Ring Energy CEO Paul McKinney delves into the company’s ongoing efforts to grow its Central Basin Platform portfolio through acquisitions and betting on drilling and completions technology, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...Comstock Resources is flowing back a 13th well currently in the play where the oldest has made 2.2 Bcf per 1,000 lateral feet to date in its first 29 months online. This post appeared first on Hart Energy.
Read More...Woodside has said it is seeking equity partners to take minority stakes in the export project, now called Louisiana LNG. CEO Meg O’Neill said earlier this month the company had received expressions of interest from “multiple parties.” This post appeared first on Hart Energy.
Read More...Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa. This post appeared first on Hart Energy.
Read More...The country’s new #1 natural gas producer, Expand Energy (formed from the merger of Chesapeake Energy and Southwestern Energy), disclosed its third quarter update yesterday. While Expand has major operations in the Marcellus/Utica, it also has major operations in Haynesville. Right now, the company is giving double the love to the Haynesville as it is…
Read More...EQT Corporation delivered its third quarter 2024 update yesterday. The big focus for EQT during 3Q was closing on the purchase and beginning the reintegration of its long-lost midstream division, called Equitrans Midstream (owner of the Mountain Valley Pipeline). CEO Toby Rice said, “All cylinders are firing,” and that 60% of the tasks needed for…
Read More...Yesterday, two European companies announced separate deals for Coterra Energy to provide Marcellus natural gas to an unidentified LNG export facility that will liquefy and sell it to them. One company was commodities trader Vitol (based in Switzerland) and the other utility giant Centrica (based in the U.K.). Both deals were for 100 MMcf/d (or…
Read More...The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d of natural gas through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. We told you in…
Read More...Epsilon Energy, a relatively small company, used to concentrate most of its effort on developing (financing) Marcellus Shale wells. However, over the past couple of years, the company has expanded into other plays and owns assets in the Anadarko (Oklahoma and Texas), the Permian (Texas and New Mexico), and now in western Canada. Epsilon typically…
Read More...Two different subsidiaries of National Fuel Gas Company (NFG), Seneca Resources (shale driller) and National Fuel Gas Midstream Company (gathering pipelines), were certified by two different certification authorities, MiQ and Equitable Origin, respectively. Yesterday, NFG announced both companies have been recertified by their respective authorities. Everyone is still responsible. 🙂To view this content, log into…
Read More...Economics, in its purest form, is unforgiving. Economics is science, like the laws of gravity. In a market (in this case, the world market) where there is too much supply for existing demand, the seller/supplier will end up lowering the price charged for the good or service. Others in the market are willing to drop…
Read More...MARCELLUS/UTICA REGION: Shapiro admin launches “discover the government nipple” website; Biden-Harris send more “free” taxpayer $$ to PA ahead of election; NATIONAL: EPA due for a total makeover if Trump wins; Unlocking the benefits of natural gas conversion for coal-fired power plants; INTERNATIONAL: Oil prices rebound; BP shelves 18 early-stage hydrogen projects as part of…
Read More...Expand Energy, the largest U.S. gas producer, has some 1 Bcf/d of supply behind pipe that it can turn online when gas markets stabilize, though executives said Oct. 30 it might not be needed for some time. This post appeared first on Hart Energy.
Read More...Natural gas producer EQT Corp. says it has far more flexibility to respond to market prices following its acquisition of Equitrans Midstream. This post appeared first on Hart Energy.
Read More...Waiting to close a $55 billion sale to Chevron, Hess Corp. plans to continue running four rigs in the North Dakota Bakken shale play through the fourth quarter. This post appeared first on Hart Energy.
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