Diamondback Energy COO Danny Wesson addressed the Permian peaking production as well as the M&A environment in the Lower 48’s most active basin during Hart Energy’s May 22 Super DUG event in Fort Worth.
Energy security concern is largely the reason behind Asian producers’ interest in developing energy assets in U.S. shale.
Tellurian Inc. will halt drilling in the Haynesville owing to lower gas prices and has dialed back its production forecast by an average 18% compared to an earlier forecast just three months ago.
Colombia state energy giant Ecopetrol, partnered in the Permian Basin with Occidental Petroleum, continues to view its U.S. shale assets as ‘strategic’ within its portfolio.
San Diego-based Sempra is eying potentially developing carbon capture and sequestration (CCS) around its Port Arthur liquefaction facility under construction and expected to start operations in 2027.
The proposed 27.6 mtpa Driftwood LNG LLC project has one fundamental problem: a lack of customers, according to Poten & Partners senior adviser Gordon Shearer, who also highlighted the potential for Permian gas to reach Asia via Mexico.
BPX Energy, which operates in the Permian-Delaware, continues to eye the start-up of its second Permian processing facility, Bingo, in the third quarter of 2023.
An all-African panel at OTC in Houston talked about what Africa needed to do to attract investors, why Africa would transition at its pace and double standards with Africa’s development path compared to other countries.
Cheniere Energy exported 167 LNG cargoes from its plant in Corpus Christi, Texas, in the first quarter of 2023, surpassing the previous record of 166 cargoes just set in the prior quarter.
Italy-based Eni SpA booked 200 MMboe in resources in the first quarter of 2023, inching towards its goal of finding 700 MMboe in 2023.
