EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), owns nearly a half million acres of leases in the Ohio Utica. EOG calls its position the “Ohio Utica combo play” and now considers it one of the company’s “premium plays.” EOG concentrates on oil…
Read More...We’ve written a number of times about the Ohio Utica Shale and its beginnings with gas legend Aubrey McClendon, who, as CEO of Chesapeake Energy, was one of (if not THE) first to recognize the Utica as an oil play. However, it was a successor company, Encino Energy, that figured out how to coax large…
Read More...On November 8, 2024, FMR LLC, also known as Fidelity Investments, acquired 52,419 additional shares of Range Resources Corp. (RRC)—the very first and still one of the largest drillers in the Marcellus Shale. The acquisition increased FMR’s total holdings in the company to 27,478,205 shares, reflecting a significant commitment to Range. FMR is one of…
Read More...The upcoming COP29 summit is to be hosted in Azerbaijan this year. There will likely be delegates from more than 200 countries to be present in Baku, the country’s capital for this summit. It is in session as of November 11 and is expected to last until the 22nd of this month. This year, the
Read More...Following the coin’s listing, the HappyCat price surged above 30% in less than 48 hours. The HappyCat is a meme coin recently launched in the market. Since its launch, the meme coin has garnered a lot of positive attention in the crypto community. The coin is based on a famous happy cat meme, that is
Read More...Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application. This post appeared first on Hart Energy.
Read More...alkaLi, a spin-out of water treatment company Gradiant, said its EC2 technology is guaranteed to achieve over 95% lithium recovery for battery-grade conversion. This post appeared first on Hart Energy.
Read More...Energy policy influencer and founder of wildcatter Continental Resources Harold Hamm told Hart Energy that North Dakota Gov. Doug Burgum is also on his short list. This post appeared first on Hart Energy.
Read More...WhiteHawk Energy’s move follows months of unsuccessful attempts to engage PHX Mineral’s leadership, including a previous stock-for-stock merger proposal in August 2023. This post appeared first on Hart Energy.
Read More...Companies violating the new Environmental Protection Agency rules will start paying penalties next year based on methane emissions reported in calendar year 2024. This post appeared first on Hart Energy.
Read More...Late Friday evening the California Air Resources Board (CARB) approved new amendments to the Low Carbon Fuel Standard (LCFS), likely sending gas prices in California, Arizona, and Nevada higher beginning next year. California’s LCFS program was established in 2011, ostensibly to reduce emissions from transportation. However, the new amendments – , which target a 30
Read More...Three weeks ago, Pennsylvania’s rig count dropped to just 12 rigs, the lowest that state has operated in the last 17 years (see PA Drops Another Rig to 17-Year Low; National Rig Count Even @ 585). Two weeks ago, PA picked up a rig, returning to 13 active rigs. Last week, Baker Hughes reported PA…
Read More...In August, MDN brought you up to speed on a lawsuit filed by several West Virginia landowners (turned into a class action) against Diversified Energy and EQT over EQT’s sale of 11,350 conventional wells and 2.5 million acres of leases spread across several states, including West Virginia (see WV Landowner Lawsuit Against EQT, Diversified re…
Read More...National Fuel Gas Company (NFG), headquartered in Buffalo, NY, is the parent company for Marcellus/Utica driller Seneca Resources and the parent of midstream company NFG Midstream (and subsidiary Empire Pipeline). Last week, NFG issued its latest quarterly update. During the quarter (considered the company’s fourth quarter), Seneca produced 91.9 Bcf (billion cubic feet) of natural…
Read More...In May, MDN told you that several Republican Pennsylvania State Senators were planning to introduce a bill to cut off millions of dollars in impact fee revenues to municipalities that set protective standards on the development of natural gas that “imposes a standard or condition on well development that conflicts with or exceeds those contained”…
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