Crude Oil

Targa Pipeline Helps Spark US NGL Production High in 2024

Analysts said Targa Resources’ Daytona line released a Permian Basin bottleneck as NGLs continued to grow.

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Shale Plays

Aethon Dishes on Western Haynesville Costs as Gas Output Roars On

Aethon Energy’s western Haynesville gas wells produced nearly 34 Bcf in the first 11 months of 2024, according to the latest Texas Railroad Commission data.

IPO

Venture Global LNG Pares IPO Hopes by 15% to $2.2B

LNG exporter Venture Global nearly halved the price per share, while increasing the number of shares it expects to offer.

Power Generation/Powergen

Winter Storm Snarls Gulf Coast LNG Traffic, Boosts NatGas Use

A winter storm along the Gulf Coast had ERCOT under strain and ports waiting out freezing temperatures before reopening.

Drilling

Halliburton Sees Strong Adoption of New Oilfield Tech Offerings

Halliburton Co.’s Zeus e-fracs, Octiv auto-fracs and the Sensori monitoring platform are setting the stage for long-term growth, CEO Jeff Miller says.

Solar

Solar, Clean Energy Face Headwinds Amid Post-Election Uncertainty

With a new Trump administration taking charge, renewable energy, including solar, may face headwinds that stagnate project development or continue it at a slower pace, analysts say.

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Oil and Gas Investor Magazine

Classic Rock, New Wells: Permian Conventional Zones Gain Momentum

Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.

Pickering Prognosticates 2025 Political Winds and Shale M&A