It might’ve cost an arm and a leg—not to mention many billion bucks—for Houston-based Chevron to finally get the keys to its stake in Guyana following its acquisition of Hess in 2023. But after all the disputes, hair pulling, and lawyers growing fat, the world’s second-largest oil and gas operator behind ExxonMobil, Chevron finds itself in a most fascinating situation. ...
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There are inevitable changes that come with oil and gas mergers, large and small. Certainly, those within the scope of Okla. City-based Devon Energy and Houston-based Coterra Energy, a $58 billion combination that will likely create the second-largest independent E&P following ConocoPhillips. ...
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Following last week’s $7.53 billion Mitsubishi Corp’s acquisition of Aethon Energy’s Haynesville gas assets, more mergers of equals are rumored to be in the works and predicted to accelerate this year....
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Denver-based Antero Resources had a lot to crow about in 3Q reported last October. But behind the scenes, a major overhaul of its asset portfolio was already at work. And a party was just getting started. ...
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The name of the book is Game Changer: Our Fifty-Year Mission to Secure America’s Energy Independence. The author, a rags-to-riches phenom and pioneer of the shale revolution who’s made an art out of unlocking tight rock with a combination of fracking and horizontal drilling. ...
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Coming off Q3, upstream and midstream players have pounced on opportunities that add oomph to their asset portfolio or waved bye-bye to basin footprints in the name of new strategic directions....
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