TGS Commences Multiclient 3D Seismic Project Offshore Malaysia
TGS said the Ramform Sovereign survey vessel was dispatched to the Penyu Basin in March.
U.S. Oil and Gas Output was Severely Hit by Winter Storm: John Kemp
U.S. oil production dropped sharply at the start of the year as exceptionally cold weather for ten days in the middle of January caused widespread freeze offs at oil wells. Nationwide crude and condensates output was down by almost 24 million barrels or 0.8 million barrels per day (b/d) in January 2024 compared with December …
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Exclusive: Despite Complexities, Carbon Capture has a ‘Huge’ Opportunity
Ken Gilmartin, the CEO of engineering company Wood, shares the importance of digitization’s role in traditional oil and gas and the energy transition, and overcoming challenges facing carbon capture, in this Hart Energy Exclusive interview.
Enterprise Increasing Permian NatGas Production
Enterprise Products Partners began service on two natural gas plants: the Leonidas in the Midland Basin and the Mentone 3 in the Delaware Basin, each with a capacity to process 300 MMcf/d of natural gas and 40,000 bbl/d of NGLs.
An Untapped Haynesville Block: Chevron Asset Attracts High Interest
Chevron’s 72,000-net-acre property in Panola County, Texas is lightly developed for the underlying Haynesville formation — and the supermajor may cut it loose.
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U.S. Crude Stocks Rise, Gasoline and Distillate Inventories Fall – EIA
U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending March 29, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.2 million barrels to 451.4 million barrels last week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.5 million-barrel draw. Oil futures pared …
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U.S. Won’t Award Contracts for Louisiana SPR Site Over Oil Price, Energy Department Says
The U.S. Department of Energy on Wednesday said it will not award oil supply contracts for Louisiana’s Bayou Choctaw Strategic Petroleum Reserve (SPR) site in August and September due to high oil prices. “We monitor market dynamics to remain nimble and innovative in our successful replenishment approach to protect this critical national security asset,” said …
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Mesa III Reloads in Haynesville with Mineral, Royalty Acquisition
After Mesa II sold its Haynesville Shale portfolio to Franco-Nevada for $125 million late last year, Mesa Royalties III is jumping back into Louisiana and East Texas, as well as the Permian Basin.
Kinder Morgan Nominates Deloitte’s Amy Chronis to Board
Amy Chronis, currently a senior partner with Deloitte, will stand for election along with Kinder Morgan’s current directors at the company’s annual meeting on May 8.