capital, M&A barriers and how longer laterals could spur a “growth mode” at Hart Energy’s Energy Capital Conference.