Following discussions between Permian joint venture partners Occidental Petroleum and Ecopetrol, the Colombian oil company declined to acquire a 30% stake in CrownRock LP’s Midland Basin assets. This post appeared first on Hart Energy.
Read More...WhiteWater Midstream announces a joint venture to build the 2.5 Bcf/d Blackcomb pipeline, which would offer a new connection from the Permian Basin to South Texas. This post appeared first on Hart Energy.
Read More...As the now-presumptive Democratic nominee for president, Vice President Kamala Harris is already attempting to walk back her past anti-energy rhetoric to win over voters in energy-producing states like Pennsylvania. Most recently, Harris’ campaign reversed her antagonistic stance towards fracking – which she made on the record repeatedly as a candidate herself – stating that she does not support a nationwide ban on
Read More...After a false start in the early 2010s that went underwater with overwhelmingly low oil and associated-gas prices, a new group of Ohio drillers is going after the Utica’s volatile oil window. They’re talking now. Here’s what they’re up to. This post appeared first on Hart Energy.
Read More...Silver Hill’s portfolio consists of operations across 55,000 net acres in East Texas and North Louisiana and 86,000 net acres in North Dakota. This post appeared first on Hart Energy.
Read More...Hess Corp. is producing and spending more as it awaits completion of Chevron’s proposed $53 billion acquisition, helping the E&P lift volumes in the Bakken and offshore Guyana. This post appeared first on Hart Energy.
Read More...This is so frustrating. A panel of three extremely liberal (wildly left) Democrat judges sitting on the U.S. Court of Appeals — two appointed by Joementia and the other appointed by Lord Obama — have overturned a Federal Energy Regulatory Commission (FERC) approval of the $1 billion Transco Regional Energy Access Expansion (REAE) project that…
Read More...Chesapeake Energy issued its second quarter 2024 update yesterday. Due to the low price of natural gas, Chesapeake promised (in 1Q) that it would curtail roughly 25% of its production. The company kept its word. Chessy’s 2Q production was 24.9% lower than the same period in 2023. Production was 2.745 Bcfe/d in 2Q24 versus 3.653…
Read More...: BP’s contract with a Transocean vessel is expected to culminate in a drilling program beginning in first-quarter 2025. This post appeared first on Hart Energy.
Read More...DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and other regions like the Haynesville. DTM issued its second quarter 2024 update yesterday. Of keen interest to us was any talk of the company’s Phase III expansion to the Appalachian Gathering System and an expansion in the Tioga County gathering system….
Read More...Last week, MDN exclusively brought you the news that the CEO of American Environmental Services, which owns Austin Master Services (AMS), had filed a brief with Belmont County Court to either forgive or reduce a $1.2 million bond needed to keep the CEO, Brad Domitrovitsch, out of jail (see Austin Master Serv. CEO Asks Court…
Read More...PJM Interconnection, the largest U.S. power grid operator, published the results of its latest electricity auction yesterday. PJM serves 65 million people in 13 states plus the District of Columbia (including PA, OH, and WV). The latest auction for delivery of electricity in PJM in 2025/26 produced a wholesale price of $269.92/MW-day. That is a…
Read More...PJM, the grid manager for Pennsylvania, twelve other states, and the District of Columbia, is worried about future energy needs. As existing power plants come offline and lawmakers seek to replace them with woefully inadequate alternatives, PJM estimates electricity shortages as early as 2027. PA Gov. Josh Shapiro isn’t helping matters with his disastrous energy…
Read More...NATIONAL: US natgas prices jump 4% on forecast for record heat; Debunking claims that Biden has replenished the SPR; Climate law’s CCS windfall is almost 2 years old – not working; Shale costs forecast to fall 10% this year. Please Login to view this content. (Not a member? Join Today!) The post Other Stories of
Read More...SLB, OneSubsea, Subsea 7 and the Subsea Integration Alliance will increase speed of tool delivery, optimize installation and reduce rig days at BP’s Murlach development in the North Sea. This post appeared first on Hart Energy.
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