Chevron CEO Mike Wirth came to Gastech Houston 2024 with a plea for a more balanced energy conversation—shortly before laying into President Joe Biden for vilifying natural gas and playing politics with LNG permits.. Wirth extolled the virtues of natural gas for its ability to reduce emissions. Citing U.S. Energy Information Administration data, McKinsey & Co.
The bad old days of minerals and royalties buying was like navigating a massive and ugly spaghetti junction of benches, basins and plays. Where to buy and when—timing the drill bit was crucial—could make or break oil and gas mineral return on investments (ROIs).
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The northern Midland Basin is home to a mix of private and public producers, including SM Energy, HighPeak Energy, Surge Energy and Birch Operations. (Source: Rextag data) There are also several public E&Ps that have grown through Permian acquisitions in recent years that could become targets for acquisition themselves.
The Denver-based E&P has retained Eagle River Energy Advisors LLC to market a portion of its operated, oil-weighted legacy assets in Andrews and Martin counties, Texas. The opportunity, for wellbore-only interests, includes 79 vertical wellbores—18 in Andrews County and 61 in Martin County, according to Eagle River''s marketing materials.
Jaxon Caines, technology reporter, Hart Energy: I''m Jaxon Caines with Hart energy. I''m here at Gastech 2024 in Houston, Texas. I''m here with Nathan Snoke, global account manager for hydrogen and new energies at Halliburton. And we''re here to talk about hydrogen. So to start things off, Nathan, what are some of the biggest trends that you''ve
The Waha Hub natural gas spot price in the Permian Basin traded below $0.50 per MMBtu on March 14, an executive for Enterprise Products Partners (EPD) said at an industry lunch later in the day.. At 9 a.m., Andrew Fletcher, KeyBank National Association senior vice president for commodity derivatives, wrote in an email that Waha 2024 bids were at negative
Le chef de l''Etat, Faure Essozimna Gnassingbé, a présidé, lundi à Lomé II, une cérémonie de signature d''accord de production d''électricité à base de microréacteurs nucléaires entre le
The Well-Safe Protector will decommission five wells for Spirit Energy on the York platform, located in Block 47/03a of the Southern North Sea over 97 days. Work for the contract will begin in second-quarter 2025 and will be performed in conjunction with the Protector''s current contract. Two optional subsea wells are to be decommissioned in
No other operators are going longer in U.S. shale than Exxon Mobil and EOG Resources.. Exxon and EOG led the nation in U.S. land footage drilled during the first quarter, with more than a combined 8.23 million feet drilled onshore between the two producers, according to an analysis by Enverus Intelligence Research.. At roughly 1,562 miles drilled, that''s the
The current energy landscape in Mexico does not serve that purpose," Adrian Duhalt, a non-resident scholar at the Center for the U.S. and Mexico at the Baker Institute told MB. For Ricardo Falcón, Wood Mackenzie research manager, natural gas markets - commodity trading data & analytics, there is room for a U.S. piped-gas-to-Mexico-based
On the East Coast, Empire Diversified Energy is also planning to use pyrolysis to transform RNG into hydrogen as one of the projects selected for the Appalachian Regional Clean Hydrogen Hub (ARCH2). Working with Heartland Water Technology, Empire plans to produce hydrogen from anaerobically digested food waste at a facility in Follansbee, West
Hart Energy at 50: How We''ve Grown. Founded in 1973 with a Rockies-focused magazine and a directory, Hart Energy today is the go-to source of internationally recognized print, digital, in-person conference, mapping and databases of market intelligence for
"Solar energy paired with battery energy storage will be critical to the reliable delivery of power as the demand for electricity grows," said David Hardy, executive vice president and CEO of Region Americas, at Ørsted. With the solar farm''s startup, Ørsted lifted its onshore renewables in operation globally to 5.6 GW.
HARTL ENERGY GMBH is an Austrian company dedicated to the development, production and international sale of renewable energy concepts for the construction industry. With more than 85 years of history, Dominik and Alexander Hartl are now leading the company into a new era, in which experience of the construction industry is combined with
Artificial intelligence (AI) is often synonymous in the public lexicon with lost jobs and replaced humans. But industry experts at Hart Energy''s Executive Oil Conference & Expo (EOC) say there''s no reason to worry. AI is simply here to be a tool. AI is "not a replacement for what we do. We
The bad old days of minerals and royalties buying was like navigating a massive and ugly spaghetti junction of benches, basins and plays. Where to buy and when—timing the drill bit was crucial—could make or break
(Source: Hart Energy) Hart Energy''s legacy editorial content also experienced major changes. Steve Toon, who succeeded Leslie Haines as editor-in-chief of Oil and Gas Investor, died suddenly in late 2021. Just four months later, Haines passed after a long illness. Steve Toon, OGI Editor-In-Chief from 2016 to 2021. (Source: Hart Energy)
Helmerich & Payne President and CEO John Lindsay put the company''s July 25 deal for the U.K.''s KCA Deutag in perspective, saying the $1.97 billion acquisition was akin to making a deal in the epicenter of the shale universe. "We have often said, if you want to be big in the U.S., you have to be in the Permian, and if you want to be big globally, you have to be in
Two years before basin consolidation swept across the Lower 48 with mergers including Diamondback Energy and Endeavor Natural Resources, Chesapeake Energy and Southwestern Energy, and a record-setting list of basin-specific asset deals, leadership at Cimarex Energy and Cabot Oil & Gas were looking for more than oil and gas scale.. They
Clear Fork. Clear Fork has drilled conventional, shallow sands and limestones on the Eastern Shelf for decades. In late 2012, the company was producing around 1,000 bbl/d, watching as Permian shale players started to apply unconventional drilling techniques to the conventional reservoirs on the Shelf.. But it was the company''s horizontal Strawn wells—the
Analytical firm RBN Energy recently published a study that projected a fizzle could happen with the power demands for AI. Focusing on the Northeast, the firm found that growing supplies of renewable energy in the region could dampen the explosion in gas-generated demand before it happens. Renewable energy growth continues to trend upward
Chevron CEO Mike Wirth came to Gastech Houston 2024 with a plea for a more balanced energy conversation—shortly before laying into President Joe Biden for vilifying natural gas and playing politics with LNG
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2024-09-24 - VTX Energy''s founder was previously among the leadership that built and sold an adjacent southern Delaware operator, Brigham Resources, for $2.6 billion. US Drillers Cut Oil, Gas Rigs for Third Week in a Row. 2024-10-04 - The oil and gas rig count fell by two to 585 in the week to Oct. 4.
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