Hart Energy's 2016 Executive Oil Conference delivered on its election-year theme, "The Permian Wins Again. A record crowd of over 1,200 oil and gas professionals (up ~16% from 2014 and 2015) gathered November 7-8 at the Midland County Horseshoe Pavilion in Midland, TX. An estemmed slate of speakers provided an in-depth look at the Permian's prolific plays and how producers are leveraging efficient strategies and technologies to remain profitable.
The event kicked off on November 7 with a sold-out annual golf tournament at the Odessa Country Club. Over 200 golfers gathered on the course for friendly competition and networking. Proceeds from the event were donated to the Folds of Honor Foundation.
That evening, Hart Energy honored Permian legend Scott Sheffield, Pioneer Natural Resources' Chairman and CEO, with an Industry Leadership Award at the sold-out annual Energy Executive Dinner. The event also honored recipients of the Hearst Energy Awards, presented by the Midland Reporter-Telegram.
Oil and gas executives are the Executive Oil Conference's main attraction. Senior-level leaders from top producers like Pioneer Natural Resources, Apache Corp. and Approach Resources discussed how producers and technologies providers are cutting costs and increasing profits during the event’s conference sessions.
Scott Sheffield, Chairman and CEO, Pioneer Natural Resources
John J. Christmann, CEO and President, Apache Corp.
J. Ross Craft, Chairman, Chief Executive Officer & President, Approach Resources Inc.
Randy Foutch, Founder, Chairman and CEO, Laredo Petroleum Inc.
Tom Meneley, Chairman and CEO, Plantation Petroleum Co. LLC
Joe Gatto, President and Chief Financial Officer, Callon Petroleum Co.
Jeff Tillery, Managing Director, Head of Capital Markets, Tudor, Pickering, Holt & Co.
John Lindsay, Chief Executive Officer, Helmerich & Payne Inc.
The event's packed exhibit floor features more than 60 of the industry’s top service and technology providers who are helping producers cut costs and maximize output.
Mark your calendars – the Executive Oil Conference will return to the Midland County Horseshoe Pavilion in Midland, TX November 6-7, 2017. Hart Energy's DUG Permian Basin delivers another dose of in-depth coverage in the region April 3-5 at the Fort Worth Convention Center in Fort Worth, TX.
US Drillers Add Oil Rigs For Fifth Straight Week U.S. energy companies added oil rigs for a fifth straight week, extending a nine-month recovery as drillers take advantage of crude prices that have held mostly over $50 a barrel since OPEC agreed to cut supplies in late November.Drillers added six oil rigs in the week to Feb. 17, bringing the total count up to 597, the most rigs since October 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said Feb. 17. During the same week a year ago, there were 413 active oil rigs.Since crude prices first topped $50 a barrel in May after recovering from 13-year lows last February, drillers have added a total of 281 oil rigs in 34 of the past 38 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid-2014.
US Senate Confirms Scott Pruitt As EPA Head The U.S. Senate confirmed President Donald Trump's pick to run the Environmental Protection Agency (EPA) on Feb. 17 as the administration readies executive orders to ease regulation on drillers and miners.Senators voted 52-46 to approve Oklahoma Attorney General Scott Pruitt, who Senator John Barrasso, a Republican and the head of the chamber's environment committee, said would reform and modernize the EPA.Republicans have said the agency has killed jobs in coal and in oil drilling by limiting emissions and nearly all Republican senators voted for him.