Natural gas demand in the western U.S. market is rising, risking supply shortages later this decade. Experts say gas from the Uinta and Green River basins will make up some of the shortfall. This post appeared first on Hart Energy.
Read More...Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines. This post appeared first on Hart Energy.
Read More...USA BioEnergy subsidiary Texas Renewable Fuels plans to annually convert 1 million tons of forest thinnings into 65 million gallons of net-zero transportation fuel, including SAF and renewable naphtha. This post appeared first on Hart Energy.
Read More...KeyBanc analysts expect an “imminent” Diamondback Energy dropdown to Viper Energy and at least a couple of $500 million deals by public mineral and royalty companies in 2025, with Sitio Royalties a likely acquirer. This post appeared first on Hart Energy.
Read More...Atlas Energy Solutions’ 42-mile Dune Express fully electric conveyor system delivered its first commercial load of proppant sand from Texas to New Mexico on Jan. 12. This post appeared first on Hart Energy.
Read More...After remaining at the same level for five weeks in a row, the Baker Hughes U.S. rig count lost five rigs last week, dropping from 589 to 584. The Marcellus/Utica rig count was a combined 34 last week—the same number for five weeks in a row. PA has operated 15 rigs for the past nine…
Read More...The prices natural gas is selling for, both the NYMEX futures price and the spot price at various trading hubs, continue to climb. Last Friday, the NYMEX “front month” futures contract (based on gas flows at the Henry Hub in Southern Louisiana) traded above $4/MMBtu for some of the day, but ultimately closed at $3.989,…
Read More...We’ve read a number of articles warning the radical left is gearing up to launch a blizzard of lawsuits (i.e., lawfare) against the incoming Trump administration—particularly related to environmental and energy policies and regulations. It’s standard operating procedure for the left, which has taken to bastardizing our justice system in recent years. While the left…
Read More...On Jan. 3, the Biden IRS issued its final clean hydrogen tax credit rule, otherwise known as the 45V Clean Hydrogen Production Tax Credit. We previously wrote about 45V back in June (see Biden IRS 45V Tax Rule Endangers Hydrogen Hub Projects in M-U). Our take back then has not changed with the release of…
Read More...RBN Energy recently concluded a two-part series on LNG delays and what’s causing delays in bringing more export capacity online. Friday’s Part 2 of the series looks at recent court rulings and regulatory issues and their impact on U.S. LNG development. Yes, Joe Biden’s ill-timed “pause” on the Department of Energy issuing new export approvals…
Read More...The Permian Basin’s core is in full-scale manufacturing mode, with smaller intrepid operators pushing the basin’s boundaries further and deeper. This post appeared first on Hart Energy.
Read More...After two large-scale transactions by SM Energy and Ovintiv, the Uinta Basin is ready for development—and stacked pay exploration. This post appeared first on Hart Energy.
Read More...The Treasury Department released guidance clarifying eligibility for the 45Z credit and which fuels are eligible, but holes remain. This post appeared first on Hart Energy.
Read More...Rising electrical demand may finally push natural gas demand to catch up with production. This post appeared first on Hart Energy.
Read More...Sherri Evers, Imperial Oil’s senior vice president of sustainability, commercial development and product solutions, has been appointed general manager for Exxon Mobil North America Lubes. This post appeared first on Hart Energy.
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