Williams opened its Regional Energy Access Project despite an appellate court vacating its FERC permit. Williams plans to seek a temporary permit to keep the new system open. This post appeared first on Hart Energy.
Read More...Non-op Granite Ridge Resources closed transactions during and after the second quarter in multiple plays, including the Midland, Delaware, Williston, D-J and Appalachian basins. This post appeared first on Hart Energy.
Read More...Targeting first phase startup by 2026, Spiritus on Aug. 8 said the direct air capture project is designed to remove 2 million tonnes of CO2 annually from the atmosphere. This post appeared first on Hart Energy.
Read More...Crude prices will strengthen through 2024 before falling in 2025 due to lower liquid fuels consumption, particularly in China, the U.S. Energy Information Administration reported. This post appeared first on Hart Energy.
Read More...For the week of July 29 – August 4, a total of 20 permits were issued to drill new shale wells in Marcellus/Utica, with the vast majority issued in Ohio. The Buckeye State had 13 new permits, with seven going to EOG Resources split between Noble and Carroll counties. Four permits went to Encino Energy…
Read More...Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. The company issued its second quarter 2024 update on…
Read More...Once a month, the U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Starting in June, the EIA axed its monthly Drilling Productivity Report that focused on shale plays and instead rolled it into the…
Read More...Here’s a court case that flew under the radar until now. It’s a case that has the potential to affect some drillers and some royalty owners in Ohio. Sabre Energy Corporation (the plaintiff) sued Gulfport Energy Corporation and Antero Resources Corporation (the defendants) for breach of contract. Sabre Energy owns Overriding Royalty Interests (ORRIs), or…
Read More...This is fascinating. A leftist researcher rented an apartment and lived in Williamsport for eight months in 2013. He interviewed over 100 residents of Greater Williamsport (Lycoming County), PA, to learn their views on fracking. He followed up with the participants and made return visits to the region for the next eight years until 2021….
Read More...AES Indiana, formerly known as Indianapolis Power & Light Company, is a utility company providing electric service to the city of Indianapolis. It is a subsidiary and largest utility of AES Corporation. AES Indiana said yesterday that it wants to invest $1.1 billion in Pike County, IN, to convert the company’s two remaining coal-fired power…
Read More...As we’ve discussed many times before, the price for natural gas (especially the NYMEX futures price) is primarily determined by supply and demand — Economics 101. When there is too much supply with the same or less demand, prices go down. And boy, have they gone down! The problem we’ve struggled with all this year…
Read More...OTHER U.S. REGIONS: Michelin investing $50M on natgas boiler facility in Rubbertown; NATIONAL: Walz says there is no guarantee of free speech; Carbon dioxide pipeline battle – seize land for green energy; Greenhouse gases are a scientific myth; U.S. crude production hits all-time high; INTERNATIONAL: World Energy Council urges change to energy transition approach. Please…
Read More...Adding to the continued blows against the activist narrative that U.S. liquefied natural gas (LNG) is bad for the environment, a new study analyzing the lifecycle of greenhouse gas emissions (GHG) found that U.S. LNG exports are environmentally beneficial in comparison to alternative fuels. The study, commissioned by Natural Allies for a Clean Energy Future
Read More...Occidental Petroleum is keeping under wraps what it might sell to prevent compromising “our ability to maximize the value,” CEO Vicki Hollub said during an Aug. 8 earnings call. This post appeared first on Hart Energy.
Read More...Operators have been hard at work on ground game dealmaking from the Permian to Appalachia through the first half of the year, according to reports by Continental Resources, Antero Resources, HighPeak Energy and others. This post appeared first on Hart Energy.
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