Hart Energy

Hart Energy

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  • How Grounded AI Could Save $1 Billion in the Permian Water Sector

    How Grounded AI Could Save $1 Billion in the Permian Water Sector

    The oil and gas industry’s recent and explosive success in the Permian Basin has been a boon to production and profitability for producers as well as to American energy independence overall. Production in western Texas and southern New Mexico ...

    Prateek Joshi;Mike Hormell

  • Oil Slips As US, China Add More Tariffs In Trade War

    Oil Slips As US, China Add More Tariffs In Trade War

    Oil prices weakened on Sept. 2 after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude. Brent crude fell 97 cents to $58.28 a barrel by 1543 GMT, while ...

    Gary McWilliams

  • Measuring The Impact Of Well Spacing With Novel Geospatial Technique

    Measuring The Impact Of Well Spacing With Novel Geospatial Technique

    A key factor in the economic development of unconventional resources is determining optimal well spacing. As development of unconventional play progresses, wells naturally become spaced closer together. Operators are learning, in some cases at ...

    Steve Hendrickson

  • Enbridge needs US Approval to Restart natgas pipe after Ky. Blast

    Enbridge needs US Approval to Restart natgas pipe after Ky. Blast

    Canadian energy company Enbridge Inc. said it is working to meet the terms of an order from federal regulators so it can restart the part of its Texas Eastern pipeline in Kentucky that was damaged in a blast on Aug. 1 that killed one person. ...

  • US Shale Oil Output to Rise to Record Level in September

    US Shale Oil Output to Rise to Record Level in September

    U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bbl/d) in September, to a record 8.77 million bbl/d, the U.S. Energy Information Administration forecast in its monthly drilling productivity ...

    Devika Krishna Kumar

  • Concho Resources’ Profit Falls 25% On Lower Crude, Gas Prices

    Concho Resources’ Profit Falls 25% On Lower Crude, Gas Prices

    U.S. oil and gas producer Concho Resources reported a 25% fall in quarterly profit on July 31, dragged down mainly by lower crude and natural gas prices. Adjusted net income fell to $139 million, or 69 cents per share, in the second quarter ...

  • Texas Environmentalists Plan Lawsuit Against Valero For Pollution

    Texas Environmentalists Plan Lawsuit Against Valero For Pollution

    Three Texas environmental groups notified Valero Energy Corp. on May 22 of plans to file a lawsuit under the U.S. Clean Air Act for pollution at the company’s Port Arthur, Texas, refinery, the organizations said. Environment Texas, the ...