The PE-Backed E&P, v.2019
Public E&P investors are insisting that operators produce returns, so private-equity-backed E&Ps wanting to sell to a public E&P are working to do the same. One said, “It all rolls downhill.”
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The author of The American Shales, Darbonne has been a journalist since 1984, beginning in the oil and gas fields of South Louisiana. She writes for Oil and Gas Investor and is actively involved in Hart's conference agendas. Prior to joining Hart in 1998, she was the business editor for The Daily Advertiser (Lafayette, La.) and a correspondent for The Morning Advocate (Baton Rouge). She received her BA in English and journalism from the University of Southwestern Louisiana, now known as the University of Louisiana at Lafayette.
Public E&P investors are insisting that operators produce returns, so private-equity-backed E&Ps wanting to sell to a public E&P are working to do the same. One said, “It all rolls downhill.”
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The career oil and gas man has put his money on U.S. natural gas via Comstock Resources Inc. and the Haynesville Shale.
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North Dakota’s production is setting new records, far exceeding the 2014 high. Bigger production volumes are coming from increasingly rubble-izing the rock.
There is a significant amount of gas on the Texas side and it’s thicker than the Louisiana core, according to Rockcliff Energy’s CEO Alan Smith at DUG Haynesville.
Drillinginfo’s Bernadette Johnson said growth in power demand is “not dramatic” during Hart Energy’s DUG Haynesville in Shreveport, La.
Executive Oil Conference panel said Permian Basin producers know the rock; the surface issues are the basin’s greatest hurdles.
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