Hart Energy's Oil and Gas Investor, July 2024 cover: The Santa Rita #1 well is emblematic of the early glory of Permian Basin wildcatters. Image courtesy Briscoe Center for American History, University of Texas at Austin.

Oil and Gas Investor Magazine - July 2024

Oil and Gas Investor presents the fourth and final installment in a series analyzing the changing landscape of the Permian Basin, Permian Plays - Rebuilding the Most Prolific Paradigm in the U.S. In It's all Relative: Family Oil Companies Attract Huge M&A Attention, Senior Editor, Shale/A&D Chris Mathews explores the history of some of the Permian's most prolific family companies and what role the descendants of wildcatters play in a sector increasingly dominated by scale.

Additionally, in this month's OGInterview, Editorial Director Jordan Blum talks with BPX's CEO Kyle Koontz about where the company stands amidst big changes at parent company BP. Also in this issue, the annual collaboration with Enverus analyzing of the top 100 private producers in the U.S. explores the changes left behind after a year of heave consolidation.

OGI Special Report: Permian Plays - Rebuilding the Most Prolific Paradigm in the U.S.

It's All Relative: Family Oil Companies Attract Huge M&A Attention
What role do firms controlled by descendants of the original Permian wildcatters play in a sector increasingly dominated by scale?

OGInterview

Rise of a Shale Man
Kyle Koontz takes the reins of BPX's rapid onshore growth amid big changes at BP.

Special Section: Top 100 Private E&Ps

The Private Producer Shuffle
A wave of M&A has lifted new names into the rankings of the 100 top operators.

Exploration & Production

Beetaloo Juice - US Shale Explores Down Under
Tamboran Resources has put together the largest shale gas leasehold in Australia’s Beetaloo Basin, with plans for a 1.5+ Bcf/d play. Behind its move now to manufacturing mode are American geologists and E&P builders, a longtime Australian wildcatter, a U.S. shale rig operator and a U.S. shale pressure pumper.

Cover Story

It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

Feature

BPX’s Koontz: The Rise of a Shale Man

CEO Kyle Koontz takes the reins of BPX Energy’s rapid onshore growth amid big changes at BP.

Offshore Guyana: ‘The Place to Spend Money’

Exxon Mobil, Hess and CNOOC are prepared to pump as much as $105 billion into the vast potential of the Stabroek Block.

A&D Watch

Gas Producers Increasingly Dominating in New Shale Top Operators List

As more private oil producers are gobbled up by giant publics, the gas players are moving up the ranks of the top operators, according to a compiled list by Enverus in an exclusive partnership with Oil and Gas Investor.

Industry Consolidation Reshapes List of Top 100 Private Producers in the Lower 48

Public-private M&A brings new players to top slots in private operators list.

Private Oil Producers Dwindle Amid Consolidation in New Top Operators List

According to a compilation by Enverus in an exclusive partnership with Oil and Gas Investor, the list of the top 20 private oil producers has been reshaped following a period of massive M&A. 

At Closing

Darbonne: The Tesla, the Airport, a Scandal and a Swimming Pool

The summer of 2024 won’t be powered by an EV. And it won’t be in the Anthropocene epoch.

Capital Formations

Private E&Ps Pursue Dollars Amid Change

Producers contend with roiled capital markets as consolidation alters the strategic landscape.

Energy Transition

Chevron, Exxon Among Players Getting to FID, Locking in Hydrogen Offtake

Hydrogen players Chevron Corp., Mitsubishi Power and Exxon Mobil are working to find buyers and pursue incentives to move projects forward.

Global Energy

Paisie: OPEC+ Will Be Able to Manage Prices

Disappointing economic news has contributed to a drop in oil prices.

Pitts: Oh, What a Tangled Web the Supermajors Weave

Exxon and Chevron and Guyana and Venezuela—‘Let’s Make A Deal’ meets ‘Love, South American Style.’

Industry Icons

Beetaloo Juice: US Shale Explores Down Under

Tamboran Resources has put together the largest shale-gas leasehold in Australia’s Beetaloo Basin, with plans for a 1.5+ Bcf/d play. Behind its move now to manufacturing mode are American geologists and E&P-builders, a longtime Australian wildcatter, a U.S. shale-rig operator and a U.S. shale pressure-pumper.

Midstream

Same Game, Fewer Players: Midstream M&A Stands Apart from E&P Sector

The midstream M&A market typically follows the E&P sector by a few months. But some aspects of the market are different this time around.

West Texas Hold ’Em: Permian Plays Pipeline Poker

The consensus is that the Permian Basin needs another major gas pipeline soon. Midstream companies are trying to figure out when … and who will make the move.