- Joe Barone, Shale Directories
- Blog
- April 18, 2019
Duc total slips slightly in March
The number of Ducs, drilled, but uncompleted wells, located in the Lower 48 U.S. states’ seven most productive unconventional basins/plays fell slightly from February to March, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 17, 2019
Crude production projected to rise 80,000 Bpd
Crude oil production from the seven most productive unconventional plays/basins in the Lower 48 U.S. states will increase 80,000 barrels per day from April to May to a new record, the Energy Information Administration projects.- Joe Barone, Shale Directories
- Blog
- April 16, 2019
U.S. exports 2 Mmbpd of crude in 2018
In 2018, U.S. exports of crude oil rose to 2.0 million barrels per day (Mmbpd) — nearly double the 1.2 Mmbpd rate in 2017 — the Energy Information Administration reports.- Joe Barone, Shale Directories
- Blog
- April 16, 2019
Tellurian looking to partner with Middle East investors
U.S. liquefied natural gas exporter Tellurian is looking for Middle East investors for its planned $30 billion Driftwood LNG project, and looks to finalize its investment decision by July 1, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- April 15, 2019
Medallion Delaware, Medallion line announce open season
Medallion Delaware Express and Medallion Pipeline said Friday they are conducting a binding open season to support an expansion of the Delaware Express and Medallion pipeline systems for an expanded joint tariff service.- Joe Barone, Shale Directories
- Blog
- April 15, 2019
Working gas injected for 2nd straight week
In what generally signals spring and warmer weather have arrived, natural gas was injected, not pulled from, underground for the second consecutive week in the latest Energy Information Administration survey, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 12, 2019
Brightmark closes $260M financing for plastics-to-fuel plant
Waste and energy development company Brightmark Energy Thursday announced the closing of a $260 million financing package for construction of the nation’s first commercial-scale plastics-to-fuel plant, to be built in Ashley, Indiana.- Joe Barone, Shale Directories
- Blog
- April 11, 2019
Natural gas consumption projected to jump in 2019
The Energy Information Administration expects U.S. natural gas consumption to increase by 2.5 billion cubic feet per day (Bcf/d) (3.0%) in 2019, according to EIA’s just-released Short-Term Energy Outlook (Steo), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 11, 2019
U.S. Ngcc capacity surpasses coal-fired capacity
The amount of generating capacity from natural gas-fired, combined-cycle (Ngcc) power plants in 2018, surpassed coal-fired plants as the technology with the most electricity generating capacity in the U.S.- Joe Barone, Shale Directories
- Blog
- April 11, 2019
Trump signs orders making it tougher to block pipelines
President Trump Wednesday signed two executive orders designed to eliminate hurdles to new and existing natural gas pipeline construction nationwide, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 10, 2019
Executive order aims to prevent states from blocking pipelines
President Trump today will sign an executive order designed to prevent states from blocking pipelines and other energy infrastructure by using authority they feel is afforded them under the federal Clean Water Act, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 9, 2019
Callon divests non-core assets in $260M deal
Houston-based independent producer Callon Petroleum said Monday it’s entered into a deal to sell certain non-core assets in the Midland Basin to an unnamed buyer for $260 million in cash.- Joe Barone, Shale Directories
- Blog
- April 9, 2019
Pressure pumping HP demand set to rise in 2019
Pressure pumper horsepower will increase in Q2, rebounding from a sluggish end to 2018, according to the new U.S. Horsepower Outlook report, offered by Westwood’s Global Energy Group.- Joe Barone, Shale Directories
- Blog
- April 5, 2019
Governor approves review of Mass. natgas lines
Massachusetts Gov. Charlie Baker has signed legislation funding an examination of the state’s natural gas distribution system, a move prompted by recent gas pipeline explosions, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 4, 2019
PG&E names new CEO, 10 new directors to be appointed
Embattled PG&E Corp. and its utility Pacific Gas and Electric, on Wednesday announced the appointment of William “Bill” Johnson as president and CEO, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 4, 2019
Federal judge places new probation terms on PG&E
A federal judge in San Francisco is barring utility giant Pacific Gas and Electric from re-issuing dividends in favor of using the funds for reducing the risk of wildfires in the company’s service area.- Joe Barone, Shale Directories
- Blog
- April 3, 2019
Shell enters into 20-year deal with Rio Grande LNG
The liquefied natural gas arm of oil supermajor Royal Dutch Shell has become the first customer of NextDecade’s proposed $15 billion Rio Grande LNG export terminal at the Port of Brownsville, Texas.- Joe Barone, Shale Directories
- Blog
- April 1, 2019
Citgo secures $1.2B in long-term financing
U.S. refiner Citgo Petroleum said last week it received $1.2 billion in financing via a five-year Term Loan B, with participation from roughly 35 financial institutions.- Joe Barone, Shale Directories
- Blog
- April 1, 2019
Bankruptcy judge approves Dip loan for PG&E
Bankrupt California power provider PG&E Corp. won court approval last week for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes.Working-rig count drops for 6th straight week
The number of working rigs onshore in the Lower 48 U.S. states last week fell for the sixth consecutive week, and now is only seven rigs ahead of last year’s total.- Joe Barone, Shale Directories
- Blog
- March 30, 2019
Working gas pulled from storage slips
The volume of working natural gas withdrawn from underground storage in the most recent Energy Information Administration weekly survey fell to double from triple digits for the second straight week.- Joe Barone, Shale Directories
- Blog
- March 29, 2019
TransAlta shareholder intends to offer dissident board candidates
Power giant TransAlta Corp. said this week it’s received notice investment firm Mangrove Partners intends to nominate five candidates for election to the company’s board.- Joe Barone, Shale Directories
- Blog
- March 29, 2019
Group takes oil refinery fight to North Dakota’s high court
An environmental group is taking its battle against an oil refinery being developed near Theodore Roosevelt National Park to the North Dakota Supreme Court.- Joe Barone, Shale Directories
- Blog
- March 28, 2019
U.S. crude inventories rise by 2.8 Mmbbl
U.S. crude oil inventories for the week ended March 22 (excluding the Strategic Petroleum Reserve), increased by 2.8 million barrels (Mmbbl) from the previous week, according to Energy Information Administration data.- Joe Barone, Shale Directories
- Blog
- March 28, 2019
Allete closes $270M sale of U.S. Water Services
Minnesota-based energy company Allete said Wednesday it’s closed the $270 million sale of U.S. Water Services to Kurita Water Industries Ltd., a Japan-based water-management company.- Joe Barone, Shale Directories
- Blog
- March 27, 2019
Kimbell Royalty closes deal with EnCap
Kimbell Royalty Partners said Monday it’s closed the previously announced purchase of oil and gas royalty assets from EnCap Investments for roughly $171.6 million in Kimbell Royalty Operating stock.- Joe Barone, Shale Directories
- Blog
- March 26, 2019
ET, Shell ink pact to move LNG project closer to Fid
Energy Transfer (ET) and Shell U.S. LNG on Monday signed a Project Framework Agreement (Pfa) that provides the basis to further develop a large-scale liquefied natural gas export facility in Lake Charles, Louisiana.- Joe Barone, Shale Directories
- Blog
- March 26, 2019
Kinder Morgan backs out of offshore crude terminal
Houston pipeline operator Kinder Morgan has sold its stake in a proposed offshore crude oil export terminal in the Gulf of Mexico known as Texas COLT, the company confirmed Monday.- Joe Barone, Shale Directories
- Blog
- March 25, 2019
U.S. natgas consumption sets record in 2018
U.S. natural gas usage jumped 10% in 2018, to a record 82.1 billion cubic feet per day (Bcf/d), the Energy Information Administration reported.- Joe Barone, Shale Directories
- Blog
- March 25, 2019
U.S. imports zero Venezuelan heavy crude
The combination of President Trump’s sanctions and the economic chaos that is Venezuela combined during the week ended March 15 to zero-out U.S.- Joe Barone, Shale Directories
- Blog
- March 22, 2019
Rice brothers announce director nominees for EQT board
Toby Z. and Derek A. Rice have delivered on a months-ago promise to EQT Corp.’s board and management to run their own people to man the independent producer’s board.- Joe Barone, Shale Directories
- Blog
- March 21, 2019
U.S. judge blocks O&G drilling over climate change
A federal judge has blocked oil and gas drilling across roughly 500 square miles of Wyoming territory, saying the U.S. government must consider climate change impacts more broadly as it leases huge areas of public land for energy exploration.- Joe Barone, Shale Directories
- Blog
- March 21, 2019
U.S. crude inventories plunge on strong exports, refining demand
U.S. crude oil inventories last week fell by 9.6 million barrels (Mmbbl), the most in eight months, aided by strong export and refining demand, the Energy Information Administration reported Wednesday.- Joe Barone, Shale Directories
- Blog
- March 20, 2019
Tallgrass Energy promotes Moler to president
Midstreamer Tallgrass Energy this week announced the promotion of chief operating officer Bill Moler to president, effective immediately. The Kansas-based company said David G.- Joe Barone, Shale Directories
- Blog
- March 18, 2019
ArcLight affiliate acquiring American Midstream
American Midstream Partners announced this morning an affiliate of private equity firm ArcLight Energy Partners is acquiring the midstreamer in an all-cash deal valued at $5.25 per share.- Joe Barone, Shale Directories
- Blog
- March 18, 2019
Dominion to keep Connecticut’s Millstone nuclear plant online
Dominion Energy said Friday it reached a 10-year deal with Connecticut utilities to keep the state’s only nuclear power plant in service.- Joe Barone, Shale Directories
- Blog
- March 18, 2019
Ex-transportation czar to oversee safety efforts of NiSource
The utility company blamed for last September’s natural gas explosions and fires in Massachusetts has tapped former U.S. Secretary of Transportation Ray LaHood to oversee its safety efforts.- Joe Barone, Shale Directories
- Blog
- March 15, 2019
Citgo’s new chairwoman reassures O&G industry
Luisa Palacios, Citgo Petroleum’s recently appointed chairwoman, reassured the energy industry this week the Houston-based refiner remains reliable, despite the political and economic crisis that’s crippled its parent, Venezuela’s national oil company, PDVSA.- Joe Barone, Shale Directories
- Blog
- March 15, 2019
U.S. installs 10,600 MW of solar in 2018
The U.S. installed 10,600 megawatts of solar photovoltaic (PV) capacity in 2018, according to a new report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (Seia). The total solar installed is down 2% compared to 2017, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 14, 2019
Antero Resources receives $297M from Antero Midstream melding
Colorado-based Antero Resources said Wednesday it’s received $297 million in cash related to the melding of Antero Midstream Partners (AM) and its general partner entity, Antero Midstream GP (Amgp).- Joe Barone, Shale Directories
- Blog
- March 14, 2019
Inter Pipeline plans $600M petchem plant
Calgary-based Inter Pipeline has plans to build a $600 million petrochemical project near Edmonton, Alberta, Kallanish Energy reports. The province of Alberta has agreed to provide $70 million in royalty credits under Premier Rachel Notley’s Made-in-Alberta energy diversification strategy.- Joe Barone, Shale Directories
- Blog
- March 12, 2019
Antero Midstream, Amgp announce simplification approval
Antero Midstream Partners (AM) and the partnership’s general partner, Antero Midstream GP (Amgp), said Monday AM’s unitholders and Amgp’s shareholders voted to approve the previously announced “simplification” transaction between the companies.- Joe Barone, Shale Directories
- Blog
- March 12, 2019
OIl. natgas production soars in Ohio’s Utica
Crude oil production in Ohio’s Utica Shale play increased by 38.56% from the fourth quarter of 2017, to the final three months of 2018, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 8, 2019
Hess Infrastructure closes buy of Hess Corp.’s Bakken water business
Hess Infrastructure Partners, a midstream joint venture between Hess Corp. and Global Infrastructure Partners, has closed the $225 million cash deal for Hess’ Bakken water services business.- Joe Barone, Shale Directories
- Blog
- March 8, 2019
Rio Grande LNG leases acreage at Port of Brownsville
The proposed $15 billion Rio Grande LNG export terminal and pipeline at the Port of Brownsville, Texas, took a big step forward this week when the Brownsville Navigation District awarded Rio Grande LNG a 30-year lease for 984 acres of land along the Brownsville Ship Channel.- Joe Barone, Shale Directories
- Blog
- March 7, 2019
Natural gas helped New Yorkers save nearly $30.9B over decade
New York state saved nearly $30.9 billion between 2006 and 2016, due to increased natural gas production, according to data released by the Consumers Energy Alliance (Cea), based on calculations by Orion Strategies.- Joe Barone, Shale Directories
- Blog
- March 7, 2019
GOP senators introduce bill to speed up Ferc process
A group of Republican senators has reintroduced a bill to reduce wait times for federal approval of energy infrastructure projects, including liquefied natural gas projects and pipelines.- Joe Barone, Shale Directories
- Blog
- March 6, 2019
Blm approves Wyoming pipelines for enhanced oil recovery
The U.S. Bureau of Land Management has approved construction of two 243-mile twin pipelines across Wyoming, Kallanish Energy reports. The project would transport carbon dioxide from southwest Wyoming for use in enhanced oil recovery in Wyoming, Montana and North Dakota.- Joe Barone, Shale Directories
- Blog
- March 6, 2019
FPL plans to build 4 solar power plants in 2019
Florida Power & Light Co. (Fpl) announced plans to build four new solar power plants in Florida this year for an undisclosed price, with all expected to begin providing power in early 2020.- Joe Barone, Shale Directories
- Blog
- March 4, 2019
NGL Energy closes buy from DCP Midstream
NGL Energy Partners said it’s closed the previously announced deal to acquire seven natural gas liquids terminals in the Eastern U.S.- Joe Barone, Shale Directories
- Blog
- March 4, 2019
Hedge fund nominates 13 candidates for PG&E board
Hedge fund BlueMountain Capital, which owned roughly 1.55% of outstanding shares in bankrupt utility Pacific Gas & Electric at Dec. 31, 2018, announced Friday it’s nominated 13 candidates for election to the company’s board.Working-rig total falls by eight
The number of rigs working onshore in the Lower 48 U.S. states last week dropped by eight units, the latest weekly rig survey from oilfield services firm Baker Hughes, a GE company, revealed.- Joe Barone, Shale Directories
- Blog
- March 1, 2019
Jupiter extends open season for Permian to Brownsville line
Privately-held midstreamer Jupiter Energy Group announced Thursday it’s doubled the length of time for the binding open season for its intrastate Texas crude oil project, the Jupiter Pipeline.- Joe Barone, Shale Directories
- Blog
- March 1, 2019
Eclipse, Blue Ridge close merger, change name
Eclipse Resources and Blue Ridge Mountain Resources said Thursday they’ve completed their merger, announced last August, with the melded company now known as Montage Resources Corp.- Joe Barone, Shale Directories
- Blog
- February 28, 2019
U.S. crude production reaches 12.1 Mmbpd
U.S. crude oil production set another record last week, reaching 12.1 million barrels per day, the latest Energy Information Administration data revealed.- Joe Barone, Shale Directories
- Blog
- February 27, 2019
Judge OKs settlement from nation’s largest natural gas leak
A $120 million court settlement from one of the largest-ever U.S. natural gas leak was approved by a California judge Monday despite objections from local residents and criticism from environmentalists.- Joe Barone, Shale Directories
- Blog
- February 27, 2019
Pointe LNG inks pact for E&T services for LNG export facility
Pointe LNG LLC said Monday it’s signed a pact with KBR to provide front end engineering design and services for Pointe LNG’s proposed liquefied natural gas liquefaction/export facility to be built south of New Orleans, Louisiana.- Joe Barone, Shale Directories
- Blog
- February 25, 2019