Billy Quinn, founder and managing director of Pearl Energy Investments, leads a team that thrives amid the oil and gas investment cycles. This post appeared first on Hart Energy.
Read More...Pennsylvania Gov. Josh Shapiro can rest easy now that he’s got his “fix” of $2.1 billion in federal taxpayer money promised to him by the Bidenistas before they left town. As you may recall, the Trump administration put an immediate pause on some federal funds after Elon Musk’s DOGE kids discovered massive fraud in government…
Read More...We’re always suckers for a good railroad story. We spotted an article in Railway Age magazine announcing the publication’s 2025 Short Line and Regional Railroads of the Year. Among the list of honorable mentions was the Columbus & Ohio River Rail Road Company (CUOH), owned by Genesee & Wyoming. CUOH operates in Ohio, with its…
Read More...Here’s a factoid that had escaped our notice until now: The NYMEX “front month” contract price for natural gas today is ~150% higher than it was one year ago. Yesterday, February 24, 2025, the NYMEX natural gas front-month contract (March 2025) settled at $3.994 per MMBtu. The same price a year ago was $1.602 per…
Read More...The great folks at Steel Nation, headquartered in Canonsburg, PA, have built over 2,200 compressor stations and other structures for the oil and gas industry in the Marcellus/Utica (and beyond) over the past 17 years. Last November, Steel Nation announced it had launched a new division to build electric microgrids for companies looking to create…
Read More...It’s the end of an era. Coterra Energy Inc. yesterday announced that Dan O. Dinges and Robert S. Boswell plan to retire from the Board of Directors at the end of their current term and not stand for re-election at Coterra’s 2025 annual meeting of stockholders. Dan Dinges served as Chairman, President, and CEO of…
Read More...Crude and natural gas from Canada face a 10% tariff, all other goods coming into the U.S. from its north and south neighbors will face a 25% fine. This post appeared first on Hart Energy.
Read More...An initial SM Energy test made 250,000 boe in its first eight months online. Vital Energy is reporting more than 150,000 gross boe per 10,000 ft of lateral in its first-six-month output. This post appeared first on Hart Energy.
Read More...Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea. This post appeared first on Hart Energy.
Read More...Chevron Corp. is consolidating its oil, products and gas organization into two segments: upstream and downstream, midstream and chemicals. This post appeared first on Hart Energy.
Read More...Air Products’ three U.S. exits include a sustainable aviation fuel expansion project in California, a hydrogen production facility in New York and a carbon monoxide project in Texas. This post appeared first on Hart Energy.
Read More...For the fourth week in a row, the Baker Hughes U.S. rig count added rigs—to the highest level since last June! Three weeks ago, the rig count gained four rigs to 586. Two weeks ago, the count regained another two rigs to 588. Last week, the count added four new rigs for 592. Note that…
Read More...It was a long time coming, but a driller finally sunk a horizontal well under (not on) an Ohio state-owned park/wildlife refuge. The Ohio Oil & Gas Land Management Commission (OGLMC) awarded a contract to Encino Energy to drill under the Valley Run Wildlife Area on February 26, 2024. On that date, the commission selected…
Read More...On President Trump’s very first day in office, he signed an executive order called “Declaring a National Energy Emergency” (see Trump EO Declares National Energy Emergency – “Drill, Baby, Drill!”). Trump’s EO prioritizes completing energy infrastructure projects, like pipelines. It specifically talks about the Clean Water Act’s Sections 403 and 404, which states like New…
Read More...EQT President and CEO Toby Rice joined CNBC’s ‘Mad Money’ host Jim Cramer on Friday to talk about the state of the energy sector, natural gas prices, energy development, and more. Rice claimed that natural gas will be a major source of power for the burgeoning AI boom. “We firmly believe that natural gas is…
Read More...