President and CEO Rick Muncrief details Devon's course since its merger with WPX Energy; its deals in the Eagle Ford and Bakken; and the almighty dividend.
Civitas Resources in the D-J Basin is aligning executive compensation with stakeholders, meeting emissions reduction targets and is on target to generate $1 billion in annual free cash flow this year. And inside its C-suite, a millennial woman from Colombia is showing everyone how it’s done.
Ryan Lance, E&P leader at the helm of ConocoPhillips Co., has worked with peers and governments throughout the world. On the energy future, he says, “It’s really going to take ‘all the above.’”
Charif Souki was the first to new-build a U.S. LNG import plant this century. He followed with the first Lower 48 LNG export plant. His thoughts on this 2022 chapter of the global natural gas story include “misery” and “nervous” and “total nonsense.”
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.
Under the leadership of Pratima Rangarajan, OGCI Climate Investments, the independently managed investment arm of CEO-led Oil and Gas Climate Initiative, has backed 80 pilot projects and invested in 29 companies during the past five years. The plan for the next five years? More investments, more innovation and more motivation than ever to limit global warming.
Four years after picking up a Haynesville, Eagle Ford and Delaware Basin package for $10.5 billion, BPX Energy is delivering $1 billion a year in free cash flow to parent BP Plc. CEO Dave Lawler spoke with Oil and Gas Investor Executive Editor-at-large Nissa Darbonne on the company’s 2022 outlook and more.
From LNG exports and energy security to infrastructure and decarbonization, EQT Corp. CEO Toby Rice has been a vocal advocate for U.S. natural gas. Is the message getting through?
The Williston Basin has the ideal properties for long-term carbon storage, Continental Resources Founder Harold Hamm told Hart Energy at an event in Fargo, N.D. announcing the shale producer’s first carbon capture project.
Can the Permian Basin–the most prolific basin in the U.S.—turn on a dime, or $100 oil?
Just as the E&P sector changed its focus from growth and even sprawling net acreage to capital discipline, dealmaking in 2021 and beyond has been altered into a single question: Does it make money?
Margins are strong in the multistream SCOOP, STACK and Merge where operators are dialing up the hydrocarbon weighting they want from any given rig. Yet, any stream—oil, gas, NGL—will make the numbers these days.