Podcasts about eagle ford

Kyle Koontz is Chief Executive Officer of BPX Energy, headquartered in Denver. In September 2018, BPX Energy formally opened its 160,000-square-foot headquarters in Denver. From there, BPX manages world-class assets in the Permian and Eagle Ford basins in Texas, and Haynesville Basin in Texas and Louisiana. BPX supports more than 1,900 jobs throughout the state and has spent more than $1.5 million within local communities in support of education, the environment and Denver homeless shelters since 2019. At the helm of BPX Energy, Kyle's focus is on steering the company through a transformative era in the energy sector. He maintains a strategic approach to asset management, fostering a culture of safety, environmental stewardship, and financial prudence. With almost two decades of experience in the industry, Kyle's expertise lies in manufacturing process improvement and new business development, ensuring BPX Energy thrives in a competitive market. Hosted by Colorado Business Roundtable President Debbie Brown.  Rate, review and subscribe on your favorite podcatcher. For more of our events, podcasts, and news, please visit the Colorado Business Roundtable website.

Petrohawk wasn't just another company, it flipped the whole shale game on its head, and we've got the guys who lived it telling the real story. From throwing out the old playbook and betting big in the Haynesville and Eagle Ford, to building a culture where collaboration actually meant something, Dick Stoneburner and Steve Herod spill the good stuff, wild deals, big risks, and billion-dollar wins. They talk about navigating private equity, spotting opportunities no one else saw, and what today's energy world looks like compared to the wild west days of the shale boom. Plus, they share what they wish they knew when they were just starting out. It's sharp, it's honest, and yeah, it's pretty damn entertaining.Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.Click here to watch a video of this episode. 00:00 - How Dick and Steve Met04:58 - Jim Flores Stories from Dick and Steve09:48 - Petrohawk's Culture and Creation12:49 - Insights on Weldon Holcomb16:25 - Advice for Young Professionals18:26 - Starting a Company Today21:00 - Investor Guidance and Insights22:06 - Haynesville and Eagle Ford Acreage Wars33:07 - Innovations on the Horizon in Oil35:54 - Understanding Shale Operations39:35 - Navigating Regulatory Challenges41:15 - Current State of Oil Regulation43:37 - Podcast Wrap-Up and Key Takeawayshttps://www.instagram.com/digitalwildcattershttps://www.tiktok.com/@digitalwildcattershttps://www.facebook.com/digitalwildcattershttps://www.linkedin.com/company/digitalwildcattershttps://twitter.com/DWildcattershttps://www.youtube.com/@digitalwildcatters

Greetings, and welcome back to the podcast.This episode we are joined by Mr. Rob Broen - President & CEO of Athabasca Oil - a Calgary based energy company listed on the TSX, with a market cap of ~$3 billion. Mr. Broen Joined Athabasca in November 2012 as Senior Vice President Light Oil, and was Promoted to Chief Operating Officer in 2013, and CEO in 2015.Mr. Broen has over 25 years of exploration and production experience including 18 years with Talisman Energy in various technical and management capacities (President, Talisman Energy USA Inc. and Senior Vice President, North American Shale). At Talisman, Mr. Broen managed capital budgets over $1 billion and a 120,000 boe/d North American shale portfolio (Montney, Duvernay, Marcellus and Eagle Ford).Mr. Broen earned a Bachelor of Science in chemical engineering from the University of Alberta, and is a graduate of the Ivey Executive Program at the Richard Ivey School of Business.Among other things we disused Stock Buybacks, 80 Years of Reserves & Why Return of Free Cash Flow is Good for Investors.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEnergy United Upgrade LabsCanada ActionSupport the show

Representatives of crude oil and natural gas company ConocoPhillips present a ,500 donation to Dr. Jason Gilstrap (second from right), superintendent of the Floresville Independent School District, in late December. The funds, from the company's Eagle Ford charity golf event, will go toward scholarships for district students.Article Link

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner covers key energy headlines for December 5, 2024, including China's ambitious plans to approve 100 nuclear reactors by 2035 to address air pollution and California's challenges with orphaned oil wells due to stringent regulations on abandonment costs. He highlights market updates, including a crude oil inventory draw and OPEC production cut deliberations, and discusses Crescent Energy's $905 million Eagle Ford acquisition. Tanner wraps up by noting upcoming solo shows from Florida and a Saturday weekly recap.Highlights of the Podcast00:00 - Intro00:54 - China Could Approve 100 New Nuclear Reactors by 203502:46 - Why No One Wants California's Orphaned Oil Wells06:55 - Markets Update07:32 - EIA: Weekly Petroleum Status Report09:00 - Crescent Energy Announces Accretive Central Eagle Ford Bolt-On11:12 - OutroPlease see the links below or articles that we discuss in the podcast.China Could Approve 100 New Nuclear Reactors by 2035Why No One Wants California's Orphaned Oil WellsFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

Ran Oliver (CEO) and Court Roueche (COO) from Viking Minerals join the podcast to discuss their approach to the ground game, break down their recent exits, and examine the current state of affairs in the Eagle Ford. A big thanks to our 4 Minerals & Royalties Podcast Sponsors: --R. Reese & Associates: If you are interested in outsourcing and/or bolstering your legal department, then please contact Rachel Reese at 832-831-2289 or visit www.rreeselaw.com to learn more. --Riverbend Energy Group: If you are interested in discussing the sale of your Minerals and/or NonOp interests w/ Riverbend, then please visit www.riverbendenergygroup.com for more information --Farmers National Company: For more information on Farmer's land management services, please visit www.fncenergy.com or email energy@farmersnational.com --Oseberg: For more information on the software & data analytics tools that Oseberg has to offer, please visit www.oseberg.io.

Randy Newcomer (CEO) and Scott Rice (COO) from Riverbend Energy Group join the podcast to walk through Riverbend's 20+ year history in the Minerals & NonOp space as well as their ongoing strategies in the Bakken, Midland Basin, Delaware Basin, and Eagle Ford. A big thanks to our 5 Minerals & Royalties Podcast Sponsors: --R. Reese & Associates: If you are interested in outsourcing and/or bolstering your legal department, then please contact Rachel Reese at 832-831-2289 or visit www.rreeselaw.com to learn more. --Riverbend Energy Group: If you are interested in discussing the sale of your Minerals and/or NonOp interests w/ Riverbend, then please visit www.riverbendenergygroup.com for more information --Farmers National Company: For more information on Farmer's land management services, please visit www.fncenergy.com or email energy@farmersnational.com --Opportune: For more information on Opportune's services, please visit www.opportune.com --Oseberg: For more information on the software & data analytics tools that Oseberg has to offer, please visit www.oseberg.io.

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss stumbling electric vehicle sales, attributing it to factors like battery costs and a slowing market in Europe. They also highlight the Biden-Harris administration's decision to halt offshore oil and gas lease sales in 2024, the first time since 1958. Additionally, they touch on California Governor Gavin Newsom's criticism of Big Oil, TotalEnergies' expansion in U.S. LNG through an Eagle Ford deal, and Ted Cruz's demand for an appeal after Texas LNG terminal approvals were nixed. They close by reviewing recent market trends, including oil and gas prices, and a major acquisition deal between Valdis and Citizen Energy.Highlights of the Podcast00:00 - Intro01:24 - Electric Vehicle Sales Are Stumbling. Here's Why03:53 - Biden-Harris Admin Won't Hold Offshore Oil And Gas Lease Sales In 2024, First Time Since 195806:05 - Newsom's War On Big Oil Continues, Calls Them The ‘Polluted Heart Of The Climate Crisis'08:26 - TotalEnergies boosts US LNG position with Eagle Ford deal09:31 - Ted Cruz Demands FERC Appeal After Court Nixes Texas LNG Terminal Approvals12:59 - Markets Update15:58 - Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say17:59 - OutroPlease see the links below or articles that we discuss in the podcast.Electric Vehicle Sales Are Stumbling. Here's WhyBiden-Harris Admin Won't Hold Offshore Oil And Gas Lease Sales In 2024, First Time Since 1958Newsom's War On Big Oil Continues, Calls Them The ‘Polluted Heart Of The Climate Crisis'TotalEnergies boosts US LNG position with Eagle Ford dealTed Cruz Demands FERC Appeal After Court Nixes Texas LNG Terminal ApprovalsFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley cover key energy headlines, including OPEC's potential delay in increasing oil supply due to price concerns, the surge in rare metal prices following China's export restrictions, and efficiency issues in capacity markets. They also discuss a new M&A deal where Crescent Energy acquires Cheyenne Petroleum's Eagle Ford assets for $168 million. The hosts emphasize the broader impacts of global energy dynamics, including Russian-Indian financial ties and the critical importance of regulatory shifts for mining and energy transitions.Highlights of the Podcast00:00 - Intro01:23 - OPEC+ Close to Delaying Oil Supply Increase, Delegates Say03:25 - Facts & Speculation About The State Of Russo-Indo Financial Ties04:37 - Rare Metals Prices Surge As China Restricts Exports07:27 - Efficiency in Capacity Markets08:53 - Invasion Of The Water Snatchers11;45 - Markets Update14:11 - Crescent Energy Announces Complementary Central Eagle Ford Bolt-On16:06 - OutroPlease see the links below or articles that we discuss in the podcast.OPEC+ Close to Delaying Oil Supply Increase, Delegates SayFacts & Speculation About The State Of Russo-Indo Financial TiesRare Metals Prices Surge As China Restricts ExportsEfficiency in Capacity MarketsInvasion Of The Water SnatchersFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

Today we were delighted to welcome our good friend Bill Von Gonten, Founder and CEO of W.D. Von Gonten Engineering (WDVGE). Bill is a renowned oil and gas expert and entrepreneur. He founded W.D. Von Gonten & Co. in 1995, pioneering the volumetric assessment of US gas shales. In 2013, Bill established W.D. Von Gonten Laboratories, a core testing facility specializing in unconventional resources, data science and frac modeling. In 2022, these entities were combined to form WDVGE, which later partnered with National Energy Services Reunited Corporation to expand WDVGE's services to the Middle East and North Africa. Today, WDVGE operates in nearly 15 countries and has experience in every oil and gas basin worldwide. We were thrilled to host Bill for a discussion focused on the Vaca Muerta shale play and Argentina's broader energy landscape. In our discussion, Bill provides an overview of the Vaca Muerta, sharing his history and involvement with development efforts in the region. We discuss the unique characteristics of the shale play, the economic and logistical challenges of developing the Vaca Muerta, and comparative data that highlights its potential to surpass the Eagle Ford with its size, pressure and reservoir quality. Bill offers his perspective on geopolitical and economic considerations in Argentina, the future potential of the Vaca Muerta, including increased production and export capabilities, and its potential impact on the global oil and gas market through LNG and oil exports. We discuss people resources and industry infrastructure in Argentina, financial models for development, Argentina's pro-oil and gas stance, the development of oil and gas infrastructure by midstream companies, economic opportunities for Argentina, other global opportunities for unconventional oil and gas development along with their challenges, and much more. Bill's presentation slides from the discussion are linked here. It was a fascinating conversation and we sincerely thank Bill for sharing his time and insights with us today. You may recall we had an episode of COBT focused on President Javier Milei's election and the changing politics of Argentina. The discussion featured Fernando Oris de Roa, Former Ambassador of Argentina to the United States and is linked here. Mike Bradley opened the conversation by highlighting that Fed Chairman Powell indicated last Friday “the time had come for policy to adjust” and “his confidence had grown that inflation was on a sustainable path back to two percent.” That interest rate policy pivot gave the green light for the FED to begin cutting interest rates at their mid-September FOMC meeting. On the broader equity market front, Mike shared investors are totally focused on NVIDIA's quarterly results (after the close on Wednesday) and that consensus is positioned for another beat and raise. He noted that the bar is high, and if they fail to clear it, AI & Tech stocks could take a temporary breather and the Russell 2000 and other S&P sectors could take an equity leadership role. On the energy equity front, ExxonMobil released its Global Outlook to 2050 this week (linked here). He noted a few key takeaways from the report including oil & natural gas will make up >50% of the world's energy mix in 2050 and a plateau in oil demand beyond 2030, remaining above 100mmbpd through 2050. He ended by highlighting Argentinian debt and equity performance since Javier Milei was elected President and ended with some Vaca Muerta shale stats (current and future potential). Todd Scruggs flagged a WSJ article reporting on the planned restart of the decommissioned P

Sara Pettigrew - Director of Energy Investments at Invico Capital Corporation returns to the podcast to give an update on their NonOp PDP + AFE transactions in the DJ and PRB over the past few years as well as their recent minerals transaction in the Eagle Ford. A big thanks to our 5 Minerals & Royalties Podcast Sponsors: --R. Reese & Associates: If you are interested in outsourcing and/or bolstering your legal department, then please contact Rachel Reese at 832-831-2289 or visit www.rreeselaw.com to learn more. --Riverbend Energy Group: If you are interested in discussing the sale of your Minerals and/or NonOp interests w/ Riverbend, then please visit www.riverbendenergygroup.com for more information --Farmers National Company: For more information on Farmer's land management services, please visit www.fncenergy.com or email energy@farmersnational.com --Opportune: For more information on Opportune's services, please visit www.opportune.com --The Texas Minerals Company: For more information on The Texas Minerals Company's current deal-flow pipeline, please email Toby Martinez at toby@thetexasmineralcompany.com or visit www.thetexasmineralcompany.com

Noticias Económicas y Financieras La ola de consolidación en el sector del petróleo y el gas no cesa, y ConocoPhillips $COP acordó adquirir Marathon Oil $MRO en un acuerdo de acciones por valor de $22.5B. Este último ya estaba subiendo según los informes de la noche a la mañana, pero la confirmación del acuerdo hizo que las acciones de MRO subieran un 6% en las operaciones previas a la comercialización. La huella de ConocoPhillips se expandirá enormemente después de la adquisición, con activos en Eagle Ford, la Formación Bakken y lugares tan lejanos como Guinea Ecuatorial. Hablando de actividad de fusiones, Anglo American (OTCQX:AAUKF) ha rechazado la solicitud de BHP $BHP de tener aún más tiempo para discutir su propuesta de adquisición. La noticia llegó pocas horas antes de la fecha límite para finalizar un acuerdo, lo que indica el posible fin de la búsqueda de la minera británica por parte de BHP. Las acciones de BHP subieron un 2.7% en las operaciones previas a la comercialización después de la respuesta. Los sudafricanos están votando en lo que se considera la elección general más crucial desde el fin del apartheid, y las encuestas indican que el partido gobernante Congreso Nacional Africano podría perder su mayoría en el parlamento por primera vez en 30 años. Si eso sucediera, el ANC tendría que formar una coalición con otros partidos para permanecer en el gobierno. Hay un creciente descontento entre los sudafricanos por las perspectivas económicas del país. La tasa de desempleo se mantiene por encima del 30%, mientras que ha habido un aumento de los delitos violentos, los cortes de energía y el colapso de los servicios gubernamentales en medio de una corrupción desenfrenada. $NVDA Las acciones de Nvidia subieron un 7% el martes, llevando el valor de mercado de la favorita de la IA a $2.81T, a solo $100B de superar a Apple $AAPL, la segunda empresa más valiosa que cotiza en bolsa. La acción también encabezó la lista semanal de símbolos más activos de Interactive Brokers $IBKR y ayudó a impulsar el Nasdaq Composite (COMP:IND), de gran tecnología, por encima de los 17.000 puntos por primera vez. Las acciones de Nvidia han más que duplicado su valor este año, registrando ganancias de cuatro meses, mientras los inversores continúan apostando por las perspectivas de la compañía después de sus ganancias estelares. Por el contrario, Apple ha tenido un rendimiento inferior al de otros actores de las grandes tecnologías, y sus acciones han caído un 1.3% hasta la fecha. $HOOD Robinhood lanza un plan de recompra de acciones por valor de $1B. Los trabajadores canadienses de Amazon $AMZN votarán sobre el sindicato. Las conversaciones de Alphabet para la adquisición de HubSpot $HUBS son ciertas.

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley cover a range of energy-related topics. They discuss the misconception of "free" wind energy costs, the impact of recent deadly storms in Houston on power outages, Biden's administration increasing tariffs on Chinese imports, and the declining interest in electric vehicles for the first time since 2021. They also touch on a new policy excluding Chinese companies from benefiting from the EV critical minerals tax credit and the significant merger of Crescent Energy acquiring Silver Bow Resources, enhancing its position in the Eagle Ford.Highlights of the Podcast00:00 - Intro01:57 - Who is paying for the Free Energy Wind?- or as Penguin Empire Reports – “Who's paying for lunch?”06:17 - Widespread power outages from deadly Houston storm raise new risk: hot weather – NPR09:32 - Biden Administration Increasing Tariffs on $18B of Imports from China12:40 - Electric Vehicle Buying Interest Declines for First Time Since 2021: Report15:32 - Chinese Companies Should Not Benefit From the EV Critical Minerals Tax Credit20:27 - Markets Update25:29 - Crescent Energy to Buy SilverBow as U.S. Shale Mergers Continue28:21 - OutroPlease see the links below or articles that we discuss in the podcast.Who is paying for the Free Energy Wind?- or as Penguin Empire Reports – “Who's paying for lunch?”May 18, 2024 Stu TurleyENB Pub Note: This is a guest post from the Pengquin Empire Reports Substack. We highly recommend supporting and following them. “In the financial world, it tends to be misleading to state ‘There is no […]Widespread power outages from deadly Houston storm raise new risk: hot weather – NPRMay 18, 2024 Stu TurleyENB Pub Note: As of 9:31 PM Saturday, 368,204 Texans were without Power. That is a significant recovery from the over 1.2 million impacted by the storm's power outage. HOUSTON — As the Houston area […]Biden Administration Increasing Tariffs on $18B of Imports from ChinaMay 18, 2024 Stu TurleyA fact sheet posted on the White House website this week announced that U.S. President Joe Biden is directing his trade representative to increase tariffs under Section 301 of the Trade Act of 1974 on […]Electric Vehicle Buying Interest Declines for First Time Since 2021: ReportMay 18, 2024 Stu TurleyAmerican consumer interest in buying electric vehicles dipped over the past year due to concerns about charging facilities and high purchase prices, according to a recent study by automotive data and analytics firm J.D. Power. […]Chinese Companies Should Not Benefit From the EV Critical Minerals Tax CreditMay 17, 2024 Mariel AlumitThe Inflation Reduction Act established the Section 30D New Clean Vehicle Credit, which includes a $3,750 critical minerals tax credit. Taxpayers are eligible for the credit if they purchase qualifying, new electric vehicles with batteries […]Crescent Energy to Buy SilverBow as U.S. Shale Mergers ContinueMay 16, 2024 Mariel AlumitCrescent Energy will buy SilverBow Resources in a deal valued at $2.1 billion to create a major player in the Eagle Ford shale formation as the U.S. oil and gas mergers continue in the second […] Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Vertice Oil Tools was founded in 2018 to commercialize a limitless sliding sleeve design, but pivoted to developing frac plugs and refrac liner tools as sliding sleeves lost market share to plug-and-perf operations.Their key product is a hydraulically disconnecting refrac liner that enables zonal isolation for refracturing existing wells. This liner tool significantly reduces costs and time compared to traditional cut-and-pull refracking methods.The company uses data analytics to help operators identify good candidate wells for refracs by modeling expected production uplift based on offset well data and known geology/reservoir characteristics.Refracking activity is seeing adoption growth, especially in the Eagle Ford, Haynesville, and Bakken basins. The refrac market is expected to grow from around 150 jobs in 2022 to 300-400 in 2023.Refracing economics are being improved through techniques like tying refracs to new frac operations on multi-well pads to share crew costs. Using remote frac lines run thousands of feet from active frac spreads is also being explored to reduce costs for single well refracs.Find us here

In Episode 94 of "The Energy Question" podcasts the oil and gas industry, featuring guests like Karr Ingham from the Texas Alliance of Energy Producers. In a recent episode, they explored the Texas Petro Index, economic impacts, and technology advancements. They emphasized the industry's significance in Texas, and discussed regulatory challenges, government policies, and concerns about initiatives like the Green New Deal.Highlights of the Podcast01:18 - The purpose of the Texas Petro Index 04:59 - State revenue taxes from the oil and gas industry 08:22 - The global LNG powers08:48 - Where the index stands right now09:52 - The all time high of the Texas Petro11:35 - Ne all time production records 13:38 - T benefit of the American people 15:37 - One of the key reasons for Texas success17:22 - What's happening at the Alliance 20:30 - The Eagle Ford 22:21 - One of the very most effective voices for our industry in Texas23:23 - The only Texans organization that directly plays in DC.27:19 - Pieces of legislation from decades ago29:23 - About the extraordinary economic impact of the industry in Texas34:53 - The Texas Alliance of Energy Producers35:53 - The great doctor Walter Williams37:26 - The essence of trade and free trade and energy trade38:47 - The Green New Deal

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley cover a range of topics including California's high-speed rail project's ballooning costs, Pennsylvania's transition away from coal towards renewables, and Saudi Aramco CEO's assertion that the energy transition is failing. They discuss TotalEnergies' acquisition in the Eagle Ford Shale, Germany's dominance in the hydrogen market despite challenges, and skepticism towards quick energy transitions from industry leaders. Overall, they highlight ongoing debates surrounding energy policy, infrastructure investments, and the role of fossil fuels versus renewables in the future energy landscape.Highlights of the Podcast00:00 - Intro01:30 - California: We Need *Another* $100 Billion for High-Speed Rail – What is a few billion between friends?06:03 - Pennsylvania governor unveils plan to cut greenhouse gases, boost renewables in big energy producer09:33 - Saudi Aramco CEO says energy transition is failing, world should abandon ‘fantasy' of phasing out oil11:43 - CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITION14:27 - CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford Shale16:33 - Deutschland: How Germany Is Dominating Hydrogen Market20:11 - Outro Please see the links below or articles that we discuss in the podcast.California: We Need *Another* $100 Billion for High-Speed Rail – What is a few billion between friends?‘March 17, 2024 Stu Turleysource: Hot Air:   Ed Morrissey: Hey, a hundred billion here, a hundred billion there, and pretty soon you're talking about real money. But apparently not real progress. When I first started writing about California's high-speed […]Pennsylvania governor unveils plan to cut greenhouse gases, boost renewables in big energy producerMarch 17, 2024 Stu TurleySCRANTON, Pa. (AP) — Pennsylvania Gov. Josh Shapiro unveiled a plan Wednesday to fight climate change, saying he will back legislation to make power plant owners in the nation's third-biggest energy-producing state pay for their […] Saudi Aramco CEO says energy transition is failing, world should abandon ‘fantasy' of phasing out oilMarch 18, 2024 Mariel AlumitHOUSTON — Saudi Aramco CEO Amin Nasser said Monday that the energy transition is failing and policymakers should abandon the “fantasy” of phasing out oil and gas, as demand for fossil fuels is expected to […] CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITIONMarch 19, 2024 Mariel AlumitHOUSTON, March 18 (Reuters) – Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost […]CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford ShaleMarch 19, 2024 Mariel AlumitGlobal energy company TotalEnergies is expanding in the US shale patch with an upstream acquisition in the Eagle Ford of South Texas, chairman and CEO Patrick Pouyanné said March 18. “We are willing to integrate […]Deutschland: How Germany Is Dominating Hydrogen MarketMarch 20, 2024 Mariel AlumitWith 3827 kilometers of pipeline across the country, Germany is blazing a trail through the continent in terms of hydrogen infrastructure growth. Indeed, plans within the country are so far advanced that Germany is set to become […] Follow StuartOn LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show – 

In this episode of the Energy News Beat Daily Standup, hosts Michael Tanner and Stuart Turley discuss significant headlines from Ceraweek and the energy sector. They highlight big oil executives pushing back against rapid energy transition calls, noting the challenges and uncertainties surrounding it. They also discuss the potential retirement of coal capacity in PJM without replacement, Biden administration's consideration of hastening coal power plant closures, Daniel Yergin's critique of the energy transition discourse, and ExxonMobil's stance on acquiring Hess amid a Chevron dispute. Additionally, they touch upon TotalEnergies' unexpected acquisition in the Eagle Ford Shale to support LNG terminal operations. Throughout, they analyze market trends, oil prices, and geopolitical impacts, emphasizing the complexities and dynamics within the energy landscape.Highlights of the Podcast00:00 - Intro01:56 - CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITION04:44 - Up to 58 GW faces retirement in PJM by 2030 without replacement capacity in sight: market monitor06:45 - Biden officials mull quicker death for US coal power plants08:52 - Energy guru Daniel Yergin: «I'm sick of the energy transition discussion»10:53 - Markets Update12:54 - Oil rises to multi-month highs on Russian supply concerns14:34 - ExxonMobil has “no interest” in Hess purchase amidst Chevron dispute, CEO says17:01 - CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford Shale19:10 - OutroPlease see the links below or articles that we discuss in the podcast.CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITIONMarch 19, 2024 Mariel AlumitHOUSTON, March 18 (Reuters) – Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost […]Up to 58 GW faces retirement in PJM by 2030 without replacement capacity in sight: market monitorMarch 19, 2024 Mariel AlumitAbout 24 GW to 58 GW of thermal resources — or 12% to 30% of the PJM Interconnection's installed capacity — are at risk of retiring by 2030 without a clear source of replacement generation, […]Biden officials mull quicker death for US coal power plantsMarch 19, 2024 Mariel AlumitU.S. coal-fired power plants could be forced to shut down two years sooner than envisioned under a Biden administration plan to stifle pollution from the electricity sector. The potential change being seriously considered now by […]Energy guru Daniel Yergin: «I'm sick of the energy transition discussion»March 19, 2024 Mariel AlumitAt the COP28 climate summit in Dubai, countries committed themselves for the first time to moving away from oil, gas and coal. According to the International Energy Agency, demand for fossil fuels is set to […]Oil rises to multi-month highs on Russian supply concernsMarch 19, 2024 Mariel AlumitNEW YORK, March 19 (Reuters) – Oil prices rose to multi-month highs for the second straight session on Tuesday as traders assessed how Ukraine's recent attacks on Russian refineries would affect global petroleum supplies. U.S. […]ExxonMobil has “no interest” in Hess purchase amidst Chevron dispute, CEO saysMarch 19, 2024 Mariel Alumit(Bloomberg) – The boss of Exxon Mobil Corp. said Monday that it has no interest in buying Hess Corp. outright, despite taking Chevron Corp. to arbitration over its proposed $52 billion merger with the other […]CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford ShaleMarch 19, 2024 Mariel AlumitGlobal energy company TotalEnergies is expanding in the US shale patch with an upstream acquisition in the Eagle Ford of South Texas, chairman and CEO Patrick Pouyanné said March 18. “We are willing to integrate […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Investors are split on the outlook for natural gas as “peak shale” may be on the horizon. Here's what to expect in 2024.----- Transcript -----Welcome to Thoughts on the Market. I'm Devin McDermott, Head of Morgan Stanley's North American Energy Research Team and the Lead Commodity Strategist for Global Gas and LNG Markets. Today, I'll be talking about some of the big debates around natural gas and shale in 2024. It's Thursday, January 11th at 10 a.m. in New York. The evolution of shale as a viable, low cost energy resource, has been one of the biggest structural changes in global oil and gas markets of the past few decades. In oil, this turned the U.S. into the world's largest producer, while falling costs also led to sharp deflation in prices and global oversupply. For U.S. natural gas, which is more regionally isolated, it allowed the market to double in size from 2010 to 2020, with demand growing rapidly across nearly every major end-market. Over this period, the U.S. transitioned from a net importer of liquefied natural gas, or LNG, to one of the world's largest exporters. But despite this robust growth, prices actually declined 80% over the period as falling cost of U.S. shale and pipeline expansions unlocked low cost supply. Now looking ahead after a multi-year pause, the US is set to begin another cycle of LNG expansion. This comes in response to some of the market shocks from the Russia/Ukraine conflict, including loss of Russian gas into Europe, as well as strong demand growth in Asia, where LNG serves as a key energy transition fuel. In total, projects that are currently under construction should nearly double US LNG export capacity by the later part of this decade. While the last wave didn't drive prices higher, this time can be different as it comes at a time when some investors feel like peak shale might be on the horizon. Shale is maturing, well costs and break-evens are generally no longer falling, and pipe expansions have slowed significantly due to regulatory challenges. While many of these issues are more apparent on the oil side, there are challenges for gas as well. Notably, the lowest cost US supply region, the Marcellus in Appalachia, is constrained by lack of infrastructure. As a result, meeting this demand likely elicits a call on supply growth from higher cost regions relative to last cycle. This not only includes the Haynesville, a gas play in Louisiana, but also the Eagle Ford in Texas and Basins in Oklahoma, potentially requiring prices in the $4 to $5 per MMBtu range to incentivize sufficient investment. Investors are split on the natural gas outlook. Bears argue that abundant, low cost domestic supply will meet LNG demand without higher prices, just like last time, while bulls backed higher prices this time around. Now, strong supply and a mild start to the winter heating season has actually pushed Henry Hub prices lower to close out 2023, bringing year-to-date declines to 50%. While this drives a softer set up for the first half of 2024, lower prices also come with a silver lining. This should help moderate potential investment in new supply ahead of the pending wave of LNG expansions. As a result, we believe the bearish near-term setup may prove bullish for the second half of 2024 and 2025. A dynamic many stocks in the sector do not fully reflect. Thanks for listening. If you enjoy the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.

The practice of capturing steam bursting through the earth's surface to generate electricity has been around for more than a century. This is the traditional concept of geothermal energy. But thanks to research and development in both the private and public sectors, new forms of capturing subsurface heat have been developed. Fervo Energy, an advanced geothermal start-up, made headlines this year with breakthroughs in drilling techniques inspired by those of oil and gas. After a successful 30-day pilot this summer, known as Project Red, Fervo proved it can produce 24/7 carbon-free energy using enhanced geothermal systems.  So what led to these breakthroughs? And what role can geothermal play in the energy transition?  This week host Bill Loveless talks with Tim Latimer about innovation in geothermal technology and scaling opportunities in the U.S. Tim is the co-founder and CEO of Fervo Energy. After studying geothermal energy in grad school at Stanford University, he started the company in 2017 with Jack Norbeck. Before Stanford, Tim worked as a drilling engineer for BHP Billiton in the Permian and Eagle Ford basins in Texas. He has also worked as a consultant for the Boston Consulting Group, Biota Technology, and McClure Geo-mechanics.

Charles is a man born to a geologist, born into the oil patch! Worked the tongs to make his way through college, got a geology degree, and helped pioneer the Eagle Ford play in South Texas. He explains why microseismic is so valuable for operators today, lets goooooooooooo!!

Highlights of the Podcast00:00 - Intro03:12 - What are the BRICS planning with August 2nd Durban Accords?06:08 - Russia confirms BRICS will create a gold-backed currency08:03 - Russia's largest independent gas producer delivers first train to flagship Arctic LNG 2 project09:32 - China Abandons Paris Agreement, making U.S. efforts Painful and Pointless 13:29 - Higher Energy Prices Push the United States Energy Trade with Canada to Record Value14:57 - Market Updates15:44 - Chesapeake going in and divesting of their South Texas assets, selling its remaining Eagle Ford assets for 700 million 19:50 - OutroFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Charlie Shufeldt - CEO of Elk Range Royalties returns to the podcast to discuss his team's activities since October 2021, in particular their two large Permian & Eagle Ford acquisitions that were announced earlier this year. A big thanks to our 4 Minerals & Royalties Podcast Sponsors: --Riverbend Energy Group: If you are interested in discussing the sale of your Minerals and/or NonOp interests w/ Riverbend, then please visit www.riverbendenergygroup.com for more information --Farmer National Company: For more information on Farmer's land management services, please visit www.fncenergy.com or email energy@farmersnational.com --Opportune: For more information on Opportune's back office & outsourcing services, then please visit www.opportune.com --The Texas Minerals Company: For more information on The Texas Minerals Company's current deal-flow pipeline, please email Toby Martinez at toby@thetexasmineralcompany.com or visit www.thetexasmineralcompany.com

A few months ago, The Guardian did a five-month investigation into “carbon bombs,” or fossil fuel projects that would, over the course of their life, emit over one billion tons of carbon. They found that there are 195 planned oil and gas carbon bombs around the world, and if they proceed as planned, these projects alone would blow past internationally agreed upon climate targets. For our tenth deep dive on carbon bombs, we take a look at the Eagle Ford Shale: an oil and gas formation near the Gulf Coast of Texas. The U.S. portion contains 6.5 billion barrels of oil, 5.7 billion barrels of natural gas liquids, and 1.3 trillion cubic meters of natural gas, which together would have the potential to emit 5.9 billion tons of carbon dioxide. Beyond the global climate impact, Eagle Ford has run into several local issues, from water shortages to highly polluting flaring systems to economic inefficiencies that have driven several companies that explored Eagle Ford into bankruptcy. Today, we'll explore what problems the Eagle Ford Shale presents, how climate change impacts the Gulf Coast of Texas, and how the region can move forward in an environmentally and economically sustainable way. With special guest Dr. Rabi Mohtar:  Professor of Biological and Agricultural Engineering at Texas A&M University. The Sweaty Penguin is presented by Peril and Promise: a public media initiative from The WNET Group in New York, reporting on the issues and solutions around climate change. You can learn more at pbs.org/perilandpromise. This episode is the third in our four-part series collaborating with the Gulf Climate Listening Project covering environmental issues on the Gulf Coast. If you are interested in learning about stopping LNG exports and creating a better future on the Gulf Coast, visit GulfCoastMurals.com. Support the show and unlock exclusive merch, bonus content, and more for as little as $5/month at patreon.com/thesweatypenguin. CREDITS Writers: Hallie Cordingley, Mo Polyak, Ethan Brown, Velina Georgi, Madeleine Salman Fact Checker: Owen Reith Editor: Megan Antone Producers: Ethan Brown, Hallie Cordingley, Shannon Damiano Ad Voiceover: Megan Antone Music: Brett Sawka The opinions expressed in this podcast are those of the host and guests. They do not necessarily reflect the opinions or views of Peril and Promise or The WNET Group.

On this week's episode, Max announces the arrival of Proximo's new data report and gets you up to speed with the top stories of the week: - Eni faces lawsuit alleging early knowledge of climate crisis - Australia to invest $1.4bn to scale up renewable hydrogen industry - Global Atomic signs second uranium supply deal for Dasa project - South32's Hermosa gets a US-powered boost - INEOS completes acquisition of Eagle Ford assets - KGAL to develop 4 Polish wind farms with Lasuno - Westconnect's fibre optic expansion project receives €1.3bn - Li-Cycle and Glencore unveil plans for recycling hub in Italy - Actis launches Nozomi Energy renewables platform - LS Power to acquire 2.1GW generation portfolio in Texas

Big Oil Has $150 Billion in Cash and Investors Want a Sharehttps://www.wsj.com/articles/big-oil-has-150-billion-in-cash-and-investors-want-a-share-b5cdea35- oil companies sitting on cash now, but they may need that cash for when prices are lower- should they return all this cash to shareholders now or keep it to pay out in dividends throughout the next cycle?- what about needing cash to account for uncertainty in regulations?Oil's sharp slide has surprised markets. But some traders now see a bottom for priceshttps://www.cnbc.com/2023/05/08/oils-sharp-slide-has-surprised-markets-but-some-traders-now-see-a-bottom-for-prices.html- analysts have "feelings" that oil prices have seen their bottom- what are the signs? expectation that US gasoline demand will be strong this summer? strong jet fuel demand? inventories? industry? Diesel demand? Chinese manufacturing data? Fed is done raising interest rates?- OPEC is a big uncertainty. Will OPEC take action to cut production at its June meeting or keep production stable?- Will OPEC members adhere to their voluntary cuts?- Diesel numbers aren't good for demand- Could hit summer driving season and demand goes up but then OPEC would need to hold production steady- If Russia doesn't actually cut then oil prices could go lower when evidence hits marketOil climbs almost 3% as recession fears begin to fadehttps://www.reuters.com/markets/commodities/oil-prices-inch-up-recession-fears-begin-fade-2023-05-08/- The fears aren't fading, they just aren't as bad as they seemed before.- Was the price slide in oil really overdone?- OPEC to release monthly oil report on Thursday?No more gas stoves? New York is first state to ban gas in new buildingshttps://www.csmonitor.com/Environment/2023/0505/No-more-gas-stoves-New-York-is-first-state-to-ban-gas-in-new-buildings- "It's part of a larger state plan to reach net-zero energy emissions by 2050" but the power plants will probably still be permitted to use natural gas- "By 2026, most new buildings under seven stories will have to use electric heat pumps for controlling air temperatures and for hot water. Larger buildings will have to comply by 2029. Some businesses that require extreme high heat to operate are exempt."- Heat pumps don't work that well. What will cities like Buffalo do?- "The state's energy cushion could narrow beginning in 2025 as some generators are deactivated and demand grows" according to New York's grid operator. Probably will not take older generators out of commission in order to continue to provide electricity.Special Guest Kunal Patel from Dallas Fed - Q1 Surveyhttps://www.dallasfed.org/research/surveys/des/2023/2301- 200 firms in 11th district registered- data collected March 15-23- Data suggest expansion in upstream over the last 2 years is stalling- supply chain delays eased- employment growth continuing but not as fast as before- executives are not optimistic- expect crude oil to end year at $80/barrel- WTI at $73/barrel but breakeven is around $62/barrel: range of averages from $56 to $66. But that includes different regions, Eagle Ford, Permian, etc. - most firms can profitably drill at current prices but last year breakeven was lower ($56/barrel). Large firms (10,000bpd or more) need $55/ barrel while smaller firms need less).- Generally if executives think the price is currently in a good range they predict that oil will end the year at the same price. Last year they thought prices would come down. Now they think prices will go up.- Question: What West Texas Intermediate (WTI) oil price does your firm need to cover operating expenses for existing wells? AVerage across sample is up by 10% from last year. Suggests increase in cost just to manage existing wells. - Price to complete a DUC has to be between operating expenses and price to put well into production. Completion cost is generally 2/3 of the cost of the well.- $70 oil but $2 gas -- is this an issue? Natural gas and natural gas liquids are seen mostly as an additional uplift. Cost of natural gas mostly impacts the just natural gas drillers.- Push to reduce emissions by moving to electric power is impacting the area. Using electric powered turbines in fracing, for example. More wells mean more electricity needed but often they are away from civilization and its hard to get electricity.- Anger towards BLM - especially regarding permitting rules. Even renewables are having trouble getting permits from BLM. Length of time to get permits is increasing.- Costs continued to rise, but supply chain issues easing. Why? Activity was flat, so maybe supply chain caught up? no, equipment that was ordered a long time ago was finally delivered. Could costs be in labor?Next report coming out June 22!Check out energy indicators and energy slide show! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit energyweek.substack.com

  Kunal Patel is a senior business economist at the Federal Reserve Bank of Dallas joins The Crude Life's founder Jason Spiess for an update on the oil and gas activity in the 11th District, including the Permian Basin, Eagleford and Haynesville basins in Texas. Growth in the oil and gas sector stalled out in first quarter [...]

This week's podcast features an interview with Mark Slaughter, CEO of iNet.  For those not familiar with iNet, the company provides wireless broadband communications using 4G LTE and 5G technology to oil and gas and companies and importantly, was our Wi-Fi sponsor at the Permian BBQ Cook-Off.  The company was formed in 2011 and today enjoys network coverage of more than 130,000 square miles in the Bakken, Niobrara, Eagle Ford, Permian, Texas Panhandle, and Kern County, California. They are also now an authorized Starlink integrator.

In this episode our host Elena Melchert talks with Cameron Thompson of Devon Energy about their experience with refracturing in the Eagle Ford.  This was recorded at the 30th Anniversary NAPE Summit. This episode is made possible by TechnipFMC Click here to take it one question survey and receive OGGN hardhat/laptop stickers Brought to you on Oil and Gas Global Network, the largest and most listened-to podcast network for the oil and energy industry. More from OGGN ... Podcasts LinkedIn Group LinkedIn Company Page Get notified about industry events

Most people have a negative view on what is going on in the world. And the apparent decrease in faith - especially in the younger generations - seems to confirm this bad outlook. But even if this is true, things may not be as dark as they seem. Thanks to independent groups that share the word of God, there are many ways to impact millions of lives in the US and around the world. In this episode, Hank Hornstein from Decision Point shares the impact spreading Christian values still has, and what the most effective way of reaching young Americans today is. Listen now. Show highlights include: What every potential investor needs to know about the Eagle Ford area and its lucrative mineral rights (1:44) The pure magic of how your faith gives you a sense of direction (even if you have not been acting out of conviction before) (4:39) Why Catholic Brazilians are more receptive to evangelical core values than students in the U.S. (even if their prior knowledge of the Bible may be shallow) (11:12) The single most-used evangelistic tool that enables to convert millions of people (16:15) How to support today's youth on their mission to discover the hope of Jesus (even in allegedly impossible areas like California) (19:10)     Disclosure:  "Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

Gabe Bourgeois (CEO), Eugene Lipovetsky (CIO), & Andrew Stone (Head - Acquisitions) from Revere Resources join the podcast to talk about their ground game strategy in the Eagle Ford and how they have focused on improving the customer experience during Minerals Transactions. A big thanks to our 3 Minerals & Royalties Podcast Sponsors: --SourcEnergy: For more information on SourcEnergy's satellite imagery & AI driven technology, please visit www.sourcenergy.com/minerals or email info@sourcenergy.com for a free demo --Opportune: For more information on Opportune's back office & outsourcing services, then please visit www.opportune.com --Noble Royalties: To explore ways to do deals w/ Noble, please email Chase Morris at cmorris@nobleroyalties.com or Shannon Manner smanner@nobleroyalties.com

NGI talks to Primary Vision's Matt Johnson, CEO, to discuss how refracturing wells, or refracs, could be an alternative to hydraulic fracturing in the Eagle Ford and Haynesville shale formation, the Permian Basin, and elsewhere. In his conversation with NGI's Matthew Veazey, Johnson also explains why refracs need to be part of the broader national conversation about energy security.

Global Policy Watch: Energy Is Flagging Insights on burning policy issues from an Indian lens— RSJWho do you think has a better long-term view of the world? An administration struggling to control inflation and rising oil prices, one that’s facing midterm elections with the lowest approval ratings, or large institutional investors projected to own about 20 per cent of all US listed companies by 2028? I don’t know. I mean, it is conventional wisdom that all that the likes of Blackrock, Vanguard and State Street care about is making profits on their investments. On the other hand, the government is expected to take long-term decisions in the interest of society. But when you own 20 per cent of everything, I would suspect you will conclude there’s no other way to maximise profits except trying to do good for everyone. I mean, there won’t be a lot of arbitrage left anymore in choosing specific industries or sectors. You will have to do ‘sabka saath, sabka vikaas’. No wonder ESG (Environment, Social and Governance) investing has been important for these large institutional investors. That ESG is now a critical agenda tracked by the board of every company because of these investors' efforts. All good. Now, let’s look at the incentives of political parties. It is to win elections. Everything else follows only after you have the keys to power. And elections in democracies are a permanent affair. There’s a key election of some kind happening every other year. Will a political party craft a policy that’s painful in the short run but good in the long run? They do, but it requires a combination of inspiring leadership or ideology, a looming crisis and a powerful communication strategy to walk on this difficult path. That’s rare. Instead, what you have is parties taking the easy, opportunistic way out while hoping it will somehow make sense in the long run. Two Roads DivergedHere are two news items from last week for you.#1: Democrats may be on the verge of passing historic climate legislation after all.The $369 billion of climate spending in the Inflation Reduction Act that Sen. Joe Manchin (D-WV) announced on Wednesday includes funding for clean energy and electric vehicle tax breaks, domestic manufacturing of batteries and solar panels, and pollution reduction.If the bill’s policies work as intended, it would push American consumers and industry away from reliance on fossil fuels, penalize fossil fuel companies for excess emissions of methane, and inject needed funds into pollution cleanup.The bill would use tax credits to incentivize consumers to buy electric cars, electric HVAC systems, and other forms of cleaner technology that would lead to less emissions from cars and electricity generation, and includes incentives for companies to manufacture that technology in the United States. It also includes money for a host of other climate priorities, like investing in forest and coastal restoration and in resilient agriculture.#2: Blackrock warns it will vote against more climate change resolutionsBlackRock (BLK.N) said on Tuesday it expected to support fewer shareholder resolutions on issues such as climate change in the current season of annual general meetings, as many proposals were too prescriptive.While BlackRock said its view on the importance of managing climate risk remained unchanged and it continued to engage with companies over their efforts, a number of resolutions put forward at recent AGMs were too constraining on boards.Among such resolutions that it said it could oppose were those requiring management to stop providing finance to traditional energy companies, or those requiring alignment of bank business models to a specific climate scenario.Among votes that BlackRock has already opposed was an April 13 call for Canadian lender Bank of Montreal to adopt a policy to link financing with the International Energy Agency's Net Zero Emissions by 2050 Scenario.While the US administration is going down the path of spending more on tackling climate change, Blackrock seems to be signalling a u-turn. What Led Them HereSo, back to the question with which we started. Who do you trust is taking a long-term view here?Some context here will help. These moves have come on the back of an energy crisis facing the world today. Most of the commentary on this has attributed this to the Ukraine war and the sanction on Russia that followed. The general view is that this crisis will disappear once the war ends. How true is this? Not very if you look closely. Over the past many years, the energy inventory has been declining because the supply has held flat or gone down while the demand continues to be robust (except for the pandemic blip). The green sources of energy haven’t been able to fill the gap on the supply side. As we have come out of the pandemic, the global demand has gone up (though still below 2019 levels) while the supply isn’t keeping pace. This was even before the Russian invasion. The reasons for this aren’t hard to locate. Conventional energy companies have found it hard to fund new projects because ESG investing norms have made the availability of capital difficult. The so-called ‘extractive industries’ are orphans in capital and debt markets. Most of the growth in energy supplies in the last decade has come from shales. A lot of money was put to work to increase the efficiency of pumping out oil from shales. The three big shale fields in the Permian, the Bakken and the Eagle Ford pumped out enough oil to not have anyone worry about supply shortages anytime in the last decade. But like all good things, we have depleted these fields at rates faster than predicted. There’s been hardly any capacity developed that has backfilled these fields elsewhere. And it is unlikely we will get a second-time lucky so soon in finding rich fields like them. If the market were efficient, we would have seen capital find its way into funding newer sources. But the ESG overdrive led by the Big 3 index funds put up a barrier to that flow. And the energy companies that are making big profits now because of the high prices aren’t themselves putting money into conventional extraction. That would be seen as a negative in the market. So, even they are being constrained by the ESG norms. Into this decadal low in investment in production came the Ukraine war. Things have gone further south since. Europe needs Russian gas, and Putin is enjoying the gradual choking of the supply that will make things worse during the oncoming winter. Only last week, Russia’s Gazprom told its customers in Europe it cannot guarantee gas supplies because of ‘extraordinary’ circumstances. Heh!Gazprom said stopping another turbine at the Nord Stream 1 pipeline would cut daily gas production to 20%, halving the current level of supply. It is likely to make it more difficult for EU countries to replenish their stores of gas before winter.The Nord Stream 1 pipeline, which pumps gas from Russia to Germany, has been running well below capacity for weeks, and was completely shut down for a 10-day maintenance break earlier this month.The European Commission has urged countries to cut gas use by 15% over the next seven months after Russia warned it could curb or halt supplies altogether. Under the proposals, the voluntary target could become mandatory in an emergency. On Tuesday energy ministers will meet in Brussels in an attempt to sign off the plans.But numerous opt-outs are expected amid resistance from some member states.To this, add that the US has been depleting its SPR (Special Petroleum Reserves) to boost supply and keep prices under control. Last week it announced another 20 million barrels were released from SPR. But this isn’t sustainable, and it is likely this is the last of it.I don’t know about you, but I think the supply situation looks to worsen in the future. Evaluating the ResponsesNow, look at the two news articles that we started with. After a decade of not adding real capacity to boost energy supply, starving investments in conventional energy, stupidly shutting down nuclear plants and going for investments in wind and solar that are by themselves energy and capital intensive to set up, we are here with two kinds of response.  One is from the US government. Instead of finding ways to invest in the sector to solve this crisis is going the other way. Releasing special reserves, cutting taxes on gasoline, placing more restrictions on the conventional energy sector and planning to deficit fund more investments in green energy without a clear answer on how it will help with supply. These will only increase demand in the short term without any corresponding increase in supply to address it.The other is from the face of greedy capitalism, Blackrock, who thinks we might have overdone the ESG investment thesis without fully appreciating the unintended consequences of starving the oil and gas sector of investments. Maybe the rhetoric against conventional energy has gone overboard without an immediate answer to the supply shortfall. So, some calibration is needed now. Else, there will be significant pain ahead with misallocation of investments and a deepening energy crisis. The poor and the developing nations are most affected by higher oil prices. And poverty is worse for climate change. More than fossil fuels.  Those then are the two narratives. As London and NYC sweat in an unprecedented heat wave this summer, you know who will win the narrative battle. The war will be lost though. Thanks for reading Anticipating the Unintended! Subscribe for free to receive new posts and support our work.A Framework A Week: Building Models Tools to help think about public policy— RSJLast week I came across this piece on ‘Models as mediating instruments’ by Margaret Morrison and Mary S. Morgan. You should read the full chapter. The authors lay out the importance of model building in helping us learn about theories and how they might operate in the world:Models are one of the critical instruments of modern science. We know that models function in a variety of different ways within the sciences to help us to learn not only about theories but also about the world. So far, however, there seems to be no systematic account of how they operate in both of these domains.And then, they proceed to outline how we should think about developing models that function as autonomous agents and as instruments of investigation of the world. Here’s a short extract from their introduction to model building:In order to make good our claim, we need to raise and answer a number of questions about models. We outline the important questions here before going on to provide detailed answers. These questions cover four basic elements in our account of models, namely how they are constructed, how they function, what they represent and how we learn from them.Construction What gives models their autonomy? Part of the answer lies in their construction. It is common to think that models can be derived entirely from theory or from data. However, if we look closely at the way models are constructed we can begin to see the sources of their independence. It is because they are neither one thing nor the other, neither just theory nor data, but typically involve some of both (and often additional ‘outside’ elements), that they can mediate between theory and the world. In addressing these issues we need to isolate the nature of this partial independence and determine why it is more useful than full independence or full dependence. Functioning What does it mean for a model to function autonomously? Here we explore the various tasks for which models can be used. We claim that what it means for a model to function autonomously is to function like a tool or instrument. Instruments come in a variety of forms and fulfil many different functions. By its nature, an instrument or tool is independent of the thing it operates on, but it connects with it in some way. Although a hammer is separate from both the nail and the wall, it is designed to fulfil the task of connecting the nail to the wall. So too with models. They function as tools or instruments and are independent of, but mediate between things; and like tools, can often be used for many different tasks. Representing Why can we learn about the world and about theories from using models as instruments? To answer this we need to know what a model consists of. More specifically, we must distinguish between instruments which can be used in a purely instrumental way to effect something and instruments which can also be used as investigative devices for learning something. We do not learn much from the hammer. But other sorts of tools (perhaps just more sophisticated ones) can help us learn things. The thermometer is an instrument of investigation: it is physically independent of a saucepan of jam, but it can be placed into the boiling jam to tell us its temperature. Scientific models work like these kinds of investigative instruments – but how? The critical difference between a simple tool, and a tool of investigation is that the latter involves some form of representation: models typically represent either some aspect of the world, or some aspect of our theories about the world, or both at once. Hence the model’s representative power allows it to function not just instrumentally, but to teach us something about the thing it represents. LearningAlthough we have isolated representation as the mechanism that enables us to learn from models we still need to know how this learning takes place and we need to know what else is involved in a model functioning as a mediating instrument. Part of the answer comes from seeing how models are used in scientific practice. We do not learn much from looking at a model – we learn more from building the model and from manipulating it. Just as one needs to use or observe the use of a hammer in order to really understand its function, similarly, models have to be used before they will give up their secrets. In this sense, they have the quality of a technology – the power of the model only becomes apparent in the context of its use. Models function not just as a means of intervention, but also as a means of representation. It is when we manipulate the model that these combined features enable us to learn how and why our interventions work.The whole chapter and Mary Morgan’s book (The World in the Model: How Economists Work and Think) is a great tool for building models.  India Policy Watch: Hoping Against HopeInsights on burning policy issues in India - Pranay KotasthaneEarlier this week, the union cabinet approved a revival package for the ever-embattled Bharat Sanchar Nigam Limited (BSNL) worth ₹1.64 lakh crores. Let’s analyse this decision ground-up Let’s look at the two stated aims. The first argument is that the presence of BSNL in the telecom market acts as a market balancer; it plays a significant role in providing services to rural areas and during natural disasters. The second argument is that the telecom sector is strategic; hence, BSNL will become the vehicle for the government to “promote indigenous 4G technology development”. In other words, BSNL will have to commission an atmanirbhar 4G technology that Tata Consultancy Services and C-DOT are developing. A part of the bailout—₹22,471 crores—is allocated for capital expenditure on this deployment.For a moment, assume that both objectives are desirable. The question is, are there alternative methods to achieve the two stated objectives?Given the positive externalities of network infrastructure today, government intervention in rural connectivity makes sense. But the instrument required to achieve this objective doesn’t require the government to produce this service by itself through a public sector unit. The same objective could be achieved by a government procurement contract which finances private sector players for capital expenditure on network infrastructure in low-density areas. Think of a non-coercive version of the Regional Air Travel Connectivity Scheme - UDAN, but for mobile connectivity. This method would likely be far cheaper than attempting to revive a government-run company that incurs losses despite playing a game in which the umpire also belongs to the same team. This would be beneficial for the people living in far-flung areas too. Why condemn them to slow 3G services of BSNL when the government can finance private players to provide 4G services instead?Next, consider the strategic necessity argument. 4G was introduced in India a full decade ago. When the world (and India) is commissioning 5G connectivity, an Indian consortium has now done trials for home-grown 4G technology. Granted, that 4G is not going away anytime soon, but why should it now be shoved down BSNL’s throat? To me, it seems like a classic error—a violation of the Tinbergen Rule, which we had discussed in edition #135. The rule says: use one policy instrument for just one target (or as few as possible). Burdening one instrument with several objectives often results in a system that fulfils none. In the current case, it means that BSNL can either be an instrument to connect remote areas or it can be a testbed for indigenous technologies, but not both. To expect it to do both would make things tougher for an already troubled entity. More important, it would be a waste of taxpayers’ hard-earned money.Since allowing adversaries to manage your core networks is a strategic vulnerability, a better alternative would be to give domestic players a target for eliminating Huawei from their 4G networks over time. If the indigenous solution is any good, some players will consider opting for it. The second option is to support the indigenous 4G’s go-to-market programmes in other countries. Either way, the objective can be achieved without hoping against the BSNL hope.Finally, a reminder. The cost to society for one rupee raised by governments in India is ₹3 (Marginal Cost of Public Funds). So, Indians will be incurring nearly ₹5 lakh crores. For comparison, that is nearly 10 per cent of RBI’s foreign exchange reserves in equivalent rupees. Is protecting BSNL really worth this kind of expenditure?Course Advertisement: Admissions for the Sept 2022 cohort of Takshashila’s Graduate Certificate in Public Policy programme are now open! Visit this link to apply.PolicyWTF: Playing with Fire AgainThis section looks at egregious public policies. Policies that make you go: WTF, Did that really happen? - Pranay KotasthaneA couple of weeks ago, a film poster depicting Kaali Maa began an outrage cycle. As it happens with frightening regularity nowadays, it culminated in a couple of FIRs being filed against the director. Forget the fact that the movie was released in Canada by an Indian citizen from Tamil Nadu; the FIRs were nevertheless registered in Delhi and UP. It’s not worth spending time and energy on these Whack-A-Mole outrages. What concerns me more is the Indian High Commission in Ottawa’s press release. It read:We have received complaints from leaders of the Hindu community in Canada about disrespectful depiction of Hindu Gods on the poster of a film showcased as part of the 'Under the Tent' project at the Aga Khan Museum, Toronto.Our Consulate General in Toronto has conveyed these concerns to the organizers of the event.We are also informed that several Hindu groups have approached authorities in Canada to take action.We urge the Canadian authorities and the event organizers to withdraw all such provocative material. In the past, the official Indian position would have been to play the matter down and leave the issue to the host country. It is unusual and disappointing for an Indian embassy to act as a messenger for religious groups in other countries. Canadian citizens of the Hindu faith aren’t Indians. This admonishment by an Indian government entity is out of place.I say that the government is playing with fire here because acting on behalf of citizens of other countries—for whatever reason—is a slippery slope. There’s a reason that Indian immigrants are welcomed in many countries. Contrast that with China. The aggressive opposition by some Chinese immigrants against criticisms of the Chinese Communist Party in their host country ends up being detrimental to all Chinese immigrants. It’s in India’s interest that emigrants become trustworthy members of their host community. We shouldn’t go down the path China has.HomeWorkReading and listening recommendations on public policy matters[Article] In the last edition, we had written about the Enforcement Directorate’s zeal to slap charges of money laundering. This week, the Supreme Court upheld its powers under the Prevention of Money Laundering Act (PMLA). In his latest column, Pratap Bhanu Mehta explains why this implies, “Rather than being the guardian of rights, the Supreme Court is now a significant threat to it”.[Podcast] In the latest Puliyabaazi, we take a long hard look at the consequences of emigration on India. [Article] How can the government intervene to reduce dependence on Chinese pharma APIs? Bambawale et al. explain.[Paper] Jonathan Haidt has helpfully combined all the latest research on social media’s impact on society in this one master document. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com

The Ukrainian war is changing the very landscape of global energy. Russian oil flows have shifted to Asia. But this has consequences for the world at large.Refracs are the next big thing in oil! We just released a fantastic report on refracs in the Eagle Ford basin.Email us here at: info@pvmic.com for a free sample!Primary Vision Network is also offering access to our one-of-a-kind research portal via monthly and yearly subscriptions.Included in a monthly / yearly subscription:The National Frac Spread Count (updated weekly!)Oilfield Service analysis found nowhere else but here!Unique economic updates from across the globe!Bonus Company profiles, commentary and so much more!Go here to get started! https://primaryvision.co/subscription-plan/

#fracspreadcount #fracspread #Refracs #rigcount #usrigcount #gasrigcount #naturalgasStrong bounce in completion activity. What does this mean for the overall production going ahead?Refracs are the next big thing in oil! We just released a fantastic report on refracs in the Eagle Ford basin.Email us here at: info@pvmic.com for a free sample!Primary Vision Network is also offering access to our one-of-a-kind research portal via monthly and yearly subscriptions.Included in a monthly / yearly subscription:The National Frac Spread Count (updated weekly!)Oilfield Service analysis found nowhere else but here!Unique economic updates from across the globe!Bonus Company profiles, commentary and so much more!Go here to get started! https://primaryvision.co/subscription-plan/

/// Get The National Frac Spread Count on Friday! The last slowdown was seasonal, and we recovered from it. This one that we are witnessing is a counter seasonal one. Mark tries to answer the question: Will it last long?Refracs are the next big thing in oil! We just released a fantastic report on refracs in the Eagle Ford basin.Email us here at: info@pvmic.com for a free sample!Primary Vision Network is also offering access to our one-of-a-kind research portal via monthly and yearly subscriptions.Included in a monthly / yearly subscription:The National Frac Spread Count (updated weekly!)Oilfield Service analysis found nowhere else but here!Unique economic updates from across the globe!Bonus Company profiles, commentary and so much more!Go here to get started! https://primaryvision.co/subscription-plan/

Refracs are the next big thing in oil! We just released a fantastic report on refracs in the Eagle Ford basin.Email us here at: info@pvmic.com for a free sample!Primary Vision Network is also offering access to our one-of-a-kind research portal via monthly and yearly subscriptions.Included in a monthly / yearly subscription:The National Frac Spread Count (updated weekly!)Oilfield Service analysis found nowhere else but here!Unique economic updates from across the globe!Bonus Company profiles, commentary and so much more!Go here to get started! https://primaryvision.co/subscription-plan/

Refracs are the next big thing in oil! We just released a fantastic report on refracs in the Eagle Ford basin.Email us here at: info@pvmic.com for a free sample!Primary Vision Network is also offering access to our one-of-a-kind research portal via monthly and yearly subscriptions.Included in a monthly / yearly subscription:The National Frac Spread Count (updated weekly!)Oilfield Service analysis found nowhere else but here!Unique economic updates from across the globe!Bonus Company profiles, commentary and so much more!Go here to get started! https://primaryvision.co/subscription-plan/

1. The Piceance Basin has 300 trillion cubic feet of natural gas, 25% of the liquid rich natural gas can be recovered. Mancos shales are located in the Piceance Basin. 2. The Dollar is a commodity and its value is determined by its strength of demand against other currencies. For example, as the dollar gains in strength over the euro then more investors take their euros and buy dollars. The demand for the dollar increases. 3. The high cost of gasoline make the extraction of shale possible. Horzontal drilling and shale oil extraction technology have increased the supply of oil to market. 4. China will develop localized shale oil extraction to meet their energy needs 5. Congress is supporting more development of synthetic oil from shale 6. The high price of oil has caused Shale oil too boom . As a result , the price of oil drop below $50 a barrel . The falling oil prices have strangled Russian oil profits 7. New Mexico is the largest oil and natural gas producer, generating over $15 billion in oil and natural gas production and generating 18% of the state and local government revenue. (http://amigosbravos.org/oil-gas) 8. Shale production from fields like Marcellus, Haynesville, and Eagle Ford are projected to account for 49% of US gas production by 2035. (http://www.sourcewatch.org/index.php/Shale_formations_in_the_United_States) 9. Economic wells of shale are 300 to 600 feet thick. Barnett shale of Texas is 100 to 1000 feet thick at a depth of 8000 feet. 10. The Antrim Shale deposit appears to be biogenic generated from the deep earth biosphere --- Send in a voice message: https://anchor.fm/david-nishimoto/message

Tim Weber, a private investor, returns to the podcast to provide an update on the $AMPY thesis and then discuss his double dog index, why it's been crushing the market so far this year, and his outlook for the dogs from here.Twebs double dog post: https://twebs.substack.com/p/introducing-the-double-dog-index?r=f389n&utm_campaign=post&utm_medium=web&s=rNote that there was a slight delay on Tim's end with the audio; I don't think it's a huge issue but wanted to assure you you are not going crazy if you hear a slight delay!Chapters0:00 Intro1:55 AMPY Update12:15 AMPY going forward19:15 The potential Eagle Ford sale and what it means of AMPY's PV-1024:05 AMPY's "generalist risk"26:45 Beta's California risk30:30 AMPY closing thoughts33:50 Discussing the double dogs index36:30 The United Steel (X) example42:10 What double dogs does Tim think are most attractive right now?47:20 Does the rush into the commodity space worry Tim?51:00 Should we be looking at broken growth instead of deep value right now?

ROBERT ROTHER, VICE PRESIDENT, ENGINEERING AND OPERATIONS, Merica Oil Company Robert Rother gained a Business Degree from the respected University of Oklahoma. He went on to obtain a certificate from The Leadership Academy in 2011. Formerly with Devon Energy Corporation, his over 18 years as a Petroleum and Reservoir Engineer has led to his expertise in the Eagle Ford, Mississippian Lime, Delaware, Permian, and Anadarko Basins. His skill set in the oil and gas industry includes field and reservoir studies, strategic portfolio modeling and analytics, log and seismic interpretation, acquisition and divestment analysis, regulatory compliance, reserve economics, capital budgeting, optimized well spacing and development plans, development and implementation of safety programs. Mr. Rother has proven himself extremely valuable through effective management and precise problem solving. His sound and systematic approach to business management will benefit the Partnership's success. From their website: You Have to Be Able to Trust the People You Do Business With. That's Why Our Motto is "Investors First." Our investment funds are offered as a Limited Partnership to Accredited Investors wishing to invest in positive returns on investment (ROI), long-term revenue potential, and drilling and depreciation tax deductions. We believe that with a strong combination of high ROI potential, long-term passive income, tax benefits, and portfolio diversification through investment in an oil and gas fund makes good business sense. MISSION STATEMENTWe seek to create income, positive returns, and generational wealth through investments in energy, thereby resulting in long term investor relationships. CORE VALUESOur core values are Honor, Transparency, Discipline, Courage, and Commitment and being Results Oriented. Limited Partnership to Accredited Investors wishing to invest in positive returns on investment (ROI), long-term revenue potential, and drilling and depreciation tax deductions. We believe that with a strong combination of high ROI potential, long-term passive income, tax benefits, and portfolio diversification through investment in an oil and gas fund makes good business sense. CHARITIES SUPPORTED In appreciation of first responders, Merica Oil Company supports the following charities: The Semper Fi & America's Fund provides immediate financial assistance and lifetime support to combat wounded, critically ill and catastrophically injured members of all branches of the U.S. Armed Forces and their families by delivering the resources they need during recovery and transition back to their communities, working to ensure no one is left behind. Merica Oil's founder, Franz Ronnie, is an active participant in and supporter of the Fund. The Tunnel to Towers Foundation honors the sacrifice of firefighter Stephen Siller who laid down his life to save others on September 11, 2001, and the military and first responders who continue to make the supreme sacrifice of life and limb for our country. MID-CONTINENTREVENUE FUND I LP The Mid-Continent Revenue Fund I LP (MCRF-I or the Fund) is our first fund offering and add to this sentence as follows: consisting of oil and gas Prospects in Barber, Comanche, Rawlins, and Rooks Counties, Kansas. The Mid-Continent Revenue Fund I LP (MCRF-I or the Fund) is our first fund offering. MCRF-I is a Limited Partnership created to build a portfolio of wealth from both oil and gas production. The Fund's Prospects are surrounded by proven reserves and include potential drilling locations that have been identified by geologists and 3D seismic. This Fund should be economically viable even with $29/bbl oil, with significant upside as oil and gas demand and prices increase. By kick-starting the program with a workover program on 5 existing wellbores, cashflow is anticipated within several months after the acquisition of the leases. The 10 new well drills are planned to be drilled consecutively thereafter. MCRF-I FACTS AT-A-GLANCE • Offering Size: $8,000,000 • Unit Size:$160,000 Per Unit 50 Units (Partial Units Available) • Fund Ownership: ~100% WI with 78% NRI • Fund Registration - SEC exemption: Regulation D -Rule 506(c) • Closing Date: March 31, 2022 • Issuer Name: Mid -Continent Revenue Fund I, LP • Asset Type: Oil & Gas Drilling Program • Fund Eligibility: For Accredited Investors only Development Locations: Barber, Comanche, Rawlins, & Rook Counties, KansasLease Acreage: 3,520 acres480 acres - unlimited depth3,040 acres - depth limited to 50' below the Mississippian formationProgram Wells: 5 Workovers (including 3 Producing) & 10 New WellsPay Zones: 6 possible zones - Arbuckle, Cherokee, Lansing, Marmaton, Mississippian, & Pawnee

David Spyker joins us from Freehold Royalties, a publicly traded minerals & royalties company on the Toronto Stock Exchange. During the episode, David walks through Freehold's expansion strategy into the US, including the recent $58mm transaction they closed across the Permian, Eagle Ford and Haynesville.

Another week, another rant from the team over at www.oilandgas360.com. We rant about: $OVV selling Eagleford assets, lol Hedging update $SM lives to fight another week International News Desk Email the show to tell me how wrong I am - mtanner@enercominc.com