Devon Energy Completes Grayson Mill Acquisition
Devon Energy Corp. completed its $5 billion acquisition of Grayson Mill Energy, expanding its Williston Basin operating scale and production. This post appeared first on Hart Energy.
Read More...New Fortress ships Mexico’s first LNG cargo for export
U.S. energy infrastructure company New Fortress Energy on Sept. 30 shipped the first export of LNG from Mexico, following the inauguration of output at its floating facility off the country’s coast, the company said. This post appeared first on Hart Energy.
Read More...What’s Affecting Oil Prices This Week? (Sept. 30, 2024)
Based on Stratas Advisors’ demand forecast, there is room for Saudi Arabia to increase supply gradually and not collapse oil prices — if there is no dramatic increase in non-OPEC supply and the other members of OPEC+ do not grossly exceed their quotas. This post appeared first on Hart Energy.
Read More...M-U Rig Count Realigns @ 33; National Rig Count Drops 1 @ 587
Three 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. Two weeks…
Read More...3 More Drillers Dinged by PA DEP for Not Disclosing Frack Chemicals
According to Pennsylvania regulation 25 Pa. Code § 78a.122(b)(6)(iv), a drilling company must provide a list of the chemicals intentionally added to the stimulation [fracking] fluid by name and chemical abstract service (CAS) number in a Completion Report. The PA Department of Environmental Protection (DEP) says three drillers, including EQT, Range Resources, and Greylock Energy,…
Read More...History of 1st Marcellus Well Drilled by Range in Washington County
For years, MDN has told you that the very first Marcellus well to be drilled and fracked was done by Range Resources Corporation in Washington County, PA. Beyond that, we didn’t know much. Thanks to an article appearing in the Washington Observer-Reporter, we now know the full story—or at least a lot more of the…
Read More...Reuters Says FERC Sides with Venture Global in Shafting LNG Customers
Venture Global’s Calcasieu Pass LNG export facility received Federal Energy Regulatory Commission (FERC) authorization to place the final three liquefaction blocks (7-9) into service in November 2023 (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for over two years! However, the entire facility is…
Read More...U.S. Net Natural Gas Exports Flat in the First Half of 2024
click for larger version Last week, the U.S. Energy Information Administration (EIA) published an interesting post about “net” natural gas exports, which is a number calculated by deducting both pipeline and LNG exports by incoming pipeline imports (from Canada) and any incoming LNG imports (to Boston). The EIA found that in the first half of…
Read More...Exclusive: Kimmeridge’s Dell on Advancing Commonwealth LNG Amid DOE Pause
Kimmeridge’s Co-founder and Managing Partner Ben Dell details how Commonwealth LNG came to be and the future of the project as the company is optimistic on an FID in the first half of 2025, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...Elliott-backed Amber Energy Picked to Buy Citgo Petroleum for $7.3B
Amber Energy, led by industry veterans Gregory Goff and Jeff Stevens, was selected by a court-appointed special master to buy Citgo Petroleum, which is held by a Venezuelan company, for $7.286 billion. This post appeared first on Hart Energy.
Read More...Dividends Declared Sept.16 through Sept. 26
Here is a compilation of dividends declared from select upstream, midstream and service and supply companies. This post appeared first on Hart Energy.
Read More...Gulf Coast Midstream Sets Open Season for Natgas Storage Facility
Gulf Coast Midstream Partners, which aims to build the first salt cavern natural gas facility in the Houston area since 2008, will launch a non-binding open season on Oct. 1. This post appeared first on Hart Energy.
Read More...CNOOC Brings Online Phase 2 of Natgas Project in South China Sea
CNOOC’s Shenhai-1Natural Gas Development Project is expected to reach peak production in 2025. This post appeared first on Hart Energy.
Read More...Energy Transition in Motion (Week of Sept. 27, 2024)
Here is a look at some of this week’s renewable energy news, including a commitment of more than $116 billion annually in renewables and grids. This post appeared first on Hart Energy.
Read More...Johnson Matthey: Syngas Offers Path to Low-carbon Fuels, Hydrogen
With syngas, chemical makers like Johnson Matthey have hit a sweet spot in producing no- and low-carbon ammonia, hydrogen or sustainable aviation fuel. This post appeared first on Hart Energy.
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