Shale Inventory is Limited, Investors ‘Freaking Out’
As U.S. shale inventory matures, industry experts have opposing views on what will happen next. Nick O’Grady, CEO of Northern Oil & Gas, said next moves are ‘challenging.’
October 4, 2023
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.
October 3, 2023
Oil, Gas Private Equity Funds May Escape New SEC Transparency Rules
A new batch of SEC reporting and transparency requirements “scares the hell out” out of private equity funds, but an 83-year-old exemption may mean oil and gas funds are off the hook.
October 2, 2023
E&Ps’ Rich Cash Flows Obscuring Critically Needed Capex Investment
Analysts said some measures show capex spending might be significantly underfunded and that “critical amounts of investment” are needed.
September 29, 2023
HighPeak Energy Refinances $1.2 Billion Debt
HighPeak refined the debt after the company in January said it would explore “certain strategic alternatives to maximize shareholder value” up to and including a sale.
September 15, 2023
EIA Hikes Oil Price Forecast in Wake of OPEC Cuts
The extension of OPEC+ and Saudi Arabia production cuts are predicted to make oil and gasoline more expensive.
September 13, 2023
Carrots and Sticks: IRA Poised to be Boon or Bane to Energy Industry
Experts at Hart Energy’s Carbon & ESG Strategies Conference detailed the huge significance of the IRA’s tax policy that create something of a new market for selling tax credits.
September 6, 2023
Standardization Needed to Sell Carbon Credits at Scale, Experts Say
Carbon futures dashboards are emerging in Europe as buyers worldwide are said to be eager to buy carbon credits as commodities.
September 1, 2023
Want To See A Texas Oil And Gas Boom? Look At The Jobs.
Texas oil and gas employment had made large gains and wages are up 22% from first-quarter 2022.
August 29, 2023
E&P Reinvestment Rates Predicted to Drop, Rystad Says
Rystad believes the reinvestment rate—the ratio of capex and cash flow from operations—is in decline from a high of 72% reached in the second quarter.
August 29, 2023