Latest From Hart Energy
DUG Eagle Ford: Returning To The Play, Lessons Learned
Rio Grande Exploration & Production president and CEO, Glenn Hart shares why this time he’s confident in the company’s relationships and the area.
China's Gas Demand Growth To Slow To 10% This Year: Sinopec Official
China's natural gas demand is expected to reach 307 billion cubic meters (Bcm) this year, an increase of just 10% from 2018, an official of state-run Sinopec Gas Co. said on Oct. 15, as a slowing economy hits consumption.
Whiting Petroleum In Deal Talks With Abraxas Petroleum: Sources
Whiting Petroleum Corp., an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum Corp. , two people familiar with the matter told Reuters.
Chart: Elizabeth Warren’s Frac Attack
RBC Capital Markets put out a new report titled "The Aftermath of a Frac Ban." This table from the report shows companies with meaningful exposure to federal acreage.
Brazil’s Sergipe Basin Gains Interest As Presalt Powers Forward
Interest is expected to continue picking up in the Sergipe-Alagoas Basin as the country looks to attract investors to areas beyond, though not excluding, presalt.
Marketed: Core Delaware Basin Nonop Asset, Ward County, Texas
Rio Oil and Gas II retained Detring Energy Advisors for the sale of a core Delaware Basin asset in Ward County, Texas, operated by Chevron in an offering closing Nov. 20.
On The Money: Raking Through The E&P Wreckage
E&Ps’ focus is on reducing costs, lowering FCF breakevens, bolstering balance sheets, lengthening liquidity runways and returning cash to investors through dividends and share buybacks, one investment banking firm says.
What's Affecting Oil Prices This Week (October 14, 2019)?
For the week ahead, Stratas Advisors expect Brent to average $58/bbl as enthusiasm about a trade deal wanes.
Parsley To Acquire Jagged Peak In $2.3 Billion All-Stock Transaction
The acquisition of Jagged Peak will more than double Parsley Energy’s position in the Delaware Basin, where the companies expect to generate G&A savings of about $25 million within the first year.
Energean Oil To Sell Edison E&P’s North Sea Assets
Energean, which is focused in the Mediterranean, will sell Edison E&P’s U.K. and Norwegian units for $250 million, with additional cash contingent consideration of up to $30 million.
New Jersey Denies Permit For PennEast Natgas Pipeline
The decision followed a ruling by a U.S. appeals court in September that barred PennEast from using federal law to seize properties controlled by New Jersey to build the project.
Enterprise To Begin Expansion Of Appalachia-to-Texas Pipeline
The 1,200-mile ATEX pipeline transports ethane from the Marcellus/Utica Basin of Pennsylvania, West Virginia and Ohio to Enterprise’s NGL storage complex in Mont Belvieu, Texas.