- Joe Barone, Shale Directories
- Blog
- October 30, 2020
ConocoPhillips reports 3Q net loss of $450M
ConocoPhillips has reported a third quarter 2020 net loss of $450 million or 42 cents per share, Kallanish Energy reports. That compares to 3Q 2019 net earnings of $3.1 billion or $2.74 per share.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
Six contractors hired to build Keystone XL in US
TC Energy on Thursday awarded more than $1.6 billion in contracts to six major American contractors to build more than 800 miles of the now-stalled Keystone XL Pipeline in three states in 2021, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 26, 2020
EQT in talks to sell its MVP capacity
EQT is in the middle of discussions to sell some or all of its capacity on the now-stalled Mountain Valley natural gas pipeline, perhaps by Dec.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
EQT reports $601M loss in 3Q 2020
EQT, the largest producer of natural gas in the United States, reported a net loss of $601 million or $2.35 in the third quarter 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
Agreement signed on Texas LNG bunker terminal
Pilot LNG LLC and GAC Bunker Fuels have signed an agreement for the supply of liquefied natural gas (LNG) as a marine fuel from the planned Galveston LNG Bunker Port terminal project in Texas, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 22, 2020
Baker Hughes reports $170M loss in 3Q
Baker Hughes on Wednesday reported a third quarter 2020 net loss of $170 million or 25 cents per share, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
Appeals court halts MVP construction from resuming
A federal appeals court has blocked construction from resuming on the stalled Mountain Valley Pipeline in West Virginia and Virginia, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
ConocoPhillips, Concho announce $9.7B merger
ConocoPhillips and Concho Resources on Monday announced they have entered into a definitive agreement to combine companies in an all-stock transaction worth $9.7 billion, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
US onshore oil production to dip in late 2020: RE
United States onshore oil production is expected to gradually decline in late 2020, after peaking in August, Rystad Energy reported on Wednesday.- Joe Barone, Shale Directories
- Blog
- September 30, 2020
Shell ethane cracker in Pa. is about 70% done
The ethane cracker being built in western Pennsylvania by Royal Dutch Shell is about 70% complete, although it is unclear when the $6 billion petrochemical complex might begin operations, Kallanish Energy has learned.- Joe Barone, Shale Directories
- Blog
- September 30, 2020
Oil demand, supply expected to drop 2022-2023: CP
ConocoPhillips expects the oil and natural gas industry to partially recover in 2021 from the coronavirus pandemic, low demand and low prices, but the company expects oil demand to drop by 3 million to 4 million barrels per day in the United States in 2022-2023.- Joe Barone, Shale Directories
- Blog
- September 28, 2020
US to dominate small-scale LNG growth: GlobalData
North America is expected to see the highest small-scale natural gas liquefaction capacity additions in the world, according to a new report from GlobalData.Rig count up six in US, up seven in Canada: BH
It was a good week for the oil and natural gas industry, as the number of working rigs increased by six in the United States and by seven in Canada, according to Baker Hughes.- Joe Barone, Shale Directories
- Blog
- September 22, 2020
Venture Global LNG announces governance changes
Venture Global LNG Inc., the company behind three planned liquefied natural gas facilities in Louisiana, has announced an upcoming change in corporate governance.- Joe Barone, Shale Directories
- Blog
- September 16, 2020
Pennsylvania gas production up 11.4%: DEP
Pennsylvania produced an all-time record high volume of natural gas in 2019, despite fewer wells being drilled that year, according to the Department of Environmental Protection’s new annual report on oil and gas operations.- Joe Barone, Shale Directories
- Blog
- September 15, 2020
Nearly $14B in pipeline projects at risk: CEA
Delays, obstruction or cancellation of pipeline infrastructure in the United States are threatening pipeline infrastructure projects worth of at least $13.6 billion in economic activity, more than 66,000 jobs and more than $280 million a year on state and local tax revenues, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 2, 2020
Saudi Aramco makes two oil and gas discoveries
Saudi Aramco has made two new oil and gas discoveries in northern Saudi Arabia, according to the country’s official news agency SPA.- Joe Barone, Shale Directories
- Blog
- September 1, 2020
Chesapeake, FERC in fight over pipeline contracts
Chesapeake Energy wants to terminate a $300 million pipeline contract in its Chapter 11 bankruptcy proceedings, Kallanish Energy reports. That request has been opposed by pipeline giant Texas-based Energy Transfer.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
Hurricane pummels SW Louisiana, O&G assets
Initial reports were than liquefied natural gas (LNG) shipments from southwest Louisiana might be able to resume very soon, if waters continue to recede and wind speeds drop in the wake of Hurricane Laura.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
Cycle Energy purchases Canadian O&G firm
Alberta-based Cycle Energy Industries has announced its acquisition of 100% of Energy Express Canada Corp., Kallanish Energy reports. Energy Express Canada, described as a junior oil and gas company in Alberta, can produce 100 to 150 barrels of oil per day using traditional recovery methods.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
Equinor to cut operations in US, Canada, Britain
Norway-based Equinor has announced plans to curtail operations in the United States, Canada and Britain because of record low oil prices tied to the coronavirus pandemic and lower demand, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
Pieridae hires Muckherjee as SVP LNG
Alberta-based Pieridae Energy has hired Andy Mukherjee as senior vice president LNG to lead the development of its liquefied natural gas project in eastern Canada, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 27, 2020
Financing arranged on $1.3B gas-fired power plant
Construction is expected to begin soon on a $1.3 billion natural gas-fired power plant being developed by Competitive Power Ventures and its partners in northern Illinois, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 21, 2020
Two lawsuits filed against LNG-by-rail federal rules
Two lawsuits were filed against the Trump administration over new federal rules that will permit liquefied natural gas (LNG) to be transported by railroad, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 21, 2020
Groups sue Trump administration over Colorado drilling
Six climate and environmental groups have sued the Trump administration over plans to expand drilling and mining across 1.7 million acres of public lands in southwestern Colorado, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 14, 2020
Tellurian to cut three pipelines to La. LNG facility
Tellurian Inc. has unveiled plans to cut costs of Phase 1 of Driftwood liquefied natural gas (LNG) export facility by 30% and to trim the number of natural gas pipelines in Phase 1 from four to one, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 14, 2020
Appalachian Basin production curtailed by Seneca on low gas prices
Houston-based oil and gas exploration firm Seneca Resources curtailed natural gas production in the Appalachian Basin by 7.3 billion cubic feet (Bcf) on the back of reduced natural gas prices.- Joe Barone, Shale Directories
- Blog
- August 14, 2020
YPF’s natgas output slides 12.7% in Q2
Argentina’s oil and gas company YPF has reported a 12.7% year-on-year drop in its natural gas production during the second quarter of 2020, on the back of market conditions.- Joe Barone, Shale Directories
- Blog
- August 5, 2020
Range Resources sells Haynesville assets
Range Resources has announced that it has sold 220,000 acres in northern Louisiana to Castleton Resources LLC for $245 million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Tokyo Gas to take control of US shale gas operator
Tokyo Gas is increasing its ownership in U.S. oil and gas company Castleton Resources to a 70% stake, marking the company’s first acquisition of a U.S.- Joe Barone, Shale Directories
- Blog
- July 23, 2020
Chevron’s Noble Energy takeover bets on gas future
Chevron’s recently announced Noble Energy takeover bets on future natural gas demand and more geographic diversity, Kallanish Energy learns from GlobalData.- Joe Barone, Shale Directories
- Blog
- July 16, 2020
Argentina halts Vaca Muerta gas pipeline project
Argentina’s Energy Secretariat has suspended the construction of a major pipeline to transport natural gas from Vaca Muerta, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- July 10, 2020
US natural gas stocks up by 56 Bcf: EIA
U.S. natural gas storage inventories rose by 56 billion cubic feet (Bcf) on the week ending July 3, the U.S. Energy Information Administration (EIA) estimated on Thursday.- Joe Barone, Shale Directories
- Blog
- July 6, 2020
US M&A activity recovers to $2.6B in Q2 2020: Enverus
Upstream U.S. merger and acquisition activity has rebounded in the second quarter to $2.6 billion, largely driven by deals targeting gas-producing Appalachian assets, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 3, 2020
Argentina’s gas subsidy unlikely to incentivize higher production
Argentina’s planned natural gas subsidy of $3.5 per million British thermal units (MmBtu) is unlikely to boost domestic production, according to analytics company GlobalData.- Joe Barone, Shale Directories
- Blog
- July 3, 2020
BP transfers key Alaskan assets to Hilcorp
There were no fireworks, but key Alaskan assets owned by BP have quietly transferred to Hilcorp as the $5.6 billion deal starts to close, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 29, 2020
Chesapeake Energy seeks Chapter 11 reorganization
It’s been rumored for weeks, but Chesapeake Energy Corp. on Sunday filed for voluntary Chapter 11 bankruptcy protection to facilitate what it called a comprehensive balance sheet restructuring, Kallanish Energy reports The Oklahoma-based company was once the No.US rig count hits new all-time low for eighth straight week
The working rig count for the United States and Canada continues to plummet but the drop could be slowing down, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 29, 2020
Pennsylvania grand jury blasts DEP, DOH over fracking
The Pennsylvania Department of Environmental Protection and the Pennsylvania Health Department both failed to protect the public health during the state’s Marcellus Shale natural gas boom, according to a scathing new report from a state grand jury.- Joe Barone, Shale Directories
- Blog
- June 25, 2020
Firm hired to begin Keystone XL construction in Alberta
Michels Canada is poised to begin construction on the $8 billion Keystone XL oil pipeline in Alberta, while construction in the United States is still delayed by a court appeal, Kallansh Energy reports.- Joe Barone, Shale Directories
- Blog
- June 23, 2020
Tellurian delays FID on Driftwood LNG to 2021
Tellurian Inc. has quietly delayed a final investment decision on the Driftwood LNG facility in Louisiana to 2021 with the plant beginning operations in 2024, not in 2023 as had been planned, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 19, 2020
Efficiencies boost US natural gas production: EIA
Natural gas production in the United States is growing because of greater production efficiencies, the U.S. Energy Information Administration reports. New gas wells that created greater productivity in new wells drilled in shale and other tight formations boosted U.S.- Joe Barone, Shale Directories
- Blog
- June 16, 2020
Pa. charges Cabot with 15 environmental violations
Pennsylvania Attorney General Josh Shapiro on Monday announced that a state grand jury has charged Cabot Oil & Gas in connection with 15 environmental crimes in northeast Pennsylvania, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 15, 2020
Australia’s Santos nears final decision on Narrabri gas project
Australia’s oil and gas company Santos welcomed on Friday the New South Wales (NSW) government’s recommendation to approve its planning application for the onshore Narrabri gas project.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
Edge LNG continues capture, liquefaction in Marcellus Shale
Edge LNG has expanded its remit to capture and liquefy gas from stranded wells in the Marcellus Shale through a new agreement with EXCO Resources, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
Colorado group scraps plan for new O&G setback vote
A grass-roots Colorado environmental group has scrapped plans to seek an anti-fracking ballot measure in 2020, Kallanish Energy reports. Colorado Rising had been exploring several ballot initiatives for Nov.- Joe Barone, Shale Directories
- Blog
- June 11, 2020
Shell resumes operations at Bajada de Añelo
Shell Argentina has confirmed activities at its Bajada de Añelo unconventional block, in the Vaca Muerta shale formation, were resumed on Tuesday, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 10, 2020
Chesapeake Energy’s shares plunge on bankruptcy expectations
It was a strange 48 hours for Chesapeake Energy, once one the biggest natural gas producers in the United States, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 5, 2020
Natural gas storage little changed in 2019: EIA
Underground storage of natural gas in the United States changed little in 2019, according to the U.S. Energy Information Administration (EIA).- Joe Barone, Shale Directories
- Blog
- June 5, 2020
19 energy companies have filed for bankruptcy in 2020: law firm
Texas-based Gavilan Resources last month filed for Chapter 11 protection, saying it intends to sell its business and assets. It cited the coronavirus pandemic and the oil price rout along with an ongoing dispute with a joint venture partner in the Eagle Ford Shale in South Texas, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 4, 2020
Oklahoma regulators approve voluntary well shut-ins
Oklahoma regulators on Wednesday gave oil producers the legal liability protection to voluntarily shut-in wells as prices for oil remain under $40 per barrel, Kallanish Energy has learned.US rig count drops an additional 17 rigs: BH
The number of drilling rigs in the United States continued to plummet, Kallanish Energy reports. The total dropped by 17 in the count released last Friday by Baker Hughes, the Texas-based well services company.- Joe Barone, Shale Directories
- Blog
- June 1, 2020
Appeals court blocks Keystone XL construction
A federal appeals court has refused to lift the ruling of a Montana federal judge that blocks construction on the Keystone XL oil pipeline.- Joe Barone, Shale Directories
- Blog
- May 29, 2020
Louisiana House is opposed to natural gas bans
Louisiana is the latest state to step up for natural gas. The Louisiana House of Representatives unanimously approved a bill that would ban local governments from prohibiting natural gas hookups, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 29, 2020
Enbridge starts underwater coating repairs on Line 5
Enbridge has announced that coating repairs on a section of the Line 5 liquids pipeline under the Straits of Mackinac in Michigan are under way, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 22, 2020
New Fortress LNG adjudicatory hearing concludes
The adjudicatory hearing on a dock planned in the Delaware River to serve a liquefied natural gas (LNG) export terminal in New Jersey took eight days but was completed on Wednesday, Kallanish Energy reports Hearing officer John D.- Joe Barone, Shale Directories
- Blog
- May 22, 2020
North Dakota commission debates O&G production cuts
The debate over whether North Dakota should declare oil production with current low commodity prices a waste and limit production pitted the state’s No.- Joe Barone, Shale Directories
- Blog
- May 21, 2020
US Lower 48 gas production to bottom out in November
Natural gas production onshore of the U.S.’s Lower 48 states will hit bottom in November at 82.5 billion cubic feet per day (Bcf/d), according to Rystad Energy.- Joe Barone, Shale Directories
- Blog
- May 20, 2020