Darren
Barbee
Oil and Gas Investor
Latest
Are Non-Ops the New Alternative Financing for M&A?
Earthstone Energy CEO Robert Anderson talks about teaming up with non-op Northern Oil & Gas to buy Permian Basin operator Novo Oil & Gas—a deal he expects to close next week.
Venezuela’s Burning Through Gas and Cash
Home to the world’s seventh-largest natural gas reserves, the OPEC member has a massive flaring problem which, if resolved, could allow it to monetize its onshore associated gas production.
Occidental, Battelle-led DAC Projects Land Up To $1.2 Billion in Funding From US
The demonstration projects aim to kickstart and advance development of the nation’s first two commercial-scale DAC facilities.
Earthstone Shops Eagle Ford Assets as E&P Eyes South Texas Exit
Earthstone Energy is marketing PDP and undeveloped locations in the Eagle Ford as the E&P streamlines its focus on the Permian Basin.
Plains All American Pipeline to Seek More Bolt-ons After Permian A&D
Plains All American Pipeline increased its EBITDA guidance on strong earnings and emphasized an A&D strategy underpinned by fiscal discipline.
Exclusive Q&A: NOG’s Non-Op M&A Strategy ‘Will Keep Us Very Busy,’ CEO Says
Northern Oil & Gas landed some of its biggest transactions to date in recent months, including several in the Permian Basin. In a Hart Energy exclusive interview, NOG CEO Nick O’Grady and President Adam Dirlam said they see a long runway for the E&P’s non-operated M&A strategy.
Crescent Begins to Shine Bright After Rapid, But Quiet, Growth
Crescent Midstream CEO Jerry Ashcroft is guiding the offshore pipeline player toward carbon-neutral status by year-end.
Hunting Giants: Hamm Reflects on 50 Years of American Energy
Harold Hamm reflects on his life, career and ongoing plans in his newly released book, “Game Changer: Our 50-Year Mission to Secure American Energy Independence.” In a conversation with Oil and Gas Investor, he reflects on exploration, shedding the shackles of a public listing, oil politics, the role of American energy and why he wrote the book.
Honeywell Picks Up the Pace on CCS
Honeywell’s carbon capture and storage technology was selected for Exxon Mobil’s blue hydrogen and CCS project in Baytown, Texas.
EnLink Midstream: Right Place, Right Time, Right Size
CEO Jesse Arenivas takes EnLink Midstream to first-mover status with a pipeline of carbon capture and sequestration projects.
Diamondback Eyes Further Sales After Exceeding $1B Divestiture Target
Permian Basin pure-play Diamondback Energy monetized more midstream assets in the second quarter—part of a broader $1 billion divestiture plan to shed non-core assets that don’t compete for capital and reduce debt.
Foster, McIntyre: The Intersection of Corporate Sustainability, Environmental Justice
More businesses are prioritizing ESG in their corporate strategies, resulting in enterprise durability and value creation.
TotalEnergies’ CEO Patrick Pouyanné Says US Key to LNG Strategy
TotalEnergies SE’s (NYSE: TTE) CEO Patrick Pouyanné said the French company was committed to growing its LNG business and its growing U.S. position, part of the second wave of U.S. LNG projects, is key to that strategy.
Clear as Mud: Tech Enables Reuse of Drilling Mud
R3 Environmental Systems’ process recovers drilling fluid and water from waste generated during drilling operations for use as a direct substitute for virgin drilling fluid in new drilling mud products.
The OGInterview: EnLink at Right Place, Right Time, Right Size [WATCH]
CEO Jesse Arenivas takes EnLink Midstream to first-mover status with a pipeline of carbon capture and sequestration projects.
ESG Strategies: Wood’s Devil in the Details with CCS [WATCH]
Transporting huge volumes of CO2, tracking impurities in the system and managing carbon systems in varied geographies—Wood’s experts on how they plan to make the complicated process work.
CEO Darren Woods: Exxon Mobil Can Produce Lithium at ‘Much Lower Cost’
Exxon Mobil is investing $17 billion in low-carbon businesses like carbon capture, hydrogen and biofuels. But the U.S. supermajor is also considering lithium production, CEO Darren Woods told analysts.
Carbon Capture and Capitalization: Industry Transforms, Tackles the Transition
While progress is being made to achieve net-zero emissions by 2030, there is still much to be done, and the key may lie with carbon capture and storage.
Linde Sees Opportunity as E&Ps Enter Hydrogen Game
With more than 1,000 km of hydrogen pipeline in place and nearly 200 hydrogen refueling stations globally, Linde CEO says the company can scale up, even as big oil companies begin to enter the market.
Encore of the Oil Patch
Underutilized to this point, refracking wells has proved itself effective in boosting oil recovery.
S&P 500: Energy Sector Shows Resilience Despite Rough First Half
The energy sector led the S&P in 2022, but macroeconomic factors have weighed down its performance this year.
As China Dominates, Private Capital Vital for US Critical Minerals
Identifying solutions for the critical minerals challenge is a growing point of discussion as the U.S. works to strengthen its supply chain both domestically and abroad.
Matador Resources Expanding Delaware Basin Midstream Capacity
Matador Resources plans to boost its natural gas processing capacity in the Permian Basin to serve third-party demand and the E&P’s own development plans.
Clean the Frac Up
In an effort to boost sustainability, service providers are making conscious choices to use less diesel fuel.
Venezuela Flares More Gas than Freeport LNG Exports
OPEC’s Venezuela continues to flare over half its natural gas production and burn off more than the output from Houston-based Freeport LNG’s three-train, 15-mtpa export facility, which is about 2.2 Bcf/d, and then some.
Hey Siri, Complete That Well for Me
Technology, trust and a track record could vault remote fracking and completions activities into operators’ workflows.
Robust International Results Lift Oilfield Service Companies
Oilfield service companies SLB, Baker Hughes and Halliburton report solid second quarter results from international operations.
Squeezing Oil from Stone: The Quest to Improve Shale Recovery
Frac design, refrac liner testing and a waterless frac gun are among deep diagnostics in the queue in the quest to recover more oil from shale rock.
Paisie: Oil Price to Zig and Zag Upward
OPEC+ will remain intent on adjusting supply to align with demand.
(Jack) Up, Up and Away!
The market for both jackups and floaters is in a global resurgence with day rates and utilization continuing to climb.