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Casing Flotation Device Adds $120,000 in Gas Recovery
Stratas Advisors expects a 76 Bcf build in storage.
India is looking at raising oil imports from Russia, its oil minister said on Sept. 17, at a time of surging oil prices after an attack on Saudi Arabian facilities halved the kingdom's production.
Under the GSAs, EOG has agreed to sell natural gas to Cheniere over a period of approximately 15 years beginning in early 2020, with the quantity starting at 140,000 MMBtu/d and increasing to 440,000 MMBtu/d.
As asset-level A&D struggles in the background of multibillion E&P mergers and market indifference to oil and gas, deal advisers see a spike in transactions for minerals, conventional assets and even combinations of private-equity companies.
Investors managing $15 trillion in assets turned up the heat on oil and gas sector on Sept. 18 ahead of a United Nations summit in New York aimed at accelerating efforts to fight climate change.
Infrastructure Networks Inc. (INET), the wireless LTE solutions provider to the onshore energy industry, and Osprey Informatics, a provider of intelligent visual monitoring solutions for industrial operations, have swapped senior leaders.
SeaBird Exploration has signed a contract to acquire a 2-D seismic survey for an international oil and gas company in the Africa region on Sept. 19.
SIEP Inc. (Shell) and BP recently joined the Collaboratory for Advancing Methane Science (CAMS), an industry-led consortium helping the natural gas and oil industry continue to improve its environmental performance.
Aqua America Inc. said Sept. 17 its Pennsylvania subsidiary, Aqua Pennsylvania Wastewater, has signed an asset purchase agreement with the Delaware County Regional Water Quality Control Authority (DELCORA) to acquire the municipal authority’s wastewater assets for $276.5 million.
The amount of gas flared has steadily increased, for the most part, in the Permian Basin as oil production has risen in recent years.
U.S. oil output from seven major shale formations is expected to rise by 74,000 barrels per day (bbl/d) in October to a record high 8.843 million bpd (MMbbl/d), the U.S. Energy Information Administration (EIA) said in its monthly drilling productivity report on Sept. 16.
TGS has achieved five milestones accelerating the company’s growth strategy, the company said on Sept. 16.
Technology could help unlock more barrels from shale plays, as it has in the past, but comfort levels pose challenges amid tough market conditions.
Here’s a snapshot of energy deals from the past week including Energy Transfer’s roughly $5 billion acquisition and a multimillion-dollar all-equity deal by Diamondback’s mineral acquisition subsidiary.
Talos Energy Inc. has entered into two separate agreements on Sept. 19 with BP Plc and Exxon Mobil Corp. related to new exploration opportunities in the U.S. Gulf of Mexico (GoM).
The Stone Mountain cryogenic processing plant has capacity of 25,000 Mcf/d with a pipeline connection to the Stone Mountain liquids terminal.
Here’s a quicklist of oil and gas assets on the market including Encana Bakken assets and Scoop and Stack leasing opportunities from Panhandle Oil and Gas.
Colombia's top administrative court on Sept. 17 clarified that a moratorium on fracking it upheld last week does not prevent "investigative" pilot projects, surprising both oil companies and environmental activists.
Department of Energy is ready to respond if a release from the Strategic Petroleum Reserve is needed, he says.
An unprecedented coalition of North American oil and gas operators and associations created the Pipeline Safety Management System with the goal of ensuring that pipeline infrastructure is as safe as is humanly possible.
Natural gas will be moved from Agua Dulce to NextDecade’s Brownsville LNG project.
The deal comes at a time when LNG Ltd. has been struggling to lock in sales agreements for its Magnolia project due to the U.S. trade dispute with China.
Federal and state authorities on Sept. 13 criminally charged climate change protesters for shutting down the largest U.S. energy-export port for a day by dangling from a bridge.