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This is your Hart Energy A&D Minute with Jordan Soto and powered by Hart Energy's Gulf of Mexico Energy Transformation Conference.
Crescent Point Energy has officially plowed $1 billion into the Duvernay Formation. After signing its third deal since 2021, Tudor, Pickering, Holt & Co. analyst Matt Murphy said the Canadian company’s newest bolt-on locks in “north of 20 years” of inventory, along with pipelines and other goodies. Check it out here.
Some big names are teaming up to explore geothermal power from abandoned oil and gas wells. Baker Hughes, Chesapeake, Continental Resources and INPEX announced the partnership on Dec. 8. Where are they starting their efforts? Read about it here.
The Permian Basin is so hot, even coal companies want in. Alliance Resource Partners LP said in November it had closed on about 4,300 royalty acres in the Midland and Delaware basins for nearly $100 million. Check out the sellers and more here.
That’s your Hart Energy A&D Minute powered by Hart Energy's inaugural Gulf of Mexico Energy Transformation Conference on Feb. 21, 2023, in Houston.
Also, watch new A&D Minute episodes every Wednesday, and don’t forget to sign up for our A&D Watch newsletter at HartEnergy.com/newsletters/ad-watch.
2023-12-14 - This year’s honorees represent companies such as Baker Hughes, Chesapeake Energy, Chevron, Exxon Mobil, Ovintiv, SLB and more.
2023-12-17 - At Hart Energy's 50th Anniversary Hall of Fame event, industry trailblazers Harold Hamm, Tom Petrie and Chris Wright gathered to discuss the state of the industry, the "shameless false marketing" of the energy transition, politics and oil and gas' next half-century.