Here’s a roundup of the latest E&P headlines including a number of field development project contract awards.
Par Five Energy Services will be integrated within ProPetro Holding’s existing cementing team and operating team and brand.
In the “Wild West” of the carbon credit market, third-party validation and a minting process will help the nascent market, Houston-based Capturiant says.
At the meeting OPEC+ agreed to reduce its oil production by another 700,000 bbl/d – which will come from Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman.
Utilizing ABB’s products and services, Rio Grande LNG Phase 1 is expected to produce 17.6 million tonnes per annum (mtpa) of LNG.
Rebranded Vital focuses on proven strategy of buying up smaller private producers under the radar.
Vital Energy’s rapid growth in the Permian Basin stems from CEO Jason Pigott’s strategy of acquiring smaller private producers—one after the other.
The rules, two years in the making, were announced by U.S. officials at the U.N.’s COP28 climate change conference in Dubai. The U.S. and other nations attending the summit are expected to detail how they will achieve a 150-country pledge made two years ago to slash methane emissions by 30% from 2020 levels by 2030.
“Distinctly different,” Chesapeake Energy’s Marcellus and Haynesville shales have nevertheless fit together as complementary pieces of the E&P gas-focused holdings.
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