It is a task that dates back to the Republic of Texas when 220,000 acres were set aside for the establishment and endowment of a university. By 1883 that grant had grown to 2.1 million acres that now benefits over 20 educational and health institutions across the University of Texas and Texas A&M University systems. It is one of the largest university endowments in the nation.

There are 55,000 municipalities across the country, and they all face the same three choices for safely moving natural gas and water: Ductile Iron, PVC and HPDE.

It’s been really interesting to see talk about some of the clever / creative ways that E&Ps are increasing drilling activity. In some cases the adds are blatant. But in others, they are more subtle – adding wellbores without seeming to increase core rig count very much.

Dallas-based Energy Transfer Operating agreed to independent testing of homeowners' water and promised to remediate contamination in a settlement of two separate criminal cases brought by the Pennsylvania attorney general.

The Calgary-based oil and gas company reported on July 27 that it discovered about 55,000 litres of produced water had spilled before it shut down the pipeline in Norman Wells, N.W.T.

"Our ESG performance is central to our organization – from the board room to our daily operations. We’re committed to strengthening our performance and expanding our reporting as we further progress our sustainability efforts."

Quite a few other Private Equity (PE) firms with a history of investing in both E&P and OFS are trying to reduce exposure to fossil fuels in favor of greener energy sources and platforms leveraged to energy transition themes. And many of them invested in oilfield companies in the 2014-2018 time frame - those investment horizons may conspire with cyclical and external factors to compel more sales over the next 6-12 months. Will there be enough cash buyers?

According to data released by energy analytics firm Enverus, U.S. oil and gas dealmaking contracted 65% Y/Y to $12 billion last quarter, a far cry from $34.8 billion in last year’s corresponding period, as high commodity price volatility left buyers and sellers clashing over asset values.

Enhanced Midstream Looking For SWD Operator.

Texas’ coffers continue to expand from record amounts of production taxes paid by the state’s oil and natural gas producers.

"I am looking for someone to sandblast and paint exteriors of (4) Frac Tanks in the Cambridge Ohio area."

Williams and PennEnergy Resources LLC have entered into an agreement to support the marketing and delivery of certified, low emissions next gen natural gas, the companies announced on Monday.

One investor not planning to abandon oil anytime soon is Warren Buffett, who has shown a distinct liking for the stuff by taking major stakes in US supermajor Chevron and in mid-level group Occidental Petroleum, where Buffett’s Berkshire Hathaway has rapidly built the largest stake of close to 20%.

BlackRock Inc., the world’s largest investment firm with $10 trillion in assets under management, is beginning to feel the heat of its anti-fossil fuel strategy.

The company made $1.2 billion in profit last quarter, versus making just $30 million a year ago. Natural gas production in the Marcellus stayed pretty much even at 2.22 Bcf/d.

Early in 2Q22 earnings season, several service companies (including HAL) mentioned that customer conversations about 2023 were heating up earlier than normal. Their comments may have actually understated the extent to which this “run on 2023 OFS capacity” is happening.

TCEQ, other officials baffled by notification from EPA of non-attainment, citing lack of data showing the area is exceeding air quality standards.

Southwestern invested $585 million of capital during 2Q and placed 42 wells to sales, including 23 in the Marcellus/Utica and 19 in Haynesville.

Despite rumors, in Gulfport’s 2Q22 update issued earlier this week, there wasn’t even a whisper about a potential sale or merger.

Chessy CEO Nick Dell’Osso said the company will focus more on drilling for natural gas in both the Marcellus and Haynesville shale plays, and less on drilling in the company’s oil-focused Eagle Ford play. In fact, Chesapeake now views the Eagle Ford as “non-core” and will (soon) stop investing in drilling new wells there.