HFI: Oil Bears "Will Get Their Faces Ripped Off"

Living On Borrowed Time - Speculators who are currently short oil will get their faces ripped off; Western Haynesville Wildcats’ Output Up as Comstock Loosens Chokes; EIA reports U.S. natural gas storage jumped 58 Bcf; Matador Resources finalizes a $1.8B acquisition of Ameredev and updates development strategies; Kimmeridge and Commonwealth LNG ink LNG supply deal with Glencore for U.S. and European projects.

Rate -> Cut. Oil -> Down.

Oil prices fall as US rate cut fails to boost market sentiment; EQT CEO sees natural gas prices remaining below $3/mmBtu; WhiteHawk Energy Adds Marcellus Shale Mineral, Royalty Assets; ConocoPhillips CEO urges White House to use U.S. natural gas.

In My IPO Era

Two O&G IPO's announced! Barnett Shale's BKV to Launch Delayed IPO of Natgas-focused E&P; Jack Vaughn-Led Peak Resources Files for Powder River Basin IPO; Dorchester Inks $215mm Deals for Midland, Delaware and D-J Basin Interests; Big Energy Issue in Pennsylvania Is Low Natural Gas Prices. Not Fracking.

OPEC to the Rescue?

As Crude Markets Turn Bearish, Will OPEC Come to the Rescue? U.S. oil and gas rigs see increase after five weeks of decline;Rising Phoenix: The Anti-Permian Minerals Firm Buying ... Permian.

Flowback Water for Drinking Water in NM?

Double Eagle Can't Lose - $1.1B from Viper

Diamondback’s Viper Buys $1.1B in Permian Mineral from Tumbleweed Royalty (Double Eagle Energy Mgmnt); Argentina anticipates $15B in energy investments due to deregulation; ONEOK offers $7B in notes to fund Enlink and Medallion acquisitions; Nearly 40% of US Gulf of Mexico crude oil shut-in by hurricane.

APA Continues The Non-Core Narrative

APA Corporation announces a $950M sale of non-core Permian Basin assets; Diamondback closes $2.6B deal with Endeavor, forming the last "Permian Sandbox."; Hurricane Francine causes 23% shutdown in Gulf oil production; U.S. EIA raises oil demand forecast; prices to recover above $80.

Kelcy Warren Has Greenpeace on the Ropes

The Texas billionaire drives Greenpeace USA toward bankruptcy with legal challenges; Tropical storm threatens 125,000 bpd in Gulf of Mexico production; Five Point Energy closes its Infrastructure Fund IV with $1.4 billion in commitments; Post Oak-backed Quantent closes a Haynesville deal in North Louisiana, expanding its shale gas footprint.

O&G Blacklisting Is Backfiring

ESG hedge funds struggle with oil and gas blacklisting; Bearish sentiment drives oil markets lower; Oil and gas to stay central to energy mix according to Rystad.

Landman Trailer Drops 🍿🎥🎬🍿

Paramount drops a trailer for Taylor Sheridan's "Landman" TV show. Debuts on Nov 17th; America's Top Oil Field Terrorized By Armed Venezuelan Gangs; OPEC+ members extend voluntary production cuts for 2 months.

M&A Froth in 2024

US oil and gas M&A nears 2023 record as focus shifts from Permian; Crescent acquires Eagle Ford assets in a $168 million deal; Williams to add 4.2-bcfd of US natgas projects in 2024-2027; Chesapeake Energy continues to curtail US natural gas production.

Crude's Labor Day Nose Dive

U.S. crude oil falls more than 4%, closes at lowest level since December to erase 2024 gains; Voyager Midstream (backed by Billy Quinn's Pearl) buys Haynesville GP assets from Phillips 66; SandRidge Energy closes $144 million acquisition in the Western Anadarko Basin.