Darren
Barbee
Hart Energy
Trends
A&D Trends: Tough Times
Just when the Permian Basin seems to have bottomed out, Callon Petroleum comes out of nowhere with a multimillion-dollar deal for its noncore assets.
Public Capital
DUG Rockies: Analysts Tout Strong Operations Despite Low Valuations
D-J Basin operators feature a price index lower than in the Bakken, Permian and Eagle Ford, according to Seaport Global.
Investment
Windpower 2019: US Wind Energy Matures, But Industry Still Has Work To Do
The U.S. wind energy has matured and potential has turned into expectations. Analysts from Wood Mackenzie, IHS Markit and Bloomberg NEF offered a long-term outlooks mixed with optimism and caution.
Investment
Report: Upstream A&D Activities Surged In April
April turned out to be a busy month for the global upstream industry, especially for A&D activities, analysts with Stratas Advisors say.
More Top Stories
Public Capital
Awaiting A Clear 2019 Outlook
Commodity prices cloud the 2019 oilfield services outlook.
Crude Oil
Strait Of Hormuz Becomes Focal Point After Oil Attacks
Recent incidents raise questions about the security of oil supplies.
Investment
The Permian Water Management Future: Consolidated, Efficient Systems
The market’s biggest challenges—scale and consolidation—are also its biggest necessities, according to B3 Insight’s Kelly Bennett.
Renewables
US Solar Installations Expected To Double To 4 Million In Next Four Years
Texas, Utah, Florida, Rhode Island and Maryland have grown from 50,000 installations combined to more than 200,000 over the last three years.
Highlights
Best Of This Week's Activity Highlights
In case you missed it, here's a look this week's activity highlights around the world. Details on current and past activity available every day in Hart Energy's database.
Latest in Video
Celebrating The Late Shale Pioneer George Mitchell
George Mitchell would have turned 100 years old today. In celebration, we look back at the accomplishments that made him a legend in U.S. oil and gas.
Trending Stories
Markets
Windpower 2019: US Wind Energy Matures, But Industry Still Has Work To Do
The U.S. wind energy has matured and potential has turned into expectations. Analysts from Wood Mackenzie, IHS Markit and Bloomberg NEF offered a long-term outlooks mixed with optimism and caution.
Saudi Aramco Signs Major LNG Deal With Sempra
Purchase from Port Arthur, Texas, facility is the biggest deal signed since 2013, says analyst.
Windpower 2019: US Wind Energy Matures, But Industry Still Has Work To Do
The U.S. wind energy has matured and potential has turned into expectations. Analysts from Wood Mackenzie, IHS Markit and Bloomberg NEF offered a long-term outlooks mixed with optimism and caution.
What’s Affecting Gas Prices? (Week of May 21)
Prices are stable around $2.60/MMBtu as a result of strong production, says Stratas Advisors.
Business
Occidental Partnership To Build Permian Basin CO2 Removal Plant
Occidental Petroleum is partnering with Canada-based Carbon Engineering to build a new multimillion-dollar direct air capture plant in the Permian Basin.
Frac Sand Provider Hi-Crush Names Alan Oehlert As COO
With the appointment of Alan Oehlert as COO, Robert Rasmus will cease serving as the principal operating officer of Hi-Crush, but will continue in his role as chairman and CEO
Vestas Takes Aim At Cheaper US Wind Power With New Turbine
Vestas launched a wind turbine targeting the U.S. market, aiming to simplify how they are built and cut costs further for the renewable energy source.
Occidental Partnership To Build Permian Basin CO2 Removal Plant
Occidental Petroleum is partnering with Canada-based Carbon Engineering to build a new multimillion-dollar direct air capture plant in the Permian Basin.
Technology
Shearwater, Equinor To Develop Marine Seismic Source Technology
Shearwater will have the exclusive rights to market the system and Equinor will have initial, preferential access to the technology.
TGS, Schlumberger Collaborate For Ocean-Bottom Node Projects In GoM
TGS and Schlumberger have announced a strategic collaboration for multiclient ocean-bottom node projects in the deepwater U.S. Gulf of Mexico (GoM) on May 22.
SKK Migas Adopts Halliburton Landmark Software
SKK Migas adopted the DecisionSpace suite of software to improve exploration and production efficiency through data analytics, integration and cross-disciplinary collaboration.
Shearwater, Equinor To Develop Marine Seismic Source Technology
Shearwater will have the exclusive rights to market the system and Equinor will have initial, preferential access to the technology.
Exploration & Production
DUG Rockies: Analysts Tout Strong Operations Despite Low Valuations
D-J Basin operators feature a price index lower than in the Bakken, Permian and Eagle Ford, according to Seaport Global.
Experts Examine Well Spacing, Other Variables’ Impact On Bakken Production
Predictive production modeling shows which variables influence production the most for parent and child wells.
Hart Energy's Unconventional Activity Tracker
Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.
Transactions
A&D Trends: Tough Times
Just when the Permian Basin seems to have bottomed out, Callon Petroleum comes out of nowhere with a multimillion-dollar deal for its noncore assets.
Marketed: Wagner Oil Operated Properties In Various Oklahoma Counties
Wagner Oil retained EnergyNet for the sale of operated Oklahoma properties throughout the Anadarko Basin including in the Scoop shale play in auctions closing May 29.
Plains All American In Multimillion-dollar Cushing Terminal Acquisition
Plains All American picked up terminal assets located in Oklahoma’s famous Cushing oil hub from CVR Energy as the company begins to explore strategic alternatives.
Report: Upstream A&D Activities Surged In April
April turned out to be a busy month for the global upstream industry, especially for A&D activities, analysts with Stratas Advisors say.
Policy & Regulations
UPDATED: Exxon Mobil Evacuates Foreign Staff From Iraq Oilfield
Exxon Mobil Corp. has evacuated dozens of its foreign staff from the West Qurna 1 oil field, but work is still going on, according to multiple reports.
Perry: International Loan An Option For Ukraine’s Fuel Needs
Energy secretary is in Ukraine for presidential inauguration.
Energy Secretary Rick Perry Says Sanctions Bill On Nord Stream 2 Coming Soon
United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the "not too distant future.”
Tampa Electric To Offer Solar Power Option For Florida Customers
Tampa Electric’s new program requires participants to pay a shared solar charge of $0.063 per kilowatt-hour for energy produced by 17.5 megawatts of the Lake Hancock solar facility, which came online on April 25.
Transport
Permian’s Natural Gas Price Drops Below Zero Again
Insufficient takeaway capacity forces producers to flare or pay others with pipeline space to move it to market.
Permian’s Natural Gas Price Drops Below Zero Again
Insufficient takeaway capacity forces producers to flare or pay others with pipeline space to move it to market.
Carlyle-Backed Firm Seeks Guarantee On 2-Year Approval Of Crude Export Project
Lone Star Ports is seeking certainty on $400 million project with environmental impact statement looming.
Energy Secretary Rick Perry Says Sanctions Bill On Nord Stream 2 Coming Soon
United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the "not too distant future.”
