Hart Energy's Oil and Gas Investor, August 2024 cover: Advantage Video & Marketing’s photographer captured this and other images of Encino Energy’s Utica Shale operations.

Oil and Gas Investor Magazine - August 2024

In this month's Oil and Gas Investor, Hart Energy Editor-at-Large Nissa Darbonne travels to the Utica, visiting with Encino Energy COO Ray Walker onsite in Ohio and exploring the business- and oil-friendly state in the special report, "Big Barrels: Meet Ohio's New Utica Play."

Additionally, in this month's OGInterview, Oil and Gas Investor Editor-in-Chief Deon Daugherty speaks with Coterra Energy CEO Tom Jorden about how the company made consolidation part of their strategy early on and about the company's culture of meritocracy.

Special OGI Report
Big Barrels: The Utica Rolls On
After a false start in the early 2010s, a new group of Ohio drillers is going after the Utica’s volatile oil window.

The OGInterview
Strength in Diversity: Coterra Energy CEO Tom Jorden
Coterra Energy took an against-the-grain stance on consolidation long before merger mania hit the U.S. E&P space, and its paying—to its shareholders—meaningful dividends.

Investment
A Family Way
Key family offices, whose wealth began in other industries, are filling in oil and gas investment gaps left by endowment, institutional investment flight.

Cover Story

Big Barrels: Meet Ohio’s New Utica Oil Play

After a false start in the early 2010s that went underwater with overwhelmingly low oil and associated-gas prices, a new group of Ohio drillers is going after the Utica’s volatile oil window. They’re talking now. Here’s what they’re up to.

Feature

For Sale: Grandma’s Minerals

A younger generation more open to selling subsurface rights has increased supply for the minerals and royalties market, and Mesa Minerals III is buying up interests in the Permian and Haynesville.

Strategic Minerals Buying: A Complex Game of 52 Card Pickup

Enverus’ minerals expert Phil Dunning pulls back the curtain on generational changes and seismic shifts in the U.S. minerals market that make it challenging to for aggregators to achieve scale.

The Nuclear Option: E&Ps See Promising Yield from Mobile Reactors

In the Permian Basin and elsewhere, energy players consider adding small modular reactors and microreactors to their energy supply mix as electricity demand grows.

The OGInterview: CEO Tom Jorden on Coterra’s ‘Meritocracy of Ideas’

Coterra Energy took an against-the-grain stance on consolidation long before merger mania hit the U.S. E&P space, and it’s paying—to its shareholders—meaningful dividends.

At Closing

In Ohio’s Utica Shale, Oil Wildcatters Are at Home

The state was a fast-follower in launching the U.S. and world oil industry, and millions of barrels of economic oil are still being found there today.

Commentary

Belcher: How Overturning the Chevron Deference Will Impact Energy Regs

The decision will enable the industry to challenge an array of federal regulatory actions.

E&P Momentum

From Failed Post-Civil War Railroad to Permian Basin Royalties Giant

The Texas Pacific Land Corp. has a storied history, setting it up to thrive in Permian royalties, water, easements and more.

Finance & Investment

Hirs: Peak Oil Demand—Where Upstream Diverges from Downstream

The impact of peak oil demand is the same regardless of the sliding timelines published by the experts.

Kissler: US Must Protect the Petrodollar to Defend the Dollar

Rumblings that the petrodollar is dead are likely overstated, but the demise of the long-time practice would have far-reaching implications for the U.S.

The ABCs of ABS: Financing Technique Shows Flexibility and Promise

As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.

The ABCs of ABS: Financing Technique Shows Flexibility and Promise

As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.

Global Energy

Mexico Energy Forum: Election Impacts on US-Mexico Energy Trade

Mexico Energy Forum President Roberto Salinas León shared his thoughts with Oil and Gas Investor on a number of themes related to recent elections in Mexico.

New Mexican President, Same Reliance on Permian Gas

While Sheinbaum leans toward a stronger Pemex, U.S. producers are likely to maintain their relevance in Mexico.

Pitts: LNG Sector, Beware! Aramco is Coming

Loaded with cash, Saudi oil powerhouse Aramco has embarked on a net-zero quest.

Midstream

Segrist: Gassed Up, Waiting to Go: Producers Aim to Remedy Gas Prices

The countdown clock for a surge in natural gas demand is ticking. Is the U.S. finally at the turning point?

Wilson: NGLs are America’s Other Energy Export Boom

Robust outlook, interested buyers, willing investors—what’s not to like as NGLs have become America's hottest export product?

Trends & Analysis

Paisie: Oil Demand to Rise 1.2 MMbbl/d in Second Half

WTI’s price is expected to stay in the low $80s/bbl.