This is your Hart Energy A&D Minute with Jordan Soto and powered by Hart Energy's Influential Women in Energy Luncheon and Networking Event.
Midstream deals continued their recent hot streak with Phillips 66 agreeing to pay a whopping $3.8 billion to acquire more ownership in DCP Midstream’s NGL business. Here’s what the Phillips 66 expects in savings and earnings.
With the sudden outbreak of midstream M&A, Senior Editor Joseph Markman spoke to analysts about what’s fueling the multi-billion dollar shopping spree and whether those deals were thrifty or a touch overpriced. Read about it here.
And in Alaska, a lease sale in the Cook Inlet got a chilly reception, which is probably just fine with Hilcorp Alaska — the sole bidder for seven leases on federal and state lands. Here’s where they bought and what they bid.
That’s your Hart Energy A&D Minute powered by the Influential Women in Energy Luncheon and Networking Event on Feb. 7 in Houston.
Also, watch new A&D Minute episodes every Wednesday, and don’t forget to sign up for our A&D Watch newsletter at HartEnergy.com/newsletters/ad-watch.
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BP Restructures, Reduces Executive Team to 10
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