Tourmaline Brings on Crew Energy with Close of $950MM Deal
Tourmaline Oil is adding about 30,000 boe/d of Montney Shale production with its acquisition of Crew Energy. This post appeared first on Hart Energy.
Read More...Exclusive: Chevron’s Big Worry for the Permian Basin? Infrastructure
Colin Parfitt, the president of midstream for Chevron, said U.S. permitting can be slow and the LNG has only exacerbated concerns about moving Permian gas to Gulf Coast export terminals. This post appeared first on Hart Energy.
Read More...No Rush: Post-M&A Frenzy, Divestiture Market to Pick Up by 2025
Lenders with a variety of capital structures are poised to fund the upcoming portfolio rationalization in the post-consolidation era, bankers and deal advisers said at Hart Energy’s Energy Capital Conference. This post appeared first on Hart Energy.
Read More...Utica Oil: EOG’s New Downspacing Test Came on With 1,108 bbl/d
EOG Resources’ five-well Shadow pad surfaced 72,022 bbl its first 13 days online. This post appeared first on Hart Energy.
Read More...M-U Driller Infinity Natural Resources Files for $100 Million IPO
‘Tis the season for IPOs in the Marcellus/Utica. Two weeks ago BKV Corporation announced it was (finally) launching an initial public offering (IPO) looking to raise in the neighborhood of $300 million (see The Time is Now Right – BKV Launches IPO Hoping to Raise $315M). It ended up getting $270 million (see BKV Adjusts…
Read More...PA Picks Up One Rig, M-U @ 34; National Rig Count Drops 2 @ 585
Four weeks ago, MDN told you about a developing story of rig realignment in the Marcellus/Utica (see Rig Bloodbath Continues – Pennsylvania Loses 7 Rigs in 3 Weeks). As we reported, Pennsylvania was losing rigs, bleeding rigs, like crazy—four rigs gone in two weeks’ time. And West Virginia was gaining those lost rigs. PA’s rig…
Read More...Supreme Court Won’t Block One Onerous EPA Reg, Jury Out on Another
EPA Administrator Michael Regan used a considerable amount of fossil energy and emitted tons of carbon dioxide to jet over to Dubai last December to participate in the COP28 confab, where he released a final rule that was “two years in the making” to force the U.S. oil and gas industry to cut methane emissions…
Read More...NGSA Predicts Colder Winter Coming, Increase in NatGas Price
Colder weather and increased demand will place slight upward pressure on natural gas prices compared to last winter, the Natural Gas Supply Association (NGSA) said last Thursday in its 24th annual Winter Outlook forecast of the wholesale winter natural gas market. NGSA also projected higher-than-average storage, record production and supply, and modest GDP growth this…
Read More...Biden-Harris DOE Covering Up Study Conducted Before LNG “Pause”
In January, the Biden-Harris Department of Energy (DOE) announced it would “pause” any approvals for new LNG export plants (currently 17 requests in the pipeline) for at least one year while D.C. swampies fart around pretending to figure out how to measure global warming as a new consideration for whether or not to approve such…
Read More...A Maryland Court Ruling Endangers Gulf Oil Production – Here’s What You Need to Know
Click here for a shareable sheet on how the court’s decision on the National Marine Fisheries Service’s Biological Opinion (BiOp) could impact US energy production. In August 2024, a U.S. district court ruled in favor of environmental groups in a pivotal court case for energy production in the Gulf of Mexico. The ruling in this
Read More...What Is Market Capitalization And Formula
Market capitalization is the company’s outstanding shares of stocks in dollar value. It is a common metric used by investors to find the size and value of a company. After considering an acquisition, market capitalization helps investors to find if the company is valuable enough for investment. Investors use market capitalization to rank companies. They
Read More...TURBO Price Prediction 2024, 2025 – 2030;
Turbo is showing bullish movements in charts, with analysts and investors looking for another upward trend, like the one that happened in May 2024. It has never come down from that boom, and with the tight movements, we can see the arrival of a breakthrough. As an experimental meme coin made by AI for web3
Read More...What Is Crypto Blockchain Investing?
Cryptocurrencies are often known as crypto. They use cryptography to secure transactions. This is divergent from traditional currencies that do not have any central regulatory authority. The system helps to record all the transitions. The digital payment system operates independently of the traditional banking system. The system enables peer-to-peer transactions. This allows the investors to
Read More...Gala Crypto Price Prediction 2025-2030
Gala is a web3 platform that is built on a layer-1 blockchain known as GalaChain. The platform was initially designed to support the Gala Games, Gala Music, and Gala Film ecosystems. The GlaChian is now welcoming external developers and projects from various industries. The project provides open-source developer resources to simply build and deploy applications
Read More...Sushi Crypto Price Prediction 2025-2030
SushiSwap is a decentralized finance tool designed to generate passive income. It is a strong community-driven project. Participants can earn through liquidity provision, yield farming, and staking. If you want to know more about the project, we have you covered. Check for the project overview, performance, future price prediction, buying options, buying process, and credibility.
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