Kimmeridge Activates on SilverBow: A Battle for South Texas Gas
Investment firm Kimmeridge is looking for more natural gas production for its own E&P to participate in the Gulf Coast LNG market. SilverBow Resources has gas.
March 1, 2024
Buffett: ‘No Interest’ in Occidental Takeover, Praises 'Hallelujah!' Shale
Berkshire Hathaway’s Warren Buffett added that the U.S. electric power situation is “ominous.”
February 27, 2024
The One Where EOG’s Stock Tanked
A rare earnings miss pushed the wildcatter’s stock down as much as 6%, while larger and smaller peers’ share prices were mostly unchanged. One analyst asked if EOG is like Narcissus.
February 23, 2024
Vital Energy's ‘Wildly Successful’ 2023 ‘Small Ball’ M&A Now in ‘Moneyball’ Mode
The operator added big runs in $1.6 billion of 2023 deals. Now Vital is looking to make more out of its hits via geology and geophysics, including steals “for free.” Still, it might pick up big consolidators’ cast-offs.
February 23, 2024
To Dawson: EOG, SM Energy, More Aim to Push Midland Heat Map North
SM Energy joined Birch Operations, EOG Resources and Callon Petroleum in applying the newest D&C intel to areas north of Midland and Martin counties.
February 22, 2024
Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs
The operator is dropping two of five rigs in its legacy East Texas and northwestern Louisiana play and continuing two north of Houston.
February 15, 2024
Darbonne: ESG, ‘Oh So 2022,’ Reduced to Table Stakes?
ESG champion BlackRock is paring, while Exxon Mobil’s growing. Today, ESG is just table stakes.
February 11, 2024
Veriten’s Arjun Murti: Oil, Gas Prospectors Need to Step Up—Again
Arjun Murti, a partner in investment and advisory firm Veriten, says U.S. shale provided 90% of global supply growth—but the industry needs to reinvent itself, again.
February 8, 2024
Aethon’s Far Western Haynesville: Three Wells, 17.5 Bcf and Still Roaring
Aethon’s wells show no signs of flatlining—and neither are Comstock Resources’ tests, one of which has already reached nearly 50% of its previously estimated EUR.
February 5, 2024
Commentary: Are Renewable Incentives Degrading Powergen Reliability?
A Vistra Corp. chief, ERCOT’s vice chairman and a private investor talk about what’s really happening on the U.S. grid, and it’s not just a Texas thing.
February 1, 2024