Company Profiles

Private Equity , Investment , Company Profiles , Exploration & Production , Health, Safety & Environment , Emissions , Energy Transition

Engine No. 1, the Giant-Killing Hedge Fund, Has Big Plans

It has been depicted as a new David-and-Goliath tale for Wall Street: a tiny hedge fund called Engine No. 1 went up against the mightiest oil company in the U.S. and won three seats on its board, with a mandate to prepare it for a future free of fossil fuel.

June 4, 2021

Company Profiles , Technology

TGS-NOPEC Geophysical Changes Name to TGS

TGS-NOPEC Geophysical Company ASA, a global provider of energy data and intelligence, will begin operating under the new name of TGS ASA, the company said on June 3.

June 3, 2021

Company Profiles , Pressure Pumping

U.S. Well Services to Cut 171 Jobs in Texas

Oilfield company U.S. Well Services will eliminate 171 jobs in Texas, according to a filing with the Texas Workforce Commission on June 2, as it prepares to exit the diesel hydraulic fracturing market.

June 2, 2021

Company Profiles

French Oil Major Total Undergoes Successful Green Rebrand as TotalEnergies

Oil and gas group Total won more than 90% backing for its climate plan to gradually reduce its emissions on May 28, when shareholders also voted overwhelmingly in favor of its rebrand as TotalEnergies to mark its shift to renewable energy.

June 1, 2021

Company Profiles , Energy Transition , Shale Plays

Wyoming Operator UP Energy Rebrands to Reflect ESG Commitment

Effective immediately, UP Energy, a private gas producer focused in the Pinedale and Jonah Fields of Wyoming’s Green River Basin, will be known as PureWest Energy.

May 26, 2021

Public Capital , Company Profiles , Shale Plays , Acquisitions & Divestitures

Oil and Gas Investor Executive Q&A: Northern Marches South

With a stronghold in the Williston Basin, Northern Oil and Gas Inc. has recently added a large swath of Marcellus acreage from Reliance Industries and made a long-calculated move into the riches of the Permian Basin.

May 19, 2021

Company Profiles , Acquisitions & Divestitures , Trends

Path Forward: Exclusive A&D Look from Privately Held Crescent Pass Energy

In the latest installment of the Path Forward series, Crescent Pass Energy Senior Vice President of Business Development Jake Stroud provides Hart Energy with an exclusive look at A&D activity from the point of view of a private operator.

May 18, 2021

Restructurings , Public Capital , Company Profiles , Technology

Valaris Emerges from Bankruptcy, Appoints New Seven-Member Board

The Valaris Group has successfully completed its financial restructuring and emerged from chapter 11 on April 30.

May 4, 2021

Public Capital , People , Company Profiles , Shale Plays , Acquisitions & Divestitures

Oil and Gas Investor Executive Q&A with Penn Virginia: A Breath of Fresh Capital

A new majority owner and a new CEO energize pure-play Eagle Ford Shale operator Penn Virginia to catch its stride.

April 29, 2021

Private Equity , Company Profiles , Shale Plays , Pipelines

Midstream Business Pinnacle II Executive Q&A: Starting in the Midland Basin

Pinnacle Midstream founder Greg Sargent is confident in the Permian Basin and the industry’s ability to “conform and prosper as we always have” to new conditions and regulations.

April 12, 2021