Petroleum and You: Thanksgiving Day Parade
The post Petroleum and You: Thanksgiving Day Parade appeared first on . This post appeared first on Energy In Depth.
Read More...Prospera Energy Resumes Drilling Program Development
Prospera Energy’s current production is 1,100 boe/d, with 400 boe/d shut in to accommodate development, and another 300 boe/d behind price on minor repairs and optimization. This post appeared first on Hart Energy.
Read More...CGX, Frontera Find Oil with Wei-1 Well Offshore Guyana
Partners have tapped the SIA joint venture to create a conceptual subsea development to produce the oil. This post appeared first on Hart Energy.
Read More...DNO Announces Dividend
DNO’s shares will be traded ex- dividend as of Nov. 16, and payable to on record shareholders by Nov. 17. This post appeared first on Hart Energy.
Read More...New Canada Pipeline Could Leave US Crude Market in the Cold
Owned by the federal government, Trans Mountain is targeting the start-up of the TMX expansion in first-quarter 2024. This post appeared first on Hart Energy.
Read More...Permian Resources Finds ‘Unique Value Prop’ in Small-ball M&A
Permian Resources isn’t ruling out more large-scale M&A after closing a $4.5 billion acquisition earlier this month, but the growing E&P sees multiple opportunities for small-scale bolt-ons in the Delaware Basin. This post appeared first on Hart Energy.
Read More...Exclusive: NOG’s Permian, Partnership Evolution [WATCH]
Northern Oil & Gas’ CEO Nick O’Grady details the companies growth transformation since expanding into the Permian in this Hart Energy LIVE Exclusive Interview. This post appeared first on Hart Energy.
Read More...Commentary: Addition by Subtraction and Other Fuzzy Math Problems
Exxon Mobil’s acquisition of Pioneer Natural Resources diminishes—at least, temporarily—the swagger of U.S. independents. This post appeared first on Hart Energy.
Read More...Exxon Mobil Completes $1.26B Purchase of FPSO Liza Unity
The purchase allows Exxon Mobil Guyana Ltd. to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO until 2033. This post appeared first on Hart Energy.
Read More...Sitio Royalties to Exit Appalachia, Anadarko Basins
Sitio Royalties reported that it was selling its “lower-margin” assets in the Appalachia and Anadarko basins and also closed additional Permian Basin acquisitions. This post appeared first on Hart Energy.
Read More...EOG Uses Permian Completion Design on Utica Test Wells
In 2020, EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), sold all of its Marcellus assets, which were located in Bradford County, PA, to Tilden Resources for $130 million (see EOG Resources Sells Marcellus Assets for $130M, Exits Basin). EOG left the M-U…
Read More...Ascent Resources Reports Slip in Production & Profits in Utica
Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. The company issued its third quarter 2023 update yesterday….
Read More...Civil War Erupts in PA Enviro Movement re Gov. Shapiro Deal with CNX
Last Friday, MDN brought you the news that CNX Resources CEO Nick DeIuliis had signed a voluntary deal with Pennsylvania Gov. Josh Shapiro to expand drilling setbacks and several other regulatory steps not mandated for shale drillers under PA law (see CNX Signs Deal with PA Gov. to Increase Setbacks, Other Changes). Shapiro’s office front-loaded…
Read More...Pieridae Gives Up on Plan to Build Goldboro LNG in Nova Scotia
The ignominious end of an era. For a full ten years, MDN has covered the story of Canadian company Pieridae Energy and its quest to build the Goldboro LNG export project in Nova Scotia, using Marcellus/Utica molecules to feed it (see our extensive list of Pieridae stories here). Yesterday, Pieridae issued its third quarter update….
Read More...Calling Out Venture Global LNG for Farce It’s Not Commercially Ready
Venture Global’s Calcasieu Pass LNG export facility recently received Federal Energy Regulatory Committee (FERC) authorization to place the final three liquefaction blocks (7-9) into service (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for 18 months but are not officially in commercial service, even…
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