DUG Haynesville: E&Ps Keeping Production Flat, Hedging Amid Gas Price Slump
Executives from E&Ps such as GeoSouthern Energy and New ASEAN Energy said they are adjusting drilling and hedging strategies in the Haynesville Shale after a rapid collapse in U.S. natural gas prices.
Oil, Gas Price Volatility Slows Upstream M&A Market
A flurry of oil deals kicked off a strong start to 2023, but upstream dealmaking has slowed to a crawl in recent weeks due to low commodity prices and a banking liquidity crisis.
By Hook, Crook and Bolt-on, E&Ps Scramble to Add Inventory
Operators are adding inventory, largely through M&A, as some E&Ps see well productivity plateauing.
Marcellus, Permian Add Rigs Despite Commodity Price Volatility
Gas-directed rig activity in key U.S. plays, including the Marcellus Shale and Permian Basin, increased in a big way last week, but analysts expect cuts to the rig count later this year.
Q&A: EnCap’s Thielemann: Private Equity ‘Survivors’ Poised to Thrive
EnCap private equity veteran Brad Thielemann discusses the role of private equity in traditional oil and gas investing — including the need to ramp up investments to meet demand — as well as its trajectory for financing the transitions ahead.
Haynesville, Permian to Lead Natural Gas Production Growth in April
Despite recent price volatility, natural gas output from key regions including the Permian and Haynesville is expected to grow from March to April, according to the Energy Information Administration.
Range Resources CEO Jeff Ventura to Retire from Marcellus Shale Pioneer
Ventura exits Range Resources weeks after reports that the Marcellus E&P might be purchased by Pioneer Natural Resources, which the Permian company denied.
‘We Don’t Lack Resource,’ Chesapeake COO Viets Says of US Gas Supply
Chesapeake's COO said consistency in political messaging is what’s needed to make the mega-billion-dollar commitments to get the resource to markets.
Toby Rice: EQT has Considered Developing Its Own East Coast LNG Project
EQT President and CEO Toby Rice told Hart Energy the company has considered its own LNG project, echoing comments from April 2022 that the natural gas producer was contemplating investments in LNG projects.
Despite Gas Price Slump, EOG Full Steam Ahead in Emerging Plays
Undeterred by volatility in U.S. natural gas prices, Houston-based EOG Resources plans to accelerate drilling and gas production this year, including its emerging plays in South Texas and the Utica Shale.