BP Seeks Buyers for US NatGas Pipeline System Stake, Sources Say
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, sources say. This post appeared first on Hart Energy.
Read More...Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?
Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners. This post appeared first on Hart Energy.
Read More...Europe Ramps Up Natural Gas Reserves to Protect the Continent’s Energy Security
As temperatures across Europe plummet this winter, people around the continent are reminded of the importance of a secure supply of natural gas to keep their homes warm. In November, Europe’s natural gas storage capacity was 95 percent full, marking a recognition from policymakers that significant levels of natural gas will be needed to ensure
Read More...Bitcoin Mining: A Potential Solution To Wind Energy Wastage In The UK
As the world moves toward a greener, more sustainable energy future, the United Kingdom faces a significant challenge: managing excess energy from renewable sources like wind power. This issue, driven by grid congestion, is costing the country billions. However, a surprising solution may lie in the world of cryptocurrency. Bitcoin mining, often criticized for its
Read More...Permian EOR Firm Plans Reverse Merger with Coconut Water Brand
Roosevelt Resources, which is developing an EOR project in the Texas Permian Basin, aims to go public through a reverse merger. This post appeared first on Hart Energy.
Read More...Afterthought to Asset: How Data has Transformed Oil, Gas Decision-Making
Digital data points have transformed from a byproduct of operations to the main driver of innovation in the energy industry, says Fabricio Sousa, president of Worley Consulting. This post appeared first on Hart Energy.
Read More...EIA Reports 30-Bcf Drop in Stored NatGas, Missing Expectations
The withdrawal of U.S. natural gas in storage was lower than expected, but prices remain above $3. This post appeared first on Hart Energy.
Read More...Hawaii County Official Admits Climate Lawsuits Are “Another Source of Funding”
Hawaii County appears to be gearing up to join the growing wave of municipalities suing energy companies – all to line their pockets – under the facade of addressing climate change, by opening the door to employing a dark-money funded law firm under Congressional investigation. In a moment of surprising candor while discussing grant programs
Read More...Surge Energy Balancing M&A Hunt with Testing Midland’s Shallow Zones
Surge Energy’s Travis Guidry discusses the potential for $1.3 billion in Permian Basin M&A and the company’s quest to grow inventory organically. This post appeared first on Hart Energy.
Read More...Chord Taps Gradient Geothermal’s Tech for Williston Basin Power
The first-of-its-kind deployment for the geothermal company in North Dakota involved removing heat from produced fluids to create electricity. This post appeared first on Hart Energy.
Read More...Indiana, PA Converting Coal Power Plant to Massive New Gas Plant
We have some exciting news to share. What was Pennsylvania’s largest coal-fired power plant, the Homer City Generating Station, located in Center Township, Indiana County, PA, shut down operations in July 2023. In its heyday, the massive plant produced 1,888 megawatts of electricity (nearly 2 GW). Demolition of the old plant and construction of a…
Read More...Antis Seek to Ban All Fracking in Allegheny County, PA
Allegheny County, PA They never, ever give up. And neither should we. The “they” we’re speaking of are irrational anti-fossil fuel zealots. The Allegheny County Board of Health, a nine-member governing board appointed by the County Chief Executive, held a meeting yesterday to discuss air permits. Attending the meeting were anti-fossil fuel zealots making a…
Read More...PA Gov. Shapiro’s DEP Blows $600,000 on “Enviro Justice” Grants
There is no excerpt because this is a protected post. The post PA Gov. Shapiro’s DEP Blows $600,000 on “Enviro Justice” Grants first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...EQT Hits Back at Greene Co. Landowners Claiming Water Contamination
This post is to catch you up on the latest developments in a class action lawsuit related to a frac-out, or “inadvertent return” that happened when EQT Corp. drilled a well in Greene County, PA, in 2022 (see Possible Frac-Out Reported at EQT Well Site in Greene County, PA). A frac-out happens when drilling mud…
Read More...Williams CEO Says FERC Should Have Total Control Over Pipe Permits
Wow! Trump winning the election has clearly emboldened some CEOs in the oil and gas sector. Anti-fossil fuel zealots long ago figured out if they could stop new pipelines from getting built, they could block the growth of new shale drilling. The antis have been devastatingly effective in places like the northeast U.S. in places…
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