Energy Transfer said the July 31 announcement of the new Permian Basin Blackcomb natural gas pipeline will have “zero” effect on its Warrior Pipeline. This post appeared first on Hart Energy.
Read More...The initiative marks Ørsted’s first standalone battery storage partnership in the U.S. and globally. This post appeared first on Hart Energy.
Read More...CenterPoint Energy expects approximately $250 million of gross proceeds from the offering. This post appeared first on Hart Energy.
Read More...A section of the recently completed 303-mile Mountain Valley Pipeline (MVP) was shut down on Tuesday for “pigging” operations and maintenance. Certain sections of MVP have dropped to zero flows, while other sections have dropped to drastically lower flows. We’ll ask the questions no one else will: Why the heck is MVP shutting down a…
Read More...National Fuel Gas Company (NFG), headquartered in Buffalo, NY, is the parent company for Marcellus/Utica driller Seneca Resources and the parent of midstream company NFG Midstream (and subsidiary Empire Pipeline). Last week, NFG issued its latest quarterly update. During the quarter (considered the company’s third quarter), Seneca produced 96.5 Bcf (billion cubic feet) of natural…
Read More...Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), reported its second quarter 2024 numbers earlier this week. The company drills Utica and Marcellus wells in Ohio. It also has an active drilling program in the Oklahoma SCOOP shale play. Gulfport’s net daily production for 2Q24 averaged 1,050.1…
Read More...Writing for Hart Energy’s Oil and Gas Investor magazine, author Nissa Darbonne penned a fabulous overview of the Utica, bringing us the history of oil drilling in Ohio (in the 1800s) all the way up to the present day and Encino Energy’s dominance in oil drilling in the Utica. The article includes details about Encino…
Read More...The CEO of the Energy Association of PA who is also a former chairman of the Pennsylvania Public Utility Commission (PUC) asks this question: What can Pennsylvania lawmakers do about a looming regional power shortage that they didn’t cause and can’t easily fix? He says this dilemma poses the most important energy issue facing the…
Read More...Yesterday, the U.S. Department of the Treasury released new data from the IRS along with analysis by the Office of Economic Policy that claims more than 158,000 Pennsylvanian families benefited from more than $267 million in tax credits to lower the costs of clean energy and energy efficiency upgrades to their homes during 2023, money…
Read More...MARCELLUS/UTICA REGION: Steel Nation names Sandra Spencer business development manager; NATIONAL: Appeals Court sends pair of LNG permits back to FERC; INTERNATIONAL: Oil rallies on mounting risks and falling stockpiles; Maersk ship order shows change in view on LNG as marine fuel. Please Login to view this content. (Not a member? Join Today!) The post
Read More...Oil prices have retreated in recent weeks as traders look past the current depletion in global inventories to focus on the threat of possible economic slowdowns. This post appeared first on Hart Energy.
Read More...Fresh off closing its $2.1 billion SilverBow Resources acquisition, Crescent CEO David Rockecharlie told investors, “we are just getting started.” This post appeared first on Hart Energy.
Read More...The Biden administration this week appealed a Louisiana federal court decision that halted its pause on LNG exports – a pause that has garnered bipartisan backlash, especially with key swing state Democrats in places like Pennsylvania. Now, as Vice President Kamala Harris debuted her Presidential ticket in Pennsylvania – the second largest natural gas producing
Read More...Diamondback Energy, one of the Permian’s largest oil producers, curtailed some Permian oil output to limit associated gas production. Permian gas output is near record highs, and takeaway capacity out of the basin is bottlenecked. This post appeared first on Hart Energy.
Read More...EnLink’s JV partners cited the effects from Hurricane Beryl causing slight delays in the Matterhorn Express Pipeline. This post appeared first on Hart Energy.
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