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DOE Releases Report on Economic and National Security Impacts of Hydraulic Fracturing Ban
January 19, 2021
The U.S. Department of Energy’s (DOE) Office of Fossil Energy delivered a new report to the President on negative impacts of the ill-conceived hydraulic fracturing ban some have proposed. Economic and National Security Impacts Under a Hydraulic Fracturing Ban explains
Hilcorp Completes Multibillion-dollar BP Alaska Acquisition
January 19, 2021
Privately held Hilcorp Energy Co. said on Dec. 18 its unit completed a $5.6 billion acquisition of BP’s business in Alaska, taking over the region the British oil major had operated in for 60 years. Hilcorp’s Harvest Alaska, a midstream
Energy Secretary Urges Prioritizing Covid Vaccine for Energy Critical Infrastructure Workers
January 19, 2021
Energy Secretary Dan Brouillette urged the Governors of 55 states and territories to prioritize critical infrastructure mission-essential workers during the response to the COVID-19 pandemic. In an official letter, the U.S. Department of Energy (DOE) noted that the critical infrastructure
Outrigger Energy Completes Construction of Williston Basin Midstream Facilities, North Dakota
January 18, 2021
Outrigger Energy II has completed construction of its Williston Basin midstream facilities project in Williams County, North Dakota. The assets consist of the Bill Sanderson Gas Processing Plant, a 250 MMcfd cryogenic gas processing plant located west of Williston, and
U.S. Drillers Add Oil, Gas Rigs for 8th Consecutive Week
January 18, 2021
U.S. energy firms this week added oil and natural gas rigs for an eighth week in a row as crude prices recover to their highest in nearly a year. The oil and gas rig count, an early indicator of future
Halliburton Delivers First Successful Grid-Powered Fracturing Operation
January 18, 2021
Halliburton Company has successfully deployed the industry’s first electric grid-powered fracturing operation. The job, being performed on several pads for Cimarex Energy in the Permian basin, started in November. To date, Halliburton has completed almost 340 stages across multiple wells
IEA Calls for Urgent Action to Cut Methane Emissions from Oil and Gas Sector
January 18, 2021
Methane emissions from the global oil and gas industry fell by an estimated 10% in 2020 as producers slashed output in response to the historic shock of the Covid-19 crisis, the International Energy Agency said today, warning that these emissions
Devon Energy and WPX Energy Complete Merger
January 15, 2021
Devon Energy and WPX Energy has successfully completed an all-stock merger of equals, creating a leading energy producer in the U.S., with an asset base underpinned by a premium acreage position in the economic core of the Delaware Basin. The
Kinder Morgan’s Permian Highway Pipeline Begins Full Commercial Service, Texas
January 15, 2021
Kinder Morgan said the Permian Highway Pipeline (PHP) began full commercial in-service on January 1, 2021. The pipeline has been flowing volumes during the commissioning process for several weeks prior to full commercial in-service. PHP delivers natural gas from the
ExxonMobil to Invest $240 Million in Baton Rouge Refinery in Louisiana
January 15, 2021
Louisiana Governor John Bel Edwards revealed that oil and gas major ExxonMobil is mulling to invest over $240 million at its Baton Rouge Refinery in Louisiana. The investment is planned to be used by the company for boosting the processing
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