- 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
US shale gas production to fall again in June
Natural gas production in the U.S.’s seven biggest unconventional basins is expected to drop in June, with volumes declining in all producing regions, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 20, 2020
Natgas outlook remains bleak due to oversupply
Natural gas outlook in the U.S. remains bleak through 2020, despite some support from reduced associated gas production, GlobalData said on Tuesday.US, Canada rig counts continue to plummet: Baker Hughes
The number of drilling rigs in the United States continued to plummet in the latest count by Baker Hughes, the well services company.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
Largest 2020 oil production cuts to come from US: IEA
Saudi Arabia has pledged to deliver an “extraordinary” production cut in June, but it’s the U.S. that will be the biggest contributor to global supply reductions, the IEA said Thursday.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
Pact to be signed by Canada, BC, First Nation group
Canada and British Columbia have reached an agreement with a First Nation group in British Columbia that recognizes the rights and title of the Wet’suwet’en under Canada’s First Nation governance, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 14, 2020
Diversified to acquire 900 Appalachian wells from EQT
Alabama-based Diversified Gas & Oil PLC is purchasing 900 wells in West Virginia and Pennsylvania from gas giant EQT for $125 million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 13, 2020
Valeura looks for M&A opportunities amid industry turmoil
Canadian-based, Turkish-focused natural gas company Valeura Energy said on Tuesday it is exploring potential merger and acquisitions opportunities to take advantage of current market conditions.- Joe Barone, Shale Directories
- Blog
- May 12, 2020
No votes in Oklahoma on state help for O&G
Oklahoma regulators heard more than five hours of testimony on Monday but no votes were taken on two proposals to aid struggling oil and natural gas producers, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 11, 2020
Federal judge vacates BLM O&G leases in Montana
A federal judge has invalidated 287 oil and natural gas leases in Montana because the Bureau of Land Management (BLM) failed to comply with federal environmental regulations, Kallanish Energy reports.US rig count drops for eighth straight week: Baker Hughes
The number of drilling rigs in the United States continued to drop in the latest count by Baker Hughes, the well services company.- Joe Barone, Shale Directories
- Blog
- May 8, 2020
EQT reports 1Q 2020 net loss of $167M
EQT has reported a first quarter 2020 net loss of $167 million or 65 cents per diluted share, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 8, 2020
Texas approves air permit for Texas LNG
A Texas regulatory agency has approved a required air permit for a planned liquefied natural gas (LNG) liquefaction/export facility in Brownsville in South Texas, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 8, 2020
Jordan Cove LNG wants FERC to overrule Oregon
The company behind a proposed liquefied natural gas export facility in southwest Oregon has asked the Federal Energy Regulatory Commission to approve the project over the objections of Oregon state agencies, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 1, 2020
Antero sticks with full-year 2020 production growth of 9%
Antero Resources is cutting its 2020 capital budget again and reducing drilling rigs in the Appalachian Basin. It also said it has deferred 20 well completions into 2021 due to low commodity pricing.- Joe Barone, Shale Directories
- Blog
- May 1, 2020
Cheniere Energy boosts LNG shipments, volumes in quarter
Cheniere Energy’s liquefied natural gas (LNG) shipments and volumes continued to grow significantly in first quarter 2020, Kallanish Energy reports. The company reported that it shipped 128 LNG cargoes from Louisiana and Texas in 1Q 2020, up from 87 cargoes in 1Q 2019.- Joe Barone, Shale Directories
- Blog
- May 1, 2020
TC Energy sells three gas-fired power plants in Ontario
TC Energy has sold its interests in three Ontario natural gas-fired power plants for $2.8 billion, prior to post-closing adjustments, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 30, 2020
US natgas futures fall on lower demand expectations
U.S. Henry Hub natural gas futures dropped on Wednesday on lower demand expectations domestically and abroad, Kallanish Energy reports. The front-month, futures contracts for delivery in June fell 4.1%,- Joe Barone, Shale Directories
- Blog
- April 28, 2020
WTI prices tumble over 20% on fragile market
U.S. crude oil prices tumbled over 20% on Monday after the United States Oil Fund (USO) announced it would sell all its futures contracts for June delivery over a four-day period.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- April 27, 2020
Waha gas prices recover from negative territory
Natural gas prices in the Permian Basin ended the EIA’s gas week in positive territory, after reaching -$4.74 per million British thermal units (MmBtu) on April 20, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 24, 2020
Two new compressor stations on Sabal Trail gas pipeline
The Federal Energy Regulatory Commission has approved Sabal Trail Transmission beginning commercial service at two compressor stations, one in Georgia and one on Florida.- Joe Barone, Shale Directories
- Blog
- April 22, 2020
Crude oil prices plunge on unchanged fundamentals
As WTI crude prices plummeted into a negative territory for the first time in history, downward pressure continued on Tuesday pushing both WTI and Brent future prices down.- Joe Barone, Shale Directories
- Blog
- April 22, 2020
IEA suggests Opec+ deepen, speed up supply cuts
The International Energy Agency (IEA) said on Tuesday the Opec+ should consider quicker, deeper production cuts to ease the turmoil in oil markets, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 21, 2020
Range Resources seeks changes in federal loan program
Range Resources and its supporters are asking the Trump administration to modify the Main Street Lending Program to help natural gas-producing companies in the Appalachian Basin recover from the coronavirus pandemic.US rig count drops by another 73: Baker Hughes
The U.S. rig count continued its sharp drop in the wake of the coronavirus pandemic and low commodity prices, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 20, 2020
Baupost Group enlarges stake in LNGL
The Baupost Group has acquired a stake in struggling Liquefied Natural Gas Ltd., the Australia-based company with a planned liquefied natural gas export facility in Louisiana, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 17, 2020
ConocoPhillips makes an added $3B in cuts
ConocoPhillips on Thursday announced that it plans to cut planned capital spending by 35% and to voluntarily curtail production by 225,000 gross barrels of oil per day, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 16, 2020
US negotiates storage contracts with nine oil producers
The U.S. Department of Energy (DoE) is negotiating contracts with nine domestic oil producers to enable them to store their crude oil in the country’s strategic petroleum reserves (SPR) facilities.- Joe Barone, Shale Directories
- Blog
- April 14, 2020
US gas production to shrink 8-10 Bcf/d on oil price crash
The collapse in oil prices is set to drastically change the North American gas industry, with supply expected to shrink by 8 to 10 billion cubic feet per day (Bcf/d) by the end of 2021, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 14, 2020
XOM testing eight methane-detection technologies
ExxonMobil says it is conducting field tests of eight emerging methane detection technologies at nearly 1,000 sites in the Permian Basin in West Texas and New Mexico, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 9, 2020
Opec+ set to face challenges in emergency meeting
Opec and non-Opec producers are set to have a difficult time negotiating the terms of a potential output cut deal on Thursday.- Joe Barone, Shale Directories
- Blog
- April 9, 2020
Repsol says production averaged 700,000 Boe/d in Q1
Spanish oil major Repsol said in a trading update this week it expects its upstream oil and gas production to average 700,000 barrels of oil equivalent per day in the first quarter.- Joe Barone, Shale Directories
- Blog
- April 7, 2020
Russia, Saudi Arabia ‘very close’ to break new deal
Russia and Saudi Arabia are “very, very close” to reaching an agreement on oil production cuts, the CEO of Russia’s sovereign wealth fund RDIF said on Monday.US rig count dips by 64, Canada drops by 13: Baker Hughes
The number of active oil and natural gas drilling rigs in the United States dropped by 64 rigs in the last week, according to the April 3 rig count from Baker Hughes, the Texas-based well services company.- Joe Barone, Shale Directories
- Blog
- April 3, 2020
Global Venture’s Louisiana LNG passes string test in Italy
Venture Global LNG has announced a successful string test for the first mixed refrigerant compression system for its Calcasieu Pass LNG facility in Louisiana, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 3, 2020
Air Products acquires five hydrogen plants for $530M
Pennsylvania-based Air Products has reached an agreement to buy five hydrogen steam methane reformer plants from New Jersey-based PBF Energy for $530 million.- Joe Barone, Shale Directories
- Blog
- April 3, 2020