This is your Hart Energy A&D Minute with Jordan Soto and powered by Hart Energy's Gulf of Mexico Energy Transformation Conference.
Crescent Point Energy has officially plowed $1 billion into the Duvernay Formation. After signing its third deal since 2021, Tudor, Pickering, Holt & Co. analyst Matt Murphy said the Canadian company’s newest bolt-on locks in “north of 20 years” of inventory, along with pipelines and other goodies. Check it out here.
Some big names are teaming up to explore geothermal power from abandoned oil and gas wells. Baker Hughes, Chesapeake, Continental Resources and INPEX announced the partnership on Dec. 8. Where are they starting their efforts? Read about it here.
The Permian Basin is so hot, even coal companies want in. Alliance Resource Partners LP said in November it had closed on about 4,300 royalty acres in the Midland and Delaware basins for nearly $100 million. Check out the sellers and more here.
That’s your Hart Energy A&D Minute powered by Hart Energy's inaugural Gulf of Mexico Energy Transformation Conference on Feb. 21, 2023, in Houston.
Also, watch new A&D Minute episodes every Wednesday, and don’t forget to sign up for our A&D Watch newsletter at HartEnergy.com/newsletters/ad-watch.
Recommended Reading
API’s Multi-Pronged Approach to Lower Carbon Operations
2025-01-28 - API has published nearly 100 standards addressing environmental performance and emissions reduction, which are constantly reviewed to support low carbon operations without compromising U.S. energy security.
Energy Transition in Motion (Week of Feb. 21, 2025)
2025-02-21 - Here is a look at some of this week’s renewable energy news, including a record for community solar capacity in the U.S.
Energy Transition in Motion (Week of Jan. 17, 2025)
2025-01-17 - Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
Baker Hughes CEO: Expect ‘Volatility, Noise’ Around Energy Transition
2025-03-12 - Baker Hughes and Linde executives spoke about lower carbon resources such as hydrogen and geothermal, which will be part of the energy mix but unlikely to displace natural gas.
Lightsource BP Completes 187-MW Texas Solar Project
2025-01-27 - Lightsource BP’s Peacock Solar project, in San Patricio County, Texas, aims to provide power to an Exxon Mobil and Saudi Basic Industries JV’s nearby manufacturing facility.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.