DUG Gas+ Conference 2024 Speaker Presentations
This power pack includes all speaker presentations from DUG Gas+ Conference and Exhibition 2024.
Day 1: Wednesday, Mar 27th
Opening Keynote - Economic Resiliency With a Growth Mindset: TG Natural Resources
TG Natural Resources is one of the leading U.S. natural gas operators, producing more than 330 net MM cf/d from 188,000 net acres in the Haynesville Shale and Cotton Valley. In January, TG Natural Resources completed a $2.7 billion acquisition of Rockcliff Energy, which adds more than 200,000 net acres and 1.3 Bcf/d of gross operated natural gas production to its portfolio. Some of the key takeaways from this opening keynote address will include:
- Insight into TG Natural Resources’ operations and development plans
- A breakdown of the company’s acquisition of Rockcliff Energy and how the new assets fit into TG Natural Resources’ portfolio
- Perspective on consolidation in the U.S. natural gas sector and what it means for the industry
- Analysis of the U.S. natural gas industry’s role in global geopolitics and energy security
MODERATOR:
Nissa Darbonne, Editor-At-Large, Hart Energy
SPEAKER:
Craig Jarchow, CEO, TG Natural Resources
Energy, Climate, Poverty and Prosperity
The ultimate role of our industry has been to better human lives. This must continue to be our goal. Demand for hydrocarbons is at all-time highs and growing strongly. Natural gas has been the fastest-growing energy source over the last decade and almost certainly will be in the coming decade. Apologizing for our industry and talking endlessly of an energy transition is both ineffective and incorrect. The world desperately needs more energy to continue the life improvements everyone craves. We must do all we can to grow and improve our industry. The way forward is an honest, not political, dialogue about the world’s energy system and our role in it.
MODERATOR:
Jordan Blum, Editorial Director, Hart Energy
SPEAKER:
Chris Wright, Chairman & CEO, Liberty Energy
Navigating the Shifting Energy Landscape
Gas prices took a beating in 2023. But some analysts predict Henry Hub prices could reach $5+/MMBtu by 2025 as LNG demand increases. In this session, you’ll hear an in-depth analysis of:
- Natural gas price outlook for 2024
- The role of the Haynesville Shale and Appalachia in meeting global energy demand
- Rig activity estimates and trends for 2024 and what those estimates mean for growth strategies
- How future power supply/demand changes could impact the natural gas market
MODERATOR:
Deon Daugherty, Editor-in-Chief, Hart Energy
SPEAKER:
Jimmy McNamara, Senior Vice President, Enverus Intelligence Research
Operator Spotlight: Aethon Energy
MODERATOR:
Nissa Darbonne, Executive Editor-at-Large, Hart Energy
SPEAKER:
Andrea Passman, Chief Operating Officer, Aethon Energy
LNG Revolution: Unleashing the Potential of U.S. LNG Exports in a Booming Global Market
Five LNG terminals are under construction along the Gulf Coast, with nearly a dozen more possibly along the way to dramatically add to U.S. export capacity. LNG operators will talk about where their projects are at in the development cycle. You’ll also learn:
- The role of U.S. LNG exports on the international market and the global energy landscape
- The relationship between natural gas demand and the burgeoning LNG market amid market fluctuations
- What infrastructure and regulatory hurdles need to be overcome to pave the pathway for LNG’s full potential and export competitiveness
- How LNG could help solidify natural gas prices and become a stabilizing force and reduce market volatility
MODERATOR:
Jordan Blum, Editorial Director, Hart Energy
SPEAKER:
Mike Bock, Partner & CFO, Petrie Partners
Zack Van Everen, Director, Research, TPH& Co.
Amol Wayangankar, Principal and Founder, Enkon Energy Advisors
Stacked Pay in East Texas: Sponte Operating
Sponte Operating, in partnership with PetroCap, develops across 10,000 acres in the Haynesville Shale, with another 20 producing wells in the Cotton Valley and Pettit formations in Harrison and Panola counties, Texas. Discussion in this operator session will include:
- Sponte Operating’s development plans and operations update
- Insight into the future of large-scale fracs and longer lead times to production
- Lessons learned from parent/child well interactions and midstream build-out
- The future of asset valuation, inventory degradation and expansion in the Haynesville Shale.
MODERATOR:
Brian Walzel, Senior Editor, Hart Energy
SPEAKER:
Chris Widell, CEO, Sponte Operating
The Money: What Private Equity, Public Equity & Banks Want Today
Private equity continues to flow into onshore U.S. natgas E&P opportunities. Public equity is coming back to E&P stocks. And banks still want to bank E&Ps, albeit at a higher Fed-adjusted rate of 5.5%-plus. These experts in each field talk about how to capture the capital needed to grow your oil and gas business. And what do investors and lenders need to know today about the portfolios they're backing? For starters, what's your environmental record? Learn here about the 2024 version of hurdles to capitalization.
- Where does equity capital see opportunity today? Oil? Gas? U.S.? Abroad?
- What's the appetite today for taking on bank and public-bond debt with a 5.5%-plus floor?
- Is the growth in S&P 500 weighting to energy stocks just a reflection of growth in energy stocks' price growth versus other sectors?
- How strong is the pushback on ESG investing today? Is it simply pushing no further or is it actually stepping back?
- How do oil and gas producers overcome capital-access impasses today?
MODERATOR:
Deon Daugherty, Senior Editor, Shale/A&D, Hart Energy
PANELISTS:
Alex Jackson, Managing Director, Quantum Capital Group
Mari Salazar, Senior Vice President and Manager, Energy Financial Services, BOK Financial
Michael Bodino, Managing Director, Energy Investment Banking, Texas Capital
The Full View on Midstream: Insight from an Industry Leader
Kinder Morgan is one of the largest energy infrastructure companies in the U.S, with operations or interest in more than 82,000 miles of pipelines and 140 terminals. Its pipelines transport natural gas, gasoline, oil, CO2 and more. Discussion in this session will cover the full scope of midstream operations in the U.S., including:
- The latest on new projects like Cumberland, Evangeline Pass Expansion and the Gulf LNG Liquefaction
- How the company is responding to consolidation in the midstream Sector
- Evaluating new opportunities as LNG demand increases
- Perspective on addressing natural gas takeaway and transport bottlenecks
MODERATOR:
Sandy Segrist, Senior Editor, Gas & Midstream, Hart Energy
SPEAKER:
Allen Fore, Vice President-Public Affairs, Kinder Morgan Inc.
Perspective on the LNG Pause and CCS Primacy
In January, the Biden Administration announced a pause on pending approvals of LNG projects for further economic and environmental impact analysis. The action could delay a dozen or more LNG projects that are in various stages of planning. Meanwhile, the Environmental Protection Agency approved the State of Louisiana primacy over carbon sequestration injection wells, known as Class VI wells. These two policies will have immediate and widespread ramifications for Louisiana. Some of the key discussion topics in this session will include:
- The impact of the administration’s ruling on LNG projects.
- What is impacted—and what isn’t—while the pause on LNG project approvals is in effect.
- What primacy over Class VI wells means for Louisiana.
MODERATOR:
Brian Walzel, Senior Editor, Hart Energy
SPEAKERS:
Gifford Briggs, Gulf Coast Regional Director, American Petroleum Institute
Eyes of East Texas: Sabine Oil & Gas - Playing the Long Game
Sabine Oil and Gas, a wholly owned subsidiary of Osaka Gas USA, is one of the leading independent producers in the Ark-La-Tex region, producing roughly 550 mmcfe/d gross from 251,000 net acres in the Haynesville Shale and Cotton Valley formations in six counties in East Texas. Some of the key discussion points in this operator session will include:
- Background on Sabine Oil & Gas
- Sabine's short- and long-term outlook for the Cotton Valley and Haynesville Shale
- The company's perspective on basin consolidation
MODERATOR:
Nissa Darbonne, Editor-at-Large, Hart Energy
SPEAKERS:
Carl Isaac, CEO, Sabine Oil & Gas
Day 2: Thursday, Mar 28th
The Seller's Perspective: Insight from Those on the Inside of the Deal
More than $192 billion in deals have gone down over the past year, with the Haynesville Shale a major hotbed of M&A. The analysts and Wall Street all have their say, but what’s the perspective from those making the deals? In this roundtable session, you’ll hear from the sellers whose assets were in demand. Some of the key takeaways will include:
- The origin of the play—Why the Haynesville?
- Initial development strategies to maximize value
- Positioning a company for sale and targeted buyers
- Future M&A in the Haynesville
MODERATOR:
Robert Turnham, Director, New ASEAN Energy
SPEAKER:
Alan Smith, Co-Founder, President and Chief Executive Officer, Rockliff Energy
Frank Tsuru, CEO, Momentum Midstream
Dick Stoneburner, Chairman, Tamboran Resources
The Macro-Economic Perspective: Examining the Impact of New Takeaway Capacity in the Haynesville Shale and Appalachian Basin
Energy price and market volatility will be a key theme, at least in the short term, as a result of tightening market fundamentals. New natural gas pipeline capacity should ease some takeaway bottlenecks in the northeast. More consolidation is expected in the midstream sector. So, what does it all mean? We’ll take a macro look at market dynamics in this session, where you’ll hear more about:
- Growth opportunities in the Appalachian Basin with the opening of the Mountain Valley Pipeline and the Transco pipeline
- The role of Tier 2 acreage and news on takeaway capacity in the Haynesville Shale
- What to expect from the Western U.S. and California demand of supply coming out of the Rockies
- Insight into a possible ramp up in oil and gas production in the Eagle Ford by 2026.
MODERATOR:
Jordan Blum, Editorial Director, Hart Energy
SPEAKER:
Justin Carlson, Co-Founder and Chief Commercial Officer, East Daley Analytics
New Life for Existing Wells: Unlocking the Path for Emissions Improvement & Production Potential
Natural gas wells with existing mature production offer a benefit to the right operator with the right approach. Appalachia Basin and Central Region producer Diversified Energy leverages asset management, new emissions technologies and midstream assets to generate free cash flow and works to reduce methane leaks with air and land technologies. In this operator session, some of the key takeaways will include:
- Approach to managing mature producing assets.
- Insight into sustainability practices.
- Emissions detection technology: The arms race for improved detection and monitoring.
- Understanding new EPA methane regulations and how they apply to natural gas operations.
MODERATOR:
Deon Daugherty, Editor-in-Chief, Hart Energy
SPEAKER:
Paul Espenan, Senior Vice President EHS&R, Diversified Energy Company
Perspectives from a Private-Equity Backed Producer: Paloma Natural Gas Hones in on the Haynesville
Haynesville private operator Paloma Natural Gas emerged from the acquisition of Goodrich Petroleum in late 2021. Backed by EnCap Investments, Paloma Natural Gas produces approximately 450,000 mcfe/d on a gross basis from about 42,000 acres in the core of the Haynesville Shale with a focus on providing clean-burning natural gas to the North American market. In this session, you’ll learn more about:
- The company's operational and production outlook in 2024
- An operator's perspective on meeting future natural gas demand
- Insight on managing production and growth amid natural gas pricing headwinds
- Perspective on right-sizing its assets to focus on the Haynesville
MODERATOR:
Nissa Darbonne, Editor-at-Large, Hart Energy
SPEAKER:
Mike Winsor, Chief Executive and Operating Officer, Paloma Natural Gas
Haynesville Shale Well Designs: Conquering Technical Hurdles with Innovative Strategies
The Haynesville Shale is one of the most technically difficult plays in the world to drill wells. Cookie-cutter wells won’t cut it. This session will provide insights to help navigate the complexities of these reservoirs and maximize their production potential. Here, you will learn:
- How regional operators are tackling high-temperature reservoirs for production optimization
- Approaches to drilling technologies and extended reach laterals
- Trends in well proppant loading
- Well spacing to address parent/child well interactions.
MODERATOR:
Jordan Blum, Editorial Director, Hart Energy
SPEAKER:
Danielle Fuselier, Well Construction Director for North America Land (NAL), Baker Hughes
Neil Modeland, Senior Business Development Technology Manager, Halliburton