Energy reporter in Houston @Business. đVoice of the Grizzlies. @Mizzou grad. Formerly @startelegram @DallasBizNews. Opinions = mine. Retweets not endorsements.
Houston, Texas
Joined August 2011
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Confirming an earlier scoop from @davidcarnevali and me this morning -- Devon agreed to sell its drilling portfolio in the Eagle Ford shale basin of South Texas to Crescent Energy, an oil producer backed by KKR bloomberg.com/news/articles/âŚ
'My oil price crystal ball broke when the administration first hit Iran.' Shale bosses are expressing frustration with their inability to plan for the future amid chaos and instability in global crude prices due to the war in Iran w/@catarinasaraiva bloomberg.com/news/articles/âŚ
A rare public rift has opened in the US oil patch: Pioneer founder Scott Sheffield claims ExxonMobil CEO undermined him to push through a $60 billion mega-deal. w/@CrowleyKev
bloomberg.com/news/articles/âŚ
With universities now paying its athletes a cut of their revenue, college sports are starting to resemble the pro leagues both on and off the field.
Nice reporting from @JanetLorin here. bloomberg.com/news/articles/âŚ
Confirming an earlier scoop from @AriNatter, legendary shale pioneer Harold Hamm is making his first foray in Venezuela, targeting conventional drilling first.
Includes reporting from me and @zerpius. bloomberg.com/news/articles/âŚ
President Donald Trump has boasted that his sweeping oil accord with Venezuela â effectively giving the US control over much of the nationâs crude wealth â is possibly âthe greatest deal ever made.â bloomberg.com/news/articles/⌠w/ @jendlouhyhc & @CrowleyKev
To stem a slowdown in US oil production, shale drillers are turning to one of the industry's hottest new technologies: better soap. My latest on the efficiencies of the shale patch. bloomberg.com/news/articles/âŚ
David Wethe retweeted
When LeBron James signed up to lead the Los Angeles Lakers to NBA glory with a $154 million contract in 2018, it wasnât the biggest deal he did that year. Just months before he joined, an LLC he controls borrowed almost $300 million from a pair of Midwestern life insurers. Read more: bloom.bg/46kJhPr
đˇď¸: Sean M. Haffey/Getty Images
Oil and gas producersâ swelling power needs are hitting the West Texas region just as technology companies target the worldâs most productive shale basin for data centers, sending electricity demand soaring. bloomberg.com/news/articles/⌠w/@julianhast
Even before the war in Iran, the oil industry's center of gravity was starting to shift away from the Middle East and toward the Americas, writes @JavierBlas bloomberg.com/opinion/articlâŚ
David Wethe retweeted
Ten years ago I gave a Permian talk at an IBD event in London. Recall the host - a friend - saying afterwards....."That was a lot of excitement." A polite way of asking why I was so spirited. đ Since then, total Permian lateral length drilled equals 9 DFW to London round trips.
Oil's longest-serving current CEO at a major operator is retiring next month with ConocoPhillips' Lance announcement today. Just the latest among US shale drillers over the past 18 months. bloomberg.com/news/articles/âŚ
SCOOP from my colleague @CrowleyKev: The US is advancing talks for a pipeline that would carry oil from Iraq to Syria, a route that avoids the Strait of Hormuz and would reduce Iranâs future leverage over global energy supplies bloomberg.com/news/articles/âŚ
ICYMI: Kimmeridge criticized Devonâs divestment program as too slow after the drillerâs $25 billion takeover of Coterra Energy; source says activist Toms Capital shares Kimmeridge view bloomberg.com/news/articles/⌠w/@_MengqiSun
David Wethe retweeted
Citi CEO Jane Fraser is quickly building a rapport with President Trump and his administration, a feat thatâs eluded many of her peers
My latest deep dive for @business đ
bloomberg.com/news/articles/âŚ
Known for his public candor and calling out anyone from Joe Rogan to Bernie Sanders, Diamondback Energy CEO Kaes Vanât Hof has become a de facto spokesperson for the US shale industry that's at a critical juncture bloomberg.com/news/features/âŚ
David Wethe retweeted
Exxon and ConocoPhillips are pushing for durable contract terms and a way to resolve billions of dollars owed to them as they consider re-entering Venezuela after exiting the country two decades ago, @CrowleyKev @jendlouhyhc @zerpius @DavidWethe report bloomberg.com/news/articles/âŚ
