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Exclusive 360 Energy Expert Network Video Interview: EnergyNet – 2020 has started slow for A&D transaction, but a storm is on the horizon

Exclusive 360 Energy Expert Network Video Interview: EnergyNet – 2020 has started slow for A&D transaction, but a storm is on the horizon

We are joined by Chris Atherton, Chief Executive Officer and President, of EnergyNet, LLC. Blanca Andrus, CFO, EnerCom, and I have the opportunity to cover a nice conversation with Chris covering the largest technology-enabled upstream oil and gas

Exclusive 360 Energy Expert Network Video Interview: Rare Petro – the Enabler of remote operations in the oil patch

Exclusive 360 Energy Expert Network Video Interview: Rare Petro – the Enabler of remote operations in the oil patch

Rare Petro is the "Enabler" for remote employee work, data and leveraging the modern business systems. Some parts of the  oil field has not always accepted, or adapted, technology until now.

 

Anthony McDaniels, CEO, Rare Petro, started his company

WEIGHING UNDER 500 POUNDS IT’S THE LIGHTEST, BRIGHTEST RIG MOUNTED SITE LIGHTING SYSTEM THAT EXISTS.

Wyoming Oil Field Service company expands to North and South America saving money and the environment along the way

Texas-Crown Jewel Lighting System -oilandgas360

WEIGHING UNDER 500 POUNDS IT’S THE LIGHTEST, BRIGHTEST RIG MOUNTED SITE LIGHTING SYSTEM THAT EXISTS.


 

JCA Companies and it's subsidiary C-MOR Energy Services are experts in oil field safety, and how to prevent slips and trips in the

Source: Reuters

Trump Announces Massive Oil Purchase for Strategic Petroleum Reserve

The move is expected to provide some relief to U.S. oil producers like ExxonMobil (NYSE: XOM) and ConocoPhillips (NYSE: COP), which have been hurt by the fall in crude oil prices triggered by the Saudi Arabia-Russia oil price war.…

March 13, 2020 - 8:37 pm Crude Oil News, Popular 3, Press Releases
Source: CNBC

Billionaire Sam Zell says he is buying some ‘ridiculously low’ stocks in the wild market swings

CNBC


Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he’s been taking advantage of the stock market’s volatility.

The billionaire founder of Equity Group Investments said in a “Squawk Box” interview that “We’ve …

Sen. Bernie Sanders, seen in May 2019, has one of the most ambitious climate change plans among 2020 Democratic presidential contenders, but his opponents say it’s unrealistic. Alex Wong/Getty Images

5 things to know about Bernie Sanders’s aggressive climate strategy

Vox 


Sen. Bernie Sanders is now the frontrunner for the Democratic nomination in the 2020 presidential election, according to recent nationwide polls.

Since climate change is likely to come up at Wednesday night’s debate in Nevada (where he also

EnerCom Dallas – Energy Transitions & Humans presented by Chris Wright, Liberty Oil Field Services

EnerCom Dallas – Energy Transitions & Humans presented by Chris Wright, Liberty Oil Field Services

Chris Wright, CEO, Liberty Oil Field Services  presented the lunch key note. The presentation live streamed, and the recorded presentation is below. 

 

This is a MUST watch presentation for anyone that is a human. Chris is passionate about

Canadian construction labour demand to intensify over short term; will require more than 300,000 new workers over decade

Canadian construction labour demand to intensify over short term; will require more than 300,000 new workers over decade

Canadian construction labour demand to intensify over short term; will require more than 300,000 new workers over decade

Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production

Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production


From a valuation perspective, a fraccing ban would theoretically affect the full acreage potential and hence negatively impact the total portfolio value for some E&Ps. Rystad Energy research indicates that as much as US$36.5 billion in upstream asset
GREG NASH

Sanders introduces bill to ban fracking

The Hill



Sen. Bernie Sanders (I-Vt.) this week introduced a bill that aims to ban hydraulic fracking.

The bill was introduced on Tuesday and is titled “a bill to ban the practice of hydraulic fracturing, and for other purposes,” according …

Source: Houston Chronicle

Oil heads for biggest monthly loss since May

Houston Chronicle


Oil headed for its biggest monthly drop since May as Asia’s coronavirus spread, stoking concerns that demand for transportation fuels will shrink.

Futures were little changed in New York on Friday, after sliding to a five-month low on …

One of Europe’s most modern gas-fired power plants: Coastal power plant in Kiel (Copyright: Stadtwerke Kiel AG)

Germany Launches One of Europe’s Most Modern Gas-Fired Power Plants Replacing Coal-Fired Power Station

Germany Launches One of Europe’s Most Modern Gas-Fired Power Plants Replacing Coal-Fired Power Station

Senators Deploy Cancel Culture Strategy Against Marathon Oil

Senators Deploy Cancel Culture Strategy Against Marathon Oil

"The cancel culture is legit when some senators from Washington use the power of the government to do a mob-style shakedown"
Senators Sheldon Whitehouse- Brian Schatz - Martin Heinrich

Recently three Democratic Senators – Senators Sheldon Whitehouse of Rhode Island,

U.S. Oil & Gas M&A poised for recovery after challenging 2019

U.S. Oil & Gas M&A poised for recovery after challenging 2019

Enverus


Decade closes with more than half a trillion dollars spent on shale assets

AUSTIN Enverus, the leading oil & gas SaaS and data analytics company, has released its summary of 2019 deal activity and its outlook for 2020. Enverus

Drilling and natural fracking wells in the Haynesville shale in East Texas lead by Exxon Mobil’s shale arm XTO Energy

Drilling Down: Top Texas drillers of 2019

Chron


A huge push in West Texas has allowed oil major Exxon Mobil to unseat Houston exploration and production company EOG Resources as the top driller in Texas.

Exxon Mobil’s shale arm XTO Energy filed for 659 drilling permits with …

Source: apnews.com

Syria hands oil exploration contracts to two Russian firms

Reuters


BEIRUT – Syria’s parliament has approved contracts for oil exploration with two Russian companies in an effort to boost production hit by more than eight years of war and Western sanctions.

State news agency SANA said the deals cover …

General Electric’s Paris-based unit GE Renewable Energy introduced the Haliade-X 12 MW in July. Standing nearly 850 feet tall, with three rotors each spanning more than 720 feet, a single Haliade-X can power up to 16,000 homes.
GE Renewable Energy

US has only one offshore wind energy farm, but a $70 billion market is on the way

CNBC


According to the Department of Energy, offshore wind has the potential to generate more than 2,000 GW of capacity per year, nearly double the nation’s current electricity use. Even if only 1% of that potential is captured, nearly 6.5

Permian drilling must pick up just to maintain current production.

Permian drilling must pick up just to maintain current production.

Chron –


In 2019, Permian production started the year at 3.8 million barrels per day, a million barrels higher than 2018.

Drilling activity in the booming Permian Basin must accelerate just in order to maintain current production volumes, according to …

December 12, 2019 - 9:19 am Closing Bell Story‎, Energy News, Popular 3
Climate activists protest on the first day of the Exxon Mobil trial outside the New York State Supreme Court building on October 22, 2019 in New York City.
Angela Weiss | AFP | Getty Images

Exxon found not guilty in New York climate change case, ending 4-year saga for oil company

CNBC


The $1.6 billion suit brought by New York Attorney General Letitia James alleged that Exxon deceived investors about the true cost of climate change.

Exxon did not mislead shareholders over the true cost of climate change, New York Supreme

Source: Reuters/Richard Brian

Cowboys owner Jerry Jones has a long-term game plan for Haynesville gas

Reuters


At a time when companies in a U.S. natural gas field have been losing money and exiting Louisiana’s Haynesville shale basin, Dallas Cowboys’ owner Jerry Jones’ Comstock Resources (CRK.N) is picking up cheap assets, betting on the …

Source: Houston Chronicle

Cheniere executive put on ‘garden leave’ ahead of exiting company

Source: Houston Chronicle


One of the top executives for Houston liquefied natural gas company Cheniere Energy is being placed on “garden leave” some three months before he leaves the company.

In a Friday afternoon filing with the U.S. Securities and …

Source The Houston Business Journal

Former Tudor Pickering Holt leader spins out energy asset management firm

From The Houston Business Journal


Nearly three years after Houston-based energy investment banking firm Tudor, Pickering, Holt & Co. became part of New York-based financial services firm Perella Weinberg Partners, Dan Pickering is spinning off his own firm.

Pickering spun

September 10, 2019 - 11:55 am Capital Markets, Closing Bell Story‎, People, Popular 3
Kayne Anderson Makes $100 Million Upstream Investment

Kayne Anderson Makes $100 Million Upstream Investment

By Tyler Losier, Energy Reporter, Oil & Gas 360

Kayne Anderson Energy Fund VIII invests $100 million in newly-formed Indianola Energy
Kayne Anderson Capital Advisors LP, through its Kayne Anderson Energy Fund VIII LP, has made a $100 million equity

Source: Abraxas Petroleum

Saltstone Capital Pens Scathing Letter to Abraxas Petroleum

By Tyler Losier, Energy Reporter, Oil & Gas 360

Saltstone Capital Management calls for special committee of the board to review strategic alternatives
Billy Bailey, founder and portfolio manager for Saltstone Capital Management LLC, penned a scathing letter to Abraxas

Iran Seizes Two More Tankers as Strait of Hormuz Tension Escalates

Iran Seizes Two More Tankers as Strait of Hormuz Tension Escalates

By Tyler Losier, Energy Reporter, Oil & Gas 360

British and Liberian-flagged vessels seized by Iran, who President Trump calls “nothing but trouble”
Iran has seized two oil tankers – one British-flagged and one Liberian-flagged – in the Strait of

Source: Mach Resources

Private Equity Firm Forms Second Partnership With E&P

By Tyler Losier, Energy Reporter, Oil & Gas 360

Mach Resources and Bayou City Energy form BCE-Mach II LLC, signs two PSAs
Mach Resources, an independent E&P founded in January of 2017, and upstream-focused private equity firm Bayou City Energy,

KKR, WildHorse Resource’s Graham Dive into “Multi-Billion Dollar Investment Partnership” with Spur Energy Partners

KKR, WildHorse Resource’s Graham Dive into “Multi-Billion Dollar Investment Partnership” with Spur Energy Partners

Spur, KKR start with Permian Northwest Shelf acquisition
Looks like a new muscle car is pulling into the Permian Basin. And it's powered by a full tank of high octane gas.

Spur Energy Partners LLC, led by co-founder and former

New Era for Colorado Oil and Gas Permitting and Regulation Starts Now - Oil & Gas 360

New Era for Colorado Oil and Gas Permitting and Regulation Starts Now

Colorado Governor Jared Polis held a brief bill signing ceremony today at which he signed Senate Bill 19-181 into law. The act that overhauls much of Colorado's energy regulation landscape became law today, effective immediately after being signed into law

Chevron CEO Michael Wirth Talks about what Chevron is Getting with the Acquisition of Anadarko

Chevron CEO Michael Wirth Talks about what Chevron is Getting with the Acquisition of Anadarko

Chevron (stock ticker: CVX, $CVX) Chairman and CEO Michael Wirth went on the morning cable business shows and hosted a conference call today, saying his company’s acquisition of Anadarko Petroleum (stock ticker: APC, $APC) is “the highest return investment dollar

Source: QEP Resources

Jagged Peak Supporting 5 Rigs, 1 Completion Crew in Southern Delaware

Eyes 15% cost savings in 2019
By Richard Rostad, analyst, Oil & Gas 360

Jagged Peak Energy (ticker: JAG) announced fourth quarter results and reserves today, showing net income of $186.3 million, or $0.87 per share. Most of this profit