Patrick
McGee
Hart Energy
Shale Plays
US Shale’s Lost Its Swing, OPEC Needed to Fill Gap
Energy Aspect said OPEC is in the driver's seat as U.S. shale plays and the Gulf of Mexico, Permian Basin will see oil growth taper next year.
Family Behind Stronghold Energy Raises $500MM for Permian Deals
After selling Stronghold Energy II to Ring Energy for $465 million last year, Steve and Caleb Weatherl aim to develop another Permian position with their new E&P, Garrison Energy.
SUPER DUG: E&Ps Explore Emerging Basins, Deeper Zones in Inventory Hunt
As producers scramble to extend their inventory runways, companies are drilling deeper test wells in the Permian Basin and exploring emerging plays in the Lower 48.
VTX Seeks More Southern Delaware M&A, May Step Outside Permian
After closing an acquisition in Pecos and Reeves counties, Texas, with a value of at least $1.5 billion, Vitol-backed VTX Energy Partners aims to grow larger.
More Top Stories in Shale Plays
Legislation, Pipelines, Construction
Exclusive: Equitrans CEO – MVP’s Approval Can Be ‘Canary in the Coal Mine’
Equitrans CEO Tom Karam said he’s thrilled with the definitive approval of Mountain Valley Pipeline, which could lead to further reform of U.S. permitting regulations.
June 6, 2023
Midstream, Water Management, ESG
Produced Water Producing Results
After years of skepticism surrounding the reuse of produced water, experts say it’s a new day and age for the water midstream sector.
June 6, 2023
Acquisitions & Divestitures, Shale Plays
Exclusive: VTX Energy Adds More Southern Delaware Acreage, CEO Says
VTX Energy Partners, backed by Swiss energy trader Vitol, is expanding its southern Delaware Basin footprint to 47,000 net acres through a bolt-on acquisition, CEO Shepherd says.
June 5, 2023
Exploration & Production
The Great Eagle Ford Refrac
Recompletions in the Eagle Ford are underway, with future refrac wells identified by companies such as Devon Energy and Murphy Oil.
June 5, 2023
Shale Plays, Acquisitions & Divestitures, Mergers
Mineral Deal Valuations, Teams Evolve
Experts say U.S. minerals and royalties teams are getting bigger, holding acreage for longer periods and bringing a more sophisticated approach to M&A.
June 5, 2023
Investment, Legislation, Infrastructure, Joint Ventures, Construction, Pipelines
Passage of Debt Bill Clears Way for MVP, Swifter Permitting for Infrastructure
The MVP natural gas pipeline and a swifter permitting process win as debt ceiling legislation weathers resistance from senators.
June 2, 2023
Super DUG, Exploration & Production
SUPER DUG: Enerplus Banks on ‘Underappreciated’ Bakken, Refracs
Enerplus COO Wade Hutchings expects the company to generate free cash flow of $475 million in 2023 with plans to launch refracturing efforts in the Bakken while easing down Marcellus Shale production.
June 2, 2023
Service Contracts, Storage, Pipelines
Kinder Morgan to Add Storage Capacity on Texas System
Kinder Morgan’s expansion, for which it is soliciting interested shippers, will increase working storage capacity by more than 6 Bcf, the company said.
June 1, 2023
Energy Transition, Technology, Midstream
SUPER DUG: XRI's Durand on Midstream Water's Evolution [WATCH]
Hart Energy's technology editor Jennifer Pallanich sat down with XRI Holding's John Durand to talk about the past and future evolution of midstream water, as well as the parallels and differences in the company's expansion into Canada.
June 1, 2023
Company Profiles, Crude Oil
The Biggest Little Producer in the Permian
Mewbourne Oil CEO Ken Waits shares the strategy that propelled the 58-year-old private company to the top of the nation’s most prolific play, the Permian Basin.
June 1, 2023