Hart Energy

2 days ago | hartenergy.com | Chris Mathews

The Bakken has been repeatedly targeted for over 25 years, but Chord Energy is still finding ways to extract more from the maturing basin. Over 6 Bbbl of crude have produced from the Williston Basin, primarily from the Bakken formation, according to North Dakota and Montana state data. Most of it has produced since 2000, when the first stimulated horizontal well landed targeting the middle Bakken came online in Montana’s Elm Coulee Field.

2 days ago | hartenergy.com | Allen Fore |Sandy Segrist

Hi, this is Sandy Segrist, gas and midstream senior editor for Hart Energy. Joining me today is Allen Fore with Kinder Morgan, executive vice president of public affairs. We have been talking today, a whole lot, about the demand for natural gas and the kind of infrastructure that is going to be needed. This year we have two LNG projects that came online at the end of last year, and then Golden Pass LNG is expected to come online possibly by the end of the year or sooner than that.

3 days ago | hartenergy.com | Chris Mathews

Canadian firm Vermilion Energy is selling its last U.S. assets for cash proceeds of CA$120 million (~US$88 million). The assets in the Powder River Basin include an average of 5,500 boe/d (81% oil and liquids) of production and 10 MMboe of proved developed producing (PDP) reserves. Calgary-based Vermilion told investors it had launched a formal sales process for the Wyoming assets in the first quarter. The assets include multi-zone development potential across the Niobrara and Parkman benches.

3 days ago | hartenergy.com | Sandy Segrist

Despite a slew of events—war, tariffs, regulatory policy—that have rocked the energy markets in the first half of 2025, the broad picture remains relatively stable, an energy banker said at Hart Energy’s Energy Capital Conference on June 4. “It’s an interesting kind of teeter-totter that is out there in the world economy right now,” said Mari Salazar, senior vice president and director for energy banking at BOK Financial.

3 days ago | hartenergy.com | Amanda Stephenson

The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) widened on June 4, as some oil sands production that had been temporarily halted this week due to the threat of nearby wildfires was restarted. WCS for July delivery in Hardisty, Alberta, settled at $9.10/bbl under the U.S. benchmark WTI, according to brokerage CalRock, after having settled at $9 under the U.S. benchmark on June 3.