In early October, Infinity Natural Resources (INR), with 90,000 acres in the Marcellus/Utica, filed an IPO with the Securities and Exchange Commission (SEC), hoping to raise $100 million (see M-U Driller Infinity Natural Resources Files for $100 Million IPO). We haven’t written much about INR, a company founded in 2017 and headquartered in Morgantown, WV,…
Read More...As we’ve stated many times, we’re not fans of so-called “net zero.” Net zero emissions refer to balancing the amount of greenhouse gases (GHG) emitted into the atmosphere with an equivalent amount of GHG removed, resulting in no net increase in atmospheric GHG concentrations. Scope 1 and 2 emissions are part of the broader framework…
Read More...The volume of natural gas flowing to U.S. LNG export facilities on Friday was on track to hit 14.6 billion cubic feet (Bcf), just shy of the all-time high of 14.7 Bcf recorded one year ago, in December 2023. The reason for the near-record high is that all LNG export facilities, including the up down…
Read More...With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play. This post appeared first on Hart Energy.
Read More...Panel: The pool of financial companies catering to oil and gas companies has shrunk along with the number of E&Ps. This post appeared first on Hart Energy.
Read More...Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play. This post appeared first on Hart Energy.
Read More...From methane regulations and the LNG pause to scuttling environmental justice considerations, President-elect Donald Trump is likely to roll back Biden era energy policies, said Stephanie Noble, partner at Vinson & Elkins. This post appeared first on Hart Energy.
Read More...Kinder Morgan’s Texas-Louisiana upgrade will add 467 MMcf/d in natural gas capacity. This post appeared first on Hart Energy.
Read More...First Helium Inc. has identified 10 other sites in the Leduc formation. This post appeared first on Hart Energy.
Read More...In addition to its joint venture with Logan Energy Corp., Gran Tierra Energy Inc. also announced a seventh successful discovery well in Ecuador. This post appeared first on Hart Energy.
Read More...Artificial intelligence, including the need for more data centers to power them, is expected to increase the domestic demand for natural gas. But the oil and gas industry also is poised to benefit much more from the use of generative AI (GenAI) to boost its own efficiencies. This post appeared first on Hart Energy.
Read More...Valeura Energy has seen aggregate oil production of 10,000 bbl/d in its offshore Gulf of Thailand development over a seven-day period. This post appeared first on Hart Energy.
Read More...We don’t begin to get excited about the price of natural gas unless and until it’s above $3/MMBtu and it stays there for a while. We’re there. Yesterday, the “front month” contract for NYMEX Henry Hub natural gas closed up 6.2 cents (1.8%) at $3.43/MMBtu. Over the past two days, the price closed up 30.2…
Read More...Ravi Srivastava The hits continue to roll in from Hart Energy’s DUG Appalachia event held in Pittsburgh earlier this month (two days after the election). Jordan Blum, editorial director for Hart, did a sit-down interview with Ravi Srivastava, president of new technologies for CNX Resources. The conversation was ostensibly about the important role of data…
Read More...Miami LNG (click for larger version) We’ve talked plenty about the big LNG export facilities scattered along the Gulf Coast that export a fair amount of Marcellus/Utica molecules (and the two LNG export sites on the East Coast, both of which export 100% M-U molecules). We now and again talk about some of the smaller…
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