Maryland is a sad state. It’s completely ruled by leftists who seek to impoverish its residents by forcing them to use expensive and unreliable renewable energy. There is actually some Marcellus/Utica shale under Maryland (in a couple of far-western counties), but the state outlawed shale fracking nearly 10 years ago when then-Gov. Larry Hogan (a…
Read More...The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook yesterday, the agency’s monthly best guess about where energy prices and production will go in the next 12 months. The EIA number crunchers are making the bold prediction that dry gas production will hit new record highs in 2024 and 2025. The…
Read More...Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale. This post appeared first on Hart Energy.
Read More...Underwriters have agreed to purchase approximately 22.2 million of Spartan Delta Corp. common shares, for resale to the public, at CA$3.82 per share (US$2.66), the company said. This post appeared first on Hart Energy.
Read More...The SPAC will be Riverstone Holdings co-founder David Leuschen’s eighth, following the Permian Basin’s Centennial Resources, the Anadarko’s Alta Mesa Holdings and the Montney’s Hammerhead Resources. This post appeared first on Hart Energy.
Read More...Carbon removal company and investment firm SkiesFifty have partnered to sequester 200,000 tons of CO2 over the next four years. This post appeared first on Hart Energy.
Read More...Colonial Pipeline, the largest refined products pipeline operator in the United States, said on Jan. 14 it was responding to a report of a potential gasoline leak in Paulding County, Georgia and that one of its mainlines was temporarily shut down. This post appeared first on Hart Energy.
Read More...Unleashing America’s dominant natural resources, ensuring energy security through LNG exports, and protecting consumer choice through revised tailpipe rules were all central themes of the American Petroleum Institute’s (API) “State of American Energy 2025” event Tuesday. While industry leaders had little debate that the Biden Administration’s many efforts seeking to limit the oil and gas
Read More...The upcoming confirmation hearing for Chris Wright to serve as Energy Secretary will put a spotlight on how the incoming Trump administration will shift the future of U.S. energy production, specifically for oil and gas. Wright, the founder and CEO of Denver-based oilfield services company Liberty Energy, has spent his career developing U.S. energy and
Read More...The U.S. Supreme Court on Monday declined an appeal by energy companies to review Honolulu’s climate lawsuit that seeks billions of dollars from oil and gas companies for alleged damages of climate change, thus, allowing the case to move forward. So, what does this mean? This is not an endorsement of climate litigation by SCOTUS.
Read More...We have news about a disturbing ruling from the Pennsylvania Public Utilities Commission (PUC) issued last Wednesday. By a vote of 3-2 along party lines (Democrats in the majority), the PUC commissioners labeled landlords as “pipeline operators” if they have behind-the-meter gas distribution systems on their properties. The move will require, with limited exceptions, landlords…
Read More...CNX Resources announced in December that it had struck a deal to buy the assets of Apex Energy II, LLC, a portfolio company of funds managed by Carnelian Energy Capital Management, for $505 million (see CNX Resources Buys Apex Energy for $505M, Adds Pa. M-U Assets). Apex owns wells, acreage, and pipelines in Westmoreland County,…
Read More...Faced with the possibility of blackouts, Connecticut’s Democrat Governor, Ned Lamont, wants to keep his nuclear and gas-fired power plants. But Lamont isn’t interested in building more pipelines or new gas-fired plants. That’s a bridge too far for Lamont. He’s happy to allow the residents of Connecticut to continue paying some of (perhaps THE) highest…
Read More...Based on comments in two different Reuters articles published yesterday, the Freeport LNG export facility is again experiencing an outage. It appears to be a partial outage. Freeport, in typical tight-lipped fashion, refuses to say anything. According to Reuters, flows to the 2.1 billion cubic feet per day (Bcf/d) Freeport facility were on track to…
Read More...If you’ve read MDN for any time, you’ve come across at least a few articles about gas-fired power. Nationwide, natural gas produces 43.1% of all electricity, the number one source of electric generation (see this EIA page). Nuclear is number two, producing 18.6% of all electricity. Coal is number three, producing 16.2%. Wind produces 10.2%…
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