Remove Casing Remove Completion Remove Government
article thumbnail

When Force Majeure Isn't Enough: The Causation Trap That Cost Kinder Morgan $100 Million

Producer's Edge

In case you somehow forgot, the 2021 Valentines Day storm coined “Snovid,” “Snowmageddon,” or officially labeled Winter Storm Uri, blanketed Texas in snow and ice, even bringing snowfall to Galveston Beach. This is normally completed through an addendum or “special provisions.”

Gas 52
article thumbnail

The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

In the PNIEC, the government reported that 67.9 Our analysis suggests that the cost of adopting CCUS would be similar to the price of emissions allowances under the EU ETS by 2030, creating a plausible business case for this technology. On top of CEF-E funding, the Norwegian government provided €1.7

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Zephyr Energy announces result of oversubscribed Bookbuild and Posting of Notice of general Meeting

Oil & Gas 360º

Application will be made to London Stock Exchange for admission of the Second Placing Shares to trading on AIM (“ Second Admission “), subject to, amongst other things, completion of the First Placing and the passing of the Resolutions. on 29 July 2025). (the No public offering of securities is being made in the United States.

Energy 130
article thumbnail

New Era Helium Advances Hyperscaler Discussions and Prepares for Board Expansion to Accelerate AI Infrastructure Strategy in the Permian Basin

Oil & Gas 360º

The Company is completing final due diligence, and the appointments are expected to reinforce the Company’s governance and long-term growth strategy. In addition, the Company has also identified three new board candidates with expertise spanning energy, infrastructure, and digital innovation. Will Gray II, CEO of New Era Helium, Inc.,

Basin 130
article thumbnail

U.S. Energy Secretary says oil output drop in 2026 ‘unlikely’

Oil & Gas 360º

Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency. Strategic Petroleum Reserve should be completed this year, Wright said. (World Oil) – U.S. The Energy Information Administration revised down its view of U.S.

Oil 130
article thumbnail

Touchstone Posts Production Numbers from Trinidad Asset

Rigzone

From January through April, 11 LNG liftings, including the associated liquids, were completed, totalling around 2.2 Further, Touchstone said it completed site surveys for two additional well pads, each capable of supporting up to four drilling locations. The company said it is currently awaiting government construction approvals.

article thumbnail

How Close Did Iran Come to Shutting Strait of Hormuz?

Rigzone

It has lost its position in a number of countries almost completely … It has lost its air defense completely. and with the support of others who need the Strait to remain open), it could be an up to three month operation in the worst case,” Morse warned.

Barrel 104