Brigham Exploration is significantly adding to its Permian Basin non-operated portfolio with an acquisition of 7,000 acres from Great Western Drilling. This post appeared first on Hart Energy.
The developments, located outside of Phoenix and Tucson, have a potential capacity of 290 megawatts for the solar project and over 1 gigawatt for the BESS system, Jones Power said. This post appeared first on Hart Energy.
Exxon Mobil executives say the pace of growth for areas such as CCS, hydrogen and lithium vary due to uncertainty. This post appeared first on Hart Energy.
We have to confess this was a new one for us. We happened across a story about the use of “digital twins” in the energy space and how the use of digital twins is “transforming operations in North America.” So, what the heck is/are digital twins? According to the article, a digital twin is “a…
The left can no longer hide the truth, as they have tried to do for years. The truth is, with the advent of data centers and artificial intelligence and their enormous demand for new electricity, there is only one solution that will work, at least in the next 10-20 years: natural gas power. A Democrat-controlled…
Oil wildcatting is the process of drilling exploratory wells in areas with little to no history of oil and gas production. Wildcatting is a high-risk activity that involves drilling in unproven or fully depleted areas. Wildcat wells are often drilled far from other wells and without the use of well logs or other geological data….
MDN reported that in early October that Infinity Natural Resources (INR) filed an IPO with the Securities and Exchange Commission (SEC) hoping to raise $100 million (see M-U Driller Infinity Natural Resources Files for $100 Million IPO). Citigroup, Raymond James, and RBC Capital Markets were the original Big Bank underwriters. At the end of November,…
Iroquois Gas Transmission’s Enhancement by Compression (ExC) project would increase horsepower at three compression stations — two in New York and one in Connecticut — by an extra 125 MMcf/d, to flow more Marcellus/Utica gas into New York City and New England. The two NY compressors include one in Dover and one in Athens. The…
Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones. This post appeared first on Hart Energy.
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin. This post appeared first on Hart Energy.
Berlin Resources has retained EnergyNet for the sale of working interest participation in McClain County, Oklahoma. This post appeared first on Hart Energy.
The Baker Hughes national rig count dramatically increased two weeks ago, adding seven rigs for a national count of 589 (see OH Drops 1, PA Adds 1 Rig; National Rig Count Soars, Adds 7 @ 589). Last week, the national count didn’t change, and we are holding on to the gains made the previous week…