Producers described external “chaos” and “antics” as well as “noise” and “turmoil” in trying to manage their E&Ps, according to quarterly survey results from the Dallas Federal Reserve Bank.
Producers have injected more than 100 Bcf into storage for seven straight weeks, a streak that has only been matched one other time in the EIA's records.
Working gas stocks remain above the five-year average, according to the EIA.
Lower pump prices are in the consumer’s favor in the short term, but in the long term … it’s complicated.
Here’s a roundup of the latest E&P headlines, including a natural gas discovery offshore by Exxon Mobil.
Raymond James’ E&P analyst John Freeman last delved into the Delaware Basin in 2023. This year, Permian Resources ranked last when comparing market valuation to core, future well locations.
United Energy Corp. and Power LNG agreed to a merger aimed at developing small-scale liquefaction sites designed for regional demand. The merged company will be named United Energy LNG.
BP named Simon Henry, who was previously the CFO at Shell, as a non-executive director, days after reports of a potential merger with Shell.
EnCap Investments and its portfolio companies no longer need to seek Federal Trade Commission approval to make oil and gas deals in the Uinta Basin—a condition imposed during the Biden administration.
The Eastern Panhandle Expansion pipeline will bring 47 MMcf/d to developing areas in West Virginia, TC Energy said.
A consortium led by Exxon Mobil has found a reservoir of natural gas at a prospect off the island's coast, a Cypriot government spokesperson said on July 7.
With the uncertainty generated by the tariffs and a higher-than-expected increase in supply from OPEC+, for the upcoming week, Stratas Advisors expect that oil prices will be under pressure – and the price of Brent crude could test $66.
U.K.-based E&P Ithaca Energy closed an acquisition of North Sea interests from Japan Petroleum Exploration Co. (Japex).
Ten years since Surge Energy incorporated and took a chance on difficult terrain, the privately held producer sets its sights on organic growth and corporate acquisitions.