Exxon and Chevron and Guyana and Venezuela—‘Let’s Make A Deal’ meets ‘Love, South American Style.’
The consensus is that the Permian Basin needs another major gas pipeline soon. Midstream companies are trying to figure out when … and who will make the move.
The midstream M&A market typically follows the E&P sector by a few months. But some aspects of the market are different this time around.
Disappointing economic news has contributed to a drop in oil prices.
BPX CEO Kyle Koontz delves into development plans in the Permian, Eagle Ford and Haynesville.
Exxon Mobil, Hess and CNOOC are prepared to pump as much as $105 billion into the vast potential of the Stabroek Block.
Hydrogen players Chevron Corp., Mitsubishi Power and Exxon Mobil are working to find buyers and pursue incentives to move projects forward.
CEO Kyle Koontz takes the reins of BPX Energy’s rapid onshore growth amid big changes at BP.
Tamboran Resources has put together the largest shale-gas leasehold in Australia’s Beetaloo Basin, with plans for a 1.5+ Bcf/d play. Behind its move now to manufacturing mode are American geologists and E&P-builders, a longtime Australian wildcatter, a U.S. shale-rig operator and a U.S. shale pressure-pumper.
As more private oil producers are gobbled up by giant publics, the gas players are moving up the ranks of the top operators, according to a compiled list by Enverus in an exclusive partnership with Oil and Gas Investor.
A relatively new type of financing has emerged for E&Ps—PDP asset-based securitization.
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.
Producers contend with roiled capital markets as consolidation alters the strategic landscape.
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.
Energy professionals depend upon interconnected markets and often profit from arbitrage opportunities long before market participants and regulators can effectively address them.
Public-private M&A brings new players to top slots in private operators list.
Is artificial intelligence humanity’s power-hungry new friend?
States and the EU have introduced nascent carbon pricing schemes with taxes, tax benefits and offsets. It isn’t unreasonable to assume that carbon pricing will become increasingly tangible.
The operator plans to experiment where it has Harkey Mills sandstone in the Delaware Basin by landing three wells in it while making 51 Wolfcamp wells.
U.S. refineries drink in heavy crude, but domestic politics are always a hurdle.
Meanwhile, gas-weighted players are benefitting from solid hedge books planned ahead of price uncertainty.
Electricity demand needs reliable natural gas to function as coal capacity is retired and less reliable renewables take a greater share of the power supply stack.
The murky overlap between securities laws and oil and gas interests could land individuals and companies on the wrong side of a securities-related investigation.
Regional banks are picking up market share and rallying the U.S. upstream sector.
Vital Energy’s 20-well unit in southwestern Glasscock County, Texas, is producing some 18,000 bbl/d from some 300,000 feet of horizontal hole — the equivalent of more than two marathons.
Bayswater Exploration & Production has taken its Midland Basin oil play far east into Mitchell County where a high carbonate content “gives us a chance to really compete with the big guys.”
If hurricane predictions are correct, oil and gas fortunes could be in hot water.
Supply and demand dynamics overtake geopolitical instability from the Middle East to Ukraine in influencing oil prices.
Looking forward, while supply disruptions remain a possibility, the energy market’s nervousness is easing.
As a state known for its hydrocarbons, Texas is also cementing its position in the renewable sphere, and companies are beginning to take notice.