“We aren’t out of the woods yet, but things have moved in the right direction,” Helen Currie, chief economist at ConocoPhillips, says of the COVID-19 demand shock to the oil market.
“This was a massive shock to the system and to the country. I think this is one of the times where the oil industry may not have actually been hit worse,” Solaris Water Midstream CEO Bill Zartler told Hart Energy.
NexTier Oilfield Solutions CEO Robert Drummond joins Hart Energy editors for a conversation centered on his outlook for the oilfield services sector’s recovery on the other side of this downturn.
Goodrich Petroleum President and COO Rob Turnham discusses the strategy behind the Houston-based company’s 100% natural gas-weighted position and how the Haynesville Shale’s location helps make that successful.
Energy banking in a pandemic that has diminished global oil and gas demand by at least 25%? A 38-year energy finance attorney and author of a history of oil and gas finance describes what the space looks like today.
An emphasis on relationships backed by operational expertise and experience has helped these two private-equity-backed midstream operators continue to perform.
John Jacobi, non-executive director at Comstock Resources, says tough times are ahead but the oil and gas industry could benefit from getting a little smaller.
CEO Jeff Miller says Halliburton’s strategy hasn’t changed as the company positions itself for the recovery. “I am an oil and gas bull. I believe in this business and I believe in this industry.”
U.S. tight rock oil production exceeded 9 million barrels per day in March, according to the U.S. Energy Information Administration. The story began 20 years ago in Richland County, Mont., with a prospector, two wildcatters, Halliburton and a bold venture: land a lateral in the middle Bakken—and frac it.