LandBridge Closes Deal for 5,800 Acres in New Mexico's Delaware Basin

LandBridge said it announced or closed acquisitions totaling 53,080 acres in fourth-quarter 2024.

Valuable Waste: Synata Bio’s Microbes Convert Waste CO2 Into Ethanol

Synata Bio, an early-stage biotech company, said this week it landed a grant from China for its commercial-scale waste carbon-to-ethanol facility.

Water Management Called ‘Massive Headwind’ for Permian Operators

Amanda Brock, CEO of Aris Water Solutions, says multiple answers will be needed to solve the growing amounts of produced water generated by fracking.

Coterra Takes Harkey Sand ‘Row’ Show on the Road

With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.

Expand Foresees Drilling U-Turns in Appalachia

As Expand Energy leans into its newly combined Chesapeake-Southwestern acreage, Tim Beard, the company’s vice president of drilling, would be “surprised” if Expand did not drill U-turn wells in the Appalachian Basin.

Fugro’s Remote Capabilities Usher In New Age of Efficiency, Safety

Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.

E&P Highlights: Nov. 18, 2024

Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.

E&Ps Capitalize on AI Surge with NatGas Investments, But Volatility Expected

EOG, Diamondback and Gulfport Energy remain optimistic—despite recent near-term volatility—and are doubling down on natural gas investments in order to meet growing energy demands.

Empire Raises $10M in Equity Offering to Ease Doubts, Reports $3.6M Loss

Empire Petroleum received a waiver from its lender after falling out of compliance with a credit agreement.

Range Resources Counters M&A Peer Pressure with Drilling Efficiencies

Range Resources doesn’t feel the need to give into M&A peer pressure as it focuses on the efficient development of its current asset base, President and CEO Dennis Degner tells Hart Energy.