Operators wanting to grow oil inventory organically are finding promising potential as modern drilling and completion costs have dropped while adding inventory via M&A is increasingly costly. This post appeared first on Hart Energy.
Read More...The Chinese oil and gas major said CNOOC Energy Holdings U.S.A. entered into a sales agreement with a subsidiary of INEOS relating to CNOOC’s upstream oil and gas assets in the U.S. part of the Gulf of Mexico. This post appeared first on Hart Energy.
Read More...Venture Global LNG reached a final investment decision on the 20 million metric tons per annum Plaquemines facility 30 months ago. This post appeared first on Hart Energy.
Read More...Diamondback Energy, Halliburton Energy Services and VoltaGrid are working together to deploy four advanced electric simul-frac fleets across the Permian in an effort to enhance clean and efficient energy solutions in the region. This post appeared first on Hart Energy.
Read More...Beau Egert, chief commercial officer for Conduit Power, said Riley Exploration Permian is taking control of their own to provide power for their consumption and the community. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including the latest on explosive growth in grid-scale energy storage installations. This post appeared first on Hart Energy.
Read More...PHX Minerals hired bankers to explore a potential merger or sale of the firm, which manages assets across the Midcontinent and Haynesville Shale play. PHX has rejected multiple unsolicited acquisition bids in the past two years. This post appeared first on Hart Energy.
Read More...A spike in power generation demand is driving the U.S. to use natural gas, the Energy Information Administration reports. This post appeared first on Hart Energy.
Read More...Here is a compilation of dividends declared from select upstream, midstream and service and supply companies during the week of Dec. 9. This post appeared first on Hart Energy.
Read More...U.S. energy firms this week operated the same number of oil and natural gas rigs as they did last week, according to Baker Hughes’ weekly report. This post appeared first on Hart Energy.
Read More...The decision to suspend its Kunooz-1 exploration well comes after flow testing failed to confirm the presence of commercially-viable hydrocarbons, Tethys said. This post appeared first on Hart Energy.
Read More...Delek Logistics purchase of Permian-focused Gravity Water Midstream adds more than 200 miles of permanent pipeline and 46 saltwater disposal facilities. This post appeared first on Hart Energy.
Read More...With a new incoming Trump administration, there is concern about what changes are in store for President Biden’s signature climate legislation, the Inflation Reduction Act. This post appeared first on Hart Energy.
Read More...For the week of Dec 2 – 8, permits issued in the Marcellus/Utica bounced back nicely. There were 28 new permits issued last week, more than doubling the 12 issued the week before (and matching the 28 issued three weeks ago). The Keystone State (PA) issued 18 new permits, with eight going to EQT spread…
Read More...Yesterday, Northern Oil and Gas, Inc. (NOG) announced it had entered a Joint Development Program with an unnamed Marcellus/Utica driller to invest $160 million in 2025 for new well drilling. In return, NOG will receive a 15% working interest (i.e., ownership) in the assets. NOG did not identify the driller but called it “one of…
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