More Top Stories in Shale Plays

Crude Oil, Acquisitions & Divestitures, Shale Plays, CERAWeek

Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess

Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.

March 24, 2024

Midstream, Acquisitions & Divestitures

Summit Midstream Sells Utica Interests to MPLX for $625MM

Summit Midstream is selling Utica assets to MPLX, which include a natural gas and condensate pipeline network and storage.

March 22, 2024

Natural Gas, Liquefied Natural Gas (LNG), CERAWeek

CERAWeek: Two Minutes with EQT’s Toby Rice on Energy Security

EQT Corp. President and CEO Toby Z. Rice spoke to Hart Energy on March 20 on the sidelines of CERAWeek by S&P Global to discuss natural gas infrastructure bottlenecks, energy security and the company’s advances on LNG.

March 22, 2024

CERAWeek, International, Natural Gas, Crude Oil

CERAWeek: BP Could Sanction GoM’s Kaskida this Year, CEO Says

BP Plc is eyeing the sanction of its Kaskida deepwater project in the Gulf of Mexico in 2024, the company’s CEO Murray Auchincloss said during CERAWeek by S&P Global.

March 21, 2024

Investment, People, Exploration & Production

Jerry Jones Invests Another $100MM in Comstock Resources

Dallas Cowboys owner and Comstock Resources majority shareholder Jerry Jones is investing another $100 million in the company.

March 20, 2024

Acquisitions & Divestitures, Trends, Shale Plays, CERAWeek

ConocoPhillips CEO Ryan Lance: Upstream M&A Wave ‘Not Done’ Yet

Dealmaking in the upstream oil and gas industry totaled $234 billion in 2023. The trend shows no signs of slowing, ConocoPhillips CEO Ryan Lance said at the CERAWeek by S&P Global conference.

March 19, 2024

Liquefied Natural Gas (LNG), Shale Plays, CERAWeek

CERAWeek: CEO Patrick Pouyanné Jokes that Texas is TotalEnergies’ ‘El Dorado’

TotalEnergies CEO Patrick Pouyanné said during CERAWeek by S&P Global that Texas was important for his company, which he jokingly called the French company’s “El Dorado” due to the state’s love for oil, gas and renewables.

March 19, 2024

Shale Plays, Mergers, Trends, CERAWeek

CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps

Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.

March 18, 2024

Pipelines, Natural Gas, Liquefied Natural Gas (LNG)

Waha NatGas Prices Go Negative

An Enterprise Partners executive said conditions make for a strong LNG export market at an industry lunch on March 14. 

March 14, 2024

Business, Mergers, Exploration & Production

Kimmeridge Fast Forwards on SilverBow with Takeover Bid

Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.

March 13, 2024