Expand Energy Corporation Chief Operating Officer (COO) Josh Viets presented at yesterday’s 46th Annual Raymond James Institutional Investor Conference. Viets provided insights into Expand’s assets and capital allocation strategy. The company’s approach is based on “a very constructive outlook for the natural gas commodity.” Expand, you may recall, is the new name for two merged…
Read More...In November 2023, the Federal Energy Regulatory Commission (FERC) agreed with a petition from Dominion Energy subsidiary Virginia Electric and Power Company that requested a planned LNG production, storage, and regasification facility in Greensville County, VA, should be exempt from FERC jurisdiction under section 7 of the Natural Gas Act (see Dominion LNG Storage for…
Read More...What happens when the Trump wrecking ball swings into the bureaucratic web of everything that touches oil and gas? This post appeared first on Hart Energy.
Read More...Gas producers such as Chevron Corp. and Expand Energy have seen a host of problems—predominantly due to legal challenges lead by Energy Transfer. This post appeared first on Hart Energy.
Read More...Here’s a roundup of the latest E&P headlines, from planned Kolibri wells in Oklahoma to a discovery in the Barents Sea. This post appeared first on Hart Energy.
Read More...Financial markets fell on news that President Donald Trump would enact 25% tariffs on Mexico and Canada and both countries promised to respond. This post appeared first on Hart Energy.
Read More...Valeura Energy Inc. has boosted production after drilling three development wells and two appraisal wells in the Gulf of Thailand. This post appeared first on Hart Energy.
Read More...For the fifth week in a row, the Baker Hughes U.S. rig count added rigs—the first time that has happened since May 2022. Last week, the count added a single new rig for a new total of 593. The national count remained in a tight range of 581-589 for much of last year. We’ve officially…
Read More...The Pennsylvania Department of Environmental Protection (DEP) reports an estimated 300 barrels (12,600 gallons) of brine wastewater leaked at the Diaz Family Shale Gas Drilling Well Pad 2 owned by Coterra Energy, Inc. in Bridgewater Township, Susquehanna County. Unfortunately, some of the fluid escaped containment and seeped into surrounding areas outside the well pad. The…
Read More...The Department of Environmental Protection (DEP) published a notice in the March 1 Pennsylvania Bulletin announcing that the agency has approved an Air Quality Permit for a new cryptocurrency data center in Venango County, PA. Venango is in the northwestern part of the state. The permit was issued to a company we had not previously…
Read More...Wow! Pennsylvania Governor Josh Shapiro is an even bigger bully (and dunce) than we gave him credit for. He’s not only mean and vindictive, he’s energy suicidal. Shapiro is threatening the 12 other states (plus the District of Columbia) that belong to the PJM Interconnection, saying that he may cut them off from 25% of…
Read More...The Democrat Party keeps digging their hole deeper and deeper. How defending corruption and graft and political payoffs will help their cause is a mystery for us. Our diagnosis is the party has had a collective psychotic break with reality. Two months ago, a video circulated on social media featuring a Biden EPA political appointee…
Read More...Futures are up, but extra Haynesville Bcfs are being kept in the ground for now, while operators wait to see the Henry Hub prices. A more than $3.50 strip is required, and as much as $5 is preferred. This post appeared first on Hart Energy.
Read More...As 2024 year-end earnings wrap up, here is a compilation of dividends declared from select upstream and midstream companies. This post appeared first on Hart Energy.
Read More...Stakeholders across the country are calling on President Trump to swiftly sign legislation passed by the House and Senate this week that would repeal the costly federal methane tax. The methane tax, formally known as the Waste Emissions Charge (WEC), was included in the Inflation Reduction Act (IRA) as part of the Methane Emissions Reduction
Read More...