The expanded collaboration with the Department of Defense follows Sage-led geothermal initiatives at Fort Bliss and the Ellington Field Joint Reserve Base in Texas. This post appeared first on Hart Energy.
A recent Information Technology and Innovation Foundation (ITIF) report underscores a crucial but often overlooked fact: achieving a reliable and affordable energy evolution means embracing a diverse energy mix, and natural gas is the key to making it work. According to ITIF natural gas will play an essential role in supporting the growth of renewable
On Tuesday, the California State Assembly approved Governor Gavin Newsom’s new refinery supply mandate, which now heads to the state Senate. The proposed legislation will require oil refiners to keep a minimum gas reserve on hand, and gives the California Energy Commission the power to require oil refiners to provide resupply plans to address losses
Bryan Sheffield, managing partner of Formentera Partners and founder of Parsley Energy, discussed E&P capital, M&A barriers and how longer laterals could spur a “growth mode” at Hart Energy’s Energy Capital Conference. This post appeared first on Hart Energy.
AI’s ability to optimize may usher oil and gas into a new age—or simply improve on past unconventional recovery methods—depending on who you talk to. This post appeared first on Hart Energy.
The Crowned Heron 1, Crowned Heron 2 and Cartwheel 1 projects will have a combined power capacity of 450 MW, RWE says. This post appeared first on Hart Energy.
1PointFive plans to use the funding to advance site characterization activities, permitting and environmental approvals for construction at each hub, Occidental said. This post appeared first on Hart Energy.
Today, we bring you news about a lawsuit filed just over three years ago, in September 2021, by four landowners in southwestern Pennsylvania who leased their land to Range Resources for drilling. The lawsuit is just now coming on our radar screen. Range did drill and, claims the landowners, deducted expenses from royalty checks for…
In August, the Biden-Harris administration promised (but hasn’t yet delivered a dime of) up to $152 million in “Phase 2” federal money, i.e., your taxpayer dollars, to help plug old conventional oil and gas wells in Pennsylvania (see Convenient Timing: Biden-Harris Promise Pa. Another $152 Million). In September, Biden-Harris said a check was in the…
Pennsylvania State Senator Gene Yaw believes he has a solution to help fund plugging many of the state’s ~350,000 orphaned and abandoned conventional oil and gas wells. Yaw recently introduced a bill, Senate Bill (SB) 1330, that directs the PA Department of General Services to sell any alternative energy credits it owns from buying unreliable…
In January, MDN brought you the news that the Pennsylvania Dept. of Environmental Protection (DEP) approved a plan by Catalyst Energy to convert an existing conventional gas production well on Route 646 in Cyclone (Keating Township in McKean County, PA) into a shale wastewater injection well (see PA DEP Approves Shale Wastewater Injection Well in…
MDN previously told you that gas flows (called “feedgas”) heading to the Cove Point LNG export facility along the coast of Maryland had fallen to zero as of Sept. 20 because the facility is undergoing annual maintenance (see Flows Drop to Zero @ Cove Point LNG, Closed for Annual Maintenance). Maintenance will likely last about…
We’re not high finance people (nor are we lawyers), but we do the best we can to explain financial (and legal) news that impacts companies and individuals in the Marcellus/Utica. Yesterday, Ascent Resources, a privately held company focusing 100% on the Ohio Utica Shale, announced it is floating new unsecured notes that mature in 2032…
NATIONAL: When will USA crude oil production peak?; Government won’t sell new oil leases for the first time since 1958; INTERNATIONAL: New Fortress Energy ships Mexico’s first LNG cargo for export.To view this content, log into your member account. (Not a member? Join Today!) The post Other Stories of Interest: Thu, Oct 3, 2024 first
The approval pushes the U.S. closer to its goal of deploying 30 gigawatts of offshore wind energy capacity by 2030. This post appeared first on Hart Energy.