While Bill Gates sets to build an artificial sun to power the world, and a Texas family raffles off untapped mineral rights on its land at $4 per ticket, Reese Energy Consulting is following the latest news from Houston-based ConocoPhillips (COP). The company has hardly been shy about slashing $5 billion in debt after acquiring Marathon Oil in 2024 in an all-stock deal valued at $22.5 billion. ...

What a year it’s been less than two months into 2026 for oil and gas mergers, asset divestitures, and acquisitions. While buyer demand remains strong for shale opportunities, especially in the luxe-priced Permian, it’s driven more producers to seek out opportunities in other basins, including explorations of new frontiers outside the U.S. ...

In a 2017 Forbes article, writer Robert Rapier escorted the magazine’s audience on a fascinating tour of “How the Shale Boom Turned the World Upside Down”. If you recall, the nation’s oil and gas production had long ago peaked with conventional drilling and by 2005, we were in a full-blown energy crisis highly dependent on Venezuela and Saudi Arabia oil imports. And natural gas? Well, the only solution here with certainty according to one energy investor was “to pray.” ...

Among the largest privately held oil and gas companies today, few can claim witness to the Dust Bowl, fatal undoing of Bonnie and Clyde, and peak of the Great Depression. The year was 1934 when H.L. Hunt founded Hunt Oil after major discoveries in East Texas. ...

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. ...