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Deon Daugherty

Houston

Editor-in-Chief at Oil and Gas Investor

Editor-In-Chief Oil & Gas Investor, a https://t.co/jpdHCJBe2i magazine Independent journalist. Investigative reporter. Old School pest. #energytwitter

Articles

  • 1 week ago | hartenergy.com | Deon Daugherty

    EOG Resources’ $5.6 billion acquisition of Encino Acquisition Partners shocked the market after it was announced on May 30, but analysts expect investors to come around once they evaluate the assets and the opportunity. “We believe investors will warm up to the deal as they assess the scale and benefits EOG can extract over a 1.1 million net-acre position in Ohio,” said Tim Rezvan at KeyBanc Capital Markets.

  • 1 week ago | hartenergy.com | Deon Daugherty

    Editor's note: This is a breaking news article. Check back for additional details. EOG Resources will buy Encino Acquisition Partners from Canada Pension Plan Investment Board (CPP) and Encino Energy, a top producer in Ohio Utica Shale, for $5.6 billion. EOG said the transaction, which will be purchased with $3.5 billion in debt and $2.1 billion cash, will create a leading producer in the Utica.

  • 1 week ago | hartenergy.com | Deon Daugherty

    Evidence of the producer caution reflected during first-quarter reporting is beginning to show up in ways that could hint at longer term planning. Drilling permits submitted to the Texas Railroad Commission in April declined from March and as much as 20% since January in the Permian Basin. But in just a few more days, the May numbers will reveal if the drop-off is a trend.

  • 2 weeks ago | hartenergy.com | Deon Daugherty

    Liberty Energy CEO Ron Gusek takes a pragmatic view of market volatility that drove some producers to begin reducing spending plans and rig counts during the first quarter. “I don't know how steep that's going to be,” he said during a presentation at Hart Energy’s SUPER DUG 2025 Conference & Expo on May 14.

  • 2 weeks ago | hartenergy.com | Deon Daugherty

    FORT WORTH, Texas—BPX Energy is taking an approach that’s “a little bit country, a little bit rock and roll” to develop, and then redevelop, its most prolific wells in the South Texas Eagle Ford Shale. “I like to think about BPX as a little bit country, a little bit rock and roll,” said Shawn Holzhauser, vice president for development at BPX, during Hart Energy’s SUPER DUG 2025 Conference & Expo on May 15.

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