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Hart Energy
Tellurian to Cut Haynesville Production by 18%
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.
Electric Vehicles: A Wrench in the Economics of Arctic Exploration and Drilling
Rystad Vice President Matthew Hale says widespread adoption of electric vehicles will have a significant impact on oil demand and price going into 2030.
Helleniq Energy Could Start Gas Drilling in 2025, Says CEO
Helleniq expects to make drilling decision in late-2024, which would put them in a position to begin drilling in 2025.
Matador Resources Prioritizes Reducing Debt After $1.6B Acquisition
Matador expects a boost in production from its $1.6 billion Permian Basin acquisition and touts new “horseshoe” wells as first-quarter results came in above expectations
Permian Paradox: Patterson CEO Says Fewer Rigs Demand More Workers
Patterson-UTI CEO Andy Hendricks said the Lower 48’s hottest play has tapped out the local workforce, requiring the drilling company to bring employees into the Permian Basin.
Shining a Light on Downhole Completions
Optimal well spacing and solving downhole issues depends on complete data, extensive collaboration — and fiber optics.
Devon Energy Invests in Enhanced Geothermal Firm Fervo
Devon Energy joins other E&Ps exploring the geothermal space with a $10 million investment in Houston’s Fervo Energy.
Data Analysis of BHA Components Optimizes Performance
Turnco's software component inspection portal can decrease catastrophic bottomhole assembly failures for operators in the Permian Basin.
2023 E&P Meritorious Awards for Engineering Innovation
Hart Energy’s Meritorious Awards for Engineering Innovation recognizes 17 technologies for engineering excellence in the upstream petroleum industry and highlights new products and technologies that demonstrate innovation in concept, design and application.
Chesapeake Intentionally Reducing Haynesville Gas Production, Rigs
The Oklahoma City-based E&P is intentionally letting Haynesville natural gas production fall off this year as the industry faces a volatile supply-demand imbalance.