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SoCalGas) has debuted a proposal to develop a large green hydrogen energy infrastructure system (Angeles Link) to deliver clean, reliable renewable energy to the Los Angeles region. The post SoCalGas Offers Green Hydrogen Energy Infrastructure System to Decarbonize LA Basin appeared first on NGT News. California Gas Co.?(SoCalGas)
natural gas companies in the Marcellus/Utica, including Ascent Resources, CNX Resources, EQT Corporation, Equitrans Midstream Corporation (now part of EQT), Expand Energy Corporation, MPLX, and Seneca Resources. The post Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin first appeared on Marcellus Drilling News.
has entered into a two-year compressed natural gas (CNG) supply agreement with a large-scale, independent energy company located in the Permian Basin. Through this contract, the undisclosed energy company will displace the use of diesel fuel across its entire suite of operations with locally sourced CNG. Certarus Ltd.
Renewable energy developer, NextEra Energy (NYSE:NEE) is considering doubling its $20B investment in Texas, with the renewable energy company currently exploring land in the Permian Basin for development, Michele Wheeler, VP of regulatory and political affairs, revealed at the CERAWeek energy conference in Houston.
A project near Basin Electric’s Dry Fork Power Station, a 405-MW coal-fired power plant near Gillette, Wyoming, has become the first of four Department of Energy (DOE) selections to receive […] The post Dry Fork Secures Federal Funding Under $1B Large-Scale Carbon Capture Pilot Program appeared first on POWER Magazine.
New opposition has emerged surrounding a power plant Minnesota Power, Dairyland Power Cooperative, and Basin Electric Power Cooperative are teaming to build along the banks of the Nemadji River in […] The post Proposed Gas-Fired Power Plant in Wisconsin Faces New Opposition appeared first on POWER Magazine.
Azerbaijan and Georgia are asking the European Commission to grant special status to a Black Sea power line project that would expedite construction of an undersea cable enabling EU member states to import electricity from Caspian Basin nations.
Clean Energy Fuels Corp. LA County Metro has renewed its maintenance agreement with Clean Energy for six stations that will power 1,417 transit buses with an expected 137 million gallons of RNG for the length of the contract. has signed new fueling contracts, infrastructure expansions and RNG production projects.
These formations lie above parts of the Wolfcamp formation in the Permian Basin. In Basic Energy Services v. PPC Energy , No. 08-23-00218-CV in the El Paso Court of Appeals, PPC Energy operated several marginal wells producing from the Delaware Mountain Group.
SM Energy of Denver recently reported record oil production for 2024 and also a company record for yearend estimated net proved reserves. Estimated net proved reserves at yearend 2024 were 673 million barrels of oil equivalent, including 51 percent in south Texas, 34 percent in Midland Basin and 15 percent in Uinta Basin.
The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. A combination of rising energy prices, stable production, and economic expansion has positioned the region as a key driver of the U.S. Production Growth Despite Fewer Rigs Oil production in the Permian Basin increased to 6.5
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. OXY (Occidental) is the top oil producer , while Expand Energy is a strong gas producer despite minimal oil output. EQT is notable for its gas-heavy production profile.
and SAN FRANCISCO, March 10, 2025 (GLOBE NEWSWIRE) — Diversified Energy Co. (Oil and SAN FRANCISCO, March 10, 2025 (GLOBE NEWSWIRE) — Diversified Energy Co. PLC (NYSE: DEC, LSE: DEC) ( Diversified Energy ), FuelCell Energy, Inc. and DANBURY, Conn. and DANBURY, Conn. The partnership initiative, using U.S.-made
That unsung hero is energy and lots of it. As data centers and power plants are grappling with rising electricity demand fueled by AI technologies, natural gas is emerging as the primary energy source of this digital revolution. Natural gas has several characteristics that make it ideal for fueling AIs energy needs.
The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. oil and gas production, and ONEOK Inc. Bcf/d in 2025.
The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.
The Permian, Eagle Ford and Williston In this report, we will analyze the latest developments in the 3 largest US tight oil basins, which include the Permian, Williston, and the Eagle Ford. Together, these basins were producing over 7.5 million barrels of oil per day in May 2023, while outside these basins less than 1.2
By EDF Blogs By Nini Gu Data recently collected by EDF’s MethaneAIR project in 2023 reveals a striking difference in the emissions profiles between the two major Colorado basins: the Denver-Julesburg (D-J) in the east, and the Piceance in the west. The D-J Basin exhibited a 1.7%
In this report, we will analyze the latest developments in the 4 largest US tight oil basins, which include the Permian, Williston, Eagle Ford, and the Denver-Julesburg (DJ). Together, these 4 basins were producing over 8 million barrels of oil per day (b/d) in August 2023, while outside these basins less than 0.8
Kicking off the first large Permian deal of 2025, Diamondback Energy acquired part of the assets of Double Eagle IV for $4.1 Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] 5] Look for opportunities in less consolidated areas or other basins.
Senegals Petrosen and Mauritanias SMH worked alongside bp and Kosmos Energy to develop the Greater Tortue Ahmeyim LNG project situated on the maritime border of the two countries and producing first LNG in January 2025. UNOC is also advancing exploration in the Moroto-Kyoga basins, with preliminary studies aimed at uncovering new oil fields.
In this report, we will analyze the latest developments in the 4 largest US tight oil basins, which include the Permian, Williston, Eagle Ford, and the DJ. Together, these basins produced more than 7.2 Total production by basin The following overview shows the total tight oil production history for each of these basins.
The Woodlands-based Ring Energy said last week it will acquire assets in central basin platform from Lime Rock Resources in a cash-and-stock deal valued at $100 million. The post Ring Energy acquires assets in Andrews County from Lime Rock Resources appeared first on Permian Basin Oil and Gas Magazine.
The Wolf Bone Ranch 'strategically expands LandBridge's position in Reeves and Pecos Counties, Texas, an important region for both oil and natural gas production, and provides access to the Waha Gas market hub'.
Todays TRADITIONAL SUPER BASINS of oil & gas will not meet the challenges of sustainability and achieving Net-Zero by 2050. These are the ENERGY SUPER BAINS; While the oil and gas industry’s past is.
Supportive federal policies, growing LNG exports, and the energy transition will set the stage for strategic decisions across the U.S. Related: O&G Outlook for 2025 The post Energy Trends for 2025 appeared first on Permian Basin Oil and Gas Magazine. oil and gas sector trends in 2025. 1) Pro-Growth U.S.
With waters role in energy production more critical than ever, organizers of a fast-approaching annual conference on that subject promise that this year’s iteration will be the most impactful yet. PBWIEC provides a platform for companies to connect and showcase their leadership in sustainable water management and energy innovation.
The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Despite ongoing price volatilitymarked by repeated declinesdemand for expanded energy markets continues to surge.
The midstream energy sector is undergoing a transformative shift. This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. ” Energy Transfer (ET) Who Are the Key Players? energy production growth.
The Matterhorn Express Pipeline, due to begin service in September, will significantly increase natural gas pipeline capacity in the Permian Basin, according to a new analysis from the U.S. Energy Information Administration.
Findlay, Ohio-based MPLX said recently it agreed to acquire the remaining 55 percent interest in BANGL pipeline system from affiliates of Midlands Diamondback Energy and WhiteWater for $715 million. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine.
Circuit Court of Appeals decision to revoke a permit for Mountain Valley Pipeline, the Appalachian Basin and the United States are currently facing the consequences of delaying this critical energy project. economic growth and energy security, and will could send energy costs higher for.
Permian Basin from Avant Natural Resources and Franklin Mountain Energy for a combined price of about $3.9 Coterra completed the purchase of additional stakes in the U.S.
Already, the ocean is the largest carbon sink on the planet. It has kept a lid on our excess emissions but at a cost. The carbon dioxide (CO2) being absorbed by seawater is making it more acidic which is endangering all shellfish, crustaceans, phytoplankton, and corals.
For more than two decades, Energy Transfer has helped supply America with energy. In that time, weve become one of the largest and most diversified energy infrastructure companies in North America. The post Highlights from Energy Transfer’s 2023 Corporate Responsibility Report appeared first on Energy Transfer Facts.
Department of Energy (DOE) loan guarantee to support the fabrication and installation of a real-time methane emissions monitoring network in U.S. oil and gas production basins across Colorado, Kansas, New Mexico, North Dakota, Oklahoma, and Texas. Today, LPO announced a conditional commitment to LongPath Technologies, Inc.
The past several years have been challenging for Colorado oil and natural gas companies who are working to comply with stiff new regulations and surging demand following pandemic shutdowns, but the fundamentals of the Denver-Julesburg Basin remain strong. When has the DJ been uneconomic?”
On November 6, Energy Transfer reported its financial results for the third quarter of 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea, and CFO Dylan Bramhall. This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA over Q3 2023. Energy Transfer reported net income of $1.18
“Natural gas must be the fundamental underpinning of any reasonable Pennsylvania energy policy. We sit atop one of the largest natural gas basins in the world and supply more than 60 percent of Pennsylvanias electric generation, while delivering considerable consumer benefits across the state.
Maverick Natural Resources has operations in Texas and Oklahoma Diversified Energy (DEC) has agreed to acquire Maverick Natural Resources, a private-equity-backed oil and gas producer, in a deal valued at approximately $1.3 billion, factoring in Diversified Energys assumption of $700 million in Mavericks outstanding debt.
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