It’s not the Keynes kind; it’s the Jack London kind. E&P executives are restless, according to a Dallas Fed survey, and they’re going mano a mano for market share. Will it manifest in consolidation? Where to next for the sellers? For some, it’s a new land rush: energy transition.
EQT will seek to produce “responsibly sourced natural gas” from select wellpads by using continuous methane emission monitoring devices provided by pilot partner Project Canary.
Marathon Oil CEO Lee Tillman says it is imperative that the company and the oil and gas industry address the “dual challenge of meeting the world’s growing energy demand while also responding to the risk of climate change.”