Chris
Mathews
Hart Energy
Latest
After Record Year, Permian Basin Set for Even More M&A in 2024
The big have grown bigger and Tier 1 acreage is even pricier in America’s hottest oil basin.
Shale Outlook: The World Calls on US LNG. Can the Haynesville Answer?
Booming production and proximity to Gulf Coast export terminals weigh in the play’s favor.
Shale Outlook: Scarce Inventory to Drive Upstream M&A in ‘24
Permian Basin well productivity has trended down. Top-tier drilling locations are scarce. Capital is at a premium. E&Ps need low-cost inventory and scale, and they’re willing to pay big bucks to get them.
Letter From the Editor: Cause for Consolidation
Shareholder demands for capital discipline and market resistance to its allure are forcing U.S. oil and gas companies to find an alternative growth strategy: consolidation.
US Releases Proposed Route to Hydrogen Production Tax Credit
The U.S. Treasury Department's proposed rules aim to help jumpstart the hydrogen market in the U.S., but some say the proposal lacks flexibility.
‘A Single Source of Truth:’ Rethinking Data Systems
Starting from the desired outcome, or right to left thinking, drives the lifecycle information management approach for planning data strategies that achieve specific goals.
Warm Winters and the Freezing of Natural Gas Prices
Analysts break down how the cost of gas fell in 2023 and where it may go in 2024.
Fury Road: Will $450MM Battalion M&A Fuel More Go-private Deals?
Delaware Basin E&P Battalion Oil is being acquired in a go-private transaction by a newly formed E&P Fury Resources. Could go-private sales become more common for small E&Ps with limited runway in the public markets?
Dallas Fed Survey: More M&A? Sure, but 2024 Remains Uncertain
As 2024 approaches, how E&Ps are planning out operations depends largely on the size of the company, an economist said.
As Shale Runs Dry, EOR Companies Respond with Solutions
Shale Ingenuity and Titan Oil Recovery’s chemical EOR methods, while different, provide a sustainable way to produce more oil in mature basins.
Analysis: Will $2.7B Tokyo Gas-Rockcliff Deal Reopen Natgas M&A?
The Lower 48 has seen a whirlwind of oil and gas M&A this year, including a historic volume of transactions across the Permian Basin. After Tokyo Gas Co.’s $2.7 billion bid to acquire Haynesville E&P Rockcliff Energy II, could the window for natural gas deals be reopening?
Analysts: Permian Basin Rigs Plummeted on Record Upstream M&A
A land grab for top-quality drilling locations fueled record Permian Basin M&A activity in 2023. To preserve inventory, E&Ps are radically slashing drilling activity on their new assets, East Daley Analytics reports.
Five Finance Issues to Watch in 2024
Besides consolidation, high yield bond debt refinancing and fossil fuel divestment legislation in California should be on your radar.
The Great Lithium Rush: Oil and Gas Companies Turn Prospectors
Traditional oil, gas and wastewater players join chemical manufacturers and North American lithium pure-play companies to lift production of the critical material.
Consolidation Seen as Only Major Change on E&P Finance Radar for 2024
Industry experts expect E&Ps to stick with tried and true capital discipline with lighter hedging and more credit financing.
Analysts: Volatility In Energy Business Is the New Normal
The East Daley Analytics webinar ‘Dirty Little Secrets’ forecasts instability over the mid-term as major changes come to most sectors of the oil and gas industry.
Excelling Past Spreadsheets: Validere’s Solution for More Efficient Emissions Detection
Validere’s Carbon Hub emissions management software looks to push the industry past Microsoft Excel spreadsheets and into the world of machine learning.
Production Technology: All’s Well That Ends Well
The industry has continually raised the bar for semisubmersibles, well intervention and artificial lift.
Permian 2.0? The Case for Argentina’s Vaca Muerta
Argentina’s Neuquén Province Energy Minister Alejandro Rodrigo Monteiro spoke with Hart Energy’s International Managing Editor Pietro D. Pitts in an exit interview about the importance of the Vaca Muerta and how the South American country is building a strong case for the play to be referred to as the Permian 2.0.
US LNG: A Growing Market Presence
Rising hydrocarbon production has allowed the U.S. to join the world’s leading energy exporters. Robust natural gas production will allow it to stay there.
Turn Down Service: AICDs Restricting Unwanted Fluids
Autonomous inflow control devices have evolved from a simple on-off switch to reservoir management tools.
Private Equity Exits Hit Five-year High with Occidental Deal for CrownRock
By value, Occidental Petroleum’s Dec. 11 deal for CrownRock, combined with other private-equity exits, totaled about $30 billion in 2023.
Which Occidental Assets Will Hit Chopping Block After $12B CrownRock Deal?
After weeks of market speculation, Occidental announced plans to acquire private E&P CrownRock LP for $12 billion, adding core Midland Basin inventory and more upside from deeper zones underground.
Finance Evolution: Of Price and Oilmen
Financing the energy industry continues to evolve with market growth and transformation, resource development and innovation.
Achieving Energy Self-Sufficiency: Argentina’s Game Changing Vaca Muerta
Argentina’s Vaca Muerta or “dead cow” shale formation represents a game-changing opportunity to convert the South American country into a major exporter of piped-gas and oil to the Southern Cone region as well as oil and LNG to world markets.
Looking Back at the Frac
It took a lot of trial and error over the decades to make hydraulic fracturing an overnight success.
Bit by Bit, Drilling Tech Has Evolved
The future of drilling tech is faster and more efficient, experts say.
Column: All the Pretty Oil & Gas
The beauty of the oil and gas field is well known by more than a century of wildcatters and oilfield-service professionals. Hart Energy shared it with the world, beginning in 1981.
Virtual Looking Glass: Collaboration Speeding Evaluations with Digital Twins
Integrating digitized rock information with lab data is helping inform decisions in completions, EOR, carbon capture and storage, geothermal and other areas.
Seismic Evolution: Making Waves
More and better data, coupled with ever-increasing computing power, have revolutionized seismic processing.