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Laredo Bulks Up in the Permian
With all the Okla., oil and gas acquisitions practically tripping over themselves lately, Reese Energy Consulting today is looking at a quieter deal you might have missed but we think is worth noting.
Gotta Whole Lotta Love
If anything, 2020 has proven that the oil and gas industry still has a whole lotta life left for the foreseeable future. Times are uncertain, for certain. But like they say on the big screen, there’s no crying in baseball.
Outrigger Out to Conquer The West
Wasn’t quite four years ago Outrigger Energy said adios to its West Texas operations with the $1.5 billion sale of its Permian midstream assets to Targa Resources. But the company hardly looked to sever ties with The West.
Rocky Mountain HighPoint
A little more than four years, Denver-based Bonanza Creek Energy hit the reset button with a prepackaged restructuring plan, filing for then emerging from Chapter 11 bankruptcy in 100 days.
Cue the (Consolidation) Queue
With the ink barely dry on news that ConocoPhillips and Concho resources will marry in an all-stock deal valued at $9.7 billion, two more shale producers are in line to exchange vows.
Panhandle Gets its Groove On
As the sun rose on 2020, Okla. City-based Panhandle Oil and Gas officially retired its business...
Easton Energy Adds Muscle in the Gulf
Focused exclusively on developing infrastructure to support the transportation, storage, and processing of NGLs, refined products, and petrochemicals, Houston-based Easton Energy is stepping up its game as a serious midstream player in the Gulf Coast hubs.
A TKO Looms in Appalachia
In what could be a stunning one-two punch, Pittsburgh-based natural gas giant EQT looks to score two big prizes that would mark CEO Toby Rice’s first deals since being named to his post in July last year.
Midstreamers Announce Open Seasons
Dallas-based Navigator Energy has launched a binding open season for expansion of the company’s planned Borger Express Pipeline, which will extend from the Cushing Hub to Borger, Texas.
As a popular social media blogger, Steve Reese has gained an exceptional following from oil and gas professionals across the country who follow his posts throughout the week. His articles regularly trend among the top contributors in the energy industry with the news, information and insight that’s made him a fresh thought leader.
LATEST POSTS
Gotta Whole Lotta Love
If anything, 2020 has proven that the oil and gas industry still has a whole lotta life left for the foreseeable future. Times are uncertain, for certain. But like they say on the big screen, there’s no crying in baseball.
Read More
Laredo Bulks Up in the Permian
With all the Okla., oil and gas acquisitions practically tripping over themselves lately, Reese Energy Consulting today is looking at a quieter deal you might have missed but we think is worth noting.
Read More
Another Big Move in Oklahoma Energy
The bid process has wrapped up and the winner announced for Okla. City-based Chesapeake Energy’s Mid-Continent assets, writing a new—some might say brighter—chapter to the E&P’s storied history following its Chapter 11 bankruptcy in April.
Read More
The Great Alaska LNG Project 2.0
Bill Walker served only one term as Alaska governor. But upon leaving his post in 2018, he was anything but retired from championing what could become the world’s largest LNG complex along with an 807-mile natural gas pipeline to flow supplies from Prudhoe Bay.
Read More
Easton Energy Adds Muscle in the Gulf
Focused exclusively on developing infrastructure to support the transportation, storage, and processing of NGLs, refined products, and petrochemicals, Houston-based Easton Energy is stepping up its game as a serious midstream player in the Gulf Coast hubs.
Read More
Rocky Mountain HighPoint
A little more than four years, Denver-based Bonanza Creek Energy hit the reset button with a prepackaged restructuring plan, filing for then emerging from Chapter 11 bankruptcy in 100 days.
Read More
Matador Waves a Big Flag
When there’s good news to share from oil and gas independents that not only continue to weather the perfect crap-storm of 2020 but manage to outwit it, there’s cause for applause.
Read More
A New Day for Denbury
Two months after emerging from Chapter 11 bankruptcy, Plano, Texas-based Denbury Resources—the nation’s only publicly traded company focused exclusively on CO2 enhanced oil recovery—has repurchased two CO2 pipelines the company sold in 2008.
Read More
The Heat Is On
A global foot race is heating up for a share of what could become a $700 billion industry that embraces hydrogen technology in the world’s efforts to reduce emissions.
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Worth a Share…
With all the talk about sending the fossil fuels industry packing in favor of renewables, a reminder is in order of what even one day without oil and gas would look like.
Read More
A TKO Looms in Appalachia
In what could be a stunning one-two punch, Pittsburgh-based natural gas giant EQT looks to score two big prizes that would mark CEO Toby Rice’s first deals since being named to his post in July last year.
Read More
A Contango Fandango?
In its figurative term, “fandango” is a synonym to describe a “brilliant exploit.” For Houston-based Contango Oil and Gas, that may well sum up its rationale to scoop up Tulsa-based Mid-Con Energy in an all stock merger valued at $400 million.
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We Heard It Through the Pipeline
The state of Texas lays claim to the nation’s largest pipeline infrastructure at 479,798 miles. As a point of comparison, the circumference of Earth is about 24,901 miles. This means the amount of pipe sprawled beneath the surface of the Lone Star State alone could wrap around the globe more than 19 times.
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A Boast to Boost for Kinder Morgan
Houston-based midstream giant Kinder Morgan received a spot of good news today in the form of a FERC thumbs-up to begin construction on the company’s $143 million Acadiana Natural Gas Project.
Read More
Cue the (Consolidation) Queue
With the ink barely dry on news that ConocoPhillips and Concho resources will marry in an all-stock deal valued at $9.7 billion, two more shale producers are in line to exchange vows.
Read More
