Devon, Chesapeake Report Higher Quarterly Profits on Crude Price Rally
Devon Energy and Chesapeake Energy joined other U.S. oil giants in reporting higher-than-anticipated quarterly profits for third-quarter 2022.
ConocoPhillips C-Suite Chat: Listening to Ryan Lance
Ryan Lance, E&P leader at the helm of ConocoPhillips Co., has worked with peers and governments throughout the world. On the energy future, he says, “It’s really going to take ‘all the above.’”
Energy A&D Transactions from the Week of Oct. 26, 2022
Here’s a snapshot of recent energy deals including NOG’s $330 million Permian Basin acquisition in Midland County, Texas, plus the closing of the $1.96 billion buyout of Shell Midstream.
On the Market Oil and Gas Quicklist (Week of Oct. 26, 2022)
Here’s a quicklist of oil and gas assets on the market including Arkoma Drilling’s portfolio of Haynesville assets in North Louisiana plus the Gungnir Resources prospect in the northern D-J Basin in Wyoming.
Same Name, New Chesapeake: Capitalizing on Low-Carbon Natural Gas
Chesapeake Energy CFO Mohit Singh shared details with Hart Energy conference attendees on the company’s strategy to withstand downturns and keep shareholders happy with dividends and low-carbon natural gas.
Energy A&D Transactions from the Week of Oct. 19, 2022
Here’s a snapshot of recent energy deals including BP’s $4.1 billion acquisition of Houston-based Archaea Energy and Continental Resources’ take-private merger agreement.
On the Market Oil and Gas Quicklist (Week of Oct. 19, 2022)
Here’s a quicklist of oil and gas assets on the market including the sale of producing mineral and royalty assets in core positions across the Lower 48 including the Permian Basin, Williston, Eagle Ford, Marcellus and the Midcontinent being marketed by EnergyNet Indigo for a private seller.
Permian Basin, Haynesville Shale Key to Rising US Production
U.S. crude oil and natural gas production are expected to both rise slightly in November compared to the prior month aided mainly by the Permian Basin and Haynesville Shale.
US Gas Exports Primed to Soar, but Constrained Appalachia Can’t Meet the Moment
Capital has shifted to Gulf Coast natural gas producers to satisfy rising demand for LNG, as stymied infrastructure expansion bedevils Marcellus and Utica, Macquarie Energy expert says.
On the Market Oil and Gas Quicklist (Week of Oct. 12, 2022)
Here’s a quicklist of oil and gas assets on the market including the sale of certain nonoperated working interest properties in Henry Resources’ Melinda Lease in the Midland Basin in Upton County, Texas.