Dividends Declared Week of May 20, 2024
Here is a selection of upstream and service and supply company dividends declared in the past week. This post appeared first on Hart Energy.
Read More...16 New Shale Well Permits Issued for PA-OH-WV May 13 – 19
Permits issued in the Marcellus/Utica continue to bounce up and down. One month ago, there were 26 new permits in the M-U for a one-week period. Three weeks ago, 16 new permits were issued. Two weeks ago, just ten new permits were issued. And last week, May 13-19, the number increased to 16, but only…
Read More...OH Supreme Court Reverses “Drilled Too Deep” Decision TERA v Rice
Back in the summer of 2020, MDN told you about a lawsuit brought by an Ohio rights owner called TERA, an organization that owns the royalty rights for a number of leases with wells in Belmont County, OH, drilled by different producers, suing the producers for drilling into the Point Pleasant shale layer when the…
Read More...EQT Merger With Equitrans Clears Important Federal Antitrust Hurdle
The merger of EQT Corporation and Equitrans Midstream into a single company took one giant leap forward on Wednesday when the Hart-Scott-Rodino (HSR) Antitrust Act waiting period expired. In November 2018, under intense pressure from activist investors, EQT split itself into two companies: EQT Corporation and Equitrans Midstream (see It’s Here! EQT Midstream Division Now…
Read More...PA Senate Candidate David McCormick Gets a Rig Tour – “Unbelievable”
In case you weren’t aware, there’s an important political race happening in Pennsylvania for the U.S. Senate. In fact, the race’s outcome will likely determine whether or not the Senate remains hostage to radical Democrat control or flips to common sense Republican control. The Democrat running for the seat is Bob Casey, an entrenched D.C….
Read More...Mainstream Media 5 Years Late Reporting Lithium-from-Shale Story
We’ve had more than a few MDN readers pass along links from recent mainstream media stories about the treasure trove of lithium available “beneath Pennsylvania” in the state’s brine (shale wastewater) production. Which makes us a little bit crazy and amuses us at the same time because we’ve been reporting on this story since 2019!…
Read More...SEC Climate Rule: The Devil’s in the Lack of Details
The Securities and Exchange Commission’s climate disclosure rules requires companies to report a lot of information — from greenhouse-gas emissions to potential weather impacts that could have a material business impact. But the devil’s in the lack of details. This post appeared first on Hart Energy.
Read More...Sell High, Invest Low: Kinetik CEO on Creating Value with Durango Deal
Kinetik CEO Jamie Welch walks through the company’s process for acquiring Durango Permian, including selling its 16% stake in the Gulf Coast Express pipeline, and shares his takeaways on challenges in the Permian today, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...Aker Solutions’ Consultancy Arm Renamed Entr
Aker Solution’s newly christened Entr plans to double its revenue and headcount by 2030. This post appeared first on Hart Energy.
Read More...Despite Sanctions Russia Still World’s Fourth Largest LNG Exporter
Russia ranked as the world’s fourth-largest LNG exporter in 2023, sending out cargoes of 30 mtpa. Russia’s LNG capacity could surpass 74 mtpa capacity by 2030, according to details published by Flex LNG. This post appeared first on Hart Energy.
Read More...Baker Hughes to Supply Compression Trains for Algerian Field
Baker Hughes will supply 20 compression trains, which are expected to boost gas production at Alergia’s Hassi R’ Mel gas field. This post appeared first on Hart Energy.
Read More...Mexico Presidential Frontrunner Likely to Continue Reliance on US Gas
Mexico’s leading presidential candidate Claudia Sheinbaum is likely to continue with the current policies of Mexican President AMLO, likely meaning a continued reliance of U.S. imported piped-gas. This post appeared first on Hart Energy.
Read More...Crescent’s Credit Score Found Positive Following $2.1B SilverBow Deal
Crescent Energy, which is in the process of buying SilverBow Resources, said ratings agencies Moody’s, Fitchand S&P Global reacted positively to the pending $2.1 billion deal. This post appeared first on Hart Energy.
Read More...Enerplus, Chord on Track to Close $4B Williston Deal on May 31
Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24. This post appeared first on Hart Energy.
Read More...The ‘Necessary Evil’ of Four-mile Laterals
While extended length lateral wells can lead to massive profits, the risk might not always be worth it. At Hart Energy’s SUPER DUG, Diamondback Energy, SLB, NOV and others weighed the risk and rewards of drilling three- and four-mile laterals. This post appeared first on Hart Energy.
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