Chris
Mathews
Hart Energy
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PE Firm Acquires Powder River Basin E&P Northwoods Energy
Private equity firm OneRock Energy is adding over 160,000 net acres in Wyoming’s Powder River Basin with a deal to acquire Northwoods Energy.
Howard: Midstream Investors Say ‘Don’t Tread on ‘MMP’
ONEOK’s purchase of Magellan has irked some stakeholders, so the deal between the titans of Tulsa is not a sure thing.
Hitting the Market Soon: The Entire Federal Helium System
The federal government is starting the process to sell the entire Federal Helium System near Amarillo, Texas, next month. Could a major industrial gas player be a buyer for the legacy assets?
Permitting Reform Gains Momentum
Federal compromise on NEPA legislation has cleared some longstanding ambiguities.
Nabors Launches Second Energy Transition SPAC
Nabors Energy Transition Corp. II intends to raise $300 million with a proposed public blank check company, or SPAC – it’s second of 2023.
LNG Exporting SE Asia Eyes More Imports
The eleven country Southeast Asia region remains a net LNG exporter, but falling reserves are pushing some countries to eye LNG imports, according to Poten & Partners.
Waves of North American Gas Infrastructure Needed for Supplies and LNG
Long-haul pipe coming on this year and next will meet current needs, but a new wave of LNG export terminals will require significant further investment.
Civitas Enters Permian in $4.7B in Deals for Tap Rock, Hibernia
Civitas Resources expands from the Denver-Julesburg in two deals to buy NGP’s Tap Rock, Hibernia in cash and stock deals valued at $4.7 billion.
Pitts: Africa Questions Pace of West’s Energy Transition Push
Africa understands that the energy transition is necessary; the problem is the pace desired by the West.
Anatomy of a Deal: Ring Energy’s Conventional Wisdom
The purchase of Stronghold Energy II allows Ring to keep its focus on mature, conventional assets in the Permian’s Northwest Shelf and Central Basin Platform.
URTeC: One Solution to Orphaned Wells? Consider Adopting
The USGS has documented about 150,000 orphaned wells in the U.S. in need of plugging, but a government scientist wants industry to consider another option: adoption.
Mexico Embracing E-mobility, but Headwinds Persist
Mexico, home to the 10th largest population in the world, is increasingly embracing electromobility but like other countries worldwide will face headwinds in the process.
URTeC: Devon, Hess Emphasize Teamwork to Tackle Emissions
At the opening of the 2023 Unconventional Resources Technology Conference, executives from Devon, Hess and other companies said net zero goals require collaboration.
Family Offices Step Up to Fund Oil, Gas
Insiders say family offices are increasingly willing to take on oil, gas investment risks as returns skyrocket.
Elon Musk: Permitting Holding America Back
The serial entrepreneur covered a wide range of topics, including EVs, the battery supply chain and the need for permitting reforms during the EEI 2023 conference.
Freeport LNG Trains Back on Track After Major Derailment
Freeport LNG’s three trains located at its export facility on Quintana Island off the coast of Texas are back online after a 10-month fire-related shutdown and to the appeasement of clients from France’s TotalEnergies to Japan’s Osaka Gas.
Exclusive: Mesquite Sells Eagle Ford’s Catarina Ranch to Black Mountain O&G
In a transaction likely worth about $300 million, Mesquite Energy made its second divestiture of Eagle Ford assets in a month following a deal with Crescent Energy.
Market Watchers: Global Demand–Not OPEC+’s Latest Cuts–Will Have the Biggest Impact
Dennis Kissler of BOK Financial examines the potential net effect of market manipulation in a Hart Energy exclusive
Can LatAm Really Revert Its LNG Import Mentality?
The Latin America and Caribbean region has the potential—in theory—to revert its dependency on LNG imports amid rising production and bilateral trade.
Earnings Grow, Projects Push Forward…Investors Shrug
Midstream companies continue to post strong earnings combined with steady stock buybacks, yet fears of a gas production slump keep a lid on share prices.
Chord Energy Divests Permian Assets to Private E&P
Chord Energy is selling non-core acreage and wells, primarily in the Central Basin Platform, to private E&P BCP Resources, which is focused on developing and optimizing legacy assets.
Four Questions Looming Over the Energy Transition
There are no easy answers to the conundrum of funding the energy transition.
Water Management in Shale Basins No Waltz
Water management and ESG goals move in tandem across the Permian, Eagle Ford, Bakken and Appalachian regions.
Minister: Latin America Faces Unrealistic Demands from Energy Transition
Stuart Young, Trinidad and Tobago’s minister of energy and energy industries, stressed the need for Latin America and Caribbean energy security in the face of energy transition demands during his June 5 keynote at the Caribbean Sustainable Energy Conference hosted by the twin-island nation’s Energy Chamber.
E&Ps’ Siren Song to Investors: Free Cash Flow
Regaining investor trust–and access to their cash–is on the horizon as the E&P sector returns record profits to investors, a panel of experts said during Hart Energy’s SUPER DUG conference.
TES Americas CEO: Electric Natural Gas Bigger Than Shale
Green molecules and green electrons, such as electric natural gas, present a potential investment opportunity in the U.S. that promises to be three to four times that of the shale revolution, according to TES Americas CEO.
Private Investment Dynamic Holds Crucial Role in Supply, Security, Future
Private equity is coming back to the upstream sector, but is dramatically outweighed by the forecasted market supply needed to prevent a shortfall.
Is Change Overdue for Overtime Wage Law?
Paying well won’t shield companies like Helix Energy that run afoul of the Fair Labor Standards Act.
Rockies Gas Producer PureWest Acquired for $1.84 Billion
A private consortium of family offices and financial institutions acquired ownership of Wyoming natural gas producer PureWest for $1.84 billion.
DNV: Cybersecurity Fears Rise on Hacktivism, Geopolitics
Geopolitical uncertainty, regulatory environment represent drivers of increased investment in cybersecurity in the energy sector, according to a DNV report.