United States

Field Development , Seismic , Subsea

E&P Highlights: Dec. 4, 2023

Here’s a roundup of the latest E&P headlines including a number of field development project contract awards.

December 4, 2023

Acquisitions & Divestitures

ProPetro Acquires Permian Cementing Business Par Five Energy

Par Five Energy Services will be integrated within ProPetro Holding’s existing cementing team and operating team and brand.

December 4, 2023

CCS/CCUS , Finance

Carbon Capture Credits as Commodity: The Market Takes Shape

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.

December 4, 2023

Crude Oil , International

What's Affecting Oil Prices This Week? (Dec. 04, 2023)

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.

December 4, 2023

Technology , Liquefied Natural Gas (LNG)

ABB Awarded Order for LNG Phase 1 of Rio Grande Facility

Utilizing ABB’s products and services, Rio Grande LNG Phase 1 is expected to produce 17.6 million tonnes per annum (mtpa) of LNG.

December 4, 2023

Acquisitions & Divestitures , Mergers , Shale Plays

Vital Energy Rapidly Grows in Permian with Slew of Deals

Rebranded Vital focuses on proven strategy of buying up smaller private producers under the radar.

December 4, 2023

Acquisitions & Divestitures , The OGInterview , Mergers , Shale Plays

Buy and Buy: Vital Energy's M&A Strategy for the Permian

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.

December 4, 2023


US Lays Out Plan to Slash Methane from Oil and Gas at COP 28

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.

December 3, 2023

DUG Appalachia , Shale Plays

DUG Appalachia: Chesapeake Likes its Dual-basin Portfolio

“Distinctly different,” Chesapeake Energy’s Marcellus and Haynesville shales have nevertheless fit together as complementary pieces of the E&P gas-focused holdings.

December 1, 2023

Hall of Fame

Hart Energy at 50: How We’ve Grown

Founded in 1973 with a Rockies-focused magazine and a directory, Hart Energy today is the go-to source of internationally recognized print, digital, in-person conference, mapping and databases of market intelligence for U.S. and global energy leaders.

December 1, 2023