- Joe Barone, Shale Directories
- Blog
- February 15, 2019
Making EQT into Rice Energy not possible
EQT Corp. executives performed the usual financial presentations and back and forth discussion with a handful of analysts during Thursday’s fourth-quarter/full-year conference call.- Joe Barone, Shale Directories
- Blog
- February 15, 2019
EQT’s production rises, losses add up
EQT Corp., locked in what could be a very nasty proxy fight with leaders of the company it bought that made it No.- Joe Barone, Shale Directories
- Blog
- February 14, 2019
Williams, Targa ink NGL pacts to link Conway, Mont Belvieu
Infrastructure giant Williams and midstreamer Targa Resources Wednesday announced roughly $550 million to $600 million in natural gas liquids pacts and pipeline projects to link Conway, Kansas, and Mont Belvieu, Texas.- Joe Barone, Shale Directories
- Blog
- February 14, 2019
Crude prices rise, bolstered by Saudi output cuts
Crude oil prices rose Wednesday after top exporter Saudi Arabia said it would cut crude exports and cut even more from its production, with ever-growing U.S.- Joe Barone, Shale Directories
- Blog
- February 14, 2019
Rice Brothers ask EQT to return annual meeting to April
The Rice Brothers won’t let EQT Corp’s management or board forget they’re sitting on the independent producer’s doorstep, ready to take over the company that took over their company in late 2017.- Joe Barone, Shale Directories
- Blog
- February 13, 2019
EQT, royalty owners reach tentative deal on class action royalty claims
EQT Corp., the U.S.’s largest natural gas producer, today announced it’s reached a tentative settlement agreement with West Virginia landowners who are part of a statewide class action lawsuit concerning royalties.- Joe Barone, Shale Directories
- Blog
- February 13, 2019
Crude rises as Saudis plan steeper oil supply cuts
Crude oil prices rose more than 1% Tuesday on steep Opec production cuts and Saudi Arabia’s plan to drop March crude output by more than 500,000 barrels per day below its pledged reduction.- Joe Barone, Shale Directories
- Blog
- February 12, 2019
EQT Acquires Kodiak Gas Services
Sweden’s EQT Infrastructure III fund announced Monday it’s acquired U.S. contract compression company Kodiak Gas Services from private investment firm The Stephens Group for an undisclosed price.- Joe Barone, Shale Directories
- Blog
- February 12, 2019
Venezuela oil czar courts India to buy more crude
Venezuela’s oil minister made a surprise appearance at an energy event in India as the Opec producer seeks closer ties with major crude customers due to U.S.- Joe Barone, Shale Directories
- Blog
- February 11, 2019
Blue Ridge shareholders approve merger with Eclipse
Eclipse Resources and Blue Ridge Mountain Resources said today Blue Mountain’s shareholders have approved Eclipse’s all-stock deal for its fellow Utica Shale independent producer.- Joe Barone, Shale Directories
- Blog
- February 11, 2019
Polar vortex breaks records in natural gas consumption
Cold weather and a polar vortex covered much of the Lower 48 U.S. states from Jan. 29–31, resulting in record natural gas consumption in the country, the Energy Information Administration reports.- Joe Barone, Shale Directories
- Blog
- February 8, 2019
CNX announces 7.9 Tcfe increase in proved reserves
Independent producer CNX Resources said Thursday its total proved reserves reached 7.9 trillion cubic feet-equivalent (Tcfe) as of Dec. 31, 2018, up 4% from 2017’s total.- Joe Barone, Shale Directories
- Blog
- February 8, 2019
U.S. shale players to drill, complete 20,000 wells in 2019
Operators in U.S. shale plays are on track to drill and complete more than 20,000 wells this year, an 8% increase over 2018, according to a new report from Energent, Westwood Global Energy Group’s unconventional-focused research unit.- Joe Barone, Shale Directories
- Blog
- February 8, 2019
Vistra acquiring Crius, creates large residential power provider
Vistra Energy and Crius Energy Trust said Thursday Vistra will acquire Crius Energy for roughly $436 million, including the assumption of $108 million of debt.- Joe Barone, Shale Directories
- Blog
- February 8, 2019
Crude oil plunges, as U.S.-China trade dispute impacts demand outlook
Crude oil prices plunged Thursday as the market weighed concerns global demand growth would fall in 2019. A rebound from late December lows seemed to stall due to worries a trade war between the U.S.- Joe Barone, Shale Directories
- Blog
- February 7, 2019
Crude oil rises Wednesday on tightening supply
Crude oil prices rose Wednesday, helped by signs of strong U.S. demand for distillate products and tightening global crude supply. Gains were capped by a rising U.S.- Joe Barone, Shale Directories
- Blog
- February 6, 2019
U.S., Brent crudes fall as weak factory data feeds demand angst
Crude oil prices fell in roller coaster trading Tuesday, pulling back from two-month highs after weak U.S. factory orders data revved up economic slowdown worries.- Joe Barone, Shale Directories
- Blog
- February 6, 2019
Goodnight Midstream places 2 line systems into service
Water infrastructure company Goodnight Midstream said Tuesday it placed two produced water pipelines into commercial service with a combined pipeline throughput capacity of 600,000 barrels per day.- Joe Barone, Shale Directories
- Blog
- February 5, 2019
Blackstone forms Waterfield Midstream in the Permian
Funds managed by Blackstone’s Blackstone Energy Partners have formed and funded Waterfield Midstream, a water management service provider in the Permian Basin, armed with a $500 million equity commitment.- Joe Barone, Shale Directories
- Blog
- February 5, 2019
Noble, Apache, Diamondback affiliates exercise options
EPIC Midstream Holdings on Monday said Noble Midstream Partners exercised its option for a 30% equity stake in the EPIC Crude Pipeline Project, and a 15% equity stake in the EPIC NGL Pipeline.- Joe Barone, Shale Directories
- Blog
- February 5, 2019
Nat Fuel gets 3-year deadline extension for Northern Access
National Fuel was granted a three-year deadline extension from the Federal Energy Regulatory Commission to complete a pipeline that would flow natural gas from the Marcellus Shale of northern Pennsylvania into Canada.- Joe Barone, Shale Directories
- Blog
- February 4, 2019
First Infrastructure buys WhiteWater Midstream
WhiteWater Midstream and its financial sponsors, Denham Capital Management, and Ridgemont Equity Partners, said today they’re selling WhiteWater to funds managed by First Infrastructure Capital Advisors.- Joe Barone, Shale Directories
- Blog
- February 4, 2019
Crude oil rises on strong U.S. jobs data, sanctions
West Texas Intermediate and Brent crude oil prices rose Friday, after positive U.S. jobs data strengthened expectations for higher fuel demand, plus signs U.S.- Joe Barone, Shale Directories
- Blog
- February 2, 2019
ExxonMobil ramping up Permian production
ExxonMobil is ramping up its Permian Basin production in West Texas and New Mexico, Kallanish Energy reports. It also reported last week its Q4 2018 liquids production was up 4% from one year earlier, driven by Permian production.- Joe Barone, Shale Directories
- Blog
- February 2, 2019
Xom, Qatar Petro expected to move $10B project ahead
ExxonMobil (Xom) and Qatar Petroleum are expected to announce, perhaps as early as this week, they will proceed with a $10 billion liquefied natural gas export facility in Texas.Working-rig count slips in latest survey
The number of rigs working onshore in the Lower 48 U.S. states during the week ended Feb. 1, dropped by nine, the latest survey by oilfield services firm Baker Hughes, a GE company, reveals.- Joe Barone, Shale Directories
- Blog
- February 1, 2019
ExxonMobil streamlining upstream organization to assist growth
ExxonMobil said Thursday it will streamline its upstream organization and centralize project delivery companywide to support previously announced plans to double operating cash flow and earnings by 2025.- Joe Barone, Shale Directories
- Blog
- February 1, 2019
Oil surges by double-digit percentages
Crude oil prices surged in January, posting its best January performance in years, breaking a three-month losing streak that saw futures lose nearly half their value.- Joe Barone, Shale Directories
- Blog
- January 31, 2019
Oil rises on tighter U.S. supply, Venezuela sanctions
Crude oil prices rose Wednesday, boosted by U.S. government data that showed signs of tightening supply, while investors remain concerned about supply disruptions following U.S.- Joe Barone, Shale Directories
- Blog
- January 31, 2019
GE combining renewable and power grid assets
Beleaguered multinational conglomerate General Electric said Wednesday it will consolidate all of the company’s renewable and power grid assets into a single Renewable Energy business.- Joe Barone, Shale Directories
- Blog
- January 31, 2019
Capline Pipeline announces binding open season
Capline Pipeline Company LLC on Wednesday initiated a three-month, binding open season for Capline’s southbound service from Patoka, Illinois, to St.- Joe Barone, Shale Directories
- Blog
- January 30, 2019
WTI, Brent crudes rise after U.S. slaps sanctions on Venezuela
Crude oil prices rebounded Tuesday from steep losses in Monday’s trading session after the Trump administration imposed sanctions on Venezuelan state-owned oil company PDVSA, in a move designed to cut the country’s crude exports.- Joe Barone, Shale Directories
- Blog
- January 30, 2019
Clear Creek Midstream closes $300M EnCap equity commitment
Clear Creek Midstream announced Tuesday it has secured an initial venture capital commitment of $300 million from private equity firm EnCap Flatrock Midstream.- Joe Barone, Shale Directories
- Blog
- January 30, 2019
Continental offers update on Project Springboard
The initial crude oil production from Project Springboard in Oklahoma are within company expectations, Continental Resources’ president Jack Stark reported Tuesday.- Joe Barone, Shale Directories
- Blog
- January 29, 2019
Sempra planning sale of Peruvian, Chilean businesses
Sempra Energy said Monday that, as part of its focus on North American markets, the company will sell its equity interests in its South American businesses, including Luz del Sur S.A.A.- Joe Barone, Shale Directories
- Blog
- January 29, 2019
Trump levels sanctions against Maduro, PDVSA
The Trump administration Monday announced billions of dollars in new sanctions against Venezuelan President Nicolas Maduro and the country’s state-owned oil company, PDVSA, five days after President Trump formally recognized Juan Guaido as Venezuela’s legitimate leader.- Joe Barone, Shale Directories
- Blog
- January 29, 2019
SandRidge names new president & CEO
Independent producer SandRidge Energy announced Monday its board has appointed Paul D. McKinney as president and CEO, effective today. McKinney succeeds the company’s interim president and CEO, William M.- Joe Barone, Shale Directories
- Blog
- January 27, 2019
Tesla, gasoline-powered cars line ’em up
I must come clean upfront: I am a Baby Boomer. I grew up during a time when so-called muscle cars really had muscle.- Joe Barone, Shale Directories
- Blog
- January 27, 2019