- Permian
- Mid-Continent
- Bakken
- DJ Basin
- Eagle Ford
- Haynesville
- Gulf Coast
- Marcellus / Utica
- Powder River
Shovel, Meet Dirt
It’s about as rare as a unicorn these days to watch an oil and gas stock price zoom into the stratosphere, but that’s exactly what happened today in pre-market trading for Houston-based Summit Midstream.
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.
All Fired Up
Bakken Midstream Natural Gas to develop the largest electrical plant fueled by N.D.'s plentiful ethane.
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.
Jumpin’ Jack Flash…
Hang on to your hats in the gas-rich Haynesville. Reese Energy Consulting today is studying a sequence of events that foretell a nice fat bump for producers there through at least the first half of 2021.
Shovel, Meet Dirt
It’s about as rare as a unicorn these days to watch an oil and gas stock price zoom into the stratosphere, but that’s exactly what happened today in pre-market trading for Houston-based Summit Midstream.
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.
Wyoming Preps for a Drilling Bonanza
Little more than six years ago, five independent E&Ps signed on to propose a drilling project in the Powder River Basin. But these were no ordinary producers and what they collectively proposed was no ordinary project.

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
All Fired Up
Bakken Midstream Natural Gas to develop the largest electrical plant fueled by N.D.’s plentiful ethane.
Read MoreShovel, Meet Dirt
It’s about as rare as a unicorn these days to watch an oil and gas stock price zoom into the stratosphere, but that’s exactly what happened today in pre-market trading for Houston-based Summit Midstream.
Read MoreWyoming Preps for a Drilling Bonanza
Little more than six years ago, five independent E&Ps signed on to propose a drilling project in the Powder River Basin. But these were no ordinary producers and what they collectively proposed was no ordinary project.
Read MoreJumpin’ Jack Flash…
Hang on to your hats in the gas-rich Haynesville. Reese Energy Consulting today is studying a sequence of events that foretell a nice fat bump for producers there through at least the first half of 2021.
Read MoreAn Enterprising Achievement
Houston-based Enterprise Products wrapped up a daunting year on a note worth celebrating with service startup of a new 30,000-ton ethylene refrigerated storage tank at its Morgan’s Point, Texas, export terminal.
Read MoreHas Hydrogen Slapped Us Awake (Yet)?
Japan isn’t fooling around about its intent to create a hydrogen society; it’s well on its way.
Read MoreA Look in the Rear View, Part II
The oil and gas industry’s adaption of renewable energies quickened its pace in 2020 as producers, midstream operators, and refiners rolled out new initiatives and investments to power their operations and reduce emissions. Here’s a look at just a few.
Read MoreA Look in the Rear View, Part I
With the end of 2020 mercifully in sight, Top 10 lists of the year’s most defining events in the oil and gas industry have begun to pop up. REC won’t be compiling such a list because, frankly, ours would cover at least 100+.
Read MoreTwo Sweet Bites for Diamondback
Midland, Texas-based Diamondback Energy is as much at home in the Permian as its indigenous rattler namesake. Formed in 2007 with an initial acquisition of 4,174 net acres, Diamondback has continued to expand its presence in the Land of Crude Oil Honey, also known as the Midland and Delaware sub-basins.
Read MoreYes, Va., (Pa., Ga., and the Carolinas), There Really Is a Santa Claus
Tulsa-based Williams is no doubt celebrating this week’s countdown to Christmas with the completion of three pipeline expansions arriving under budget and ahead of schedule.
Read MoreTailwinds for Venture Global LNG
REC today is following the latest news from Va.-based Venture Global LNG. which just announced construction of its Calcasieu, La., terminal is ahead of schedule with the first six of 18 production trains to be installed by February.
Read MorePinnacle’s Second Act
Reese Energy Consulting today is following the latest news from Houston-based Pinnacle II, which is set to replicate its success as a savvy developer and operator of critical oil and gas infrastructure.
Read MoreStaking a (Bigger) Claim in the San Andres
Stakeholder Midstream found its sweet spot four years ago in the Permian’s San Andres play when producers there were only starting to discover the formation’s new potential with applied horizontal drilling.
Read MoreThird Coast Gets Skinny
Houston-based Third Coast Midstream this year has shed weight faster than a Jenny Craig plan to focus exclusively on its core Gulf of Mexico infrastructure platform.
Read MorePermian Gains a New Highway
Reese Energy Consulting today offers a big congratulations to Houston-based Kinder Morgan, which just announced operations on the storied Permian Highway Pipeline.
Read More