TX Oilfield News (2025)

17/12/2023

Tokyo Gas said acquiring Rockcliff would jumpstart its U.S. production volumes from approximately 330 MMcf/d to 1,300 MMcf/d.

16/12/2023

At Hart Energy's 50th Anniversary Hall of Fame event, industry trailblazers Harold Hamm, Tom Petrie and Chris Wright gathered to discuss the state of the industry, the "shameless false marketing" of the energy transition, politics and oil and gas' next half-century.

At Hart Energy’s 50th Anniversary Hall of Fame event, industry trailblazers Harold Hamm, Tom Petrie and Chris Wright gathered to discuss the state of the industry, the “shameless false marketing” of the energy transition, politics and oil and gas’ next...

16/12/2023

January Nymex natural gas futures gained for a third day Friday in an apparent round of profit-taking, and as weather forecasts turned slightly less bearish but suggested the trend toward mild weather would remain intact into the official start of winter. At A Glance: January gains for third day Brief cooldown supports prices Outlook remains bearish The front-month contract settled 9.9 cents higher at $2.491/MMBtu....

January Nymex natural gas futures gained for a third day Friday in an apparent round of profit-taking, and as weather forecasts turned slightly less bearish but suggested the trend toward mild weather would remain intact into the official start of...

15/12/2023

The Biden administration’s new five-year plan phases down oil and gas leasing in the Gulf of Mexico.

15/12/2023

Besides consolidation, high yield bond debt refinancing and fossil fuel divestment legislation in California should be on your radar.

15/12/2023

The startups were selected during Halliburton’s Finalist Pitch Day earlier this year.

15/12/2023

A record number of blocks sold in the latest Brazilian bid round, ANP says.

15/12/2023

Unit Corp.’s conditional dividend will only be payable if the company closes its previously disclosed sale of certain oil and gas properties in the Texas Panhandle by the record date.

15/12/2023

The aggregate value of mergers and acquisitions (M&A) in the Permian Basin has surpassed $100 billion this year with the recently announced $12 billion takeover by Occidental Petroleum Corp. (Oxy) of CrownRock LP, eclipsing the previous record of $65 billion set in 2019, according to new analysis by Wood Mackenzie. The Oxy-CrownRock deal followed ExxonMobil’s $59.5 billion acquisition of Pioneer Natural Resources Co....

The aggregate value of mergers and acquisitions (M&A) in the Permian Basin has surpassed $100 billion this year with the recently announced $12 billion takeover by Occidental Petroleum Corp. (Oxy) of CrownRock LP, eclipsing the previous record of $65 billion...

15/12/2023

The U.S. Department of Energy (DOE) has delivered a final environmental assessment for New Fortress Energy Inc.’s (NFE) offshore Altamira LNG project as the firm awaits delivery of a component that could allow it to begin exporting U.S. natural gas from Mexico’s eastern coast. NFE previously requested to re-export 145 Bcf/year, or 400 MMcf/d, from Texas through Altamira until 2050....

The U.S. Department of Energy (DOE) has delivered a final environmental assessment for New Fortress Energy Inc.’s (NFE) offshore Altamira LNG project as the firm awaits delivery of a component that could allow it to begin exporting U.S. natural gas...

15/12/2023

Traditional oil, gas and wastewater players join chemical manufacturers and North American lithium pure-play companies to lift production of the critical material.

13/12/2023

Nymex January natural gas futures deflated further Tuesday amid storage glut woes driven by strong production and the absence of winter weather. At A Glance: January futures sink another 12.0 cents Mild weather pattern continues Storage surpluses seen widening The front-month contract closed the regular trading session down 12.0 cents at $2.311/MMBtu, reversing steeper losses to an intraday low of $2.276....

Nymex January natural gas futures deflated further Tuesday amid storage glut woes driven by strong production and the absence of winter weather. At A Glance: January futures sink another 12.0 cents Mild weather pattern continues Storage surpluses seen widening The...

11/12/2023

Here’s a roundup of the latest E&P headlines, including a court ruling in favor of Welltec and new contract awards.

08/12/2023

High inventories, a bearish demand outlook and forecasts of a mild winter have failed to limit European LNG imports. Although Kpler data shows the continent’s total liquefied natural gas intake year-to-date has fallen to 113.68 million tons (Mt) from 114.95 Mt, LNG is still expected to make up around 43% of the European Union’s total gas imports this year, up from 36% in 2022 and 26% in 2021, according to ING Research....

High inventories, a bearish demand outlook and forecasts of a mild winter have failed to limit European LNG imports. Although Kpler data shows the continent’s total liquefied natural gas intake year-to-date has fallen to 113.68 million tons (Mt) from 114.95...

08/12/2023

Small and mid-caps’ strong balance sheets look attractive to credit investors and can provide equity that sweetens M&A.

14/11/2023

Weatherford’s Centro well construction platform utilizes five principles to cut costs and increase efficiencies for wells.

14/11/2023

Excelerate Energy Inc. has expanded its operations in South Asia after agreeing to supply Bangladesh with more LNG. Excelerate, headquartered in The Woodlands north of Houston, has one of the world’s largest portfolios of floating liquefaction terminals. It signed a 15-year sales and purchase agreement (SPA) with state-owned Petrobangla to provide up to 1 million metric tons/year (mmty) of liquefied natural gas. ...

Excelerate Energy Inc. has expanded its operations in South Asia after agreeing to supply Bangladesh with more LNG. Excelerate, headquartered in The Woodlands north of Houston, has one of the world’s largest portfolios of floating liquefaction terminals. It signed a...

14/11/2023

Exxon Mobil’s valuation of Pioneer Natural Resources plus new Endeavor data suggests buying Endeavor Energy Resources could come with a high price tag, according to Hart Energy analysis.

TX Oilfield News

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