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
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
Shale Plays, Pipelines
Enterprise Completes Acadian Haynesville Pipeline Extension
The Acadian extension is one of multiple projects totaling $3.8 billion Enterprise plans to put in service in 2023.
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
Exploration & Production, Shale Plays, Acquisitions & Divestitures
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.
May 31, 2023
Acquisitions & Divestitures
A&D Minute: E&Ps Keep an Eye Out for Depth, M&A [WATCH]
In this week's A&D Minute, ConocoPhillips snaps up Canadian oil sands assets in a $3 billion deal, tripping up Suncor in the process, and VTX Energy and Stronghold Energy II stay open-minded to M&A in attempts to target depth.
May 31, 2023
Super DUG, Exploration & Production, Shale Plays
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.
May 31, 2023
Investment, Legislation, Joint Ventures, Pipelines
Energy Investors Cheer Pipeline Provision in Budget Bill
A budget bill deal between Biden and McCarthy pushes pipeline construction and permitting reform and could potentially clear the way to finish Equitrans’ Mountain Valley Pipeline—news that catapulted the company’s stock.
May 30, 2023