Texas Critical Data Centers LLC, the joint venture between New Era Helium and Sharon AI, is expected to close on its land acquisition site for a data center campus in the Permian.
After raising $35 million from Invictus, energy-focused AI developer Novi Labs expects to launch its unique machine learning platform into other energy sectors outside of oil and gas— and possibly buy a company or two while it’s at it.
Researchers at Southwest Research Institute and UT Austin say they have found a way to squeeze more oil from reservoirs and to keep sequestered carbon from migrating to the surface using supercritical CO2 foam injection.
Baker Hughes' CO2 compression technology will be used for CO2 re-injection as part of Eni’s Liverpool Bay carbon capture and storage project.
Privately held producer Greylock Energy gains traction in both upstream and midstream deal-making, boosting build-out in Appalachia and the Rockies.
Texas Critical Data Centers LLC, the joint venture between New Era Helium and Sharon AI, is expected to close on its land acquisition site for a data center campus in the Permian.
Chord Energy shareholders are reaping the benefits from the Bakken E&P’s foray into drilling longer laterals, though a further dip in oil prices could cause the company to hunt for acquisitions at the low point in the cycle.
Lydian Energy secured $233 million in project financing from ING and KeyBank to advance battery energy storage system projects in Texas’ ERCOT market.
Hilcorp Energy made two horizontal recompletions in vintage wells in the area, while Mitsui E&P USA has pulled four permits, according to Texas Railroad Commission files.
E&Ps are being faced with the challenge of what to do with a whopping 22 MMbbl/d of produced water this year. The problem could be an opportunity for midstream companies or those hoping to capitalize on beneficial reuse solutions.
Fermi, co-founded by a former U.S. Energy Secretary Rick Perry, is looking to build four nuclear plants that would supply power to hyperscalers.
Touchstone Exploration Inc. drilled its Cascadura-5 development well onshore Trinidad and Tobago on time and within budget after encountering “encouraging” data.
The company’s technology produces renewable natural gas from anaerobic digesters, waste-water treatment plants and landfills using a biomimicry process.
After raising $35 million from Invictus, energy-focused AI developer Novi Labs expects to launch its unique machine learning platform into other energy sectors outside of oil and gas— and possibly buy a company or two while it’s at it.