The Explosive Evolution of Fracking: A 75-Year Journey
Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom. This post appeared first on Hart Energy.
Read More...Exclusive: Arbo Monitoring Courts, Congress Amid Energy Policy Shifts
Chip Moldenhauer, CEO and founder of energy analytics company Arbo, gives insight into regulatory impacts the energy sector should watch for entering 2025, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...Belcher: Energy Sector Grapples with Looming Labor Crisis
The U.S. needs approximately 400,000 new engineers each year moving forward but is currently only able to fill about one-third of the engineering positions available through at least 2030. This post appeared first on Hart Energy.
Read More...E&P Highlights: Dec. 9, 2024
Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P. This post appeared first on Hart Energy.
Read More...Commerce Department Sees Higher Dumping of Mexican, Argentine OCTG
United States Steel Corp. said it has concerns that Argentine oil country tubular goods are being dumped “at much higher levels” than preliminary data suggested. This post appeared first on Hart Energy.
Read More...OH Drops 1, PA Adds 1 Rig; National Rig Count Soars, Adds 7 @ 589
The Baker Hughes national rig count dramatically increased last week, adding seven rigs for a national count of 589. Note that the national count continues to be rangebound between 581 and 589 since June (except for Sep. 13, when it hit 590 for a single week). Will we break out of the rut and go…
Read More...Upper Burrell Twp Makes Moves to Ban Wastewater Injection Wells
Upper Burrell (Westmoreland County, PA) town supervisors have historically been receptive (or at least tolerant) to the Marcellus Shale industry that has so blessed their town and Westmoreland County (see our Upper Burrell stories here). According to MDN’s soon-coming data service, Upper Burrell has 20 actively producing shale wells, with 17 of them drilled since…
Read More...Same Guy Who Drilled 1st Marcellus Well Helped Crack Utica Oil Code
Hart Energy has published a number of articles highlighting companies and key people in the Marcellus/Utica region. Hart has an ongoing series called Hart Energy’s Hall of Fame to honor industry pioneers and the Agents of Change (ACEs) who are leading the energy sector into the future. A recent Hall of Fame article highlights one…
Read More...Williams Sues ET Again, This Time for Blocking La. Pipe Project
Two pipeline industry titans are going after each other again. Energy Transfer and Williams previously tangled over an aborted proposed merger, a saga that stretched from 2015 until it was finally settled in 2023 (see Williams Finally Wins Case Against ET Aborted Merger – $495 Million). More recently, Williams sought permits to drill for a…
Read More...Panic Sets In with NY’s 2026 Deadline Banning NatGas in New Homes
In January 2023, New York Gov. Kathy Hochul, an extremist, floated a plan to ban natural gas hookups in every single new home and business across the “Empire” State (see NY Gov. Hochul Loses Her Mind – Wants to Ban Gas in New Buildings). She even wanted to ban gas in existing homes, but that…
Read More...Are Shale Producers Getting Credit for Reining in Spending Frenzy?
An unusual reduction in producer hedging found in a Haynes and Boone survey suggests banks are newly open to negotiating credit terms, a signal of market rewards for E&P thrift. This post appeared first on Hart Energy.
Read More...DOE Report on LNG Pause Climate to Arrive Before January
The White House said it implemented a permit pause on export facilities to allow time for an analysis of LNG climate impacts. This post appeared first on Hart Energy.
Read More...Energy Transfer Reaches FID on 2.2 Bcf/d Permian Pipeline Project
Energy Transfer said the newly renamed Hugh Brinson Pipeline—formerly known as Warrior—will deliver Permian Basin gas to the Dallas/Fort Worth market and beyond. This post appeared first on Hart Energy.
Read More...As Upstream M&A Settles, Oilfield Services Gear Up for More Deals
Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte. This post appeared first on Hart Energy.
Read More...Energy Transition in Motion (Week of Dec. 6, 2024)
Here is a look at some of this week’s renewable energy news, including a record-setting quarter for solar module capacity in the U.S. This post appeared first on Hart Energy.
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