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Earth-Shaking Challenges for Permian Produced Water
E&Ps are being faced with the challenge of what to do with a whopping 22 MMbbl/d of produced water this year. The problem could be an opportunity for midstream companies or those hoping to capitalize on beneficial reuse solutions.
Cenovus Restores Production at Christina Lake Following Wildfires
Cenovus Energy said site inspections confirmed there was no damage to its infrastructure following wildfires in Alberta.
BP-EOG JV Delivers First Gas Offshore Trinidad and Tobago
EOG and BP’s Mento development offshore Trinidad and Tobago has safely delivered first gas.
Morgan Stanley Divests Seven Seas to EQT Infrastructure Fund
Morgan Stanley Infrastructure Partners agreed to sell its ownership stake in wastewater treatment compang Seven Seas Water Group to investment organization EQT Partners.
The Latest
ArcLight Acquires Ohio Power Plant
Infrastructure investment firm ArcLight Capital continues to focus on electrical generation with its latest acquisition of a gas-fired generation plant in Ohio.
US Oil/Gas Rig Count Down for 11th Week to Lowest Since 2021, Baker Hughes Says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since 2020.
Monumental Energy to Finish Second Workover of CM-1 Well Soon
Monumental Energy’s second workover at the Copper Moki-1 (CM-1) oil and gas well will restore oil and associated gas production from the well in New Zealand’s Taranaki Basin.
Analysis: EOG’s Best Permian, Eagle Ford Inventory is Dwindling
EOG Resources “is basically out of Tier 1 Karnes [County, Texas] inventory” for oily Eagle Ford wells, Roth analyst Leo Mariani said. In the Permian Basin, “EOG may only have a few years left of Tier 1 Permian inventory.”
Chord’s Longer Laterals Delivering Bigger Returns to Shareholders
Chord Energy shareholders are reaping the benefits from the Bakken E&P’s foray into drilling longer laterals, though a further dip in oil prices could cause the company to hunt for acquisitions at the low point in the cycle.
Earth-Shaking Challenges for Permian Produced Water
E&Ps are being faced with the challenge of what to do with a whopping 22 MMbbl/d of produced water this year. The problem could be an opportunity for midstream companies or those hoping to capitalize on beneficial reuse solutions.
Hess Joins Exxon, Equinor in Exit from Suriname’s Offshore Block 59
Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by partners Exxon Mobil and Equinor in 2024 to Hess.
FrontierGen Announces South Texas Campuses for Hyperscalers
FrontierGen has plans to develop “powered land” for tech company development.
Mitsubishi Power Americas CEO Talks Power, Hydrogen
As electricity demand climbs in the U.S. and abroad, the company is advancing hydrogen blending efforts to lower emissions while working to meet rising gas turbine needs.
Fermi in Talks to Build Nuclear Plants in Texas for Hyperscalers
Fermi, co-founded by a former U.S. Energy Secretary Rick Perry, is looking to build four nuclear plants that would supply power to hyperscalers.