December 1, 2021 — Ft. Worth independent nuclear energy parts and services provider Paragon Energy Solutions has been acquired by Newport Beach, CA private equity company Windjammer Capital Investors as part of a …
By Alex Mills The Strategic Petroleum Reserve (SPR) has been a controversial part of the energy debate since the first Arab oil embargo. During the 1973 Arab-Israeli War, Arab members of the Organization …
December 2, 2021 — The statewide flaring rate fell to a record low level in September, according to the Railroad Commission’s latest production data. The percentage of natural gas flared in Texas dropped from …
December 1, 2021 — Crude oil and natural gas production as reported to the Railroad Commission of Texas for September 2021 came from 162,179 oil wells and 86,217 gas wells. The RRC reports …
By Matt Welch, State Director of Conservative Texans for Energy Innovation The February winter storm shocked Texans to the core. For days, the energy capital of the United States shivered silently in …
November 30, 2021 — It’s now harder for natural gas producers to automatically get out of “winterizing” their wells, thanks to changes made unanimously by the Railroad Commission of Texas on Tuesday. The …
By Alex Mills Just about a half a century ago, the United States was battling rising inflation fueled by energy costs. The year was 1976, and inflation was 7.7% and gasoline prices averaged …
Click here to read the Meadows Center report on groundwater sustainability, and click here to read the EDF report on groundwater conservation districts. The Meadows Center for Water and the Environment was named for a gift from …
November 19, 2021 — NextEra Energy Partners is preparing to purchase a minority equity interest in a portfolio of unspecified wind and solar assets in association with multinational investment group BlackRock using a …
November 17, 2021 — A Texas firm owned by two top energy companies, McDermott and a development capital company is touting a “revolutionary technology” that doesn’t spew emissions while generating electricity from natural gas.
La Porte-based NET Power said on Wednesday it has delivered electricity onto the ERCOT grid from its 50 MWth test facility — “the first time anywhere in the world this has been achieved,” a milestone for the energy industry.
November 17, 2021 — President Joe Biden on Wednesday sent a letter to the FTC calling for an investigation into “anti-consumer behavior by oil and gas companies” based on the difference between pump prices and the cost of unfinished gasoline.
President Biden wrote to Federal Trade Commission Chair Lina Khan, noting that the agency “has authority to consider whether illegal conduct is costing families at the pump. I believe you should do so immediately.”
November 16, 2021 — Comstock Resources says it has closed on its sale of Bakken shale non-operated properties for $154 million and is preparing to buy more than 22,000 acres in the Haynesville.
The sale, retroactive to October 1st when the deal was signed, includes “non-operated interests in 442 producing wells (68.3 net) producing approximately 4,500 barrels of oil equivalent per day,” the company said, and it expects to recognize a pre-tax loss of $150-$160 million on the divestiture.
By Alex Mills November 14, 2021 — Consumption of energy will continue to rise through the remainder of the year firming the price of petroleum products, according to a new study released by …
November 14, 2021 — US and Canada retail energy provider Just Energy Group Inc.,while still in bankruptcy, is suing ERCOT and the Public Utility Commission of Texas over payments the company made in …
November 11, 2021 — The Texas Alliance Oil & Gas PAC announces its enthusiastic endorsement of Wayne Christian to be reelected to the Railroad Commission of Texas. “Chairman Christian led the Railroad Commission …
November 10, 2021 — New research from Texas A&M University scientists could help boost the efficiency of nuclear power plants in the near future. By using a combination of physics-based modeling and advanced …
Amplify Energy During the third quarter of 2021, the Company: Achieved average total production of 25.1 MBoepd Generated net cash provided by operating activities of $18.9 million Delivered Adjusted EBITDA of $27.1 million …
November 9, 2021 — The Texas Comptroller‘s office says the natural gas production tax collected in October was 356% more than a year earlier. Increased natural gas prices and the low period for …
By Mike Shiloh November 9, 2021 — On his November 8th HBO program, talk host/comic John Oliver tried to explain America’s electricity problems and how they can be fixed — well, because climate …
November 8, 2021 — Interstate Oil and Gas Compact Commission Vice-Chairman Wayne Christian has passed a resolution urging President Joe Biden and the U.S. Congress not to include anti-oil and -gas policies in …