Latest From Hart Energy
Acquisitions & Divestitures, Shale Plays, Liquefied Natural Gas (LNG), DUG Haynesville, Hart Energy Exclusive
Exclusive: Rockcliff CEO on $2.7B TGNR Deal, Value of Haynesville M&A
Rockcliff Energy CEO and President Alan Smith discusses the ups and downs of executing the transaction with TG Natural Resources and what's on the Rockcliff III radar, in this Hart Energy Exclusive interview.
US Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten
Pushing up heavy crude prices are falling oil exports from Mexico, the potential for resumption of sanctions on Venezuelan crude, the imminent startup of a Canadian pipeline and continued output cuts by OPEC+.
US Natgas Prices Hit 5-week High on Rising Feedgas to Freeport LNG, Output Drop
U.S. natural gas futures climbed to a five-week high on April 10 on an increase in feedgas to the Freeport LNG export plant and a drop in output as pipeline maintenance trapped gas in Texas.
From Satellites to Regulators, Everyone is Snooping on Oil, Gas
From methane taxes to an environmental group’s satellite trained on oil and gas emissions, producers face intense scrutiny, even if the watchers aren’t necessarily interested in solving the problem.
Marketed: Rock Oil Holdings Mineral, Royalty Opportunity in Midland Basin
Rock Oil Holdings has retained PetroDivest Advisors for the sale of a mineral and royalty opportunity in Howard County, Midland Basin.
Schneider Electric’s Heather Cykoski: Infused AI is Everywhere
Schneider Electric puts sensors in the technology it provides customers, creating the ability to gather data, predict operations and drive efficiency.
Marketed: Navigation Powder River Eight Leasehold Lots in Wyoming
Navigation Powder River has retained EnergyNet for the sale of eight non-producing federal leasehold lots in Converse and Campbell counties, Wyoming.
APA Shuffles Leadership Following Callon Acquisition
APA CEO John J. Christmann said the changes will structure leadership to better align with the company’s “evolving” business needs.
Sunoco’s $7B Acquisition of NuStar Evades Further FTC Scrutiny
The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Sunoco’s pending acquisition of NuStar Energy has expired, bringing the deal one step closer to completion.
SilverBow Gears Up for Proxy Fight with Kimmeridge
Both SilverBow Resources and Kimmeridge Energy Management have proposed a slate of candidates for the board of directors with a vote set for May 21.
Pitts: Heavyweight Battle Brewing Between US Supermajors in South America
Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.
Turnco Buys Drill Spec Services to Enhance OCTG Capabilities
Turnco said the integration of Drill Spec’s assets will expand its service offerings in West and South Texas.
Enterprise Gains Deepwater Port License for SPOT Offshore Texas
Enterprise Products Partners’ Sea Port Oil Terminal is located approximately 30 nautical miles off Brazoria County, Texas, in 115 ft of water and is capable of loading 2 MMbbl/d of crude oil.
Plus 16 Bcf/d: Power Hungry AI Chips to Amp US NatGas Draw
Top U.S. natural gas producers, including Chesapeake Energy and EQT Corp., anticipate up to 16 Bcf/d more U.S. demand for powering AI-chipped data centers in the coming half-dozen years.
US NatGas Output to Decline in 2024, While Demand Rises to Record High, EIA Says
The EIA projected dry gas production will ease in 2024 as several producers reduce drilling activities.
Betting on the Future: Chevron Technology Ventures’ Investment Strategy
After a quarter century, Chevron Technology Ventures seeks both incremental and breakthrough technologies with its early-stage investment program.
Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas
Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.
Ohio Oil, Appalachia Gas Plays Ripe for Consolidation
With buyers “starved” for top-tier natural gas assets, Appalachia could become a dealmaking hotspot in the coming years. Operators, analysts and investors are also closely watching what comes out of the ground in the Ohio Utica oil fairway.
‘Monster’ Gas: Aethon’s 16,000-foot Dive in Haynesville West
Aethon Energy’s COO described challenges in the far western Haynesville stepout, while other operators opened their books on the latest in the legacy Haynesville at Hart Energy’s DUG GAS+ Conference and Expo in Shreveport, Louisiana.
Exclusive: Sabine CEO says 'Anything's Possible' on Haynesville M&A
Sabine Oil & Gas CEO Carl Isaac said it will be interesting to see what transpires with Chevron’s 72,000-net-acre Haynesville property that the company may sell.
US Coast Guard Gives All Clear After Louisiana Spill Response
A line integrity test confirms that all points are leak-free.
Exclusive: Scepter CEO: Methane Emissions Detection Saves on Cost
Methane emissions detection saves on cost and "can pay for itself," Scepter CEO Phillip Father says in this Hart Energy exclusive interview.
E&P Highlights: April 8, 2024
Here’s a roundup of the latest E&P headlines, including new contract awards and a product launch.
Energy Transfer Asks FERC to Weigh in on Williams Gas Project
Energy Transfer's filing continues the dispute over Williams’ development of the Louisiana Energy Gateway.
PGS Wins 3D Contract Offshore South Atlantic Margin
PGS said a Ramform Titan-class vessel is scheduled to commence mobilization in June.
Squashing Midstream: Lessons Learned as Sector Looks to Horizon
What does the next level look like for the midstream sector?
Chord, Enerplus’ $4B Deal Clears Antitrust Hurdle Amid FTC Scrutiny
Chord Energy and Enerplus Corp.’s $4 billion deal is moving forward as deals by Chesapeake, Exxon Mobil and Chevron experience delays from the Federal Trade Commission’s requests for more information.
Pemex GoM Oil Platform Blaze Leaves One Dead, 13 Injured
A Coter contract worker died from a fire that broke out at Pemex’s Akal-B platform this weekend that also left several others in serious condition, the company said.
What's Affecting Oil Prices This Week? (April 8, 2024)
Stratas Advisors says geopolitics are providing a boost for oil prices as conflicts escalate–and while crude oil and oil products continue to flow, the possibility of disruption is increasing.
TotalEnergies Acquires Eagle Ford Interest, Ups Texas NatGas Production
TotalEnergies’ 20% interest in the Eagle Ford’s Dorado Field will increase its natural gas production in Texas by 50 MMcf/d in 2024.