SilverBow Resources, ConocoPhillips and Devon are among E&Ps seeing positive results from restimulating mature Eagle Ford wells, although no operator is sold on the idea. This post appeared first on Hart Energy.
Read More...Deep Blue, the joint venture between Diamondback Energy and Five Point Energy, has acquired pipeline and hundreds of thousands of barrels of water disposal capacity from Lagoon Operating Midland. This post appeared first on Hart Energy.
Read More...CorEnergy said the sale of its MoGas and Omega pipelines and repayment of its secured debt encouraged stakeholders to approve recapitalizing the company’s balance sheet. This post appeared first on Hart Energy.
Read More...Here’s a roundup of the latest E&P headlines, with new contracts awarded and larger commitments made for oil and gas exploration in South Korea and Australia. This post appeared first on Hart Energy.
Read More...The Anadarko Basin’s complexities are not stopping Continental Resources from capitalizing on its resources and eyeing acreage that may possibly be on the market soon following the closing of some big deals, the company’s Vice President of the Anadarko Basin Aaron Chang told Hart Energy’s Nissa Darbonne at SUPER DUG. This post appeared first on
Read More...On May 23, the Ohio Dept. of Natural Resources (ODNR) issued a pooling order to Encino Energy that combines a number of properties into a single unit for drilling wells. The total of the surface land pooled is 1,081.076 acres, located in Stock Township, Harrison County, Ohio. There are 121 (!) properties or pieces of…
Read More...The country’s largest natural gas producer, EQT Corporation, headquartered in Pittsburgh and solely focused on drilling in the Marcellus/Utica, previously announced it had sliced 1 billion cubic feet per day (Bcf/d) of its production as of late February because of the ongoing low price of natgas (see Boom! EQT is Curtailing 1 Bcf/d of Gas…
Read More...It’s kind of interesting to watch how the left operates. Especially the left’s favored mouthpieces that pretend to be objective news media when, in fact, it is the opposite — they are partisan hacks serving the extremist wing of the Democrat Party. We’re referring to the “news” outlet Capital & Main, a hard-left propaganda outfit…
Read More...Dominion Energy plans to build four small “peaker” electric generating plants in Chesterfield County, VA, a Richmond suburb (see Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA). The Chesterfield Energy Reliability Center (CERC) in the James River Industrial Center calls for building four 250-megawatt gas-fired power plants (1,000 MW total) that can…
Read More...Folks, we’re not trying to beat a dead horse here, but we have to point out how the Biden administration is actively (right now) attacking the natural gas industry. You need to know this so you can educate others on what’s happening and so that you know why it’s so important that we dislodge the…
Read More...Midstream companies and E&Ps may have different priorities, but continued pipeline development is crucial for the basin’s future. This post appeared first on Hart Energy.
Read More...Four months after the Biden’s administration decided to pause permitting approval for LNG exports, experts have continued to emphasize the policy’s damaging effects on the American economy and allies’ energy security. Speaking this month at the Qatar Economic Forum in Doha, Ken Griffin, CEO of hedge fund Citadel, said that the decision was an “incoherent”
Read More...The Memorial Day weekend marked the start of summer driving season, and consumers are in a good spot thanks to American oil production. In fact, last week the Wall Street Journal reported that despite geopolitical tension and increased demand, gas prices are remaining steady: “A slow-but-steady decline pushed the average U.S. cost of regular gasoline
Read More...Woodside Energy’s Scarborough LNG project, located off Australia’s coast, is scheduled to start shipping cargo in 2026. This post appeared first on Hart Energy.
Read More...The funding will be used to conduct a feasibility study to establish the viability of direct air capture as a business and technology in California, the company says. This post appeared first on Hart Energy.
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