Enverus Inventory Rankings: Pinpointing Shale’s Best Remaining Runway
The Montney Shale steals the spotlight in Enverus’ play rankings, while the Eagle Ford draws plaudits for its resilience. This post appeared first on Hart Energy.
Read More...Are 3-mile Laterals Worth the Extra Mile?
Every additional foot increases production, but it also increases costs. This post appeared first on Hart Energy.
Read More...Occlusion and Envana’s ‘Grave to Grave’ Solution for Orphan Wells
Despite no longer producing, abandoned wells pose a significant environmental problem. Occlusion and Envana look to remedy the “couple hundred thousand-well problem” with their Go2Green process for well retirement. This post appeared first on Hart Energy.
Read More...Martin Resource Sidesteps Firms’ Criticism, Offer for Midstream MLP
Martin Resource Management, which in May proposed buying spinoff Martin Midstream Partners, responded to two capital firms’ counteroffer made public July 11 by saying it’s not interested. This post appeared first on Hart Energy.
Read More...IBAT Cranks Up US Commercial Direct Lithium Extraction Facility
International Battery Metals said the startup marks the first commercial-scale facility that uses DLE technology in North America and the world’s first modular commercial DLE plant. This post appeared first on Hart Energy.
Read More...APA Closes Midland Basin, Eagle Ford Divestitures for $660 Million
APA Corp. and subsidiary Apache sold non-core assets in the Permian Basin and Eagle Ford Shale sooner than expected, and for less, as the company looks to reduce debt from its Callon Petroleum deal earlier this year. This post appeared first on Hart Energy.
Read More...18 New Shale Well Permits Issued for PA-OH-WV Jul 1 – 7
We noticed that permit data has already been updated for last week, so we’re bringing you our weekly permit report a day early. For the week of July 1 – 7, a total of 18 permits were issued to drill new shale wells in Marcellus/Utica. There were six new permits issued in Pennsylvania, with four…
Read More...DC Circuit Allows EPA Attack on O&G Via Methane Reg to Commence
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...Cleveland Democrat Floats Bill to Require Frack Chemical Disclosure
An anti-drilling Democrat member of the Ohio House of Representatives (representing a Cleveland suburb) would love nothing more than to ban all shale drilling in his state. He has just introduced a bill requiring drillers to disclose any and all chemicals they use for any purpose when drilling a new shale well under state-owned land….
Read More...Gas Trader Predicts NatGas $2.50 in 2024, $3.00+ in 2025 & Beyond
Yes, we’ve been keeping an eye on the (pathetic) price of natural gas as it flounders and flops. The NYMEX Henry Hub front-month contract briefly went above $3/MMBtu earlier this year, but since that time, it’s had a hard time staying above $2. It’s depressing. From time to time, we bring you predictions from various…
Read More...Politically Correct BP Says World Taking Too Long to “Transition”
No, we’re not talking about transitioning from male to female and female to male, a mental disorder that’s celebrated in popular culture these days. We’re talking about the “other” transitioning — from using fossil fuels to…using nothing, because without fossil fuels, you get nothing when it comes to energy. The left pretends solar and wind…
Read More...Occidental Fleeces Microsoft into Buying Carbon Indulgences
Maybe the oil and gas industry will get the last laugh after all. We’ve written many posts comparing carbon offsets/credits to the practice of the Catholic Church selling indulgences in the Middle Ages to absolve you of your sins (see our stories here). But that doesn’t really work. Your sins don’t magically go away if…
Read More...Other Stories of Interest: Thu, Jul 11, 2024
OTHER U.S. REGIONS: Tellurian gets FERC approval for Driftwood completion; New York to roll out small shampoo bottle ban at hotels; INTERNATIONAL: Houthi attacks in Red Sea sharply increase. Please Login to view this content. (Not a member? Join Today!) The post Other Stories of Interest: Thu, Jul 11, 2024 first appeared on Marcellus Drilling
Read More...Come Together: California Resources, Aera Merge for Scale, Drilling Runway
California Resources Corp. closed an acquisition of Aera Energy to become California’s top oil and gas producer. Now, CRC President and CEO Francisco Leon wants to grow from a one-rig to an eight-rig drilling program—but faces stiff pushback from regulators and environmental advocates in the Golden State. This post appeared first on Hart Energy.
Read More...Supreme Court’s Uinta Basin Rail Case Raises Stakes for LNG, Pipelines
The lawsuit, involving crude transport via railway in the Uinta Basin, is part of a larger intragovernmental fight that could have implications for how FERC decides pipeline and LNG plant permitting. This post appeared first on Hart Energy.
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