Mexico Pacific Ltd. is close to taking an initial final investment decision for the first two trains at its Saguaro Energía LNG facility in Sonora, Mexico, which will source feed gas from the Permian Basin.
President and CEO of Sponte Operating Chris Widell says the company is pinching back production as gas prices remain on the lower end, but is ready on the operation side when prices come back up in this Hart Energy Exclusive interview.
Kinetik Holdings entered an agreement with PNC Bank to pay down outstanding debt.
The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
Consolidation will result in less oil production, and therefore less associated gas, as fewer wells are produced, an energy analyst says.
Enterprise Products Partners began service on two natural gas plants: the Leonidas in the Midland Basin and the Mentone 3 in the Delaware Basin, each with a capacity to process 300 MMcf/d of natural gas and 40,000 bbl/d of NGLs.
Chevron’s 72,000-net-acre property in Panola County, Texas is lightly developed for the underlying Haynesville formation — and the supermajor may cut it loose.
After Mesa II sold its Haynesville Shale portfolio to Franco-Nevada for $125 million late last year, Mesa Royalties III is jumping back into Louisiana and East Texas, as well as the Permian Basin.
Once a company with low outside expectations, Surge Energy is now a premier private producer in one of the world’s top shale plays.
The world’s attention is on the far south Texas Gulf Coast, watching Starship liftoffs while waiting for new and secure LNG supply.