Other Plays

The Golden State’s largest oil and natural gas producer, California Resources Corp. (CRC), has partnered with ICE Thermal Harvesting LLC and the University of Houston to use zero-emissions electricity for in-field operations.  The pilot project, which was launched at CRC’s flagship Elk Hills oilfield in October, aims to test the feasibility of harvesting thermal energy…

Pennsylvania Gov. Tom Wolf, a Democrat in the second-largest U.S. natural gas-producing state, approved an act boosting tax credits for natural gas use by billions over decades.  Act 108, enacted from House Bill (HB) 1059 and dubbed the Pennsylvania Economic Development for a Growing Economy (PA EDGE), amends the Keystone State’s tax code to bring…

Calgary-based Crescent Point Energy Corp. recorded a 10% increase in natural gas production during the third quarter, but the company is focusing on the Kaybob Duvernay formation for liquids growth over the next five years. Management said natural gas output hit 144.3 MMcf/d during the quarter, up from 130.8 MMcf/d a year earlier. Natural gas…

Southwestern Energy Co. said Friday that it was reinforcing its long term flow assurance to U.S. LNG facilities by adding 500 MMcf/d of new firm transportation starting in 2024. The transport to the Gulf Coast liquefied natural gas corridor would be on Momentum Midstream LLC’s 1.7 Bcf/d New Generation Gas Gathering system and DT Midstream…

After swiftly completing five takeovers, Tamarack Valley Energy Ltd. emerged in the third quarter as an independent natural gas and oil growth star in the Clearwater formation of Canada. The Calgary independent has paid about $1.1 billion for five deals across the Clearwater area, which is northeast of Alberta. The latest was in September, when…

Processing plant and pipeline additions should enable natural gas production to more than double in the Montney Shale, according to the Canada Energy Regulator (CER). Expansions by 46 plants have grown capacity in northeastern British Columbia (BC) along the Alaska Highway to 9.2 Bcf/d, or 59% more than the current 5.8 Bcf/d processing volume, a…

Summit Midstream Partners LP has agreed to acquire Outrigger DJ Midstream LLC and the operating subsidiaries of Sterling Energy Investments LLC for about $305 million total in cash to expand in Colorado. The Outrigger DJ assets in Weld County, CO, within the Denver-Julesburg (DJ) Basin, comprise a 60 MMcf/d cryogenic natural gas processing plant, about…

Driven by the Haynesville Shale and the Permian Basin, natural gas production from seven key Lower 48 plays is set to surge 554 MMcf/d from October to November to more than 95 Bcf/d, according to updated modeling from the Energy Information Administration (EIA). In its latest Drilling Productivity Report (DPR), published Monday, EIA said it…

After tumbling by more than half since 2020, the number of drilled but uncompleted wells (aka DUCs) may have hit a bottom late this summer, but some growth could materialize into 2023, according to the latest tally by the U.S. Energy Information Administration (EIA). The EIA’s September Drilling Productivity Report showed that after reaching more…