Gerson Freitas Jr October 25, 2021, 12:14 PM PDTU.S. natural gas prices soared the most in more than a year, erasing much of a recent decline, as end-of-month trading boosted volatility and forecasts for chillier weather revived concerns about tight supplies.Henry Hub gas for November delivery gained 11.7%, the biggest gain since September 2020, to $5.898 per million British thermal units. Prices are…See More
"The ACH Authorization form raises a huge red flag in the first sentence:
"I/we the undersigned hereby authorize Diversified Oil and Gas Corporation to initiate credit entries and to initiate, if necessary, debit entries and setoffs or…"
(Note: Bolding by me.)Record exports, steamy weather and frugal producers are pushing up prices for the fuelBy Ryan DezemberUpdated Aug. 3, 2021 8:03 am ETThe heat wave that scorched the West has dissipated, but natural-gas prices have yet to cool off. The power-generation fuel has been in high demand to run air conditioners and make up for parched hydropower markets, and forecasters expect booming exports and more steamy weather to keep supplies down and prices up.Natural-gas futures have…See More
"Mr. Lawler clearly shifted the course of CHK during his tenure. Not for me to say if the shift was wise or unwise. Perhaps his work is done, and it is time for someone who can "build" versus "right-size." From…"
His departure comes two months after the once-highflying shale-gas company emerged from bankruptcyBy Collin Eaton / Wall Street JournalUpdated April 27, 2021 2:23 pm ETDoug Lawler, the chief executive of Chesapeake Energy Corp., will leave the company at the end of this month, little more than two months after the shale-gas pioneer emerged from bankruptcy.The Oklahoma City-based company said Tuesday that Mike Wichterich, who became Chesapeake’s chairman in February, will serve as interim CEO as…See More
The slumping petroleum industry is shifting work from securing drilling rights to lining up properties for wind turbines and solar panels. But the landman profession is shrinking.Carter Collum used to spend mornings shoulder to shoulder with competitors in the record rooms of East Texas courthouses, hunting for the owners of underground natural- gas deposits. At night, he made house calls, offering payments and royalties for permission to drill. Mr. Collum worked as a landman, tracking the…See More
"Texas is full speed ahead to become a real circus with real clowns. No more pretty ladies on fancy horses, no more roaring lions, only clowns fumbling over themselves.
The tight rope walk is going to be a hoot! "
Texas Won’t Pick Energy Winners, Just Defend LosersSection: Politics & PolicyBy Liam Denning / Mar 15, 2021Even in Texas, freedom has its limits. City limits to be precise. The same day Attorney General Ken Paxton sued the city of Austin over a facemask mandate, the Texas legislature sought to constrain local liberties on another…See More
Beijing’s quest to run world’s second-largest economy on cleaner energy is reshaping global trade in the fossil fuelBy Chuin-Wei Yap and Chieko TsuneokaMarch 5, 2021 5:30 am ETChina’s quest to anchor its industrial growth to cleaner energy is whiplashing global prices of liquefied natural gas, reshaping trade in the world’s fastest-growing fossil fuel and raising fears of power blackouts in neighboring economies competing for the resource.A sudden confluence of global supply outages and an…See More
"It appears the answer to your thread question is yes. WSJ exclusive just posted:
Exxon Planning Board, Other Changes Amid Activist Pressure
Exxon Mobil Corp. XOM +0.44% is preparing to make changes to its board and adopt further measures to reduce…"
"Moffett parlayed a geology degree into fast riches as he showed an affinity for finding oil and natural gas in Louisiana. Oilmen such as William “Tex” Moncrief Jr. and the late T. Boone Pickens Jr. recognized him as one of America’s great wildcatters, now a rare breed."Wall Street Journal / Jan 11, 2021James “Jim Bob” Moffett, an oil wildcatter turned mining prospector who helped buildFreeport-McMoRan Inc. into a natural-resources giant, has died at age 82.Mr. Moffett died on Friday night in…See More
"From the WSJ:
"After approving the company’s plan during a virtual court hearing, Judge Jones addressed Chesapeake Chief Executive Robert Lawler directly, telling him “to remember that a lot of people have suffered a lot of pain for…"
"This is one of several bullish HA assessments I've seen published in recent days. This, while the Marcellus is producing little more than the sound of crickets for new exploration, and our closer neighbors Eagle Ford and Permian Basin continue…"
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More