It goes without saying the soaring price of crude oil and wild price swings have producers rethinking their capital budgets and drilling programs this year. While some operators are focused on capital discipline and shareholder returns amid the Mid-East conflict, others are set to ride the wave of higher prices by expanding operations, boosting production, and adding rigs. ...
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Factoid: More than 4,200 data centers in the U.S. currently operate 24/7. Another 1,500 are under development. Not sure how many we need, but we do know crazy demand for power, largely driven by AI, is transforming how that power is sourced and supplied to data centers with their nonstop computing workloads....
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If you guessed the Permian or Argentina’s Vaca Muerta, you could be wrong. ...
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For hedge funds, owning physical drilling assets was hardly a regular cup of joe with scrambled eggs in the morning. As a matter of fact, it was downright unusual. But Citadel had a lot up its sleeve when it came to the Haynesville. Still does. ...
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Sleep might have come easy for CEO Kim Dang on the eve before reporting Kinder Morgan’s Q1 2026 results yesterday. But then again, maybe not. Great news can either lull you into sweet dreams or keep you crazy awake with anticipation. ...
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After years of battling special interest groups, environmentalists, and local and state officials, Tulsa-based midstream giant Williams in 2024 took a breather from all the drama set on snuffing out the company’s proposed Northeast Supply Enhancement (NESE) pipeline. ...
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