Houston Matters

Lessons from the Failed Halliburton-Baker Hughes Merger

Posted on · As we learned last week (May 2, 2016), Halliburton and Baker Hughes — two of the world’s biggest oilfield services companies — called off their proposed merger, worth around $28 billion. To learn more about why the deal fell through — and about the impact on Houston — is Loren Steffy, managing director for 30 Point […]

Houston Matters

How Did Mexico’s First Offshore Oil Auction Fare, and What Does That Mean for Success of Country’s Reform?

Posted on · Earlier this month, Mexico held its first in a series of auctions of offshore oil leases. These auctions are part of the country’s bigger energy reform that’s opening the oil and gas industry to outside investors for the first time in nearly eight decades. The first auction fell short of many industry expectations, with only […]