Charif Souki Plans Third US NatGas Venture, Including E&P Team
Charif Souki, co-founder of the Lower 48’s first and largest LNG exporter, has his sights set on a third natural gas venture after his exit from Tellurian Inc.
March 25, 2025
How DeepSeek Made Jevons Trend Again
As tech and energy investors began scrambling to revise stock valuations after the news broke, Microsoft Corp.’s CEO called it before markets open: “Jevons paradox strikes again!”
March 21, 2025
Sheffield: There are More US Oil Plays E&Ps ‘Need to Go After’
They may not be another horizontal Wolfcamp or Bone Springs play with tens of billions of barrels, but there’s more onshore E&Ps should explore, former Pioneer Natural Resources CEO Scott Sheffield told Hart Energy at the recent CERAWeek by S&P Global conference.
March 17, 2025
EOG Ramps Gassy Dorado, Oily Utica, Slows Delaware, Eagle Ford D&C
EOG Resources will scale back on Delaware Basin and Eagle Ford drilling and completions in 2025.
March 16, 2025
Trump Tariffs: Canada Looks East, West in Lieu of Exporting to US
“Don't be surprised if you see a lot of [Canadian] trade missions moving beyond North America,” an Ontario official said in a panel discussion on tariffs at CERAWeek by S&P Global.
March 13, 2025
Exclusive: Sheffield Says FTC Could Rescind His, John Hess’ Bans
Former Pioneer Natural Resources CEO Scott Sheffield told Hart Energy that his ban by the Federal Trade Commission from serving on Exxon Mobil’s board "was pretty much illegal. It's a baseless and illegal order that was done.”
March 11, 2025
Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
March 11, 2025
Utica Oil Player Ascent Resources ‘Considering’ an IPO
The 12-year-old privately held E&P Ascent Resources produced 2.2 Bcfe/d in the fourth quarter, including 14% liquids from the liquids-rich eastern Ohio Utica.
March 7, 2025
Streaming On-Demand: Expand Shifts to Just-in-Time NatGas TILs
Expand Energy’s just-in-time TIL model—turning new wells inline into sales—could shorten receipt of returns by up to two years.
March 6, 2025
Paradoxes and Power: Why DeepSeek AI May Be Good News for Energy
The lower cost and power demand of DeepSeek could be a positive for AI adoption and result in increased proliferation and demand, an analyst said.
March 5, 2025