Pemex Restoring Lost Production after Cantarell Fire
Mexico’s state-owned Pemex has restored the bulk of production lost due to a July 7 fire at its Nohoch-A offshore platform which injured 8 employees and killed two while another is still missing.
Welligence Eyes Greener, More Supply-concentrated LNG Sector
Welligence Energy Analytics, a market and intelligence company, is forecasting an LNG sector that is increasingly green, floating and supply-concentrated.
US Drillers Add Oil and Gas Rigs for First Time in 10 Weeks: Baker Hughes
Oil rigs in the U.S. fell by 5 to 540, while gas rigs rose by 11, landing at 135, which is the highest since early June.
Boston Group: Net Zero Investments Short by $18 Trillion
A Boston Consulting Group study reveals an $18 trillion energy transition investment gap between now and 2030, which threatens meeting net zero goals by 2050.
Analysts: Patterson-UTI M&A May Continue After NexTier, Ulterra Deals
Patterson-UTI’s cash-and-stock acquisition of Ulterra Drilling Technologies enhances PTEN’s position in the drilling and completions market. After the recent merger announcement with NexTier, analysts wonder if PTEN might pursue more M&A.
Mexican Drivers Pay More for Gasoline than Americans
Mexican drivers are paying on average 135% more for regular gasoline than their American counterparts, according to data compiled by Hart Energy.
A&D Minute: Companies Switch Hands and Change Names [WATCH]
In this week's A&D Minute, OneRock Energy acquires Northwoods Energy, Superior Pipeline rebrands to Superior Midstream and the U.S. government prepares to open the bidding process for the Federal Helium System.
Gas Producers Stress Tested at Lower Prices Show Mixed Results
Nine natural gas companies’ resilience was tested amid a mock drop in gas prices, with some E&Ps potentially facing debt repayment hardships and producing negative cash flow at lower prices.
Tech Trends: Welltec's Solution to Bradenhead Aches [WATCH]
In this week's episode of Tech Trends, Hart Energy's Jaxon Caines spoke with Welltec's Solutions Director, Nick Rakic, about the technology company's 'Metal Expandable Packer' and how it reduces sustained casing pressure in a wellhead.
Marketed: Privately Owned Mineral Interest and Surface Ownership Opportunity in California
A private seller has retained Eagle River Energy Advisors for the sale of a mineral interest and surface ownership opportunity in the San Joaquin Basin in California.