Latest From Hart Energy

Women in Energy: Tiffany Polak, Marathon Oil

Today’s featured 25 Influential Women in Energy honoree is Tiffany Polak, development director for the Permian Basin at Marathon Oil Corp.

Goldman Sachs: Oil Sector Hit Disproportionately by “Coronacrisis”

Oil has been hit disproportionately by the “coronacrisis,” sending landlocked crude prices into negative territory, Goldman Sachs analysts said.

Oil Pipeline, Producer Standoff Prompts New Call for Texas Shale Curbs

Texas Railroad Commission, the state's energy regulator, will weigh a mandated cut at its next scheduled meeting, said Ryan Sitton, the commissioner who first floated 10% cuts two weeks ago.

Hart Energy’s Unconventional Activity Tracker (Week of March 30, 2020)

We’ve entered the Tom Petty zone of rig count decline. Talk to drilling contractors and they report business is Free Falling, Free Falling. Tight formation rig count dropped 39 this past week, including 22 in the Permian, five in the Eagle Ford and six in Oklahoma’s Anadarko Basin.

Oil Industry Experts: Pandemic Impacts Not Just Dollars—Change, Too

Culture shifts as result of at-home workforce experience, staffing cuts and ESG priorities.

IndustryVoice: One bit versus 144 plugs—efficiency wins

With a shorter design, Nine’s Scorpion Composite Plug saves operator thousands of dollars in one of North America’s longest laterals.

Percussion Petroleum Re-ups with Carnelian Following Successful 2019 Sale

Percussion Petroleum II will pursue the same acquisition and development strategy as its predecessor, which sold its position in the Permian Basin’s Northwest Shelf to Spur Energy Partners in mid-2019.

Boutique Adviser PJ Solomon Expands into Energy Restructuring

PJ Solomon has hired Tero Jänne to expand its restructuring capabilities into the energy sector at a time of significant dislocation in the oil and gas industry.

 

Pipelines Take on Their Biggest Enemy

The impetus for iPIPES, an industry-wide partnership focused on developing new technologies to prevent and detect pipeline leaks, was the dramatic growth created by the “Bakken boom,” program manager Jay Almlie says.

Shell Exits Lake Charles LNG Project; Energy Transfer Takes Over as Developer

Shell cites market conditions as its reason for withdrawing; Energy Transfer weighs options, including recruiting another equity partner or reducing the size of the project.

Natgas Futures Fall with Oil Prices, Forecasts for Lower Demand

Milder weather couples with an expected loss of exports.

Laden LNG Tanker Heads to China from US, First Since March 2019

Shipment comes as China returns to work and increases its demand for power.