Energy News Beat LONG BEACH, Calif., May 07 /BusinessWire/ — California Resources Corporation (NYSE:CRC) today reported financial and operating results for the first quarter 2024. The Company plans to host a conference call and webcast on Wednesday, May 8th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). Participation details can be found within this release. […]
Energy News Beat HOUSTON, May 7, 2024 /PRNewswire/ — Chord Energy Corporation (NASDAQ: CHRD) (“Chord”, “Chord Energy” or the “Company”) today reported financial and operating results for the first quarter 2024. 1Q24 Operational and Financial Highlights: Oil volumes of 99.0 MBopd exceeded the high-end of guidance; Lease Operating Expense of $10.39/BOE was below the low-end of guidance; Total volumes of […]
Energy News Beat NEW YORK, May 7 (Reuters) – Oil prices closed slightly lower on Tuesday on signs of easing supply concerns, while market participants shifted their focus to U.S. stockpiles data due later today and Wednesday. Brent crude futures settled 17 cents lower at $83.16 a barrel, and U.S. West Texas Intermediate crude futures […]
Energy News Beat When future generations look back on the global-warming scare of the past 30 years, nothing will shock them more than the extent to which the official temperature records – on which the entire panic ultimately rested – were systematically “adjusted” to show the Earth as having warmed much more than the actual […]
Energy News Beat BRUSSELS — For the first time, the European Commission has proposed sanctions on Russia’s powerful liquefied natural gas industry, according to documents seen by POLITICO. The measures wouldn’t directly bar Russian LNG imports to the EU. Instead, they would prevent EU countries from re-exporting Russian LNG after receiving it — confirming POLITICO’s previous […]
Energy News Beat A shortage of transformers is putting Europe’s grid build-out at risk, stretching project lead times and adding to a price surge that will be felt on consumers’ bills, researchers and experts have warned. The EU is in the midst of a massive build-out of its electricity grid network, estimated to cost €584 billion between […]
Energy News Beat ENB Pub Note: I bet they don’t ever fill it. It is too close to November Elections. The U.S. Department of Energy (DOE) has announced a new solicitation to purchase oil to replenish the Strategic Petroleum Reserve (SPR), according to a DOE press release. The solicitation, announced by the DOE’s Office of […]
Energy News Beat Lithium-sulfur and solid-state batteries offer higher energy density and longer life. Fast-charging technology reduces charging time to minutes. Sustainable initiatives focus on recycling and using eco-friendly materials. In a world where the appetite for energy is insatiable, the battery market has become the playground for some of the brightest minds aiming to […]
Energy News Beat ENB Pub Note: The EV failure is only the tip of the iceberg. – Just watch as the insurance companies and investors are the key downfalls of the EV market. The markets will not support the “energy transition” any longer. Global policymakers are imposing new taxes on electric vehicles as the shift […]
Energy News Beat Sometime this summer, there will be a silver anniversary celebration of sorts for Wyoming’s coal-rich Powder River Basin. Despite all the gloom and doom of coal industry projections that call for falling production from the Cowboy State, America’s coal heartland is expected to hit an astonishing 9 billion tons of coal produced […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
