BW Energy Announces Oil Discovery Offshore Gabon
Initial data from BW Energy’s find offshore Gabon shows potential for a new development cluster, according to BW’s CEO. This post appeared first on Hart Energy.
Read More...DNO to Buy Sval Energi for $450MM, Quadruple North Sea Output
Norwegian oil and gas producer DNO ASA will acquire Sval Energi Group AS’ shares from private equity firm HitecVision. This post appeared first on Hart Energy.
Read More...Paisie: Impact of Tariffs, Sanctions and ‘Drill, Baby, Drill’
The U.S. has the advantage with tariffs on Canada, but sanctions and pleas for increased oil supply are unlikely to be effective. This post appeared first on Hart Energy.
Read More...Vitesse Energy Closes $220MM Acquisition of Bakken Pureplay Lucero
Vitesse Energy Inc. agreed to purchase Bakken E&P Lucero Energy Corp. in December in an all-stock transaction valued at $222 million. This post appeared first on Hart Energy.
Read More...USA Compression Names Chris Wauson as COO
Chris Wauson, currently the leader of natural gas compression company USA Compression Partners’ Permian office, has been chosen as the company’s new COO. This post appeared first on Hart Energy.
Read More...Venture Global Shares Plummet as Plaquemines LNG Price Upped by $2B
Venture Global LNG missed market expectations in its first earnings report and shares fell further with the announcement of an $18 billion brownfield expansion at Plaquemines. This post appeared first on Hart Energy.
Read More...Exactly How President Trump is Unleashing American Energy
Sometimes you have to toot your own horn, especially when the legacy media (which nobody watches, reads, or listens to anymore) won’t do it. On Tuesday, President Trump gave a joint address to Congress. We won’t rehash the endless coverage of that event and the juvenile (quite despicable) performance by Democrats in attendance. One of…
Read More...Other Stories of Interest: Fri, Mar 7, 2025
NATIONAL: How many people did USA oil and gas employ in 2024?; U.S. butane exports reached a new record in 2024; Wright, Burgum visit Louisiana liquefied natural gas facility amid $18B expansion; INTERNATIONAL: European Commission schedules new round of coordinated gas deals. NATIONAL How many people did USA oil and gas employ in 2024? Rigzone…
Read More...16 New Shale Well Permits Issued for PA-OH-WV Feb 24 – Mar 2
For the week of Feb 24 – Mar 2, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by a couple. Four weeks ago, 24 new permits were issued. Three weeks ago, the number increased to 36 new permits. Two weeks ago, the number deflated, going down to 14. Last…
Read More...Expand Energy’s “Just in Time” Program Equals “Profits on Demand”
One year ago in March 2024, MDN told you about a new strategy by Chesapeake Energy (now Expand Energy) to drill new shale gas wells but leave them offline (see Chesapeake Brings Japanese “Just in Time” Concept to Gas Wells). As explained in that article, the company does more than drill DUCs (drilled but uncompleted…
Read More...Two More Exits (Retirements) from Coterra Energy Management Team
Last week we told you that it is the end of an era with the retirement of Dan Dinges from the Coterra Board of Directors (see Dan Dinges, Former Cabot O&G CEO, Retiring from Coterra Board). Dinges served as Chairman, President, and CEO of Cabot Oil & Gas Corporation from May 2002 until the company’s…
Read More...Antis Rally at OH Statehouse to Protest Fossil Fuels They Were Wearing
Sorry to be so blunt: You can’t fix stupid. You can only call attention to it, which is what we’re doing with a group of “40 to 50” protesters who gathered yesterday at the Ohio Statehouse to protest drilling for oil and gas under state-owned land, including drilling under (not on) state parks. It was…
Read More...S&P Study: U.S. LNG Would “Significantly Lower” World GHG Emissions
The nonpartisan S&P Global released Phase 1 of a study on LNG exports last December on the very same day the Biden/Granholm Department of Energy released its LNG export “study” (see S&P Study: More U.S. LNG Exports WON’T Raise Domestic Gas Prices). The S&P study, which came out a few hours earlier than the DOE…
Read More...Streaming On-Demand: Expand Shifts to Just-in-Time NatGas TILs
Expand Energy’s just-in-time TIL model—turning new wells inline into sales—could shorten receipt of returns by up to two years. This post appeared first on Hart Energy.
Read More...Impacts of Trump’s Tariffs on North American Energy Markets
On March 6, President Trump granted exemptions on tariffs for numerous goods imported from Mexico and Canada until April 2, when Trump intends to impose another set of retaliatory tariffs on various countries. What are their immediate and long-term impacts and how can companies mitigate their effects? This post appeared first on Hart Energy.
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