Tokyo Gas to Buy Rockcliff Energy’s Haynesville Assets for $2.7B
Tokyo Gas said acquiring Rockcliff would jumpstart its U.S. production volumes from approximately 330 MMcf/d to 1,300 MMcf/d. This post appeared first on Hart Energy.
Read More...It’s Final: Only 3 Oil, Gas Lease Sales Set for GoM in New Program
The Biden administration’s new five-year plan phases down oil and gas leasing in the Gulf of Mexico. This post appeared first on Hart Energy.
Read More...Warren Buffett Adds Another $588MM in Occidental Stock
Warren Buffett’s Berkshire Hathaway purchased about 10.5 million shares of Occidental Petroleum stock this week as the company announced a deal to purchase a Midland Basin E&P for $12 billion. This post appeared first on Hart Energy.
Read More...Five Finance Issues to Watch in 2024
Besides consolidation, high yield bond debt refinancing and fossil fuel divestment legislation in California should be on your radar. This post appeared first on Hart Energy.
Read More...Cenovus Energy Announces 2024 Investment Budget
Cenovus’ West White Rose project and Christina Lake projects are expected to be major revenue generators in 2024. This post appeared first on Hart Energy.
Read More...Halliburton Labs Welcomes Seven New Companies
The startups were selected during Halliburton’s Finalist Pitch Day earlier this year. This post appeared first on Hart Energy.
Read More...APA Declares Cash Dividend on Common Shares
APA Corp.’s dividend is payable on Feb. 22, 2024 to stockholders on record by Jan. 22, 2024. This post appeared first on Hart Energy.
Read More...Energy Transition in Motion (Week of Dec. 15, 2023)
Here is a look at some of this week’s renewable energy news, including approval of wind farms in Louisiana state waters in the Gulf of Mexico. This post appeared first on Hart Energy.
Read More...US Drillers Cut Oil, Gas Rigs for First Time in Five Weeks
The oil and gas rig count, an early indicator of future output, fell by three to 623 in the week to Dec. 15. This post appeared first on Hart Energy.
Read More...Welligence: Healthy Interest in Brazil’s Latest Bid Rounds
A record number of blocks sold in the latest Brazilian bid round, ANP says. This post appeared first on Hart Energy.
Read More...27 New Shale Well Permits Issued for PA-OH-WV Dec 4 – 10
New shale permits issued for Dec 4 – 10 in the Marcellus/Utica were up by 2 over the previous week. There were 27 new permits issued last week versus 25 issued two weeks ago. However, there was a major surprise! Last week’s permit tally included 8 new permits in Pennsylvania, 9 new permits in Ohio,…
Read More...Ohio Oil & Gas Commission to Decide Fate of 3 K&H Injection Wells
The Ohio Dept. of Natural Resources (ODNR) “temporarily” suspended the operations of four fracking waste injection wells in Athens County in September (see ODNR Temporarily Shuts Down 4 Injection Wells in Athens County). ODNR said the wells presented an “imminent danger” to health and the environment. The Ohio Oil and Gas Commission heard two days…
Read More...Tenaska Discusses Plans for CO2 Injection Wells in WV, OH, PA
Yesterday, representatives from Tenaska gave a presentation to the Hancock County (WV) Commission detailing the company’s plans to drill carbon dioxide (CO2) injection wells in West Virginia, Ohio, and Pennsylvania. The company anticipates drilling seven CO2 injection wells/sites in WV, 12 wells/sites in OH, and three wells/sites in PA. Tenaska has established an office in…
Read More...Silver Point Capital Completes Sale of 550,000 Shares of Gulfport
Earlier this week MDN told you that two of Gulfport Energy’s major investors were conducting a sale of what amounts to 3.5% of the company’s stock (see 2 Gulfport Energy Shareholders Selling 3.5% of Company Stock). One of the investors selling is Silver Point Capital L.P., which owns some 10% of Gulfport’s stock (and has…
Read More...PA Has 2 Years to Update Methane Regs Following Biden EPA Edict
EPA Administrator Michael Regan used a considerable amount of fossil energy and emitted billows of carbon dioxide to jet over to Dubai to participate in the COP28 confab. At that event, Regan released his agency’s latest attempt to illegally regulate the oil and gas industry (see Bidenistas Unleash Hellscape of U.S. Methane Regs at COP28)….
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