Hildebrand will remain Hilcorp’s executive chairman and continue to be heavily involved in the company’s operations, a spokesman said.
Also, the U.S. is closing in on becoming a net oil and gas exporter.
Longer laterals and bigger completions have changed the game for Chesapeake in the Haynesville, vice president Tim Beard said at Hart Energy’s inaugural DUG Haynesville conference.
As the Northeast drives natural gas supply growth in the U.S., The Williams Cos. says it is ready.
Diversified Gas & Oil has agreements to purchase Alliance Petroleum for $95 million and assets from CNX Resources for $85 million, the company said.
The country’s exports have been propelled by a boom in oil and natural gas production.
Utilities are moving toward an energy mix that includes wind, solar and gas but market share will likely be competitive, say panelists at ADI Forum.
Three Rivers, headed by CEO Mike Wichterich, will sell its 57,000-net-acre position to an undisclosed buyer after initially marketing its Permian Basin assets last April.
In the week since our last edition of What’s Affecting Oil Prices, Brent prices averaged around $63.68/bbl last week, within the expected range.
Energy Transfer executive describes new Rover pipeline that is ‘a bullet line over to the market.’
Recent windfalls generated through taxes and the kingdom’s “anti-corruption purge” has triggered further speculation about the future of Saudi Aramco’s IPO.
AccuWeather Senior Meteorologist Bob Smerbeck takes Hart Energy behind the scenes in forecasting extreme weather patterns and the effect on the oil and gas industry.