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....

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. ...

Following its analysis through the end of August, our friends at Rystad today reports U.S. oil and gas M&A this year could surpass the $155 billion chalked up in 2023. With $100 billion already on the books in 2024, and another $46 billion in assets currently up for sale, buyers and sellers still have one-third of a year to make their final selections and bring them to the checkout counter....