Petroleum and You: Back to School
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Read More...MPLX 2Q – Bullish on the Marcellus and “Now the Utica”
In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged in the Utica Shale’s premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The “new” MarkWest, aka MPLX, plays on a much larger stage now, including ownership and operation of major assets in the Permian Basin and…
Read More...PA-Based Frac Sand Co. Opening Ohio Terminal for Utica Sales
We first told you about a frac sand company called Smart Sand some 12 years ago (see Smart Sand Lands Big Name for Board of Directors). Smart Sand, headquartered in Yardley, PA, is a supplier of industrial sand, primarily serving customers in the oil and gas industry, including drillers in the Marcellus and Utica Shale…
Read More...LS Power Spins Off 18 Northeast Gas-Fired Plants into Subsidiary
LS Power, headquartered in New York City, has developed or acquired 47,000 megawatts (MW) of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. We’ve previously mentioned LS Power in a number of MDN articles (see our LS articles here). In April, Bloomberg reported that LS was actively shopping a…
Read More...NET Power Update: Testing Begins in 2024, Runs Through 2026
In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys…
Read More...Everett LNG’s Key Role in Keeping the Lights on in New England
On May 31, Constellation Energy shut down and permanently retired the natural gas-fired Mystic Generating Station it owned and operated in Charlestown, Massachusetts, on the north side of Boston (see Boston Mystic Gas-Fired Power Shuttered, but LNG Imports Continue). Mystic was one of the oldest U.S. electric power plants still in operation. The plant was…
Read More...Ameresco to Build RNG Plant in Utah
Ameresco’s RNG plant will be located at the Davis Landfill in Layton, Ohio, according to a news release. This post appeared first on Hart Energy.
Read More...Cashing in on Trash: RNG Developers Advance Projects, Some See Delays
Companies such as BP’s Archaea and WM are moving forward with landfill gas-to-RNG projects as others seek to convert dairy waste into fuel. This post appeared first on Hart Energy.
Read More...Permian Consolidation Piques Interest in Drill-to-earn Opportunities
Drill-to-earn arrangements have been utilized in the Permian for years in the forms of joint ventures, farm-outs and other customizable agreements. This post appeared first on Hart Energy.
Read More...CEO: Berry Seeks Horizontal Drilling Opportunities in Uinta Basin
Berry Corp., which has a large footprint in California’s San Joaquin Basin, might be more excited about deals and drilling near its Uinta Basin acreage. This post appeared first on Hart Energy.
Read More...Amid Flagging US Activity, OFS Sector Looks to 2025—and Overseas
Despite a slowdown in U.S. activity expected to last until 2025, overseas and offshore markets helped the oilfield services sector deliver solid second-quarter results. This post appeared first on Hart Energy.
Read More...Talos Buys Adds Interests in Monument GoM Development
Talos Energy acquired a 21.4% interest in Monument in the U.S. Gulf of Mexico for $32 million in the second quarter. First production of up to 30,000 gross boe/d is expected by late 2026. This post appeared first on Hart Energy.
Read More...EOG Wins Contract to Frack Under OH’s Keen Wildlife Area for $212K
The Ohio Oil and Gas Land Management Commission (OGLMC) continues to do its job. Yesterday, the group held a meeting and awarded five contracts for drilling and fracking UNDER (not on) several state-owned lands, including a contract with EOG Resources to drill under 85 acres in Keen Wildlife Area in Washington Township, Harrison County, for…
Read More...2 More Programs Introduced to SPEED Up Broken PA DEP Permitting
Speedy Gonzales How many government programs does it take to fix the broken Pennsylvania Dept. of Environmental Protection (DEP)? However many have gone before, you can add another two new programs to the list. Yesterday, the DEP announced two new programs that will, this time, really, actually, fix the agency’s chronically slow permitting for simple…
Read More...Shell Flushes $1M Down Penn State Toilet on Energy Transition, DEI
Sometimes, we are at a loss to explain the actions of “our side” (the fossil fuel industry). This is one of those times. Penn State University, in recent years, has become hostile to fossil energy and the shale fracking that pervades (and blesses) the state. Yet petrochemical giant Shell, with its $15 billion ethane cracker…
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