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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.
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.
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.
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.
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...
Comes a (Huge) New Investor for Cheniere
Houston-based Cheniere has grabbed its share of headlines recently and the latest is a doozy.
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.
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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.
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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.
Read More
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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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
Sunset Over Petra Nova
In hindsight, the $1 billion Petra Nova project seemed like a win-win.
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Conchoco, Anyone?
Looks like the cat is finally out of the bag. According to anonymous sources, ConocoPhillips is soon to acquire Midland, Texas-based Concho Resources—and by soon, we mean imminently.
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Panhandle Gets its Groove On
As the sun rose on 2020, Okla. City-based Panhandle Oil and Gas officially retired its business...
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A New Power Player Has Big Plans for New Mexico
Let’s say your hometown of 45,000 has a 45-year-old coal-fired power plant—one of about 240 left in the U.S. The coal mine that feeds the plant lies practically next door. Both the plant and coal mine employ more than 1,500 in your community. But earlier this year, the state passed legislation to decarbonize its electrical grid by 2030.
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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.
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Pipelines Dangle New Carrots in Producer Deals
Reviewing, evaluating, and negotiating contracts and agreements on behalf of producers and midstreamers has always been a big part of our business, but this year marks one the busiest as both parties adjust to the new-normal playing field. Shippers and midstream operators will always be codependent, with contracts and agreements between them to lock down the best rates and terms.
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The Magic Word is ‘Sold!’
Reese Energy Consulting is following the latest round of asset sales across the nation’s oil and gas industry as operators work to make deep dents in debt load and get leaner, faster.
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Comes a (Huge) New Investor for Cheniere
Houston-based Cheniere has grabbed its share of headlines recently and the latest is a doozy.
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Opportunities to the Max
Houston-based Max Midstream has every intention to transform the Port of Calhoun into a major crude oil export center.
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Devon + WPX = 1
Oklahoma is generating big noise today with a stunning announcement from two of the state’s largest independent oil and gas companies. Reese Energy Consulting is following news from Okla. City-based Devon Energy and Tulsa-based WPX Energy, which will merge in an all-stock deal to create a single producer powerhouse valued at $12 billion.
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