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Indiana Municipal Power Agency Selects Tantalus’ AI-Powered TRUGrid(TM) Analytics to Enhance Reliability for Member Utilities

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)

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Revolutionizing ERCOT Power Grid Forecasting with Enverus New Model

Enverus

These challenges underscore the need for a forecasting model that can adapt to ERCOT’s unique environment while providing reliable, actionable insights for traders, utilities and analysts. Get Started Today The new ERCOT P&R Forecast Model with Enverus proprietary inputs is now available to Short-Term P&R Forecast subscribers.

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E&P Leaders Count on IFS to Deliver Market Leadership, Proven Performance, and Reliability in Oil & Gas

IFS: Oil & Gas

The post E&P Leaders Count on IFS to Deliver Market Leadership, Proven Performance, and Reliability in Oil & Gas appeared first on IFS Blog. It is no secret the last couple of years brought market uncertainty to the global upstream oil and gas industry.

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Trans Energy Settlement Shows Need for E&P Wetlands Compliance Strategy

The Energy Law

The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities. See 77 Fed. 10184 (Feb.

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Prairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin

Oil & Gas 360º

The attractive mix of current production and future development of the Edge Energy assets enhances Prairie’s inventory depth, accelerates near-term development plans, and supports continued cash flow growth. KEY TRANSACTION HIGHLIGHTS Acquisition Price: $12.5

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US refiner Phillips 66 posts bigger-than-expected quarterly loss

Oil & Gas 360º

However, this scheduled downtime temporarily reduces refinery utilization and the ability to capture revenue from margins, often impacting quarterly performance. Its refinery utilization stood at 80% compared with 92% last year. Phillips 66 said its realized refining margins fell to $6.81 a barrel a year earlier.

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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells. Accounting and Crediting Period.