Latest From Hart Energy

Wood Secures Kollsnes Gas Processing EPCI Contract from Equinor

Wood has secured a new $42 million contract from international energy company Equinor on behalf of operator Gassco to provide EPCI services at the Kollsnes gas processing plant in Norway, the company said on Sept. 17.

Energy Credit Alternatives: The ‘Shadow’ Banks

As commercial banks cautiously retrench—if not retreat—from energy, others have a growing appetite to provide debt solutions. Some call it rescue capital.

EQT Reportedly Bids $750 Million for Chevron’s Appalachia Shale Assets

Chevron is marketing about 800,000 acres in the Marcellus and Utica shale plays of Pennsylvania and neighboring states and a 31% nonoperating interest in Laurel Mountain Midstream.

Saudi Energy Minister Warns Oil Market Gamblers Will Be Hurt ‘Like Hell’

The comments by Prince Abdulaziz bin Salman, OPEC's most influential minister, came after a virtual meeting of a key panel of OPEC and allies, led by Russia, known as OPEC+.

Chart: Eastern Rig Count as of September 18, 2020

Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia

Chart: Gulf Coast Rig Count as of September 18, 2020

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

Chart: Midcontinent, Permian Basin Rig Count as of September 18, 2020

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

Chart: Western Rig Count as of September 18, 2020

California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming

Permian Basin Operator Approach Resources Hitches Saddle to New Buyer

Bankrupt Permian operator Approach Resources appears to be headed toward a sale again—albeit for less than two-thirds of the original sales price.

Industry Veteran Ted Williams Joins EnCore Permian as COO

Industry veteran Ted Williams will join EnCore Permian as partner and COO to lead its growing operations department as the Midland, Texas-based company transforms into an E&P company.

Energy Buyout Firm Riverstone Preparing Cleantech SPAC IPO

The new entity will raise money from investors in an IPO, which will form the basis of a war chest to buy a privately-owned clean energy business, sources said.

US Shelves Wyoming BLM Lease Sale Plans over Sage Grouse

BLM will instead sell eight parcels of oil and gas leases on more than 4,000 acres in the southeast corner of Wyoming, not located in sage grouse habitat, through the online auction platform EnergyNet.