Exclusive: Embracing AI for Precise Supply-Demand Predictions
Dak Liyanearachchi, the CTO with NRG, gives insight to AI’s capabilities in optimizing energy consumption and how NRG is making strides to manage AI’s growth, in this Hart Energy exclusive interview.
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Earnings
Woodside Reports Record Q3 Production, Narrows Guidance for 2024
Australia’s Woodside Energy reported record production of 577,000 boe/d in the third quarter of 2024, an 18% increase due to the start of the Sangomar project offshore Senegal. The Aussie company has narrowed its production guidance for 2024 as a result.
Pipelines
Private Midstream Executives: More M&A, More Demand, More Gas Pricing Woes
Private midstream CEOs discuss the growth, opportunities and challenges that lie ahead.
Mergers
California Mergin’: CRC-Aera Combination Creates Golden State Scale
CRC President and CEO Francisco Leon believes the state needs to bolster its own oil and gas production—not all citizens and lawmakers agree.
Natural Gas
Kinder Morgan to Boost NatGas Capacity in Texas
Kinder Morgan said it has made FID for the Gulf Coast Express expansion and confirmed a new pipeline project to move gas to the site of future Southeast Texas LNG export facilities.
Acquisitions & Divestitures
Lime Rock CEO: Small, Mid Cap E&Ps Stuck in M&A ‘No Man’s Land’
Eric Mullins said that as large-scale M&A players begin to rationalize their purchases, as much as $18 billion in non-core divestments could find homes to asset-hungry acquirers.
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Oil and Gas Investor Magazine
Now, the Uinta: Drillers are Taking Utah’s Oily Stacked Pay Horizontal, at Last
Recently unconstrained by new rail capacity, operators are now putting laterals into the oily, western side of this long-producing basin that comes with little associated gas and little water, making it compete with the Permian Basin.