Chris
Mathews
Hart Energy
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ONEOK to Acquire Magellan Midstream Partners for $18.8 Billion
ONEOK Inc. and Magellan Midstream Partners LP are merging in a cash-and-stock deal to create a Tulsa, Oklahoma-based midstream giant with a combined 25,000 miles of liquids-oriented pipelines.
EPA Focuses on Oil, Gas Producers’ Emissions, Raises Spill Penalties
The U.S. Environmental Protection Agency continues to lay down the law on oil and gas emissions and raise penalties for failure to have adequate spill control measures.
Asian Companies Keen on US Gas Supply and LNG
Energy security concern is largely the reason behind Asian producers’ interest in developing energy assets in U.S. shale.
Pioneer’s Rich Dealy on M&A and the End of ‘Free Money’
“I think that these higher [interest] rates are going to lead to more equity [deals] from the smaller companies,” the Pioneer Natural Resources president and COO Rich Dealy said in an exclusive interview.
Santa Rita: The Centenarian Well that Put the Permian On the Map
The Midland Basin's Santa Rita was the oil well that should’ve been impossible, and sets the stage for the basin’s humble beginnings.
Poten Execs Talk Driftwood’s Customer Problem, Permian Gas for Asia
The proposed 27.6 mtpa Driftwood LNG LLC project has one fundamental problem: a lack of customers, according to Poten & Partners senior adviser Gordon Shearer, who also highlighted the potential for Permian gas to reach Asia via Mexico.
OTC: African Investment and the West’s Energy Transition ‘Double Standard’
An all-African panel at OTC in Houston talked about what Africa needed to do to attract investors, why Africa would transition at its pace and double standards with Africa’s development path compared to other countries.
Analysts: Callon’s $1.1 Billion A&D Aids Debt Reduction, Investor Returns
Callon’s exit from the Eagle Ford Shale will refocus the E&P as a Permian pure-play and should help reduce debt and return capital to investors, analysts say.
Like It or Not, Deepwater Oil and Gas Holds the Key to Energy Transition
Developments in deepwater oil and gas play a critical role in the quest to transition to cleaner energy.
Upgrading Rules and Standards to Bolster the Energy Transition
To have a successful energy transition and deliver succinct, clear and achievable regulations, policymakers must lend an ear to the industry experts.
Diamondback Closes Permian Divestitures, Eyes More Midstream Sales
Diamondback Energy plans to sell off $1 billion in non-core assets by the end of 2023, including interests in long-haul pipelines and gathering and processing systems.
Could Geothermal Be the Next Drilling Boom?
Some experts say geothermal energy could follow a path similar to the unconventional oil and gas revolution.
Will ConocoPhillips Play Spoiler to Suncor’s $4B TotalEnergies Deal?
ConocoPhillips is “carefully” reviewing its first refusal rights in Surmont right of refusal to buy out partner TotalEnergies’ Surmont project as Suncor looks to buy TotalEnergies EP Canada for $4 billion.
Midstream, Investors Dive into the Business of CCS Tax Credits
Midstream companies are attempting to wrap new CCS business models around their existing organizations to take advantage of lucrative tax incentives created by the Inflation Reduction Act.
Enverus: Eagle Ford Upstream Deal Activity Soars in Q1
E&Ps continue to look at the Permian Basin for undeveloped acreage, but deal activity in the Eagle Ford Shale surged in the first quarter as buyers searched for producing assets.
Q&A: Eurasia’s Raad Alkadiri Talks US LNG Risks, Geopolitical Issues
Eurasia Group’s managing director Raad Alkadiri spoke with Hart Energy about the Russia-Ukraine war, the Harry Potter world of energy and Qatar and the U.S.’ plans to supply Europe and Asia with more LNG.
Molecular Transformation: Exxon Mobil Tackles the Energy Transition
CEO Darren Woods discusses Exxon Mobil’s expansion plans in the Lower 48 and managing the energy transition in Hart Energy’s The OGInterview.
Exclusive: Scott Sheffield Offers Peek Behind the Permian’s M&A Curtain
In an interview with Hart Energy, Pioneer CEO Scott Sheffield and his newly announced successor Richard Dealy discussed the future of the Permian Basin and the E&Ps own M&A strategy.
Matador Resources Prioritizes Reducing Debt After $1.6B Acquisition
Matador expects a boost in production from its $1.6 billion Permian Basin acquisition and touts new “horseshoe” wells as first-quarter results came in above expectations
Hydrogen? Sure—Just Don’t Mention a Carbon Tax
At the BNEF Summit in New York, panelists gabbed about hydrogen—and whispered about a carbon tax.
Private Equity Returns to Oil and Gas Industry
As private equity firms return to upstream oil and gas, firms might raise up to $15 billion for oil and gas upstream, but the industry could use up to $25 billion, experts said.
Oil, Gas Companies Face Shareholder Reckoning this Spring
Shareholder proposals targeting top producers demand board, climate accountability.
Public Mineral, Royalty Players Eye M&A After Record 2022
After a record year for oil and gas mineral and royalty deals in 2022, public consolidators are still searching for scale through M&A, experts say.
Brazos Midstream Bets on the Permian’s Prowess
Brazos Midstream leadership reckons there will come a time where entering the public sphere makes sense, but for now, Brazos’ strategy reaps the rewards of private perspective.
Permian Paradox: Patterson CEO Says Fewer Rigs Demand More Workers
Patterson-UTI CEO Andy Hendricks said the Lower 48’s hottest play has tapped out the local workforce, requiring the drilling company to bring employees into the Permian Basin.
Think Decarbonization Has Been Derailed? Go Fly a Kite
With Russia's war in Ukraine comes the hard lesson that energy security begins at home—and that begins with decarbonization.
Shining a Light on Downhole Completions
Optimal well spacing and solving downhole issues depends on complete data, extensive collaboration — and fiber optics.
Why Investing in Clean and Efficient Energy Production is a Boon for Oil and Gas
U.S. energy demand is increasing as rising inflation and geopolitical turmoil demonstrate the importance of diversified and domestic business investments and prioritizing long term and short term sustainability goals.
Sitio CEO Seeks More Mineral, Royalty M&A: ‘We’re Still Too Small’
After growing into one of the nation’s largest public mineral and royalty companies last year through a $4.8 billion merger with Brigham Minerals, Sitio is searching for more deals, primarily in the Permian Basin.
Will There Be a Run in Crude Prices Later This Year?
Crude and fuel prices have the potential for another late 2023-2024 run in prices, as production and refining capacity lag.