Following yesterday’s post that cast a spotlight on the oil-and-gas asset pond where the fish are biting and anglers are reeling in their catch, three new developments within the last 24 hours tell us the buyer-seller party is far from over this year. ...
Read More
While not exactly your grand-pappy’s farm pond, the fishing hole stocked with oil and gas assets for catch has been jumping with activity over the last 10 days....
Read More
Over the last two years, Utah’s Uinta has re-emerged as a prolific oil basin whose stacked plays and overall economics solidly compete with those in the Permian. But transportation of its premium-priced waxy crude to hungry refineries has long been a hitch in the basin’s giddy-up. ...
Read More
After snapping up the largest, privately held, pure-play operator in the Midland last February, Texas-based Diamondback Energy (FANG) emerged a Permian force of nature....
Read More
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....
Read More
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. ...
Read More