Chris
Mathews
Hart Energy
ECC 2023: Shale Investors Won’t Ever Reward Production Growth Again
During the shale boom, analysts and investors used to reward E&Ps for more production. Now, shareholders prefer more cash returns in their pockets—and experts don’t see that changing anytime soon.
SLB, Aker Solutions, Subsea7 Announce OneSubsea Joint Venture
OneSubsea, a joint venture between SLB, Aker Solutions and Subsea7, looks to improve subsea asset performance and efficiency while decreasing emissions.
Dorchester Minerals Acquires More Texas Mineral, Royalty Interests
Dallas-based Dorchester Minerals continues to scoop up oil and gas mineral and royalty interests in the Lone Star State.
HEYCO Energy Group Acquires UK’s Egdon Resources
HEYCO Energy purchased Egdon’s assets, containing interests in 33 licenses in the U.K. including Wressle Field, the country’s second-biggest oil field by volumes.
Ovintiv CEO McCracken: Magnifying Margins
Ovintiv President and CEO Brendan McCracken has beefed up the E&P’s portfolio with a major acquisition in the Permian and added exposure to the lucrative Canadian LNG market.
The OGInterview: Ovintiv Magnifies Margins [WATCH]
Ovintiv President and CEO Brendan McCracken has beefed up the E&P’s portfolio with a major acquisition in the Permian and added exposure to the lucrative Canadian LNG market.
Just Three: Industry Decries Meager Offshore Oil, Gas Leasing Plan
The Biden administration’s proposed 2024–2029 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program would allow for the “smallest number” of offshore oil lease sales — three — in the history of five-year programs.
Citgo Drama Continues as Court-ordered Sale Date Nears
The fate of Venezuela’s U.S. refining arm Citgo Petroleum is closer to reaching a theatrical climax as a court ordered sale date approaches.
1979 Royalties Snatches Up Midland Basin Minerals, Royalties
Primarily operated by Endeavor and Ovintiv, the acquisition encompasses approximately 5,000 net royalty acres in Midland’s Martin and Dawson counties, Texas.
Rosebank Phase 1 Progresses with Equinor, Ithaca $3.8B FID
A number of contracts have been awarded in support of the Rosebank oil field’s Phase 1 development.