Second Pearsall Wildcat in Frio County IPs 1,300 bbl/d
Formentera Partners’ second Pearsall well joins Indio Tanks-Pearsall Field’s first modern frac job Hurrikain Cat I-STX, which IP’ed 1,499 bbl earlier this year.
Excelerate Starts $700MM Notes Offering to Fund New Fortress LNG Deal
Excelerate Energy plans to use the funds to pay for its recent $1.055 billion acquisition of New Fortress’ LNG import business in Jamaica.
TDK Ventures Announces Launch of $150MM Fund 3
TDK Ventures’ newest fund will focus on AI, data centers, materials, climate tech and more.
Scout Surface Solutions Acquires Kinetic to Expand Offerings
Scout Surface Solutions LLC is expanding its oil and gas services with the acquisition of Kinetic Pressure Control.
Anaergia to Build 9 Biomethane Facilities in Europe Totaling 556,000 MWh
Anaergia Inc. has plans to build nine biomethane production facilities from agro-industry waste in Portugal, Spain and Italy.
Industry Professional Stephanie Reed Resigns from Tamboran’s Board
Stephanie Reed joined Tamboran Resources’ board as non-executive director in September 2023.
What’s Affecting Oil Prices This Week? (April 21, 2025)
Stratas Advisors predict that the growth in non-OPEC supply will be muted by the uncertainty of low oil prices, including supply associated with U.S. shale producers, which are facing financial and operational pressures because of lower oil prices.
US Stocks, Dollar Sink as Trump’s Criticism of Fed Chair Worries Investors
U.S. stock indexes fell and the dollar index slid to a three-year low on Monday as U.S. President Donald Trump’s continued attacks on the Federal Reserve chair and the bank’s monetary policy rattled investors.Safe-haven gold prices hit another record high, while the Swiss franc also rose. Benchmark U.S. Treasury yields edged higher. Trump on Monday …
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Recurrent Powers Up 127-MW Solar Farm in Louisiana
Recurrent Energy’s Bayou Galion solar farm is located on more than 1,000 acres in Morehouse Parish.
Chevron, TotalEnergies Start Oil Production from Ballymore Project in GoM
The Ballymore project is the third Gulf project to come online in the past year for Chevron Corp.