Utica’s Infinity Natural Resources Seeks $1.2B Valuation with IPO
Appalachian Basin oil and gas producer Infinity Natural Resources plans to sell 13.25 million shares at a public purchase price between $18 and $21 per share—the latest in a flurry of energy-focused IPOs.
Less Flaring, More Bitcoin: Startup Catches Eye of Halliburton Labs
360 Energy, a startup that sets up generators on pad sites and uses the electricity for cryptocurrency, has recently caught the attention of Halliburton Labs.
Exxon’s Custom, Lightweight Proppant Boosts Permian EURs by 15%
Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones.
Exclusive: Novi Labs’ Ludwig on AI Preventing Costly Drilling Mistakes
Novi Labs President and Co-Founder Jon Ludwig gives insight on how AI and machine learning allow diverse applications for oil and gas operations and less risk for cataclysmic failure, in this Hart Energy Exclusive interview.
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.
Exclusive: Early Findings Show Untapped Potential in Barnett Exploration
Steven Jolley, Halliburton’s Permian Basin technology manager, gives insight into potential for new drilling opportunities around Andrews County and efficiencies operators are seeing within the Permian, in this Hart Energy Exclusive interview.
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.
Analysts: A Growing Bakken Will Require a Stronger Pipeline Network
East Daley looks at potential courses as the basin continues to increase production.
After M&A, Some ‘Stingy’ E&Ps Plan to Hold Operated Shale Inventory
After a whirlwind run of upstream consolidation, experts anticipated a wave of portfolio rationalization and divestitures. But with high-quality drilling locations already scarce, E&Ps may cling to operated inventory.
Summit Midstream Acquires Tall Oak Midstream III in $450MM Deal
The acquisition of Tall Oak Midstream III balances Summit Midstream’s crude and natural gas commodity exposure in preparation for high natural gas demand in the coming years, Summit Midstream CEO Heath Deneke said.