Oklahoma City-based American Energy Partners LP (AELP) has hired John K. Reinhart as the chief operating officer for its affiliates American Energy – Utica LLC (AEU) and American Energy – Marcellus LLC (AEM). Reinhart, 45, previously worked for Chesapeake Energy Corp. for eight years in increasing roles of importance. In 2006-07, he served as a senior asset manager in the Anadarko Basin region of the Southern Division; in 2007-09, he served as manager – Engineering Technology; in 2009-13, he served as vice president Operations – Eastern Division (where he led the start-up, growth, and development of Chesapeake's Marcellus and Utica assets from initial gross operated production levels of 5 mmcfd in 2009 to over 2,500 mmcfd and 24,000 bopd, helping make Chesapeake the largest oil and natural gas producer in Appalachia); and in 2013-14, he served as SVP – Operations and Technical Services (where he led a team of 1,400 employees who provided technical and operational services in Land, Supply Chain, Marketing, and Operational/Technical Services that executed development strategies for the company's asset teams).
Prior to Chesapeake, Reinhart worked for Schlumberger Ltd. for 11 years in various engineering and operational leadership roles. He earned a Bachelor of Science in Mechanical Engineering from West Virginia University in 1994.
AEU and AEM have built an industry-leading position in the southern Utica Shale in eastern Ohio and a strong position in the Marcellus Shale in northern West Virginia. AEU and AEM plan to drill over 3,000 gross wells in Ohio and West Virginia over the next decade, a planned investment of approximately $20-25 billion in those two states.
Recommended Reading
Shell’s CEO Sawan Says Confidence in US LNG is Slipping
2024-02-05 - Issues related to Venture Global LNG’s contract commitments and U.S. President Joe Biden’s recent decision to pause approvals of new U.S. liquefaction plants have raised questions about the reliability of the American LNG sector, according to Shell CEO Wael Sawan.
BP Pursues ‘25-by-‘25’ Target to Amp Up LNG Production
2024-02-15 - BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.
Some Payne, But Mostly Gain for H&P in Q4 2023
2024-01-31 - Helmerich & Payne’s revenue grew internationally and in North America but declined in the Gulf of Mexico compared to the previous quarter.
Green Swan Seeks US Financing for Global Decarbonization Projects
2024-02-21 - Green Swan, an investment platform seeking to provide capital to countries signed on to the Paris Agreement, is courting U.S. investors to fund decarbonization projects in countries including Iran and Venezuela, its executives told Hart Energy.
Sunoco’s $7B Acquisition of NuStar Evades Further FTC Scrutiny
2024-04-09 - The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Sunoco’s pending acquisition of NuStar Energy has expired, bringing the deal one step closer to completion.