USA

US solar developer 8minutenergy Renewables expands operations into Texas

8minutenergy Renewables built the world’s largest solar PV farm, 800 MW Mount Signal project in California SAN FRANCISCO & HOUSTON-8minutenergy Renewables, LLC, a solar developer in the United States, announced at the Gulf Coast Power Association Fall Conference in Austin, Texas the company has formally expanded operations into Texas. 8minutenergy recently opened an office in Houston to drive […]

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Alpine High discovery driving interest, but in underperforming area – IHS Markit

IHS analysis indicates asset has solid potential, but repeatability unknown HOUSTON  – Apache Corporation’s recent announcement that it had made a significant new oil and gas discovery in the southern portion of the Delaware Basin in west Texas has strengthened industry interest in the emerging sub-play, but previous well results from other operators in the

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Marathon Oil Corp sale of Permian Basin assets part of industry rationalization – economist

Marathon Oil sale of 349 wells: 185 active, 124 active injection, 34 inactive and 6 temporally abandoned Rationalization of the Permian Basin oil and gas industry continues with news that Marathon Oil is selling its stake in non-operated wells and redeploying the capital to the STACK play in Oklahoma. An analyst’s note from Credit Suisse Monday downgraded

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Apache discovers 3 billion barrel ‘Alpine High’ play in Southern Delaware Basin

Apache has drilled 19 wells in Alpine High, with 9 currently producing in limited quantities due to infrastructure constraints HOUSTON – Apache Corporation says it has discovered a huge field with reserves of three billion barrels of oil and 75 Tcf of natural gas in the southern Delaware Basin in West Texas. The discovery was announced Wednesday after “two

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Permian Basin News: Pioneer Natural Resources acquires Midland Basin acreage

Pioneer expects to use 3 horizontal rigs to drill the newly added Sale Ranch area locations DALLAS – Pioneer Natural Resources Company announced that they closed the acquisition of approximately 28,000 net acres in the Midland Basin from Devon Energy for $435 million, according to a press release. The acreage is located in Martin, Midland, Upton, Reagan, Glasscock, Andrews, Dawson, Gaines and

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South Texas fracking emissions ‘Within federally mandated acceptable limits’ – UTA study

With examining ambient emissions around fracking sites, the researchers also recorded emissions levels in the region By Matt Mandel, EnergyInDepth A new study from researchers at the University of Texas at Arlington (UTA) found that ambient emissions in and around hydraulic fracturing (fracking) sites in South Texas’ Eagle Ford Shale are within acceptable limits –

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Blackstone, Jay Still join forces to buy 16,000 net acres in Permian Basin

Blackstone commits $500 million, says much more available for future expansion Blackstone, one of the world’s biggest investment firms, is expanding its presence in the Permian Basin of Texas, by joining up with a team of industry veterans led by Jay still. Blackstone Energy Partners, an affiliate of Blackstone (NYSE:BX), has partnered with Still and Guidon Energy, an oil and

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