Flower Power
When Texas-based Lotus Midstream formed in early 2018, company founders Mike Prince and Emily Baker went straight to work leveraging their heavyweight oil and gas relationships—especially their ties to Energy Transfer. ...
Read MoreWhen Texas-based Lotus Midstream formed in early 2018, company founders Mike Prince and Emily Baker went straight to work leveraging their heavyweight oil and gas relationships—especially their ties to Energy Transfer. ...
Read MoreTaking the leap in 1994 to birth Reese Energy Consulting was one of the best professional decisions I’ve ever made. ...
Read MoreReese Energy Consulting welcomes Kim McGinty as Director of Liquids Marketing. ...
Read MoreWhile the world hunkered down two years ago in the throes of COVID, Tim Duncan, CEO of Houston-based offshore producer Talos Energy, rallied a team to explore building a carbon capture and storage (CCS) business. ...
Read MoreThere’s no shortage of billion-dollar deals to be made or had this Indian Summer with today’s big announcement from the nation’s largest natural gas producer, Pa.-based EQT Corp. Reese Energy Consulting is following the latest wow acquisition, this time from the Land of CEO Toby Rice, the 38-year-old, self-proclaimed “shalennial”, where his EQT will snap up its rival Appalachian gas neighbor for $5.2 billion. The cash-and-stock deal with THQ Appalachia’s Tug Hill and Xcl Midstream offers one heck of a gas goody box in the Marcellus/Utica and adds 800 MMCFD of production to EQT’s current 5.2 BCFD. Other assets of the purchase include ~90,000 core net acres, ~300 net risked locations, 11 years of inventory, 95 miles of gathering systems connected to every major long-haul interstate pipeline in Southwest Appalachia, a 225 MMCFD processing plant, and 20 MBPD of condensate stabilization. EQT in 2020 acquired Chevron’s Appalachian upstream and midstream assets...
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