Western Gateway, a Phillips 66 and Kinder Morgan project, aims to ease a West Coast fuel deficit by moving Midcontinent products into growing western markets.
Among the 12 new permits, 11 were pulled by the play's founder, Formentera Resources. The target is the Pearsall Formation's oily window updip of where the rock's deposition is deeper, thus gassy. A ...
Months and states apart, two veteran explorers told oil and gas industry members to figure out how to take some vintage wildcat risk-taking again, while not alarming this decade’s risk-phobic E&P ...
Occidental Petroleum’s Permian Basin assets, including secondary zones like the Barnett, now make up 70% of the company’s total resource of 16.5 Bboe.
The U.S. Department of Energy is lending Constellation Energy Corp. a $1 billion to reopen the Three Mile Island nuclear power plant, now rebranded as the Crane Clean Energy Center.
President Trump might want world oil supply pared if WTI falls into the $30s. Trump might step in on LNG exports if Henry Hub spot prices soar to $10/MMBtu for natural gas. The 12-month Nymex gas ...
Coastal Bend LNG is developing an EMAR solution at MIT to reduce carbon capture costs from the industry standard of $80-$100 per ton to $50-$60 per ton.
Comstock Resources has quietly built a massive new Haynesville and Bossier shale position north of Houston—more than 500,000 net acres with potential for up to 99 Tcf of gas. In an exclusive interview ...
MIDLAND, Texas—Center-stage at the Horseshoe Arena in the heart of the Permian Basin, Diamondback Energy CEO Kaes Van’t Hof served up a long-term bullish outlook on U.S. oil, noting that the industry ...
Suncor Energy is appointing Troy Little to be CFO with the retirement of Kris Smith, who is leaving after 25 years with the Canadian operator, Suncor announced in an Oct. 14 news release.
If private equity portfolio companies want to get more resource, they will also have to get more creative, said Andrew Dittmar at Hart Energy’s A&D Strategies and Opportunities Conference.