International M&A spend by national oil companies (NOCs) has dwindled from nearly 50% to less than 5% today. But Wood Mackenzie researchers see NOCs playing a larger role in international M&A in the future. This post appeared first on Hart Energy.
Armstrong Energy Corp. and Slash Exploration have retained RedOaks Energy Advisors for a sale of certain wellbore-only AFE interests located in Lea County, New Mexico. This post appeared first on Hart Energy.
Private E&Ps are keeping pace with public operators in taking permits for new-drill horizontals across the Lower 48, according to a research report. This post appeared first on Hart Energy.
The ruling affects a lease sale held in December 2022 of offshore tracts for oil and gas development in the Cook Inlet in the northern Gulf of Alaska. This post appeared first on Hart Energy.
Pennsylvania mineral rights owners (i.e., landowners) are about to get a well-deserved tax break. Thanks to a bill recently passed by the PA legislature, Senate Bill (SB) 654, individual landowners will receive the same tax benefits afforded to investors. If a company buys mineral rights and the right to receive royalty payments from oil and…
Last fall, MDN shared the sad news that Pennsylvania State Rep. Charity Grimm Krupa (Republican In Name Only from Fayette County) had turned against the Marcellus industry (see Anti-Marcellus RINO Intros Bill to Block All PA Injection Wells). Krupa introduced legislation that would ban the drilling of new wastewater injection wells in the state, making…
David McCormick made his case for election to the U.S. Senate at the Republican National Convention Tuesday night, telling the audience gathered in Milwaukee’s Fiserv Forum that the election this year is “the most important election of our lifetimes.” He also said, “My friends, the choice this November is clear. It’s a choice between strength…
The left sees its hegemony over political power slipping away along with the fading memory of Joe Biden. Biden was their guy as long as he could deliver a win and keep them in power. If he can’t win, the left will turn on him and eat him alive. While it’s too soon to declare…
The Republican platform is a breath of fresh air with respect to where our country needs to go with its energy policies. You may or may not agree with some of the non-energy planks in the platform, but if you support oil and gas, you will LOVE what this document says about energy. In fact,…
Horizontally drilled lateral wells are all the rage in the Permian Basin. Let’s take a look at the 10 longest wells drilled in the Basin. This post appeared first on Hart Energy.
U.S. Silica stockholders approved a $1.85 billion all-cash deal with Apollo Global Management, a transaction that will take publicly traded proppant services provider private. This post appeared first on Hart Energy.
Seven Falls Oil and Gas LLC has retained EnergyNet for the sale of a East Eucutta CO2 unit in Wayne County, Mississippi. This post appeared first on Hart Energy.
VAALCO acquired Swedish E&P Svenska’s 27.39% non-operated working interest in the deepwater Baobab Field in Block CI-40, offshore Côte d’Ivoire. This post appeared first on Hart Energy.
The consensus is that the Permian Basin needs another major gas pipeline soon. Midstream companies are trying to figure out when … and who will make the move. This post appeared first on Hart Energy.