Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said. This post appeared first on Hart Energy.
The state of California issued a new report that acknowledges potential margin regulations on retail gas dealers may make gas price spikes even more painful for consumers. The report, released last week by California Energy Commission (CEC) staff, assessed the feasibility of a variety of proposals to rein in gas prices under the state’s gas
The CEO of Marathon Petroleum Corp. downplayed rumors that the Ohio refiner was interested in acquiring Europe’s Neste Corp. during a second quarter 2024 webcast with analysts. This post appeared first on Hart Energy.
MPLX LP expects two new plants in the Delaware Basin will boost the company’s processing capacity in the Delaware to 1.4 Bcf/d. This post appeared first on Hart Energy.
Targa Resources Corp. will use the proceeds from the offering to repay borrowings under its commercial paper note program. This post appeared first on Hart Energy.
Pipeline giant Williams, with major assets in the Marcellus/Utica and the owner of the mighty Transco pipeline that flows huge quantities of M-U gas south and southwest, issued its second quarter 2024 update yesterday. CEO Alan Armstrong called attention to the “crisp execution of key projects” that will benefit the company. Among those projects was…
In April, the Ohio Oil and Gas Commission upheld a regulatory order from the Ohio Dept. of Natural Resources (ODNR) suspending operations of three wastewater injection wells located in Torch (Athens County), OH, owned by K&H Partners, a subsidiary of Tallgrass Energy (see Ohio O&G Commission Votes to Shut Down 3 Athens Injection Wells). K&H…
In June 2018, MDN exclusively brought our readers the news that Diversified Gas & Oil (now called Diversified Energy) had purchased EQT Corporation’s Huron Shale assets, with a bunch of conventional wells, in Kentucky, Virginia, and West Virginia for $575 million (see Diversified Gas & Oil Adds to Conventional Assets in KY, VA, WV). A…
Last November, MDN told you about Clean Fuel Services LLC, a subsidiary of Hog Lick Aggregates LLC, one of fourteen partner companies from West Virginia, Ohio, and Pennsylvania providing hydrogen production, offtake, and connective infrastructure for the Appalachian Regional Clean Hydrogen Hub (ARCH2) project (see Clean Fuel Services to Build Hydrogen Depot in WV, Part…
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…
In the Permian Basin and elsewhere, energy players consider adding small modular reactors and microreactors to their energy supply mix as electricity demand grows. This post appeared first on Hart Energy.
Glenfarne and NextDecade, whose South Texas LNG projects were sent back to FERC by the D.C. Appeals Court, are among companies planning responses to the ruling. This post appeared first on Hart Energy.
While offshore investments are rising, particularly in deepwater fields, challenges persist due to project delays and inflation, according to Westwood analysis. This post appeared first on Hart Energy.
EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), owns nearly a half million acres of leases in the Ohio Utica. EOG calls its position the “Ohio Utica combo play” and now considers it one of the company’s “premium plays.” EOG concentrates on oil…
Southwestern Energy, with major assets in the Marcellus/Utica and Louisiana Haynesville, issued its second quarter update last week. You may recall that Southwestern agreed earlier this year to a deal to be acquired by and merged into Chesapeake Energy (see Deal is Done! Chesapeake & Southwestern Announce $7.4B Merger). Because of the impending merger, Southwestern…