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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For two Denver, Colo,-based oil and gas companies—rivals, they’ve been called—the time has become just right to combine assets and forces, specifically in the Permian. The merger between SM Energy and Civitas Resources has created a new oil and gas big dog in an all-stock deal with multi-basin interests that also include the DJ Basin, Eagle Ford, and Uinta. Reese Energy Consulting today is following the latest news from this combo valued at $12.8 billion with debt attached. After all the paperwork is signed and blessed, SM Energy will become the surviving company name. Debt reduction is paramount, and divestitures no doubt lie ahead to satisfy free cash flow and shareholder returns and settle down an antsy Wall Street. With eyeballs on the Permian, SM proforma will hold 248,000 net acres in the Midland along with a new step into the Delaware in West Texas and N.M. Outside the Permian,...
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There’s a whole lotta shakin’ goin’ on in the Haynesville right now, driven by natural gas demand from LNG export terminals and data centers....
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Validus Energy may be headquartered in Denver, but its heart beats in Okla., where within three years the company has become the state’s second-largest oil and gas producer. ...
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Lots of moving parts at work inside the latest natural gas news, starting with multiple deals that connect four players across La.’s upstream, midstream, and Gulf Coast LNG corridor. Frankly, we’re wondering how the decision pen didn’t run out of ink....
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In The Land of the Midnight Sun, Alaska’s massive natural gas resources are taking center stage in the shape of LNG. ...
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