Stone Hill Exploration and Production has retained EnergyNet for the sale of a Midland Basin 41 well package (11 PDP wells, 5 WIPs and 25 PUD locations) in Howard County, Texas. This post appeared first on Hart Energy.
Read More...The deepwater greenfield project in the Gulf of Mexico targets reserves in the high-pressure Paleogene reservoir. This post appeared first on Hart Energy.
Read More...Patterson-UTI saw net income rebound from 2022 and CEO Andy Hendricks says the company is well positioned following a wave of E&P consolidations that may slow activity. This post appeared first on Hart Energy.
Read More...NOV’s dividend is payable March 28 to stockholders on record by March 14. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including the outlook for solar and battery storage in the U.S. This post appeared first on Hart Energy.
Read More...Baker Hughes said U.S. oil rigs fell two to 497 this week, while gas rigs were unchanged at 121. This post appeared first on Hart Energy.
Read More...With planning and early negotiations, oil and gas companies and renewable energy firms can develop projects concurrently, experts at NAPE said. This post appeared first on Hart Energy.
Read More...The backlog of these contracts and extensions is valued at $1.2 billion. This post appeared first on Hart Energy.
Read More...Completion deadline of Tellurian’s Driftwood project was moved to 2029 and phase 1 could come online in 2027. This post appeared first on Hart Energy.
Read More...There were 19 new permits issued to drill in the Marcellus/Utica during the week of Feb. 5 – 11, versus 20 permits issued the prior week. Pennsylvania issued 13 new permits last week. Ohio issued 4 new permits. West Virginia issued 2 new permits last week. Range Resources scored the most new permits with 5…
Read More...Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the largest M-U driller in West Virginia), issued its fourth quarter and full-year 2023 update yesterday. The company reports net production averaged 3.4 billion cubic feet equivalent per day (Bcfe/d) during 4Q23, an increase of 6% year-over-year. Production…
Read More...It feels like the NYMEX Henry Hub futures price for natural gas is in a free fall, heading for $1.50/MMBtu or (gasp) maybe even lower. Yesterday, the NYMEX price for the front month closed at $1.58/MMBtu. The price has been down for eight trading days in a row and is at the lowest price since…
Read More...ProFrac Holding Corp. is an oilfield service company (OFS) providing well-stimulation services, proppants production, and other complementary products and services to oil and gas companies engaged in the exploration and production (E&P) of unconventional oil and natural gas resources throughout the United States. In other words, ProFrac is a fracker-for-hire. The company has its own…
Read More...In December 2019, New York Attorney General Tish James and her highly-paid associates were thoroughly, completely, 100% humiliated in court when their case against Exxon Mobil, accusing the company of screwing shareholders by keeping secret knowledge they are toasting Mom Earth, was itself toast (see Judge Finds Exxon Not Guilty in Fraud Case – NY…
Read More...Plugging and capping old wells has been in the news a lot lately. The left claims old oil and gas wells are partially responsible for toasting Mom Earth. Bunkum (see our companion story today about the EDF/Google satellite). But, let’s be honest, it’s better to cap old wells than to have them belching methane for…
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