Last fall, MDN told you about a newly formed drilling company that aims to target the Ohio Utica Shale, a company called Tiburon Oil & Gas Partners, LLC (see Former Carrizo O&G Team Forms New Company to Drill in Ohio Utica). The company was founded by four former executives from Carrizo Oil & Gas, Inc….
Read More...Enverus Intelligence Research (EIR), a subsidiary of Enverus, issued a summary of the fourth quarter and full-year 2024 upstream M&A (mergers and acquisitions) activity yesterday. Two of the top five M&A deals include deals in the Marcellus/Utica. Coming in at #3 on the list was EQT’s sale of non-operated assets to Equinor for $1.25 billion…
Read More...Yesterday, we brought you the news that Pennsylvania Gov. Josh Shapiro had cut a deal (i.e., bullied) the PJM Interconnection electric grid into artificially capping electricity auctions, which will (in our opinion) eventually lead to blackouts (see PJM Grid Caves to PA Gov. Shapiro Bullying, Blackout Risk Rises). We argued that Shapiro himself is to…
Read More...Natural gas-fired electric power generation has increased in Pennsylvania since 2013 as the state has shifted toward natural gas as its main fuel source for electric power generation. In October 2024, natural gas-fired generation accounted for 57% of the electricity generated in Pennsylvania, more than twice the share in October 2013 (26%). This is thanks…
Read More...Lawfare by the environmental left in this country is a serious cancer eating away at our country. It must be stopped. The focus for much of the lawfare by climate nuts is the federal Environmental Protection Agency (EPA). Yesterday, the Senate approved former New York Congressman Lee Zeldin (from Long Island) to become the next…
Read More...The environmental left is now saying that calling out the scam known as carbon credits is causing companies to stop “investing” (i.e., blowing money) on said credits, and the situation is “devastating livelihoods and communities.” It is an “existential crisis” for the NGOs. Yes, it’s our fault that scholarships, new schools, and water projects are…
Read More...There has been a shift in the ongoing war to defeat fossil energy. Have you felt it? It’s a shift in the direction of those of us who support fossil energy. Yes, the election of Donald Trump, who ran on a platform of unapologetically supporting oil and gas (and coal), and his overwhelming victory is…
Read More...OTHER U.S. REGIONS: Venture Global given OK to introduce natgas at another LNG plant; NATIONAL: Trump EPA fires science advisers just like Biden did; WTI slips below $73 as Canada-Mexico tariff uncertainty grows; Trump’s transport secretary orders fuel-economy rule rewrite; Trump’s ‘drill, baby, drill’ agenda will likely take on an entirely new shape; How to…
Read More...Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said. This post appeared first on Hart Energy.
Read More...Elk Range Royalties is purchasing the mineral and royalty interests of Newton Financial Corp., Concord Oil Co. and Mission Oil Co. This post appeared first on Hart Energy.
Read More...ONEOK and Enterprise Product Partners chose to continue their agreements to transfer and price crude oil with Houston-based Intercontinental Exchange. This post appeared first on Hart Energy.
Read More...The Ramford Vanguard seismic vessel will be used to acquire data of shallow subsurface targets for wind farm development. This post appeared first on Hart Energy.
Read More...Bridger Photonics announced Ben Little as the company’s new CEO in support of the growth Bridger has experienced with the growing market adoption of its methane detection solutions. This post appeared first on Hart Energy.
Read More...Throughout the nationally-coordinated climate litigation campaign, plaintiffs have been determined to use state courts to try and achieve national energy policy. Unfortunately – and a bit ironically – that strategy isn’t playing out well, with a suite of defeats on the merits adding up to a dismal future for climate litigation. On the heels of
Read More...Last November, three of five supervisors in Cecil Township (Washington County), PA, voted to ban all new fracking via a new setback (distance from well to nearest structure) requirement of 2,500 feet (see Cecil Twp Supervisors Pull the Trigger on Frack Ban Via Setbacks). We said at the time, “Let the lawsuits begin.” Once again,…
Read More...