PepsiCo Inc. has signed two agreements with Ørsted on Jan. 14 to purchase a portion of energy from the 298 MW Haystack wind project in Nebraska and the 367 MW Western Trail wind project in Texas.
Pipeline operator Kinder Morgan raised concerns over the pace of ramp-up in spending in top U.S. shale basins following a rebound in oil prices after beating Wall Street estimates for quarterly results.
Check out the latest oil and gas drilling activity highlights across the U.S. including a Marcellus discovery announced by Chesapeake Energy in Pennsylvania’s Bradford County plus the two strongest Haynesville Shale wells drilled to date in North Louisiana.
Here’s a snapshot of recent energy deals including the closing of ConocoPhillips’ $13.3 billion acquisition of Concho Resources, one of the largest independent shale producers in the Permian Basin.
Here’s a quicklist of oil and gas assets on the market including Unit Petroleum operated Kansas properties plus a nonop Barnett Shale position from Tokyo Gas.
The U.S. rig count rose by 10 in the last week, according to Enverus which also notes that the count is down less than 1% in the last month and down 50% year-over-year.
New Gulf of Mexico discovery by LLOG in the Mississippi Canyon Block 503 plus several Appalachian Basin completions including three Marcellus Shale discoveries from Chesapeake Energy top this week’s drilling activity highlights from around the world.