Latest From Hart Energy

Analysts: Why Are Investors Snapping Up Gulfport Energy Stock?

Shares for Oklahoma City-based Gulfport Energy massively outperformed market peers over the past year—and analysts think the natural gas-weighted name has even more upside.

Exclusive: Can NatGas Save the 'Fragile' Electric Grid?

John Harpole, the founder and president of Mercator Energy, says he is concerned about meeting peak electric demand and if investors will hesitate on making LNG export facilities investment decisions after the Biden administration's recent LNG pause, in this Hart Energy LIVE Exclusive interview. 

Marketed: Stone Hill Minerals Holdings 95 Well Package in Colorado

Stone Hill Minerals Holdings has retained EnergyNet for the sale of a D-J Basin 95 well package in Weld County, Colorado.

As ONEOK Digests Magellan, Sets Stage for More NGL Growth in 2024

ONEOK is continuing the integration of its newly acquired Magellan assets in 2024 as the company keeps an eye out for M&A opportunities and awaits regulatory approvals for certain projects.

EDF Renewables, SCPPA Sign PPA for Bonanza Solar

The site is expected to start delivering electricity to SCPPA’s customers by Dec. 31, 2028.

Tyra Redevelopment Heading for Production in March

TotalEnergies said the Danish North Sea project will take about four months to ramp up and is expected to produce 2.8 Bcm/year.

First Solar Gunning for $1B More in 2024 Sales

Solar module manufacturer First Solar forecasts 2024 net sales of between $4.4 billion to $4.6 billion, with annual volumes sold ranging from 15.6 gigawatts (GW) to 16.3 GW.

Markman: I’d Like to Not Thank the Academy…

The oil industry does not come off well in the movies and the public can miss the big picture.

In Shooting for the Stars, Kosmos’ Production Soars

Kosmos Energy’s fourth quarter continued the operational success seen in its third quarter earnings 2023 report.

Alberta to Ban Renewables Projects on Prime Agricultural Land

Alberta will ban renewable power projects on prime agricultural land and erect buffer zones to ensure wind turbines do not spoil scenic views. 

ChampionX Acquires ALP to Grow Digital Solutions Portfolio

Artificial Lift Performance Ltd. specializes in software designed to maximize production and extend the life of artificial lift equipment.

Brightcore Energy Begins Geothermal Project at Bard College

Brightcore Energy’s project will replace college’s current fossil fuel fired- system at the school’s library.

Green Light for ConocoPhillips’ Eldfisk Nord

ConocoPhillips is expected to begin production at its Eldfisk Nord project before the first quarter ends.

Elephant in the North: E3 Lithium CEO on Finding Opportunity ‘Hunters’

E3 Lithium is working toward commercial lithium production for its Clearwater project in South-Central Alberta’s Bashaw District, while developing its own DLE technology.

Despite LNG Permitting Risks, Cheniere Expansions Continue

U.S.-based Cheniere Energy expects the U.S. market, which exported 86 million tonnes per annum (mtpa) of LNG in 2023, will be the first to surpass the 200 mtpa mark—even taking into account a recent pause on approvals related to new U.S. LNG projects.

Ørsted Names New CFO, COO Following 2023 Setbacks

Ørsted appointed Trond Westlie as CFO and executive board member and Patrick Harnett as COO following company difficulties in 2023, including a $4 billion impairment charge in third-quarter 2023.

Hess: Pre-emption Provision Doesn't Apply to Buyout Deal With Chevron

Hess Corp. said on Feb. 27 that a pre-emption provision does not apply to its proposed $53-billion buyout by Chevron Corp. and it remains "fully committed" to the deal.

Civitas, Prioritizing Permian, Jettisons Non-core Colorado Assets

After plowing nearly $7 billion into Permian Basin M&A last year, Civitas Resources is selling off non-core acreage from its legacy position in Colorado as part of a $300 million divestiture goal.

Atlas Energy Solutions to Buy Hi-Crush, Consolidating Permian Services

The $450 million deal effectively connects Atlas Energy Solutions’ Delaware Basin logistics and proppant offerings with Hi-Crush’s operations in the Midland Basin.

Remotely Controlled Well Completion Carried Out at SNEPCo’s Bonga Field

Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.

SunPower Begins Search for New CEO

Former CEO Peter Faricy departed SunPower Corp. on Feb. 26, according to the company.

Matador Bolts On Additional Interest from Advance Energy Partners

Matador Resources carved out additional mineral and royalty interests on the acreage it acquired from Advance Energy Partners for $1.6 billion last year.

NOD Approves Start-up for Aker BP’s Hanz Project

Aker BP expects production on the North Sea subsea tieback to begin production during the first quarter.

CAPP Forecasts $40.6B in Canadian Upstream Capex in 2024

The number is slightly over the estimated 2023 capex spend; CAPP cites uncertain emissions policy as a factor in investment decisions.

Proven Volumes at Aramco’s Jafurah Field Jump on New Booking Approach

Aramco’s addition of 15 Tcf of gas and 2 Bbbl of condensate brings Jafurah’s proven reserves up to 229 Tcf of gas and 75 Bbbl of condensate.

TotalEnergies Rolling Out Copilot for Microsoft 365

TotalEnergies’ rollout is part of the company’s digital transformation and is intended to help employees solve problems more efficiently.

Well Logging Could Get a Makeover

Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.

Buffett: ‘No Interest’ in Occidental Takeover, Praises 'Hallelujah!' Shale

Berkshire Hathaway’s Warren Buffett added that the U.S. electric power situation is “ominous.”

Chevron, Exxon in Dispute Over Hess Stake in Guyana Oil Block

Chevron’s $53 billion deal to buy Hess’ interests in the Stabroek Block offshore Guyana could be derailed as Exxon, CNOOC say they have first rights of refusal on the block’s interests.

Continental Resources Makes $1B in M&A Moves—But Where?

Continental Resources added acreage in Oklahoma’s Anadarko Basin, but precisely where else it bought and sold is a little more complicated.