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Matthew Veazey

Matthew Veazey joined NGI as an associate editor in October 2021. He has covered the energy industry for more than two decades, including 15 years covering the upstream and downstream oil and gas sectors at Rigzone. Matthew holds a bachelor of arts degree in English and MBA from the University of Louisiana at Lafayette and a master's degree in mass communication from Louisiana State University.

Permian Pure-Play Laredo Sees Diesel, Chemical Costs as Wildcards

Permian Pure-Play Laredo Sees Diesel, Chemical Costs as Wildcards

Laredo Petroleum Inc. has locked in pricing for most of its oilfield services operations through the rest of this year to counter inflation, but costs for the diesel fuel and chemicals needed to sustain them remain harder to predict. “We worked with our service partners to lock in 85% of expected drilling, completions, equipment and…

May 20, 2022
Atmos Says Natural Gas Fuel Cell Offsets More Carbon than Solar, Wind in Less Space

Atmos Says Natural Gas Fuel Cell Offsets More Carbon than Solar, Wind in Less Space

A newly installed natural gas-powered fuel cell at Atmos Energy Corp.’s corporate data center generates low-emission, grid-independent electricity, and the Dallas-based utility is finding more ways to curb emissions as its multistate customer base grows. “Natural gas once again proves it plays a pivotal role in lowering greenhouse gas emissions while increasing reliability to our…

May 20, 2022
U.S. OFS Jobs Jump by 8,600-Plus in April from March

U.S. OFS Jobs Jump by 8,600-Plus in April from March

U.S. oilfield services (OFS) and equipment sector employment reached an estimated 622,309 jobs in April, its highest level since September, the Energy Workforce & Technology Council reported in early May. “Oil and gas demand has continued to increase, and global demand will continue to rise as more countries cut off imports of Russian energy resources,”…

May 19, 2022
PDC Eyeing Double-Digit Oil, Natural Gas Output Growth

PDC Eyeing Double-Digit Oil, Natural Gas Output Growth

Denver-based PDC Energy Inc. earlier this month closed on its $1.3 billion acquisition of crosstown independent Great Western Petroleum LLC and is forecasting production growth of as much as 23% by the end of June “We’re ready to start this integration,” CEO Bart Brookman told analysts during the earnings call for the first quarter. PDC…

May 16, 2022
U.S. Liquids Pipeline Safety Improving, Say Trade Groups

U.S. Liquids Pipeline Safety Improving, Say Trade Groups

The safety of U.S. liquids pipelines has improved across several key metrics over the past five years, according to a new joint report from the American Petroleum Institute (API) and the Association of Oil Pipe Lines (AOPL). “Pipelines are not only the best way to deliver large volumes of liquids energy; they are also the…

May 13, 2022
Rangeland Scoping Out Midstream Assets with EnCap Commitment

Rangeland Scoping Out Midstream Assets with EnCap Commitment

Midstream infrastructure operator Rangeland Energy has formed a portfolio company to pursue acquisitions and projects in conventional and unconventional natural gas and oil plays, along with “decarbonization” opportunities in North America. Rangeland, based near Houston in Sugar Land, formed Rangeland Energy IV after securing a $300 million equity commitment from EnCap Flatrock Midstream. “Rangeland IV…

May 12, 2022
EOG to Develop Austin Chalk, Eagle Ford Zones in Tandem at Gassy Dorado

EOG to Develop Austin Chalk, Eagle Ford Zones in Tandem at Gassy Dorado

EOG Resources Inc. has updated its plans for developing stacked natural gas pay zones in the massive Dorado natural gas play in the Austin Chalk and Eagle Ford Shale in South Texas. “Our preliminary plan for the play was to focus initial development on the Austin Chalk formation and then follow that with the Eagle…

May 10, 2022
Civitas Builds Natural Gas, Oil Drilling Inventory in Colorado’s DJ

Civitas Builds Natural Gas, Oil Drilling Inventory in Colorado’s DJ

Denver-based Civitas Resources Inc., the largest producer in the Denver-Julesburg (DJ) Basin, has already secured most planned drilling permits for 2022, the management team said recently. “We’re over 90% permitted for the year,” Civitas’ COO Matt Owens told analysts during the earnings call to discuss first quarter results. Civitas last year completed its takeover of…

May 9, 2022
Comstock CEO Says Taking Stakes in LNG Terminals ‘Logical Next Step’

Comstock CEO Says Taking Stakes in LNG Terminals ‘Logical Next Step’

The management team for Comstock Resources Inc., the largest exploration and production (E&P) firm focused on the gassy Haynesville Shale, on Tuesday signaled it would consider taking stakes in a liquefied natural gas (LNG) export facility. Citing the Haynesville’s proximity to Gulf Coast LNG export terminals, CEO Jay Allison told analysts during a call to…

May 5, 2022
Matador’s Lower 48 Natural Gas, Oil Output Set to Climb 14%

Matador’s Lower 48 Natural Gas, Oil Output Set to Climb 14%

Matador Resources Co., whose upstream operations span the Eagle Ford and Haynesville shales, as well as the Permian Basin, reported record production in the first quarter with plans to top that by the end of June. “The first quarter of 2022 was another outstanding quarter both operationally and financially for Matador, highlighted by the successful…

May 2, 2022
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