Jordan
Blum
Hart Energy
Latest
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.
Segrist: The LNG Pause and a Big, Dumb Question
In trying to understand the White House’s decision to pause LNG export permits and wondering if it’s just a red herring, one big, dumb question must be asked.
Keeping it Tight: Diversified Energy Clamps Down on Methane Emissions
Diversified Energy wants to educate on emission reduction successes while debunking junk science.
Romito: Net Zero’s Costly Consequences, and Industry’s ‘Silver Bullet’
Decarbonization is generally considered a reasonable goal when presented within the context of a trend, as opposed to a regulatory absolute.
Paisie: Crude Prices Rising Faster Than Expected
Supply cuts by OPEC+, tensions in Ukraine and Gaza drive the increases.
Brett: Oil M&A Outlook is Strong, Even With Bifurcation in Valuations
Valuations across major basins are experiencing a very divergent bifurcation as value rushes back toward high-quality undeveloped properties.
Darbonne: The ESG Sword: BlackRock's Life, Death by ESG
BlackRock, the $10 trillion investment manager, is getting heat for too much ESG investing, while shareholders are complaining it’s doing too little.
Hirs: Aspirations Meet Reality—The Undisclosed High Cost of the Energy Transition
The nation is trying to keep up with the growth of renewable power resources, but before transmission lines can be built, the power plants must first have interconnects with the grid.
73-year Wildcatter Herbert Hunt, 95, Passes Away
Industry leader Herbert Hunt was instrumental in dual-lateral development, opening the North Sea to oil and gas development and discovering Libya’s Sarir Field.
The Jones Act: An Old Law on a Voyage to Nowhere
Keeping up with the Jones Act is a burden for the energy industry, but efforts to repeal the 104-year-old law may be dead in the water.
Haynesville’s Harsh Drilling Conditions Forge Tougher Tech
The Haynesville Shale’s high temperatures and tough rock have caused drillers to evolve, advancing technology that benefits the rest of the industry, experts said.
From Satellites to Regulators, Everyone is Snooping on Oil, Gas
From methane taxes to an environmental group’s satellite trained on oil and gas emissions, producers face intense scrutiny, even if the watchers aren’t necessarily interested in solving the problem.
Sunoco’s $7B Acquisition of NuStar Evades Further FTC Scrutiny
The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Sunoco’s pending acquisition of NuStar Energy has expired, bringing the deal one step closer to completion.
Pitts: Heavyweight Battle Brewing Between US Supermajors in South America
Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.
Plus 16 Bcf/d: Power Hungry AI Chips to Amp US NatGas Draw
Top U.S. natural gas producers, including Chesapeake Energy and EQT Corp., anticipate up to 16 Bcf/d more U.S. demand for powering AI-chipped data centers in the coming half-dozen years.
Markman: Is MethaneSAT Watching You? Yes.
EDF’s MethaneSAT is the first satellite devoted exclusively to methane and it is targeting the oil and gas space.
Mighty Midland Still Beckons Dealmakers
The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
An Untapped Haynesville Block: Chevron Asset Attracts High Interest
Chevron’s 72,000-net-acre property in Panola County, Texas is lightly developed for the underlying Haynesville formation — and the supermajor may cut it loose.
Mesa III Reloads in Haynesville with Mineral, Royalty Acquisition
After Mesa II sold its Haynesville Shale portfolio to Franco-Nevada for $125 million late last year, Mesa Royalties III is jumping back into Louisiana and East Texas, as well as the Permian Basin.
Tangled Up in Blue: Few Developers Take FID on Hydrogen Projects
SLB, Linde and Energy Impact Partners discuss hydrogen’s future and the role natural gas will play in producing it.
Darbonne: Brownsville, We Have LNG Liftoff
The world’s attention is on the far south Texas Gulf Coast, watching Starship liftoffs while waiting for new and secure LNG supply.
Kinder Morgan Exec: Don’t Count Out Midstream in M&A Frenzy
Kinder Morgan’s Allen Fore said 2024 should be an ‘interesting’ year in M&A during a discussion at DUG GAS+ Conference and Expo.
Woodside Brings in the Know-how
Woodside Energy Group CEO Meg O’Neill is relying on technical sophistication to guide the Australian giant as it takes on three challenging projects in the U.S. Gulf of Mexico.
CERAWeek: Trinidad Energy Minister on LNG Restructuring, Venezuelan Gas Supply
Stuart Young, Trinidad and Tobago’s Minister of Energy, discussed with Hart Energy at CERAWeek by S&P Global, the restructuring of Atlantic LNG, the geopolitical noise around inking deals with U.S.-sanctioned Venezuela and plans to source gas from Venezuela and Suriname.
Gas Executives: US Pipe Dreams ‘Not Dead,’ but Challenging
Regulators could pivot as “market signals that may come may be worse than regulators are looking for,” Sempra Infrastructure’s president of LNG said.
Paisie: Dutch Vehicle Fleet Foreshadows Structural Shifts
The expanding role of battery electric vehicles will be supported by the development of associated supply chains, as indicated by Stratas Advisors' forecast of global EV battery production capacity.
Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess
Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.
Belcher: Our Leaders Should Embrace, Not Vilify, Certified Natural Gas
Recognition gained through gas certification verified by third-party auditors has led natural gas producers and midstream companies to voluntarily comply and often exceed compliance with regulatory requirements, including the EPA methane rule.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.