Olympus Energy LLC, which also has a midstream arm, has become the first integrated natural gas producer to independently certify its natural gas, according to management. The Pennsylvania-based exploration and production company focuses on upstream and midstream natural gas resources in the Appalachian Basin. Subsidiary Hyperion Midstream also gained verification for its gas emissions, both…
Olympus
Articles from Olympus
Pennsylvania’s Olympus, Hyperion Gain Dual Certification for Low Natural Gas Emissions
Olympus Energy LLC, which also has a midstream arm, has become the first integrated natural gas producer to independently certify its natural gas, according to management. The Pennsylvania-based exploration and production company focuses on upstream and midstream natural gas resources in the Appalachian Basin. Subsidiary Hyperion Midstream also gained verification for its gas emissions, both…
Appalachian Pure-Play Olympus Certifying All Natural Gas, Midstream Operations
Olympus Energy LLC has become the latest exploration and production (E&P) firm to claim the distinction of producing 100% certified natural gas after an analysis by Project Canary. Pittsburgh independent Olympus operates around 100,000 net acres with more than 10 producing wells in Marcellus, Utica and Upper Devonian plays of southwestern Pennsylvania. Olympus COO Mike…
Rebranded Appalachian E&P Eyeing Bigger Role as Shale Era Evolves
A junior independent working in Appalachia, backed by private equity, has rebranded to reflect the next era of shale development in the basin, one in which management believes the company can prosper despite an array of challenges facing the industry.
Mitsui Taking Stakes in Four Promising Shell Deepwater Blocks
A unit of Japanese trading house Mitsui & Co. Ltd. is buying into some potential powerhouse deepwater Gulf of Mexico assets within the Mars-Ursa Basin owned by Royal Dutch Shell plc that could capture at least 100 million boe in recoverable reserves.
Deepwater Mars B Platform Designed to Extend Production to 2050 and Beyond
Royal Dutch Shell plc has ramped up production from the second Mars platform in the deepwater Gulf of Mexico (GOM), the company’s seventh and largest floating platform in the U.S. offshore.