Chevron Pushing Longer Laterals in Argentina’s Vaca Muerta Shale
Chevron Corp., already drilling nearly 2.8-mile laterals at its Loma Campana Field in Argentina, wants to drill even longer horizontals, an executive told Hart Energy.
Rising Phoenix: The Anti-Permian Minerals Firm Buying … Permian
Rising Phoenix Minerals CEO Jace Graham said his boutique firm isn’t getting any bigger: The company doesn’t need a squad of infantry when “we’ve got a team of snipers.”
US Drillers Add Oil and Gas Rigs for First Time in Five Weeks, Baker Hughes Says
Sept 13 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks in the biggest weekly rise in a year, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future …
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ChampionX Releases New Plunger Lift Well Solution
The SMARTEN Unify control system is the first plunger lift controller in ChampionX’s SMARTEN portfolio.
Tidewater Midstream Completes $122MM Strategic Transaction
Tidewater Midstream and Infrastructure purchased assets from its renewables-focused subsidiary Tidewater Renewables.
Francine Closes, Restricts Oil Export Ports, Shuts in 42% of GoM Oil
In addition to hampering ports and refineries, an estimated 41.74% of Gulf of Mexico oil production, or 730,472 bbl/d, has been shut in.
HNR Increases Permian Efficiencies with Automation Rollout
Upon completion of a pilot test of the new application, the technology will be rolled out to the rest of HNR Acquisition Corp.’s field operators.
The Spirit of Fracking Comes to U.S. Lithium Mining
By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. “Fracking” is an expletive in environmental circles. Yet the spirit of shale is creeping into a business with transformational potential for …
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U.S. Locks in Steep China Tariff Hikes, Many to Start Sept. 27
Summary USTR maintains tariffs of 100% on Chinese EVs, 50% on semiconductors, 25% on batteries, steel USTR doubles tariffs on Chinese face masks, surgical gloves syringes US adds China tariff exclusions on five machinery categories White House adviser says tariffs counteract ‘unfair’ China EV cost advantage Sept 13 (Reuters) – The Biden administration on Friday …
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1PointFive’s South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding
HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) — 1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub. The award is a milestone in furthering commercial-scale …