Vital

Vital Energy, NOG Adding Permian Delaware Assets for $540M 

Vital Energy, NOG Adding Permian Delaware Assets for $540M 

Vital Energy Inc. and Northern Oil and Gas Inc. (NOG) are teaming up to acquire the assets of Forge Energy II Delaware LLC, an EnCap Investments LP portfolio company based in the Permian Basin, in a $540 million all-cash transaction. The Forge assets in the Delaware sub-basin span nearly 42,000 gross acres across Pecos, Reeves…

May 17, 2023
Permian-Focused Laredo Petroleum Rebranding as Vital Energy Amid ESG Emphasis

Permian-Focused Laredo Petroleum Rebranding as Vital Energy Amid ESG Emphasis

Tulsa, OK-based independent Laredo Petroleum Inc. is set to rebrand as Vital Energy Inc. on Jan. 9, management said.  The name change is consistent with the company’s goal “to ensure everyone has access to the reliable, affordable energy resources needed to power their lives,” according to the firm. The rebrand “reflects our mission and collective…

December 12, 2022
Rail Transport ‘Critical’ to North Dakota, Officials Say

Rail Transport ‘Critical’ to North Dakota, Officials Say

While acknowledging that rail shipments are a vital part of the burgeoning Bakken Shale play, North Dakota energy officials on Monday refused to speculate on the eventual impact of the oil rail car derailment and fire in Quebec, Canada, on their state’s soaring production (see Shale Daily, July 16).

July 18, 2013

Not Everyone is Ready to Sign Appalachian Fracking ‘Peace Treaty’

It was billed as a bilateral effort to ensure safe and environmentally responsible development of the Appalachian Basin’s shale gas resources, but not everyone on the environmental side of the aisle is ready to embrace the Center for Sustainable Shale Development (CSSD).

March 25, 2013

Montana Blackfeet Nation Offering Fracking Water Plan

The Blackfeet Nation in Montana and Florida-based Ecosphere Technologies said Tuesday they have agreed for Ecosphere to provide water treatment services to oil/gas operators using hydraulic fracturing (fracking) on portions of the Native American tribe’s 3,000-square-mile reservation.

March 28, 2012

BLM Announces Multi-State Environmental Impact Review on Oil Shale

Calling it a fresh look, the federal Bureau of Land Management (BLM) announced Wednesday a new multi-state environmental impact review on oil shale and tar sand plans in Colorado, Utah and Wyoming. This could eventually impact the allocation of shale and tar sands resources.

April 14, 2011

Canadian Study Finds Inadequate Regulations Address Hydrofracking

Canada nor its provinces have adequate regulations in place to address the scale or cumulative impact of hydraulic fracturing (hydrofracking) on water resources, according to a report issued on Thursday by the water program at the University of Toronto’s Munk School of Global Affairs.

October 15, 2010

Gas Supply Called ‘Vital’ to U.S. Security Interests

Securing a supply of reasonably priced natural gas, which up to now has taken a back seat to its crude oil, will increasingly be viewed as a vital U.S. interest, according to an in-depth study by the Baker Institute Energy Forum.

November 26, 2007

North American Gas Supply Called ‘Vital’ to U.S. Security Interests

Securing a supply of reasonably priced natural gas, which up to now has taken a back seat to its crude oil, will increasingly be viewed as a vital U.S. interest, according to an in-depth study by the Baker Institute Energy Forum.

November 26, 2007

U.S. Majors: Off the LNG Boat and Back Home?

Much has been made of the promise of liquefied natural gas (LNG) for curing the nation’s gas supply woes. By most, LNG is seen as vital for meeting growing domestic gas demand in the face of declining domestic production.

December 5, 2005
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