At Hart Energy’s Viewpoint Executive Energy Club, Stratas Advisors directors gave industry executives a wide-ranging view and key to competing in the upcoming year.
Emergency in orbit—and how it was successfully handled—can teach energy executives how to maneuver through a downcycle.
Despite a disconnect between the company’s performance and shareholder perception, Kinder Morgan shows strong performance but plans to cut dividends, focus on the highest-return projects and reduce spending by nearly $1 billion.
Industry’s deal activity sunk in the past year while soaring in general.
Revolving credit facility borrowings will fund the remaining $70 million cash purchase price for the Golar Tundra. About $380 million of debts will then mature in 2021 instead of from 2018.
Midstream assets figure heavily into deal, with Dominion calculating that $425 million in EBITDA could be moved into its midstream MLP. The merger would put Eastern and Western gas market under Dominion’s roof.
The assets include 100% working interest in select Deep Basin and central Alberta gas processing facilities and related infrastructure. The majority are located in Tidewater's core West Pembina region.
In connection with the transaction, TransMontaigne Partners LP’s senior secured credit facility was amended, reflecting ArcLight as the indirect owner of the general partner interest.
Craig Pierrotti, CAM’s CEO, was executive vice president for CH2M’s oil, gas and chemicals. Mitch Stamper was a facilities engineering manager for East Texas and North Louisiana at Anadarko Petroleum.
Produced and flowback water is treated and recycled with proprietary systems, which are designed to cut water-specific operating costs by eliminating wastewater transportation and disposal and freshwater sourcing and transportation.
Investment vehicles that funneled more than $100 billion into U.S. pipelines, storage and other facilities during the shale boom now face an existential crisis.