Latest From Hart Energy
Woodside, Jera Sign Winter-Only Supply Deal
Woodside will supply Jera with 200,000 metric tons of LNG a year over the course of the contract, but only during the cold months of December, January and February, according to a Reuters report.
FERC Removes Barriers to NatGas Projects, Even During Appeals
The Federal Energy Regulatory Commission's new rules seek to improve the regulatory environment for natural gas infrastructure projects immediately, the agency says.
Energy Transition in Motion (Week of June 20, 2025)
Here is a look at some of this week’s renewable energy news, including a solar steam project in California and a newly proposed bill in the Senate that would extend clean fuel tax credits.
On The Market This Week (June 16, 2025)
Here is a roundup of marketed leaseholds from select E&Ps in the Haynesville Shale, Niobrara Shale, Denver-Julesburg Basin and Alaska.
USGS: Huge Oil Reserves Under Federal Land in Alaska, New Mexico
In its first update since 1998, the USGS reported significant undiscovered oil, gas and NGL reserves beneath U.S. federal lands—highlighting untapped potential in conventional and unconventional reservoirs.
US Drillers Cut Oil, Gas Rigs for Eighth Week in a Row
The oil and gas rig count fell by one to 554 in the week to June 20, the lowest since November 2021.
Freeport LNG Requests More Time for Expansion Project
After completing repairs from a 2022 explosion, Freeport LNG is asking for a looser deadline for its next LNG train.
SBM Offshore Signs O&M Contract for FPSO Offshore Suriname
SBM and TotalEnergies’ operations and maintenance contract runs for at least two years after first oil, with extension options.
Largest US Propane Distributor AmeriGas Sells Hawaiian Storage Asset
UGI Corp.’s AmeriGas said it will use the cash from its sale of a 750,000-gallon propane storage facility in Hawaii to service debt.
Eon Resources Acquires Controlling Interest in Permian Field
An Eon Resources Inc. subsidiary—Eon Energy LLC—is acquiring a 94% interest in the Permian Basin’s South Justis Field in Lea County, New Mexico, in exchange for 1 million Class A common shares.
Natural Gas, Shale Plays, Drilling, Liquefied Natural Gas (LNG), Artificial Intelligence, Power Generation/Powergen, Midstream, Investment
Right Risk, High Return: Aethon Jumps on Elevated NatGas Prices
Aethon Energy is navigating an uncertain market with cautious optimism as the company explores riskier opportunities that can help meet power demand growth, says President and Partner Gordon Huddleston.
IPAA’s Newest Chief Roughneck: $50 Oil ‘Not What We Need’
Permian Basin-focused operator Don Sparks told fellow wildcatters, after receiving the IPAA’s lifetime achievement award, that Washington should be helping the U.S. industry assure national security, and that won’t happen at $50 oil.
RWE Constructing Nearly 4 GW of Solar, BESS Projects in US
RWE said onsite construction is underway at 29 wind, solar and battery energy storage projects across 11 U.S. states.
RRC Orders Blackbuck's Disposal Well to Close Over Earthquake Fears
The Texas Railroad Commission had called for an emergency suspension of Blackbuck Resources’ water disposal well operations on May 13, after an earthquake with a record 5.4 magnitude struck West Texas 10 days earlier.
Oil Prices Up Nearly 3% as Israel-Iran Conflict Escalates, US Response Remains Uncertain
Oil prices jumped almost 3% on June 19 as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge.
First Gas Flows from Germany’s Third LNG Regasification Platform
The FSRU Excelsior is part of the Wilhelmshaven 2 terminal, with a planned capacity of up to 445 MMcf/d of natural gas.
Solar Developer Emeren Group Agrees to Go-Private Merger
Public solar project developer Emeren Group will go private through a merger with Shurya Vitra Ltd. In a deal valued at approximately $102.6 million.
TotalEnergies Signs Deal to Convert Cooking Oil into SAF
TotalEnergies has signed an agreement with Quatra to produce biodiesel and sustainable aviation fuel from used cooking oil.
Expro Wins Well Test Contract for CCS Project Offshore UK
Expro has chosen Baker Hughes and Metrol Technology to support its work on appraising the Endurance reservoir for future carbon capture and storage suitability.
Manchin: ‘We Cannot Get Back Into Another War’
Former U.S. Senator Joe Manchin told oil and gas producers the U.S. already has two wars “we never paid for” at the IPAA’s annual meeting. The denuclearization of Iran should be left up to Israel, he said.
Petronas to Deploy Halliburton’s Reservoir Management, Modeling Solutions
Malaysian national oil and gas company Petronas will use Halliburton’s DecisionSpace 365 suite.
Enterprise Prices $2B in Senior Notes to Fund Growth, Repay Debt
The proceeds from the three-tranche offering will support capital investments, acquisitions and debt reduction.
NatGas Storage Injections Slow; Market Prices Rise
The U.S. has ended seven straight weeks of triple-digit increases to its working natural gas in storage, according to the EIA.
FERC Gives Final Go-Ahead to Kimmeridge's Commonwealth LNG Project
Kimmeridge said it plans to reach a final investment decision on Commonwealth LNG by October.
Report: LNG Canada Expected to Start Production Within Days
LNG Canada will be the only west coast export terminal in North America. Canada has plans to become a significant player in the LNG sector by the end of the decade.
Plan to Convert Frac Water into Hydrogen Could Bring $5MM/Year
A group of collaborators are working to convert frac wastewater into clean hydrogen in an initiative that could lead to hydrogen sales of up to $5 million annually.
Lower-Cost Horseshoe Wells Gaining Traction in Tight Leaseholds
Operators such as Matador Resources, Vital Energy and Comstock Resources have drilled more than 60 U-shaped laterals this year.
Natural Gas, Storage, Pipelines, Midstream, Infrastructure, Policy & Regulations, Liquefied Natural Gas (LNG), Power Generation/Powergen
Texas’ RRC Approves Salt Dome NatGas Storage Project Near Houston
The Gulf Coast Midstream Partners’ FRESH facility would add about 26 Bcf of storage to southeast Texas in its first phase. The project is pending a final investment decision.
Rockies Focused Prairie Pursuing M&A Post Bayswater Bolt-On
Prairie Operating CFO Greg Patton describes the company's shift into the E&P space and its potential M&A plans following Prairie's $600-million D-J acquisition from Bayswater Exploration and Production.
Ormat Closes Acquisition of Blue Mountain Geothermal Power Plant for $88MM
Located in Nevada, the 20-megawatt geothermal plant will increase Ormat Technologies’ electricity segment generating portfolio to nearly 1.3 gigawatts.