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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If you happen to follow Ga.’s The Augusta Chronicle, you’d know a host of industry experts with interests in natural gas supply and sourcing recently joined a legislative hearing on the future of energy. ...
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Remember in the early 80s when Microsoft and Apple crept into offices overnight and laid down the law as to how People on Planet Earth would be working from that moment forward? We knew then how technology could reset how the world works. Now, some 40 odd years later, a new tech era has reset strategies by natural gas producers, midstreamers, and newcomers—all hungry for a foothold in the power gen and data center world. Old basins are new again when natural gas becomes an electron hero. Such are those in the Midcontinent. ...
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Flush with a $400 million expanded credit facility last December, Dallas-based Producers Midstream wasted little time completing Phase I of a new gathering, treating, and processing system this year in Lea County, N.M. This, while jumpstarting growth projects that relocate or repurpose its existing assets. ...
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Somewhere, Tom Ward has a divining rod and it’s not the kind that leads to water. Since the launch of Okla. City-based MACH Natural Resources in 2017, Ward has stuck to his intuition to find wealth in under-performing plays in the Mid-continent. Over time, it’s become his signature to snap up lagging or bankruptcy assets in the Anadarko, Southern Kans., and the Texas Panhandle and turn that business around. ...
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If you were a human little kid “back in the day,” there was no better snack than Cracker Jacks. Aside from its caramel-coated popcorn and peanuts, every box contained a prize. For Midland, Texas-based Permian Resources (PR), this year’s 1Q offered up the company’s latest batch of popcorn and peanut goodness in the form of Permian hydrocarbons, along with a prize in the form of a strategic acquisition that adds to their envious Delaware position....
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