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Category: Oil & Gas News

Oil and Natural Gas Accounted for $18.8 Billion, 17.9% New Mexico’s Gross Domestic Product

July 27, 2021 Author: phinds Category: Mid-con News

PricewaterhouseCoopers (PwC) and based on the latest government data available, shows that New Mexico’s oil and natural gas industry added $18.8 billion to the state’s gross domestic product in 2019.

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Earthstone invested $360 million in Texas acquisitions in 2021

July 23, 2021 Author: phinds Category: Oil & Gas News

So far in 2021, Earthstone has completed two acquisitions in the Permian Basin and announced another in the Eagle Ford Shale.

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Cenovus Energy restores forest cover in caribou habitat in northeastern Alberta to better protect caribou.

July 22, 2021 Author: phinds Category: Oil & Gas News

Through its Caribou Habitat Restoration Project, Cenovus aims to restore more land within caribou ranges than is disturbed by the company’s activities.

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Tourmaline Inks 15-Year Gas Supply Deal Cheniere (LNG)

July 22, 2021 Author: phinds Category: Oil & Gas News

Corpus Christi Liquefaction Stage III, LLC, a subsidiary of Cheniere Energy, Inc. LNG, recently signed a long-term gas supply agreement (GSA) with Tourmaline Oil Marketing Corp., a unit of Tourmaline Oil Corp., Canada’s largest natural gas producer.

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Halliburton’s Jeff Miller (CEO) says Oil Industry in a Multi-year Up-cycle

July 21, 2021 Author: phinds Category: Oil & Gas News

Oilfield company Halliburton Co on Tuesday said the industry was in the early stages of a multi-year up-cycle, as activity has rebounded from pandemic lows and pricing for some of its services has inched higher.

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U.S. announces new cybersecurity requirements for critical pipeline owners

July 20, 2021 Author: phinds Category: Oil & Gas News

The Department of Homeland Security on Tuesday required owners and operators of critical pipelines that transport hazardous liquids and natural gas to implement “urgently needed protections against cyber intrusions.”

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First Nation, LNG partners file project description for new project in northern B.C.

July 20, 2021 Author: phinds Category: Major Projects

A Calgary-based group of LNG companies called Rockies LNG and Texas-based Western LNG say the project in the Nisga’a Nation could have an economic impact of $55 billion over the next 30 years.

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Surge Energy America Announces 100 MMBOE Production Milestone and Listing in Houston Chronicle’s Top Private Companies

July 19, 2021 Author: phinds Category: Oil & Gas News

Surge Energy surpassed 100 million gross barrels of oil equivalent produced since the Company took over operatorship of the Moss Creek asset in 2016

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Ovintiv seeing success in Oklahoma’s STACK play.

July 19, 2021 Author: phinds Category: Mid-con News

Ovintiv wells near Kingfisher produced a thousand barrels of oil a day.

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Arbor Renewable Gas wants to spend more than $1 billion to build a facility in Beaumont TX.

July 15, 2021 Author: phinds Category: Major Projects

Arbor Renewable Gas produces renewable gasoline and hydrogen from waste wood and forest residue. They proposed for the investment of a new plant near Highway 347 and Highway 69,

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