Reese Energy Consulting today spotlights the oil and gas producers and midstreamers, which recently have made moves to realign portfolios, add oomph to basin positions, and wave see-you-later-bye to inherited assets. ...
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Some small-town Texas boys working as farmhands on family land have dreams of something bigger or altogether different for their future. Mike Howard was one of those back in his childhood....
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It must’ve been a tough pill to swallow for Nick Dell’Osso last February. Three months ago, the CEO of Okla. City-based Expand Energy, who led the company to become the nation’s largest natural gas producer, faced a board decision to relocate headquarter operations and top-level executives to Houston. After 17 years with Expand (previously Chesapeake Energy) and less than six years in the pilot seat where he navigated the merger of Chesapeake and Southwestern Energy, Dell’Osso decided to wave goodbye. ...
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When a company’s CEO, president, and board member, abruptly steps down from his positions effective immediately, chances are there’s more to the story than a press release thanking him for his service. ...
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While Bill Gates sets to build an artificial sun to power the world, and a Texas family raffles off untapped mineral rights on its land at $4 per ticket, Reese Energy Consulting is following the latest news from Houston-based ConocoPhillips (COP). The company has hardly been shy about slashing $5 billion in debt after acquiring Marathon Oil in 2024 in an all-stock deal valued at $22.5 billion. ...
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What a year it’s been less than two months into 2026 for oil and gas mergers, asset divestitures, and acquisitions. While buyer demand remains strong for shale opportunities, especially in the luxe-priced Permian, it’s driven more producers to seek out opportunities in other basins, including explorations of new frontiers outside the U.S. ...
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