Exploration & Production - Exclusives
Extending the Permian Basin’s powerhouse status may benefit as much from collaboration as competition, the incoming president of Shell Oil said.
Jimmy Crain, partner of EnCap Investments and a member of the leadership team at the private-equity firm’s Dallas office, is today’s Forty Under 40 honoree.
Colorado’s Proposition 112 and Washington State’s Initiative 1631 falter.
With the proper tools and knowledge, producers gain the edge, say panelists at Hart Energy's Executive Oil Conference in Midland, Texas.
Today’s Forty Under 40 honoree is Jason Craig, managing director at Denham Capital who said his goal is to help bring the private-equity provider into what he calls the “post- resource-grab era.”
The acquisition of QEP’s foothold in the Williston Basin by Vantage Energy, a SPAC formed by NGP and industry veteran Roger Biemans, is set to create a Bakken pure-play operator.
Jason Churchill, CEO of EnCap-backed PetroLegacy Energy which has a roughly 25,000-acre position in the Midland Basin, is today’s Forty Under 40 honoree.
SandRidge Energy’s exit from the Permian’s Central Basin Platform was a part of two recently closed transactions worth a total of roughly $40 million.
The Irving, Texas-headquartered company reported Nov. 2 third-quarter earnings increased 57% to $6.24 billion, compared with $3.97 billion a year earlier.
Today’s Forty Under 40 honoree is Claire Chase, who handles government relations for Mack Energy, a Permian Basin-focused E&P based in Artesia, N.M.
Chesapeake Energy and Encana made headlines this week with multibillion-dollar acquisitions. Also, crude oil and natural gas production hit new records and the industry is watching initiatives on the ballot in Colorado and Washington state next week.
For years, the hinterlands of the Permian Basin have suffered, yet E&Ps in the Delaware and Midland basins are returning to the periphery of the play, and many of them have something to prove—or at least prove up.