According to the AER’s “earthquake dashboard,” fracking caused a swarm of hundreds of earthquakes ranging from magnitudes of about 1 to 3 just 56 kilometres west of the town of Fox Creek this winter.
Alberta Oil & Gas Seismic Activity
Environmental ruling threatens Wyoming oil and gas drilling leases
The Wilderness Society and Friends of the Earth that BLM failed to adequately gauge potential impacts from future drilling on big game animals and an imperiled species of bird known as the greater sage grouse, finding its analysis was not detailed enough and relied too heavily on an earlier, broader examination of oil and gas drilling in the region.
ConocoPhillips and Santos officials give glowing assessment of Alaska North Slope prospects
Both companies are building major projects, and senior officials told an industry audience that the future is bright for new oil development in Arctic Alaska
Canada Rig Count Report March 25, 2024
Canada Rig Count Report March 25, 2024 we are tracking 77 Oil & Gas Operators and 213 drilling rigs that spud wells last 30 days in Alberta, BC and Saskatchewan.
Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million
Summit Midstream Partners, LP (NYSE: SMLP) (“Summit”, “SMLP” or the “Partnership”) announced today the sale of Summit Midstream Utica, LLC, which includes its approximately 36% interest in Ohio Gathering Company, LLC (“OGC”), approximately 38% interest in Ohio Condensate Company, LLC (“OCC”, collectively with OGC, “Ohio Gathering”) and wholly owned Utica assets (collectively, “Utica Position”) to a subsidiary of MPLX LP (“MPLX”) for $625 million in cash (the “Utica Divestiture”).
Apache sold its entire stake in Kinetik Holdings Inc.
In a significant transaction, Apache Midstream LLC, a wholly owned subsidiary of Apache Corporation (NASDAQ:APA), has sold its entire stake in Kinetik Holdings Inc. (NASDAQ:KNTK). The sale, which occurred on March 18, 2024, involved 13,079,871 shares of Class A Common Stock at a price of $33.75 per share, resulting in a total transaction value of approximately $441 million.
ConocoPhillips says EPA’s methane rule has elements that are “unworkable”
The EPA’s methane rule has elements that are “unworkable,” the head of oil giant ConocoPhillips said Tuesday.
Murchison Oil and Gas $2 million fine against oil and gas firm over New Mexico operations
The Energy, Minerals and Natural Resources Department’s Oil Conservation Division announced the notice of violation and proposed administrative civil penalties of $2,007,900 against Murchison Oil and Gas, LLC. It said the fine was directly related to the release of produced water at two separate wells sites about 16 miles south of Carlsbad.
ConocoPhillips: How the Beta Crude Connector serves Midland Basin producers
Supporting multiple producers, the BCC can handle a maximum of 150,000 barrels of crude oil per day, accepting supplies from various lease tank batteries and other field receipt points in the Midland Basin
ExxonMobil to become the largest crude oil and NGL producer in the United States
ExxonMobil could become the largest crude oil and natural gas liquids (NGL) producer in the United States with 1.3 million barrels per day (bpd), or nearly 7% of total U.S. production, ahead of the current leader in output, Chevron, per data from Evaluate Energy cited by the EIA.
