The most effective and economically beneficial way to reduce flaring is through the construction of new pipelines to ship associated natural gas to market – a fact that received unanimous agreement during a recent panel discussion on the Permian Basin hosted by Rice University’s Baker Institute. The panelists – which included Rystad Energy’s Mike McCormick,
Read More...The U.S. Shale Revolution has transformed the energy landscape domestically and among our trading partners. In the United States, the robust growth of affordable natural gas has translated into energy security, job growth, and environmental benefits. Thanks to abundant natural gas reservoirs, the United States has become a net gas exporter while drastically reducing its
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Anti-Fracking Crusade Running Out of Gas? Dan Markind does an election overview with respect to states where fracking has been an
Read More...Devon Energy has completed on its $830 million sale of its Barnett Shale assets in North Texas to a subsidiary of Banpu Kalnin Ventures, Kallanish Energy reports. The deal marks Devon Energy’s exit from the Barnett Shale. The deal was signed with BKV Barnett LLC. The transaction had been announced last December and was revised last
Read More...Palladium Energy LLC and Inverdale Energy Partners have formed a joint venture to develop 500 megawatts of utility-scale solar and solar storage across the United States, Kallanish Energy reports. That is the initial development portfolio. The JV is known as Palladium Energy Development LLC. The companies did not detail plans for the initial solar development. “This
Read More...Not only is West Texas and Southeast New Mexico home to the world’s highest producing oilfield, but the prolific Permian Basin production is enabling the region to have one of the fastest growing economies in the country, according to a recently released Permian Strategic Partnership (PSP) report. According to the PSP report, Permian oil and
Read More...Construction is expected to begin in late fall 2020 on a new wind farm in north-central Oklahoma, Kallanish Energy has learned. The 288-megawatt Maverick Wind Center will be built by Invenergy LLC, officials told the Enid News and Eagle newspaper. The $402 million facility in Major County is expected to begin service in December 2021.
Read More...The U.S. Bureau of Land Management has opened a public comment period for a proposed conveyor system on public lands to move sand for hydraulic fracturing (fracking) in the Permian Basin of West Texas and New Mexico, Kallanish Energy reports. The Kermit Overland Conveyor Project is being developed by Texas-based OLC Kermit LLC, a subsidiary of
Read More...CMS Energy has announced that it has purchased a majority stake in a 525-megawatt wind project in West Texas, Kallanish Energy reports. Aviator Wind in Coke County near Abilene will be operated by CMS Enterprises, a subsidiary of Michigan-based CMS Energy. It purchased the majority stake from funds managed by Ares Management Corp.’s Infrastructure and
Read More...The need for new infrastructure and the importance of American energy were the key messages during President Donald Trump’s speech during his visit to Midland-Odessa, the de facto capital of the Permian Basin. The president was in the world’s largest oilfield to tour an oil rig and speak to constituents about the importance of the
Read More...On Thursday, an intermediate appellate court in Texas reluctantly denied a petition filed by ExxonMobil that sought pre-suit discovery of attorney Matt Pawa and the California municipalities bringing public nuisance lawsuits against the company for the alleged damages caused by climate change. Although the Second Court of Appeals in Fort Worth ultimately dismissed the petition,
Read More...Last week, the Federal Energy Regulatory Commission issued a decisive blow to environmental activists by denying their motion to intervene in the approval process of the Double E Pipeline. The decision comes on the heels of a coordinated campaign to stop the construction of infrastructure across the country, amidst the COVID-19 pandemic. FERC first issued
Read More...U.S. solar industry jobs have jumped 167% in the last decade, from just over 93,000 jobs in 2010, to 249,983 jobs in 2019, according to the 10th annual “National Solar Jobs Census,” Kallanish Energy reports. The latest census, produced yearly by the nonprofit The Solar Foundation, found last year’s nearly 250,000-worker total was an increase
Read More...Flaring intensity in Texas is well below the historic highs of the 1950s and much lower than other nations around the world, according to a new Texas Railroad Commission report. As Commissioner Ryan Sitton, author of the report, explained: “Currently, Texas flaring levels – and flaring intensity – are notably lower than the rest of
Read More...Since the Endangered Species Act (ESA) was first introduced in 1973, environmental activist groups – like the Sierra Club and Center for Biological Diversity – have exploited the ESA as a tool to block infrastructure development and further an anti-fossil fuel agenda. In reality, these actions add burdensome costs to federal agencies that cut into
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