Latest From Hart Energy
Marketed: Stone Hill Minerals Holdings Mineral & Royalty Package in Pennsylvania
Stone Hill Minerals Holdings LLC has retained EnergyNet for the sale of a mineral and royalty 99 well package in Susquehanna and Greene counties, Pennsylvania.
Future Permian Gas Pipeline May Have a Difficult Route to Follow
Kinetik Midstream’s CEO Jamie Welch sees more expensive and longer pipeline paths causing complications for midstream companies.
Randolph Bell Joins JERA Americas as VP of Government, Regulatory Affairs
Randolph Bell will lead government engagement teams for JERA Americas at the local, state and federal level while focusing on energy markets.
Berntsen Joins Xcel as Executive VP, Chief Legal and Compliance Officer
Rob Berntsen is assuming the role from Amanda Rome, who had been in the position on an interim basis.
Riley Permian Increases Stake in West Texas Power JV with Conduit
Riley Exploration Permian increased its ownership in RPC Power, a JV with Conduit Power, to 50% from 35% and has agreed to sell up to 10 MMcf/d of natural gas as feedstock supply for the generation facilities as RPC plans to sell to ERCOT.
Kimmeridge Exits SilverBow Proxy Fight, Takes Credit for $2.1B Crescent Deal
Kimmeridge will withdraw from a proxy fight with SilverBow Resources in light of a $2.1 billion offer by Crescent Energy for the Eagle Ford Shale E&P.
IndustryVoice: Navigating the Stages of Technology Adoption in Emissions Management
Explore the emotional and operational journey of adopting Continuous Monitoring (CM) technology in emissions management through seven stages: Shock, Denial, Anger, Bargaining, Depression, Testing, and Acceptance. This article outlines the progression from initial skepticism to recognizing CM technology as a key facilitator for effective and efficient emissions management.
Belcher: Brace for Onslaught of New Biden Regulations
A slew of rulemakings, executive orders and policy decisions affecting energy are headed this way.
Wintershall Adopts Halliburton Landmark’s UEM Subsurface Tool
Wintershall Dea is looking to implement the Unified Ensemble Modeling solution in its drilling campaign at the Maria Field in the Norwegian Sea in 2025, allowing real-time static and dynamic data.
Kinder Morgan Buys Texas Oilfield in Carbon-tax Play, Sources Say
Kinder Morgan's purchase of Avad Energy Partners' assets in West Texas shows how the U.S. Inflation Reduction Act's $60 per metric ton tax credit for carbon sequestration is spurring oil and gas deals.
Imperial’s Project to Lower Oil Sands Emissions Begins Production
Imperial Oil, majority owned by Exxon Mobil, is deploying a new recovery technology at its Grand Rapids oil sands project in an effort to drastically reduce emissions by 2030.
Piñon Midstream Increases Delaware Basin Sour Gas Treating Capacity
Piñon Midstream plans to expand operations at Lea County, New Mexico, facility, the company said.
Developer Seeks Permit to Send US Gas to Mexico for LNG Exports
The project is the latest in a series of developments to convert U.S. gas into LNG and export it from Mexico's Atlantic and Pacific coasts to meet global demand.
Big Demand Means Big Challenges Ahead for Power Sector
Natural gas could help meet demand, but a new EPA rule requiring CO2 emissions from power plants to be reduced by 90% could limit fossil fuels’ role.
Texas' ERCOT Power Needs to Nearly Double Over Next Six Years
As coal plants retire in Texas, natural gas will carry more of the Lone Star State’s energy load, said Kristi Hobbs, ERCOT’s vice president for system planning and weatherization.
Marketed: Legacy Income Five Well Package in New Mexico, Texas Counties
Legacy Income Fund I has retained EnergyNet for the sale of a five well package in Lea County, New Mexico and Loving County, Texas.
Marketed: Mineral, Royalty Interests in Permian, Powder River Basins
A private seller has retained Detring Energy Advisors for the sale of its mineral and royalty interests in the Permian and Powder River basins.
Chevron-Hess Deal: To Vote or Not to Vote, That is the Question
A Hess Corp. proxy vote related to the company’s proposed $53 billion all-stock merger with Chevron Corp. has divided shareholders ahead of a May 28 deadline.
Private Equity, Acquisitions & Divestitures, ESG, Artificial Intelligence, Machine Learning, Super DUG, Hart Energy Exclusive
Quantum’s Wil VanLoh on Turning ESG into E$G
Wil VanLoh, founder and CEO of Quantum Energy Partners said private companies need to change their mindset on ESG because they’re building a product to sell to public companies — and may be missing out on cost savings.
Top US Natural Gas Producer Chesapeake Energy Cuts Jobs
This week's layoffs follow its divestment of its Eagle Ford assets, not the company's pending merger with Southwestern Energy, Chesapeake said.
3R, Enauta Merge to Create Large Brazilian Independent
3R Petroleum Óleo e Gás SA and Enauta Participações SA will combine into a new entity with production that exceeds 100,000 boe/d and compete head-to-head with Brazilian producer Prio, according to Wood Mackenzie.
Trans Mountain Pipeline Begins Work
The first oil cargo tanker, Suncor’s Dubai Angel, will load at the expanded Trans Mountain Pipeline’s crude terminus in Vancouver.
TotalEnergies Makes FID on Kaminho Deepwater Project
TotalEnergies, in partnership with Petronas and Sonangol, said production is expected to begin in 2028 and reach a plateau of 70,000 bbl/d of oil.
US to Close Northeast Gasoline Reserve with 1 MMbbl Sale
The Biden administration will sell nearly 1 MMbbl of gasoline in the U.S. managed stockpile in northeastern states as required by law, the Department of Energy said on May 21, effectively closing the reserve.
WildFire Energy I Buys Apache’s Eagle Ford, Austin Chalk Assets
Private producer WildFire Energy I, backed by Warburg Pincus and Kayne Anderson, scooped up Apache’s portfolio in the eastern Eagle Ford and Austin Chalk plays.
Phillips 66 to Acquire Pinnacle Midstream for $550MM
Phillips 66 said the deal to acquire Pinnacle Midstream was a strategic move to expand its natural gas gathering and processing assets in the Midland Basin.
Supreme Court Passes on MVP Appeal Challenging FERC’s Authority
The Supreme Court declined to take up a lawsuit against the Mountain Valley Pipeline, the latest in a series of legal maneuverings over a case filed by opponents of the pipeline.
Kimbell Royalty's Board Member Ben Fortson Passes Away
Ben Fortson had more than 60 years of experience in the oil and gas industry and was with Kimbell Royalty Partners from its IPO in 2017 into 2024.
CCS/CCUS, Emissions, Exploration & Production, Offshore Technology Conference (OTC), Hart Energy Exclusive
Exclusive: How Baker Hughes is Cracking Down on Oil, Gas Emissions
Baker Hughes' senior vice president of strategy and technologies, Attilio Pisoni, addresses the oil and gas industry's responsibility in reducing its carbon footprint and gives an overview on the company's sustainability operations in this Hart Energy Exclusive interview.
Firm Building QatarEnergy-Exxon LNG Plant in Texas Files for Bankruptcy
Exxon, which owns a 30% stake in the project, plans "to continue to fully support Golden Pass LNG through completion," a spokesperson for the company said.