Sandy
Segrist
Hart Energy
KC Fed Survey: NatGas to Rise, but Not Enough for Profitability
The Kansas City Federal Reserve Bank’s energy survey saw activity decline in the second quarter as producers look to the back half of 2024 for natural gas prices to improve—but not enough to turn a profit.
Same Game, Fewer Players: Midstream M&A Stands Apart from E&P Sector
The midstream M&A market typically follows the E&P sector by a few months. But some aspects of the market are different this time around.
Freeport LNG in Texas on Track to Take in NatGas Again After Hurricane Beryl
Since Freeport shut, U.S. gas futures have declined to a two-month low.
NatGas A&D Warms Up as BKV Sells Marcellus Assets for $132MM
Natural gas M&A may be heating up as Barnett Shale-focused E&P BKV Corp. sold interests in gassy northeast Pennsylvania properties for nearly $132 million, according to regulatory filings.
Permian Gets Gas Relief as ADCC Pipeline Begins Commercial Service
The ADCC Pipeline will source volumes from the Permian Basin, Eagle Ford Shale and Texas Gulf Coast for transport to Cheniere’s Corpus Christi LNG facility.
US NatGas Prices Rise More Than 2% on Hot-weather Forecasts
U.S. natural gas futures rose more than 2% on July 12 after touching their lowest in close to two-months earlier.
US Power Generators Burn Record Amounts of NatGas on Hottest Day of Summer so Far
As homes and businesses cranked up their air conditioners to escape the brutal heat this week, LSEG said power generators burned a record amount of gas on July 9.
CNOOC’s Bohai Bay Well Achieves High Yield
CNOOC’s Bozhong 19-6 Condensate Gas Field D1 well, the first ultra-deep well in China’s Bohai Bay, is currently producing approximately 6,300 boe/d.
Over 1 Million in Texas Without Power, Freeport LNG Restart Pending After Beryl
The slow restoration of power continues hindering some companies' efforts to quickly return operations to normal, especially around Freeport, one of Texas' largest energy hubs.
Come Together: California Resources, Aera Merge for Scale, Drilling Runway
California Resources Corp. closed an acquisition of Aera Energy to become California’s top oil and gas producer. Now, CRC President and CEO Francisco Leon wants to grow from a one-rig to an eight-rig drilling program—but faces stiff pushback from regulators and environmental advocates in the Golden State.