Energy Transfer said the newly renamed Hugh Brinson Pipeline—formerly known as Warrior—will deliver Permian Basin gas to the Dallas/Fort Worth market and beyond. This post appeared first on Hart Energy.
Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte. This post appeared first on Hart Energy.
Here is a look at some of this week’s renewable energy news, including a record-setting quarter for solar module capacity in the U.S. This post appeared first on Hart Energy.
Nova Compression LLC says the package of assets from Kodiak Gas Services will double its density in an active area of the basin. This post appeared first on Hart Energy.
Here is a compilation of dividends declared from select upstream and midstream companies in fourth-quarter 2024. This post appeared first on Hart Energy.
Republican representatives penned a letter to New York Governor Hochul, expressing criticism of the opposition to the Northern Access Pipeline. This post appeared first on Hart Energy.
The AI Rate of Penetration Optimization project will use AI-enabled solutions to provide real-time recommendations for drilling parameters. This post appeared first on Hart Energy.
For the week of Nov 25 – Dec 1, permits issued in the Marcellus/Utica dropped dramatically. Only 12 new permits were issued last week, less than half the 28 issued the week before. The Keystone State (PA) issued just two new permits, one to EQT in Greene County and the other to Range Resources in…
CNX Resources announced yesterday it had struck a deal to buy the assets of Apex Energy II, LLC, a portfolio company of funds managed by Carnelian Energy Capital Management, for $505 million. Apex owns wells, acreage, and pipelines in Westmoreland County, PA. The Apex assets are close to, in some cases adjacent to, CNX’s considerable…
One month ago, National Fuel Gas Company (NFG) CEO David Bauer confirmed that his company had given up after battling for 10 years to build the Northern Access Pipeline, a 97-mile pipeline from McKean County in Pennsylvania into and through Allegany, Cattaraugus, and Erie counties in New York that would have flowed Marcellus gas into…
Did we nail it, or did we NAIL it? Two days ago, the Josh Shapiro Department of Environmental Protection (DEP) puffed out its chest to announce it was donating $600,000 to 12 leftist organizations to promote “environmental justice” (EJ) in Pennsylvania (see PA Gov. Shapiro’s DEP Blows $600,000 on “Enviro Justice” Grants). EJ is anti-drilling…
Come and get it! Only ten companies have applied to plug 77 orphaned wells in Pennsylvania as part of $44.4 million allocated for PA’s Methane Emissions Reduction Program (MERP) grant program. By our calculations, more than $41 million remains in the pot unclaimed. However, the clock is ticking. There is a Dec. 16 deadline to…
The research arm of Enverus (formerly Drillinginfo), one of the most trusted, energy-dedicated SaaS platforms offering real-time access to analytics, insights, and benchmark cost and revenue data, earlier this week published a new report on the Utica Shale. The report specifically discusses Utica oil—the production performance for Utica wells, and the economics of the play….
Kolibri Global Energy Inc., an operator in the Tishomingo Field in Oklahoma, reported strong performance at its Alicia Renee well pad. This post appeared first on Hart Energy.