Latest From Hart Energy
Liberty Achieves 24 Hours of Continuous Pumping Time in Permian Basin
By delivering a full 1,440 minutes of pumping time with zero non-productive time, Liberty crews were able to attain the premier goal of Liberty’s Operation 1440.
Ikon Science Launches New RokDoc Release Focusing on User Experience
Ikon Science, a global provider of geoprediction and open knowledge management software and solutions, has released RokDoc version 2021.4 on Sept. 27.
US Natgas on Track for Highest Since 2008 as Global Prices Soar
The entire energy complex is trading at multi-year highs on concerns global supplies and production may not keep pace with forecasts for demand to grow this winter.
Drone Tech: Providing a Helping Hand to E&P Operators
Drone technology has emerged as a valuable tool for oil and gas operators to manage their work sites and improve their ESG performance.
NOV Announces Chief Accounting Officer Retirement and Appointment
Christy H. Novak will succeed Scott K. Duff as vice president, corporate controller and Chief Accounting Officer effective November 1, 2021.
BP Starts Production at Thunder Horse Expansion Project in Gulf of Mexico
Thunder Horse South Expansion Phase 2 completes the program of five major project start-ups planned by BP for 2021.
Tallgrass Energy to Create First Certified Interstate Natural Gas Transmission System
Tallgrass’ Rockies Express Pipeline will be the first pipeline to implement real-time emissions detection and monitoring across all of its compressor stations.
Permian Basin-focused Chisholm Energy Reportedly Considering Sale
Chisholm Energy was formed in 2016 and has built a portfolio of acreage in the New Mexico portion of the Delaware Basin, according to its website.
PATH FORWARD: Why PE is Uncertain about Energy Transition Investments
Energy transition initiatives are attracting interest from private equity investors but several roadblocks remain, says Ravi Purohit, partner with Latham & Watkins.
Whiting Petroleum Wraps Up $187 Million Exit from D-J Basin
Concurrent with its D-J exit, Whiting Petroleum also announced an acquisition of Williston Basin assets that the U.S. shale producer said “adjoins and complements” its existing Bakken operations.
E&P International Highlights (Week of Sept. 27, 2021)
Check out these E&P and drilling activity highlights from around the world.
On the Move (Week of Sept. 27, 2021)
New hires, promotions and appointments continue to fuel the industry's workforce.
Tech Trends (Week of Sept. 27, 2021)
This weekly section highlights the latest upstream technologies designed to improve efficiencies.
Hart Energy Unconventional Activity Tracker (Week of Sept. 27, 2021)
The Anadarko Basin has increased its rig count by about 67% over the last month largely due to activity in the region from Continental Resources, Citizen Energy, Marathon Oil and Mewbourne Oil.
Gardner Denver High Pressure Solutions Rebrands as Standalone Business
As a standalone business, GD Energy Products says it will focus its efforts on serving the upstream oilfield service sector, while continuing its legacy of delivering “highly-engineered and efficient, customer-driven solutions to meet the evolving needs of the market.”
Chevron Mourns Passing of Former Texaco Chairman Alfred DeCrane
Alfred C. DeCrane Jr. served as chairman and CEO of Texaco prior to its merger with Chevron in 2001.
Ohio Oil and Gas Trade Groups Launch Initiative Targeting ‘Anti-energy’ Policies
The Ohio Oil and Gas Association and the Ohio Oil and Gas Energy Education Program recently hosted roundtables and tours in an effort to ensure all of the state’s congressional delegation is familiar with the natural gas and oil industry.
E&P Asset Management Is Only as Good as Your Data Management
Industrial Dataops is the future of industrial data management in the oil and gas industry and necessary to succeed in any organization’s digital transformation strategy.
PennEast Kills its $1.1 Billion Natural Gas Pipeline Project
Partners decide to cease development because they could not obtain water permits in New Jersey.
What’s Affecting Oil Prices This Week? (Sept. 27, 2021)
The price of Brent crude and WTI crude are now both higher than previously forecast with Brent nearing $80—but how high will oil prices go?
Marketed: Continental Resources Operated Texas Panhandle, Oklahoma Well Packages
Continental Resources Inc. retained EnergyNet for the sale of multiple packages of operated assets in the Midcontinent region of western Oklahoma and the Texas Panhandle.
China Power Shortages Spread, Shutting Factories and Dimming Growth Outlook
The power crunch has hurt production in industries across several regions of China and is dragging on the country’s economic growth outlook, analysts said.
Opinion: ESG is Here to Stay—Here’s How to Move Forward
While there is no silver bullet for ESG success, here are the principles for reaching objectives important for the energy services and technology sector.
Expro Names Karen David-Green as Chief Communications, Stakeholder and Sustainability Officer
Expro Group has appointed Karen David-Green to the newly created position of chief communications, stakeholder and sustainability officer on Sept. 27.
As OPEC Reopens the Taps, African Giants Losing Race to Pump More
Lockdowns aimed at stemming COVID-19 last year hindered the supply of spare parts and prevented maintenance work.
Brent Oil Nears $80 a Barrel on Tight Supply
Brent crude was up $1.43 or 1.8% at $79.52 a barrel by 1227 GMT, having posted three straight weeks of gains.
Saudi Arabia Plans to Issue Green Bonds Soon to Advance ESG Plans
The Middle East has seen a surge of interest in ESG-related initiatives amid growing awareness among global investors.
US Shale Producer Hess Sees Underinvestment Risk Ahead in Tighter Oil Market
The biggest wildcard is global upstream oil investment, which has slumped from $650 billion before the COVID-19 pandemic to around $300 billion, Hess President Greg Hill says.
Panic Buying Leaves Up to 90% of Fuel Pumps Dry in Major British Cities
Just days after Prime Minister Boris Johnson’s government spent millions of pounds to avert a food shortage due to a spike in prices for natural gas, ministers asked people to refrain from panic buying.
E&P Business Strategies: Riley Permian’s Go-public Play
Northwest Shelf operator Riley Permian attained an IPO through a rare reverse merger without much fanfare.