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American CNG Converting 150 Diesels to Run on Renewable Natural Gas

NGT News

American CNG says it is performing 150 DEMI Diesel Displacer renewable natural gas (RNG) conversions on Sand Revolution‘s existing diesel fleet, with the potential of additional conversions at a future date. Sand Revolution, based in Midland, Texas, provides turnkey last-mile logistics, focused heavily in the Permian Basin.

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Exxon Invests in Another Project to Boost Australia’s Natural Gas Production

OilPrice

A joint venture of ExxonMobil and Woodside Energy has approved a $222-million project to drill new wells and boost natural gas production from fields in the Gippsland Basin offshore southeastern Australia.

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The Next Big Shale Boom Could Be North of the Border

OilPrice

The Permian Basin has been the star of the U.S. shale oil and gas industry for years. But this star is, at least for the time being, dimming as production costs rise with the natural depletion of top-quality acreage. But there is another formation that could take up the torch from the Permian. And its in Canada.

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Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin

Marcellus Drilling News

natural gas companies in the Marcellus/Utica, including Ascent Resources, CNX Resources, EQT Corporation, Equitrans Midstream Corporation (now part of EQT), Expand Energy Corporation, MPLX, and Seneca Resources. The post Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin first appeared on Marcellus Drilling News.

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U.S. Gas Prices Ease On Record Output

OilPrice

natural gas futures eased to a two-week low on Monday amid record output, negative spot prices at the Waha Hub and forecasts for mild weather. Indeed, prices at the hub spent 164 days in negative territory and hit an all-time low -$7/mmbtu at the end of August, truly historical lows.

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Coterra Says Constitution Talks Back On; May Add $50M to Marcellus

Marcellus Drilling News

Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its first quarter 2025 update last week. There was a lot of news coming from the update. However, two things stood out for us:

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Citadel hedge fund to buy $1 billion in Haynesville natural gas assets

Oil & Gas 360º

natural gas market, expanding in one of its most profitable business areas. The hedge fund, led by Ken Griffin, agreed to buy assets from closely held Paloma Natural Gas LLC in a deal valued at about $1 billion, people familiar with the matter said. Demand for the fuel is soaring, driven by rising U.S.