Kimmeridge Texas Gas is expanding its Eagle Ford Shale presence with the acquisition of around 30,000...
Kimmeridge Texas Gas is expanding its Eagle Ford Shale presence with the acquisition of around 30,000 acres that currently produce 65 MMcf/d of natural gas. The company is pursuing a multi-rig program in the Eagle Ford and Austin Chalk plays as it aims to increase net production to more than 500 MMCf/d on a pro forma basis by 2026.
CNBC TV [video]: US Unveils Recipients of $7 Billion for Hydrogen Hubs
The Biden administration's selected projects, which will match the federal investment with nearly $50...
The Biden administration's selected projects, which will match the federal investment with nearly $50 billion combined, will now move into the negotiation phase.
Breaking overnight: Ahead of an expected ground offensive in its war against Hamas,...
Breaking overnight: Ahead of an expected ground offensive in its war against Hamas, Israel’s military has ordered 1+ million civilians in the northern half of Gaza to evacuate and move south for their protection within the next 24 hours. The UN says it “strongly appealed” the evacuation call, warning it could lead to “a calamitous situation.”
Microsoft’s $69 billion acquisition of Activision Blizzard was given the green light by Britain’s competition watchdog, paving the way for the deal to close.
Delta profits rose 60% in the third quarter after a summer of high travel demand, which the airline expects to continue this fall.
NASA’s Psyche asteroid mission is scheduled to launch today on a SpaceX Falcon Heavy rocket. It will take the spacecraft nearly six years to reach the asteroid before it can study its metallic properties.
The FDA banned sales of Vuse’s menthol e-cigarettes, arguing the company failed to prove that the product’s benefit to adult smokers outweighed its risks to kids.
Antisemitic incidents in the UK have quadrupled since Hamas’s attack on Israel, according to the British charity Community Security Trust.
Tropical Storm Sean re-strengthens; Atlantic system could develop next week
A short-lived Tropical Storm Sean reformed again after being...
A short-lived Tropical Storm Sean reformed again after being downgraded to a tropical depression Thursday morning. Meanwhile, forecasters are also monitoring a system in the Atlantic that’s trailing not far behind Sean.
As of Thursday afternoon, Sean was located roughly 905 miles west of Africa’s Cabo Verde Islands in the far eastern Atlantic. It was moving northwest at 10 mph with maximum sustained winds of 40 mph, just above the 39 mph threshold for a tropical storm.
Sean originally became a tropical storm early Wednesday.
Below-average 84 Bcf build to US gas storage erodes surplus again
In a bullish gas storage update, the US Energy Information Administration...
In a bullish gas storage update, the US Energy Information Administration Oct. 12 reported an 84 Bcf injection to Lower-48 inventories in the prior week, marking the 13th below-average build in 14 weeks.
The 84 Bcf injection was about 8% below the consensus estimate from S&P Global Commodity Insights' weekly gas storage survey, which predicted a 91 Bcf injection for the week. The latest inventory build was nearly 10% below the five-year average injection of 93 Bcf and was 41 Bcf below the year-ago build of 125 Bcf, EIA data showed.
