Chris
Sheehan
Oil and Gas Investor
Latest News
Business
Burnishing The Rockies’ Rep
There’s more than one road in the Rockies. While E&Ps pursue exploration in Wyoming, their counterparts in Colorado are adjusting development programs to conform to local control legislation.
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Private Equity
The Top 100 Private E&Ps
Producing 6.5 million barrels equivalent per day, these 100 private producers represent the best of the U.S. oil and gas industry.
Private Equity
From OGI Editor-In-Chief: Spurred To Be Private
Former Wildhorse Resource Development CEO Jay Graham explains what spurred the exit from his recently IPO’d beloved company, and why starting up private again makes him happy.
Business
Interview: Southern Gas Association Always Ready For Challenges
New SGA President and COO Suzanne Ogle talked with HartEnergy.com about her new role with the association, women in energy and the energy transition that is at hand.
Public Capital
Rice Brothers Take Control Of EQT Board In Proxy Fight
Toby Rice was also named president and CEO of EQT, succeeding the shale gas giant’s former top exec Robert McNally.
Business
How Is Trust Affecting The Bottom Line?
Declining returns and growing demand for cleaner energy and sustainable products are impacting stakeholder trust in oil and gas companies.
Investment
DUG East: Appalachia Is A Model Region For Petrochemical Profitability
Appalachia has accounted for 85% of production growth across the U.S., but it still gets overlooked for the Gulf Coast as the set up shop for petrochemicals.
Latest in Video
IndustryVoice: Alpine Silica - Providing The Finest Sand In-Basin
Here’s an in-basin sand provider servicing the Permian Basin with proppant solutions derived from West Texas sand deposits located near Kermit, Texas.
Trending Stories
Latest Hart Energy Publications
Markets
What’s Affecting Oil Prices This Week (July 15, 2019)?
For the week ahead we expect moderate gains to continue. Brent will likely average close to $67/bbl.
IEA: US Oil Output Leading To Oversupplied Market
‘There are indications of deteriorating trade and manufacturing activity,’ says monthly report.
OPEC Sees Lower 2020 Demand For Its Oil, Points To Surplus
Production cuts have given a sustained boost to U.S. crude suppliers.
Chevron Phillips, Qatar Petroleum Sign $8 Billion Petrochemical Deal
Last month the companies announced they would build a petrochemical plant north of Doha in Ras Laffan Industrial City that will come on line by 2025 and tap Qatar's North Field for natural gas feedstock.
Business
How To Add ESG To A Private Equity Program
The institutional investment market is demanding greater transparency into the environmental, social, and governance (ESG) impacts of its managers, including private equity managers.
Halcón Resources CFO Quentin Hicks To Step Down
Halcón Resources CFO Quentin Hicks is set to step down, marking the second CFO and fourth overall executive change for the Permian Basin oil and gas producer since the start of the year.
SEACOR Marine COO Robert Clemons Steps Down
SEACOR Marine Holdings Inc. has announced that Robert Clemons has stepped down as executive vice president and COO, effective as of July 12, 2019.
Moody’s Downgrades EQT Rating Following Rice Takeover
Moody’s changed the rating outlook for EQT to negative from stable citing weak gas prices and the successful proxy campaign against the shale gas giant led by Rice brothers, Toby and Derek.
Technology
Sponsored Content
IndustryVoice: Quick-Setting Cement Minimizes Wait Time In Delaware Basin, Saves $8,000 Per Well
How the engineering team at Nine Energy Service solved the challenge of rising costs due to WOC with a new line of cement designed to consistently reach 500 psi in less than 8 hours.
Expro Secures Work For Petronas’ Chinguetti Field
The contract, valued at $20 million, will see Expro provide its IRS system with associated surface support equipment, to be deployed from Pacific Drilling’s drillship, Pacific Santa Ana.
Column: Can AI Solve Renewable Energy's Problems? India May Show The Way
To make such a large-scale build out of renewable energy viable in India over the next decade, the country will have to make its electricity grid more responsive and integrated.
McDermott Bags FEED Work From Qatar Petroleum
Work on the project will begin immediately, and the contract award will be reflected in McDermott’s second quarter 2019 backlog.
Exploration & Production
Burnishing The Rockies’ Rep
There’s more than one road in the Rockies. While E&Ps pursue exploration in Wyoming, their counterparts in Colorado are adjusting development programs to conform to local control legislation.
US Oil Rig Count Drops For Second Consecutive Week
U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending this year.
Aker BP Makes Oil Discovery Off Norway
Norwegian oil firm Aker BP has made an oil discovery off Norway on July 12 which could strengthen its hand in negotiations with sometimes partner Equinor on how to develop fields.
Storm Barry Cuts US Gulf Coast Oil Production In Half
An intensifying tropical storm in the U.S. Gulf of Mexico cut more than half the region's oil production, with energy companies evacuating staff from offshore facilities and a coastal refinery.
Transactions
Callon Petroleum To Acquire Carrizo For $3.2 Billion
Callon Petroleum, currently a Permian Basin pure-play, will gain core oil-weighted positions in both the Permian and Eagle Ford Shale through its combination with Carrizo Oil & Gas.
Anadarko Shareholders To Vote Next Month On Occidental Deal
Anadarko Petroleum shareholders will vote early August on the oil and gas producer's planned $38 billion sale to rival Occidental Petroleum.
Maersk Parent Company Enters Renewables With Wind Farm Acquisition
The acquisition of KK Wind Solutions marks a new direction for A.P. Moller, a family-owned company that has built its business on the shipping and oil industry.
Marketed: PT Petroleum Southern Midland Basin Production, HBP Acreage
PT Petroleum and affiliated companies retained Wells Fargo Securities for the sale of certain upstream oil and gas assets within the Permian in the Southern Midland Basin.
Policy & Regulations
US Oil Exports To Ukraine Deal Another Blow To Moscow
Political pressure and incidents of contaminated crude cut into Russia’s European dominance.
Britain Says It Fended Off Iranian Attempt To Block Tanker
Warship intervened when vessel was threatened; ships in the Persian Gulf are advised to go to a higher state of alert.
Regulators: Cheniere Must Do More Work On Sabine LNG Storage Tanks
Agencies say company has ‘failed to comply’ with testing requests.
White House Discussing Renewing License For Chevron To Operate In Venezuela
The Trump administration is discussing whether to renew a license allowing Chevron Corp. to continue operating in Venezuela despite U.S. sanctions on the country's oil sector, White House economic adviser Larry Kudlow said on July 9.
Midstream
Moda Drinks In Success From ‘Best Water’
The company’s CEO describes how its terminal in Ingleside, Texas, connects the Permian Basin to the largest crude oil carriers in the world.
Most Louisiana Refineries Running As Storm Cuts 70% Of Offshore Oil
Tropical Storm Barry slowly moved on to the Louisiana coast and quickly weakened from hurricane strength on Saturday afternoon, leaving in its wake 70% of U.S. Gulf of Mexico oil production shut in, the U.S. government said.
Tellurian, Total Finalize Louisiana Driftwood LNG Export Plant Agreements
Tellurian said it planned to make a final investment decision this year on whether to build Driftwood, which would enable the plant to enter service in 2023.
Meritage Midstream Extends Open Season For Powder River Pipeline
Meritage Midstream’s project will facilitate transportation of NGL from two processing plants located in Campbell and Converse counties in Wyoming within the Powder River Basin.
