The Senate Budget Committee took the House Democrats’ political-theatre-esque investigation into energy companies and turned it into a complete political dud. At a hearing Wednesday intended to build off of the House Oversight Committee’s (HCOR) failed investigation into energy companies back in 2022, Democratic politicians and activist witnesses failed to produce anything of substance to
Read More...Diamondback Energy CEO Travis Stice tells analysts that the company’s nimble nature is among its top qualities, allowing for rapid growth and the successful integration of Endeavor Energy this year. This post appeared first on Hart Energy.
Read More...Enterprise Products Partners’ co-CEO disputed capex figures reported in the media regarding its Sea Port Oil Export Terminal. This post appeared first on Hart Energy.
Read More...SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It’s a first in the Chalk. This post appeared first on Hart Energy.
Read More...Comstock Resources’ four newest wells, which IP’ed at more than 35 MMcf/d, were landed at up to 19,400 feet total vertical depth. This post appeared first on Hart Energy.
Read More...With approval from the Federal Trade Commission, Exxon Mobil could close its $59.5 million acquisition of Pioneer Natural Resources after more than six months of review. This post appeared first on Hart Energy.
Read More...Equitrans Midstream, builder of the mighty Mountain Valley Pipeline (MVP), issued its first quarter 2024 update yesterday. The update came without the typical conference call for analysts, given the impending merger with (takeover by) EQT Corporation. Picking through the prepared updates and filings with the SEC, we discovered some useful bits of news. First and…
Read More...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...Private companies create jobs and economic stimulus, not “the government,” as the left convinces you. Companies, especially manufacturing companies, locate where there is cheap energy. In Pennsylvania, there is abundant cheap (and CLEAN) energy from Marcellus gas in the northeastern part of the state. And indeed, that is exactly what is happening. Businesses are locating…
Read More...When the Bidenistas announced a $750 million “investment” of taxpayer money would flow to the Philadelphia region (actually Delaware and New Jersey, and a little bit of Philly) for a “green” hydrogen hub, wackadoodle antis pitched a fit (see Mouthy Delaware Riverkeeper Disrupts PA Gov. at Hydrogen Rally). Antis, along with selfish companies (that would…
Read More...Greg Wrightstone, a Pennsylvania native, is a geologist, the executive director of the CO2 Coalition, and an author. Wrightstone recently published an article detailing how Pennsylvania’s environment is not in the state of crisis that alarmists say it is. He implores Gov. Josh Shapiro to get his head out of his…mental morass…and stop worrying about…
Read More...Wylease LLC has retained EnergyNet for the sale of working interest in the Niobrara Shale of Converse County, Wyoming in the Cloud Peak 3874-8-5-1NH. This post appeared first on Hart Energy.
Read More...TechnipFMC’s operational profits are growing as the company heightened its focus on “quality” subsea orders, which earned $2.4 billion for the first quarter. This post appeared first on Hart Energy.
Read More...Wylease LLC has retained EnergyNet for the sale of working interest in the Misty Moon Lake 3874-17-20-1NH of Converse County, Wyoming. This post appeared first on Hart Energy.
Read More...A crop of Mexican LNG facilities in development will connect U.S. producers to high-demand markets while avoiding the Panama Canal. This post appeared first on Hart Energy.
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