Darren
Barbee
Oil and Gas Investor
NOG Commits Up to $160MM to Appalachian Basin Joint Venture
Northern Oil and Gas has entered a joint development program with an Appalachian Basin operator, which wasn’t named, in exchange for a 15% working interest, the company said.
Freshly Public New Era Touts Net-Zero NatGas Permian Data Centers
New Era Helium and Sharon AI have signed a letter of intent for a joint venture to develop and operate a 250-megawatt data center in the Permian Basin.
Nabors, ProPetro Plan to Deliver High Voltage to Drillers
Nabors Industries, in partnership with e2Companies, and, separately, ProPetro Holding Corp., both launched oilfield electrification solutions on Dec. 10.
Enphase, NextEnergy Partner on Energy Management Services in the Netherlands
The collaboration enables owners of Enphase Energy’s battery technology to participate in NextEnergy’s dynamic tariff program and join its virtual power plant.
BP, Pulling Back from Renewables, Enters $5.8B JV with JERA
The 50-50 joint venture with JERA takes shape as BP pulls back from renewables to focus on higher returns and cash flow generation.
CRC's Carbon TerraVault, Net Power to Develop Low Emissions Power Plants
California Resources Corp.'s Carbon TerraVault and Net Power will conduct feasibility studies on locating power plants near underground CO2 storage vaults, according to a news release.
Dow Sells Stake in Gulf Infrastructure Assets to Begin Partnership with Macquarie
Macquire and Dow launch Diamond Infrastructure Solutions to service Dow manufacturing sites along the Gulf Coast in a $2.4 billion deal.
Matador Consolidates Midstream Subsidiary, JV in $600MM Deal
Matador is merging its Delaware Basin Pronto Midstream subsidiary with its San Mateo Midstream joint venture with Five Point Energy to showcase assets an analytical firm called "underappreciated."
Shell, Equinor JV to Create UK’s Largest Independent Oil, Gas E&P
The joint venture will produce more than 140,000 boe/d in 2025, Shell said. In the U.K., Equinor currently averages 38,000 boe/d and Shell 100,000 boe/d.
Q&A: How EthosEnergy Keeps the Oil and Gas World Spinning
EthosEnergy CEO Ana Amicarella says power demands and tools are evolving onshore and offshore and for LNG and AI.