Lift-off: How AI is Boosting Field and Employee Productivity
From data extraction to well optimization, the oil and gas industry embraces AI. This post appeared first on Hart Energy.
Read More...Energy Transition in Motion (Week of April 12, 2024)
Here is a look at some of this week’s renewable energy news, including a renewable energy milestone for the U.S. This post appeared first on Hart Energy.
Read More...Canada’s First FLNG Project Gets Underway
Black & Veatch and Samsung Heavy Industries have been given notice to proceed with a floating LNG facility near Kitimat, British Columbia, Canada. This post appeared first on Hart Energy.
Read More...US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row-Baker Hughes
The oil and gas rig count, an early indicator of future output, fell by three to 617 in the week to April 12, the lowest since November. This post appeared first on Hart Energy.
Read More...Texas Earthquake Could Further Restrict Oil Companies’ Saltwater Disposal Options
The quake was the largest yet in the Stanton Seismic Response Area in the Permian Basin, where regulators were already monitoring seismic activity linked to disposal of saltwater, a natural byproduct of oil and gas production. This post appeared first on Hart Energy.
Read More...BKV CEO: Texas Grid Needs More Combined Cycle NatGas Plants
BKV CEO Chris Kalnin dives into the “core issue” of Texas’ renewable grid and how the company is increasing production as the the largest producer in the Barnett Shale, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...73-year Wildcatter Herbert Hunt, 95, Passes Away
Industry leader Herbert Hunt was instrumental in dual-lateral development, opening the North Sea to oil and gas development and discovering Libya’s Sarir Field. This post appeared first on Hart Energy.
Read More...US Finalizes Big Reforms to Federal Oil, Gas Drilling
Under the new policy, drilling is limited in wildlife and cultural areas and oil and gas companies will pay higher bonding rates to cover the cost of plugging abandoned oil and gas wells, among other higher rates and costs. This post appeared first on Hart Energy.
Read More...Subsea7 Awarded Sizable Contract in GoM
Subsea7 will install a flowline for Talos’ Sunspear development in the Gulf of Mexico. This post appeared first on Hart Energy.
Read More...Exclusive: ‘Reality Has Hit,’ NatGas Not Just a Bridge Fuel, Landrieu Says
The Biden administration’s LNG pause is “disappointing” and natural gas is a “solution to energy woes,” co-chairs for Natural Allies for a Clean Energy Future Senator Mary Landrieu and Congressman Kendrick Meek told Hart Energy’s Jordan Blum at CERAWeek by S&P Global. This post appeared first on Hart Energy.
Read More...‘Unapologetic,’ Barclays Restarts E&P Coverage: ‘The World Needs Oil and Gas’
Barclays analysts, in restarting coverage of E&Ps, presented anti-hydrocarbon investors with “a reality check on energy transition.” This post appeared first on Hart Energy.
Read More...Riley Permian Announces Quarterly Dividend
Riley Exploration Permian’s dividend is payable May 9 to stockholders of record by April 25. This post appeared first on Hart Energy.
Read More...UAE’s ADNOC Recently Eyed BP as Takeover Target, Sources say
The Emirati giant, Abu Dhabi National Oil Co., considered all options when looking at BP, including buying a big stake. This post appeared first on Hart Energy.
Read More...Genesis Energy Declares Quarterly Dividend
Genesis Energy declared a quarterly distribution for the quarter ended March 31 for both common and preferred units. This post appeared first on Hart Energy.
Read More...AI Poised to Break Out of its Oilfield Niche
At the AI in Oil & Gas Conference in Houston, experts talked up the benefits artificial intelligence can provide to the downstream, midstream and upstream sectors, while assuring the audience humans will still run the show. This post appeared first on Hart Energy.
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