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Carolyn Davis

Carolyn Davis joined the editorial staff of Intelligence Press Inc. in Houston in May, 2000. Prior to that, she covered regulatory issues for environmental and occupational safety and health publications. She also has worked as a reporter for several daily newspapers in Texas, including the Waco Tribune-Herald, the Temple Daily Telegram and the Killeen Daily Herald. She attended Texas A&M University and received a Bachelor of Arts degree in journalism from the University of Houston.

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Managing Editor, News | Houston, TX

@CarolynLDavisME

email carolyn.davis@naturalgasintel.com

APA Selling Bundle of Natural Gas-Weighted Properties in Upper Eagle Ford, Permian

APA Selling Bundle of Natural Gas-Weighted Properties in Upper Eagle Ford, Permian

Houston-based APA Corp. has clinched agreements to sell some natural gas-weighted assets across Texas for more than $700 million. Subsidiary Apache Corp., which oversees exploration and production activity, is divesting properties in the Upper Eagle Ford Shale, which is generally in East Texas. It also is selling properties in West Texas within the Permian Basin’s…

May 22, 2024
Haynesville Activity ‘Soft’ as Permian Associated Natural Gas Supply Competes, Says Patterson-UTI CEO

Haynesville Activity ‘Soft’ as Permian Associated Natural Gas Supply Competes, Says Patterson-UTI CEO

Mergers by exploration customers and low natural gas prices continue to be a headwind in the Lower 48 for the oilfield services sector, but impacts may begin to ease later this year, according to completions expert Patterson-UTI Energy Inc.  U.S. land activity “continues to be cautious and reflects slightly lower activity than we saw to…

May 21, 2024
Crescent Energy Building Eagle Ford Natural Gas, Oil Portfolio in Friendly Merger with SilverBow

Crescent Energy Building Eagle Ford Natural Gas, Oil Portfolio in Friendly Merger with SilverBow

Houston-based Crescent Energy Co. has agreed to tie-up with cross-town rival SilverBow Resources Inc. to create one of the largest exploration and production companies in the Eagle Ford Shale of Texas, loaded with natural gas, liquids and oil opportunities. The estimated $2.1 billion transaction, announced Thursday, comes about a month after activist investor Kimmeridge Energy…

May 16, 2024
‘Unprecedented Surge’ in U.S. Power Demand Requires Transmission Overhaul, Says FERC Chair

‘Unprecedented Surge’ in U.S. Power Demand Requires Transmission Overhaul, Says FERC Chair

FERC acted to revamp the entire U.S. transmission grid to prepare for extreme climate threats and face the challenge of growing power demand – including for natural gas-fired generation – via a rulemaking that outlines how to plan and pay for facilities. Still to come are the legal battles. The Federal Energy Regulatory Commission on…

May 16, 2024
Western Canada’s 1 Bcf/d Yellowhead Natural Gas Pipe to Move Supply to Dow Cracker – and Beyond

Western Canada’s 1 Bcf/d Yellowhead Natural Gas Pipe to Move Supply to Dow Cracker – and Beyond

A 124-mile-long Western Canadian natural gas pipeline system that would deliver about 1 Bcf/d from west-central Alberta to northeastern Edmonton is in the works by a unit of Atco Ltd. The Yellowhead Mainline project, announced by Calgary-based Canadian Utilities Ltd., would cost more than C$2 billion (C$1.00/US 73 cents), according to preliminary estimates. The system…

May 15, 2024
BP Playing Contrarian on Low Natural Gas Prices, as Haynesville Output ‘Hedged Out’ through 2024

BP Playing Contrarian on Low Natural Gas Prices, as Haynesville Output ‘Hedged Out’ through 2024

BP plc will continue to pump out “prolific” natural gas volumes from the Haynesville Shale as hedges are in place pricing the supply at around $4.00/Mcf through this year, CEO Murray Auchincloss said Tuesday.  Auchincloss discussed first quarter performance during a conference call. He was asked why domestic gas volumes continue to be high in…

May 8, 2024
Coterra Curtailing Marcellus Completions, Cautiously Awaiting Stronger Natural Gas Prices 

Coterra Curtailing Marcellus Completions, Cautiously Awaiting Stronger Natural Gas Prices 

Houston-based Coterra Energy Inc. is shifting its near-term capital spending in the Lower 48 to focus on oil and liquids-rich plays, but optionality is still in play to take advantage of a “structural change in the natural gas macro” later this year, CEO Tom Jorden said. During the first quarter conference call, Jorden said caution…

May 7, 2024
Comstock’s Haynesville-to-Gulf Coast Strategy On Track, but Coping with Low Natural Gas Prices Job No. 1

Comstock’s Haynesville-to-Gulf Coast Strategy On Track, but Coping with Low Natural Gas Prices Job No. 1

Nearly everything is in place for Haynesville Shale pure-play Comstock Resources Inc. to become a major LNG supplier. First, though, the company has an “all-hands” effort to manage the assets with uncooperative natural gas prices. CEO Jay Allison discussed the first quarter performance and the outlook during a recent conference call. It was a tough…

May 6, 2024
Is FTC Scrutiny of ExxonMobil, Pioneer Natural a Warning Sign? Sheffield Responds

Is FTC Scrutiny of ExxonMobil, Pioneer Natural a Warning Sign? Sheffield Responds

ExxonMobil on Friday clinched its $65 billion tie-up with Permian Basin heavyweight Pioneer Natural Resources Co., but the merger has not come without drama. The transaction, announced last October, moves ExxonMobil to the top of the heap in the Permian, with control of 1.4 million-plus net acres in the Delaware and Midland sub-basins. Estimated output…

May 6, 2024
Data Center Natural Gas Opportunities? Bring It, Says EnLink CEO

Data Center Natural Gas Opportunities? Bring It, Says EnLink CEO

Dallas-based EnLink Midstream LLC, whose natural gas transport options extend from the Permian Basin to Louisiana, is looking to the “longer-term setup” for incremental demand growth, including the potential to power artificial intelligence (AI) data center growth, CEO Jesse Arenivas said. He discussed first quarter performance during a recent conference call and highlighted how the…

May 6, 2024
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