Today's newsletter is the last Rock Report from Mudrock Energy. I have returned to Arsenal Resources as the Director of Geology and Development Planning.
With this transition, Mudrock Energy is pivoting away from consulting and toward managing its investment holdings.
Thank you to all of my clients and supporters over the past two years.
The Northern Plains is one area that stood out. In these higher latitudes, the seasonal shift is very apparent. Summer capacity factors are very high, but the winter values drop significantly.
(Bloomberg) - After driving up prices for everything from steel pipe s to frac sand to labor, inflation has finally ensnared the centerpiece of oilfield equipment: the drilling rig. Rig prices are spiking in the U.S. compared to the rest of the world, promising profits at multiyear high for oilfield contractors.
Highlights Country's biggest gas driller has broad strategy Delivered prices to Europe and Asia up sharply year on year The US' biggest upstream natural gas producer, EQT, may take an equity stake in an LNG export project as it seeks to capture the strong margins between relatively cheap domestic feedgas and high spot prices for cargoes delivered to end-user markets.
PITTSBURGH , April 26, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) and Evolution Well Services ("Evolution") are pleased to announce a four-year extension of their current partnership. CNX Chief Operating Officer Chad Griffith commented, "When we began working with Evolution, we knew this was the next step change on the efficiency frontier that has contributed to CNX being the lowest cost operator in the Appalachian Basin.
April 29 (Reuters) - When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave the industry after 17 years in oil and gas. But his next jobs brought one mishap after another.
Welcome to the Rock Report.
Released monthly, the bulletin highlights popular posts from Mudrock Energy, a monthly horizontal rig summary, and third-party news and papers.
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