Proppant Suppliers Covia, Black Mountain Merge to Become Iron Oak Energy Solutions
Iron Oak Energy Solutions will supply proppant to E&P operations in basins across North America. This post appeared first on Hart Energy.
Read More...Exxon Plans Longest 20,000-Ft Wells on Pioneer’s Midland Asset
Exxon Mobil has already drilled some of the longest wells in the New Mexico Delaware Basin. Now, the Texas-based supermajor looks to go longer on Pioneer’s Midland Basin asset. This post appeared first on Hart Energy.
Read More...Glenfarne Selects Kiewit to Tackle EPC on Texas LNG
Glenfarne Energy Transition said Kiewit Energy Group will complete the engineering required to move Texas LNG toward a final investment decision. This post appeared first on Hart Energy.
Read More...Diamondback Swaps Delaware Assets, Pays $238MM For TRP’s Midland Assets
After closing a $26 billion acquisition of Endeavor Energy Resources, Diamondback Energy is getting deeper in the Midland Basin through an asset swap with TRP Energy. This post appeared first on Hart Energy.
Read More...Canada’s Completed TMX Pulling Crude Off of American-bound Pipelines
Trans Mountain completed work on the company’s namesake pipeline expansion on May 1. It was the end of a difficult and controversial pipeline project that started development in the 2010s under Kinder Morgan. This post appeared first on Hart Energy.
Read More...PA Re-Adds One Rig to 13; National Rig Count Even 2nd Week @ 585
Two weeks ago, Pennsylvania lost another rig, going from 13 rigs down to 12 rigs, the lowest that state has operated in the last 17 years (see PA Drops Another Rig to 17-Year Low; National Rig Count Even @ 585). Last week, PA picked up one rig, so the tally is back to 13. It’s…
Read More...Cecil Twp About to Ban New Fracking – Will Other PA Towns Follow?
In September, the Board of Supervisors for Cecil Township in Washington County, PA, caved to pressure from radical leftists and, by a vote of 3-2, instructed the town’s solicitor to prepare a new zoning ordinance that increases setbacks from “protected structures” from 500 feet to 2,500 feet (half a mile), and add a setback of…
Read More...Coterra Expands Curtailments in Marcellus, Drilling & Fracking Stop
Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its third quarter 2024 update last week. The company turned in respectable financial numbers, making a profit of $252 million in 3Q24, down 22%…
Read More...DT Midstream Expanding Marcellus Gathering Pipe Connection to MVP
DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and other regions like the Haynesville. DTM issued its third quarter 2024 update last week. Of high interest to us was the announcement that DTM is upsizing a previously announced project to connect its Stonewall Gathering System to Equitrans Midstream’s (now EQT)…
Read More...ONEI Gets $50K Grant to Train Workers to Plug Ohio Orphaned Wells
The Ohio Natural Energy Institute (which made a mistake in renaming itself; it used to be called the far more descriptive and distinctive Ohio Oil and Gas Energy Education Program, or OOGEEP) announced it had received a $50,000 grant from the Appalachian Regional Commission (ARC) to train Ohio workers in how to plug orphaned oil…
Read More...Climate Litigation Proponents Take Aim at Utilities. Don’t They Have Enough Losses on Their Hands?
Multnomah County’s experimental climate lawsuit keeps getting weirder. After years of pressure from climate activists to add gas utilities to the list of industries targeted by lawfare, the Oregon County finally granted their wish by adding a local utility company to its complaint, which already features over a dozen defendants. It’s a déjà vu moment
Read More...Significant ROI for Energy Lobbyists Willing to Invest in Capitol Expenditures
Influencing policy in Washington requires substantial investment in campaign donations and lobbying. But the ROI is substantial, as well. This post appeared first on Hart Energy.
Read More...Enbridge Among Growing List of Earnings Boosted by Acquisitions
Enbridge’s utilities acquisitions and gas transport growth helped to drive earnings in the third quarter. This post appeared first on Hart Energy.
Read More...EIV Capital: Opportunities Abound for Investors in Midstream Sector
Here are the metrics that midstream financiers look for in a mature industry. This post appeared first on Hart Energy.
Read More...Kimmeridge, Commonwealth LNG Seeking MiQ Certification
The guidance provided by MiQ will support Kimmeridge’s initiative to deliver “wellhead-to-water” gas that is net-zero on Scope 1 and 2 greenhouse-gas emissions. This post appeared first on Hart Energy.
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