Over the last two years, Utah’s Uinta has re-emerged as a prolific oil basin whose stacked plays and overall economics solidly compete with those in the Permian. But transportation of its premium-priced waxy crude to hungry refineries has long been a hitch in the basin’s giddy-up. ...
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After snapping up the largest, privately held, pure-play operator in the Midland last February, Texas-based Diamondback Energy (FANG) emerged a Permian force of nature....
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Reese Energy Consulting today takes a side road off Wall Street and the comes-as-no-surprise record oil production announced by ExxonMobil and Chevron. Our side road instead takes us to the latest news from Ga.-based Colonial Pipeline Company and Houston-based TG Natural Resources (TGNR), also known as Tokyo Gas. Sometimes, the side roads are just more scenic....
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Meet Orville Mertins, Cliff Stover, and Philip Lawrence. Three intrepid engineers right at home in the trenches no matter which basin calls them there. With a combined 123 years of midstream field experience in gas measurement, sampling, and commissioning natural gas assets just for starters, these are the hound dogs that producers want on an auditing project to sniff out areas where they could be losing revenues....
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For producers and midstreamers that have made multi-billion-dollar acquisitions in the era of consolidation now two years in, slashing debt is front and center if a CEO hopes to sleep at night and keep a happy face on their debt-to-capital ratio. ...
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Permian natural gas producers and three interstate pipeline operators are starting to wipe the sweat and feel the love with the startup of the Matterhorn Express. The 490-mile, 2.5 BCFD capacity pipeline, is now ready-set-go to transport orphan gas supplies from the Waha Hub to the Katy area outside of Houston, and on to Gulf Coast markets and LNG export plants....
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