Hart Energy's Oil and Gas Investor, December 2024 cover: Exxon Mobil drilling and completions operations in New Mexico's Delaware Basin. Photo credit: Nolan Bourque, Exxon Mobil

Oil and Gas Investor Magazine - December 2024

In this month's issue of Oil and Gas Investor, Senior Editor of Shale and A&D Chris Mathews explores the Permian Basin's conventional zones. Spurned or simply ignored by the big publics, the Central Basin Platform, Northwest Shelf and Eastern Shelf remain playgrounds for independent producers.

Additionally, Editorial Director Jordan Blum speaks with Exxon Mobil's Upstream President Liam Mallon on XOM's 40-year high for liquids production on the 25th anniversary of the Exxon Mobile merger.

OGI ties up the year continuing the tradition of naming new honorees to our Hart Energy Hall of Fame and Agents of Change in Energy (ACEs), recognizing legendary business leaders in the industry and those who are poised to tackle the challenges ahead.

Special OGI Report

Permian Plays - Classic Rock, New Wells
The Permian Basin's conventional zones remain playgrounds for independent producers.

Hall of Fame and Agents of Change in Energy
Hart Energy recognizes the legendary oil and gas titans who have shaped the industry, as well as contemporary superstars who are guiding it into the future. This year's inductees are:

Hall of Fame

  • Chuck Davidson - Noble Energy, Quantum Capital Group
  • Peter Dea - Barrett Resources, Western Gas Resources, Cirque Resources
  • John Pinkerton - Range Resources, Encino Energy
  • Trevor Rees-Jones - Chief Energy
  • Wil VanLoh - Quantum Capital Group
  • Tom Ward - Chesapeake Energy, SandRidge Energy, Mach Natural Resources

Agents of Change in Energy

  • Nick Dell'Osso - Expand Energy
  • Marianella Foschi - Civitas Resources
  • Bryan Sheffield - Formentera Partners
  • Kaes Van't Hof - Diamondback Energy

Executive Q&A

Exxon Mobil Pioneers the Permian and Guyana
Liam Mallon, Exxon Mobil's upstream president, discusses how XOM liquids production has hit a 40-year high on the 25th anniversary of the Exxon Mobil merger, and plans for the future.

Features

Coterra's Taking Harkey Sand "Row" Show on the Road
With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.

Here Come the Funds
In a 10-day period, private equity firms announced almost $20 billion in energy funding. Is and end in sight for the fossil fuel capital drought?

Harold Hamm's Wish List for Trump's Next Term
The Continental Resources executive chairman helped raise millions for the president-elect's campaign, and he and other energy executives know what they want his administration to tackle.

Cover Story

Classic Rock, New Wells: Permian Conventional Zones Gain Momentum

Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.

Commentary

Belcher: Energy Sector Grapples with Looming Labor Crisis

The U.S. needs approximately 400,000 new engineers each year moving forward but is currently only able to fill about one-third of the engineering positions available through at least 2030.

Completions

The Explosive Evolution of Fracking: A 75-Year Journey

Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom.

E&P Momentum

Coterra Takes Harkey Sand ‘Row’ Show on the Road

With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.

Q&A: How EthosEnergy Keeps the Oil and Gas World Spinning

EthosEnergy CEO Ana Amicarella says power demands and tools are evolving onshore and offshore and for LNG and AI.

What Chevron’s Anchor Breakthrough Means for the GoM’s Future

WoodMac weighs in on the Gulf of Mexico Anchor project’s 20k production outlook made possible by Chevron’s ‘breakthrough’ technology.

Energy Transition

Despite Growth of CCS Projects, Profitability Remains Elusive

While costs are declining, CCS technologies remain expensive, with EOR and tax incentives spurring projects to capture and store CO₂.

Segrist: Cooling the Reaction: Nuclear Makes Promising but Slow Comeback

Nuclear power is awesome. Nuclear power is also hard—and a long way off from displacing natural gas as the primary source for the electricity the U.S. will desperately need.

Finance & Investment

Energy Sector Sees Dramatic Increase in Private Equity Funding

In a 10-day period, private equity firms announced almost $20 billion in energy funding. Is an end in sight for the fossil fuel capital drought? 

Hirs: The High Cost of Overreaching Regulation, Secrecy

Energy regulators have withheld critical information that’s resulted in damage to  markets and competition.

Global Energy

Paisie: Trump’s Impact on All Things Energy

President-elect Donald Trump’s policies are expected to benefit the U.S. oil and gas sector, but also bring economic and geopolitical risks.

Q&A: Exxon Mobil Pioneers the Permian and Guyana

Liam Mallon, Exxon Mobil’s upstream president, discusses how XOM liquids production has hit a 40-year high on the 25th anniversary of the Exxon-Mobil merger, and plans for the future.

Midstream

Electrification of Permian Faces a Problem: Not Enough Shock for the System

Permian Basin producers may have to wait years for Texas utilities to grow the grid.

Technology

Integrating OCTG Management from Planning to Well

Tenaris’ Rig Direct provides improved collaboration and communication, and more uptime.