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Forty Under 40: Travis Hancock, Octagon Energy Partners, EnerVest
Today's featured Forty Under 40 honoree is Travis Hancock, the co-founder and partner of Octagon Energy Partners and the CFO at EnerVest.
Henry Resources' Jim Henry, Permian Basin Wildcatter, Dies at 89
James “Jim” Henry, a longtime Permian Basin wildcatter who last month sold his company to Vital Energy, has passed away.
Forty Under 40: Jacqueline Gerst, Carbonvert
Today's featured Forty Under 40 honoree is Jacqueline Gerst, the vice president of storage at Carbonvert.
Rystad: Easing US Sanctions on Venezuela Could Boost Production
A potential deal between Washington and Caracas to ease sanctions on Venezuela could see the South American country boost production by 200,000 bbl/d—a relative drop in the bucket for world oil markets, Rystad Energy says.
Forty Under 40: Lehne George, Chesapeake Energy
Today's featured Forty Under 40 honoree is Lehne George, the geoscience manager in the Marcellus Business Unit for Chesapeake Energy.
Between a Rock and the Transition: PE Investors Shun Old, New Energy - EIG CEO
R. Blair Thomas, EIG chairman and CEO, says private equity investments have been balkanized as investors steer clear of fossil fuels but balk at energy transition project’s lackluster returns.
Forty Under 40: Sean Fitzgerald, Boomtown Oil
Today's featured Forty Under 40 honoree is Sean Fitzgerald, a partner for Boomtown Oil.
Forty Under 40: Syed Fahim, SLB
Today's featured Forty Under 40 honoree is Syed Fahim, the global ESG lead at SLB.
Forty Under 40: Zach Davis, Cheniere Energy
Today's featured Forty Under 40 honoree is Zach Davis, the vice president and CFO at Cheniere Energy.
Forty Under 40: Jeff Cook, Continental Resources
Today's featured Forty Under 40 honoree is Jeff Cook, the vice president of exploration at Continental Resources.
Forty Under 40: Matthew B. Autry, Valor
Today's featured Forty Under 40 honoree is Matthew Autry, the president of oil and gas for Valor.
Digital Pipeline: XCL Resources Harnesses Excess Gas for Bitcoin Mining
In areas with limited takeaway capacity like the Uinta Basin, using natural gas to power bitcoin mining can prevent operators from having to shut in production.
Forty Under 40: Jillian Boldin (VanZelfden), DT Midstream
Today's featured Forty Under 40 honoree is Jillian Boldin (VanZelfden), the director of marketing and optimization for DT Midstream.
Forty Under 40: Bailey Donovan Allen, ChampionX
Today's featured Forty Under 40 honoree is Bailey Donovan Allen, the vice President of strategic marketing for chemical technologies at ChampionX.
ATCE: Energy Addition, Not Transition, Most Likely Scenario
Recruiting new talent requires improving the oil and gas industry’s image panelists at the Society of Petroleum Engineers’ (SPE) Annual Technical Conference and Exhibition said on Oct. 16.
Forty Under 40: Shelly Albrecht, Avant Natural Resources
Today's featured Forty Under 40 honoree is Shelly Albrecht, the vice president of land for Avant Natural Resources.
$60B Pioneer Deal ‘Completely Different’ from XTO Takeover
Exxon Mobil’s $59.5 billion acquisition of Pioneer Natural Resources will cement the supermajor as the unconventional oil and gas leader. But executives acknowledge the company was late to the unconventional party more than a decade ago.
Where Old Meets New: Energy Transition Projects Collide with Oil, Gas Law
Modern laws created to deal with the energy transition balance on the line between historical oil and gas law principles and new territory.
Analysts Mildly Skeptical of Exxon’s Expected Free Cash Flow Boost from Pioneer Deal
During and after a conference call about the Pioneer acquisition, Exxon Mobil’s claim of a $6 billion free cash flow increase received light pushback as analysts expressed some skepticism.
Exxon Bringing Longer Laterals, New Tech to Pioneer Acreage
With a $60 billion acquisition of Pioneer Natural Resources, Exxon plans to deploy its fine-tuned Delaware Basin drilling strategy into the heart of the Midland Basin, executives say.
Let the Good Times Roll: Signs Indicate Beginning of Upcycle
Pickering forecasts oil around $80/bbl through 2027 and calls $75/bbl-$90/bbl the current sweet spot for pricing.
Shell Aims to ‘Decarbonize Profitably,’ Its New Energies US CEO Says
Energy companies such as Shell are under pressure to provide affordable energy and lower emissions while increasing shareholder returns.
Exclusive: PE Firm’s Fourth Non-op Fund Targets Permian
Private equity firm North Hudson Resource Partners’ new fund will target additional non-operated oil and gas acquisitions in the Permian and other basins.
Alliances Bringing Australia’s Beetaloo to Life
Tamboran Resources with help from APA Corp. and Helmerich & Payne is advancing its goal of producing 1.5 Bcf/d by 2035 from the Australian shale play.
Exxon Juggles the Energy Transition Imperative: More Power, Fewer Emissions
Vijay Swarup, senior director for climate strategy and technology at Exxon Mobil, said existing technologies have had decades to develop while newer emissions advances are just starting to deploy.
Analysts: Civitas Digs Deeper into Permian with $2.1B Vencer Deal
With the acquisition, Permian output will account for half of Civitas Resources’ total production after the E&P scooped up Midland Basin E&P Vencer Energy, analysts say.
Suncor Acquiring TotalEnergies’ Remaining Canada Operations for US$1.1B
TotalEnergies is exiting the Canadian oil sands with the closing of its 50% interest in the Surmont oil sands sale to ConocoPhillips and the divestment of its remaining upstream Canadian assets to Suncor Energy.
As Private Equity Funds Shrink, Strategies Shift to Mirror Publics
Private equity firms are seeking to make money through the drill bit and by buying noncore assets that large companies are shedding, while family offices are starting to make more aggressive moves.
Entry Level: Energy Companies Cautiously Deploy Generative AI
Assistants and chat bots are likely to be early generative AI technology entries into the industry.
ECC 2023: Shale Investors Won’t Ever Reward Production Growth Again
During the shale boom, analysts and investors used to reward E&Ps for more production. Now, shareholders prefer more cash returns in their pockets—and experts don’t see that changing anytime soon.