Pietro D
Pitts
Hart Energy
Argentina Officials in Houston Boast Vaca Muerta’s Potential
Argentina’s Neuquen Province Governor Omar Gutierrez told a Houston crowd that more investment, development and infrastructure expansion are needed to boost production in the country’s prolific Vaca Muerta shale formation.
SilverBow to Acquire $87 Million Bolt-on in Eagle Ford’s Karnes Trough
Houston-based SilverBow Resources entered an agreement to acquire bolt-on assets in the Karnes trough in Dewitt and Gonzales counties from an undisclosed seller for $87 million in cash.
Exclusive Q&A: Vaca Muerta Headwinds with Baker Institute’s Mark P. Jones
The Rice University Baker Institute for Public Policy’s Political Science Fellow Mark P. Jones recently spoke to Hart Energy about some of the headwinds confronting oil and gas investors eyeing shale opportunities in Argentina’s massive Vaca Muerta formation.
SilverBow Resources Adds New Webb County Position for $50 Million
The new position in the dry gas Dorado play doubles SilverBow’s current Webb County acreage in South Texas, which now totals 15,000 acres with an estimated drilling inventory exceeding 200 gross locations.
Analysts: EQT’s Monster $5.2 Billion Deal a Cash Cow
EQT’s purchase of Tug Hill and XcL Midstream’s assets in the Appalachian Basin will contribute to $150 million in long-term cash flow, Goldman Sachs said.
As Natural Gas Prices Jump, Shale Oil Firms Get Gassy
“Two or three years ago, oil companies would not even set a hand in natural gas... it was a negative, it was a nuisance, but it's not today,” Jay Allison, CEO of shale producer Comstock Resources Inc., said at a conference in Denver in August.
Chesapeake Rocks a Returns Runway: C-suite Chat with CEO Nick Dell’Osso
You can probably call it a comeback—for both natural gas and the company that pioneered the shale drilling of it. The second quarter showed that Chesapeake Energy Corp. is making good on its pledges to return cash to shareholders, green up its production and exit the oil side of the industry. And as Russia’s war on Ukraine flips the narrative on energy security and access to natural gas in Europe, Chesapeake’s timing is on schedule.
ProPetro Agrees to Acquire Electric Frac Fleets from ‘Leading Manufacturer’
Midland, Texas-based ProPetro executed an order to acquire two electric frac fleets from a “leading manufacturer” as part of its fleet transition strategy initiated last year, says CEO Sam Sledge.
Continental Resources Promotes Doug Lawler to President, COO
Doug Lawler joined Continental Resources in February as COO and executive vice president following three decades in the oil and gas industry.
BPX Amps Up Permian, Plans $1.7 Billion Spend in US this Year
BPX Energy President Jack Collins said the company is planning to power 95% of its Permian Basin operations with electricity this year and is drilling an exploratory well for its carbon capture business.