Chris
Mathews
Hart Energy
Fewer Rigs, Bigger Payoff: US Oil Production Continues to Climb Even as Rig Count Drops
Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing companies to achieve more with fewer resources.
EIV Capital: Opportunities Abound for Investors in Midstream Sector
Here are the metrics that midstream financiers look for in a mature industry.
Asia, EU Buyers Warming Up to US Shale M&A Again—Jefferies
Foreign asset buyers are considering U.S. upstream M&A to lower their LNG supply costs and avoid windfall taxes on European operations, Jefferies Managing Director Bill Marko says.
Analyst: Public E&Ps Race to Stay Relevant in a Consolidating Energy Market
A shrinking pool of opportunities is leading to scarcity and driving the rising valuations for crude E&Ps in the current A&D market, said TD Cowen analyst David Deckelbaum at Hart Energy’s A&D Strategies and Opportunities Conference.
Northern’s O’Grady: Most of ‘Best’ Acres ‘Already Been Bought’
Adding new-well inventory going forward will require “exploration or other creative measures,” said Nick O’Grady, whose Northern Oil and Gas holds interests in 10,000 Lower 48 wells.
Midstream M&A Adjusts After E&Ps’ Rampant Permian Consolidation
Scott Brown, CEO of the Midland Basin’s Canes Midstream, said he believes the Permian Basin still has plenty of runway for growth and development.
Great Expectations Continue to Round Out a Big Year in A&D
At least $1.8 billion in A&D transactions have taken place already in 2024.
Lime Rock CEO: Small, Mid Cap E&Ps Stuck in M&A ‘No Man’s Land’
Eric Mullins said that as large-scale M&A players begin to rationalize their purchases, as much as $18 billion in non-core divestments could find homes to asset-hungry acquirers.
As Permian Targets Grow Scarce, 3Q M&A Drops to $12B—Enverus
Upstream M&A activity fell sharply in the third quarter as public consolidation slowed and Permian Basin targets dwindled, according to Enverus Intelligence Research.
Flowserve Closes $305MM Acquisition of MOGAS Industries
Infrastructure service company Flowserve Corp. has completed its acquisition of MOGAS Industries for $305 million.