Marcellus

Exploration & Production , Shale Plays , Completions

Seneca Resources Shares Results of Frac Fleet Study with NexTier

Pennsylvania shale operator Seneca Resources explains why it ultimately chose Tier 4 dual fuel equipment after a comprehensive study with NexTier Oilfield Services.

January 20, 2022

Shale Plays , Acquisitions & Divestitures , Mergers

Chesapeake Reportedly Nears $2.4 Billion Deal to Buy Chief Oil & Gas

If completed, it would be the second acquisition that Chesapeake has made since February 2021, when it emerged from one of the largest oil and gas producer bankruptcies of recent years.

January 20, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 19, 2022

Here’s a snapshot of recent energy deals including the $1.9 billion merger of Falcon Minerals with privately held Desert Peak plus Clearfork bags its first deal after a $400 million equity commitment.

January 19, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 12, 2022

Here’s a snapshot of recent energy deals including UpCurve II’s initial acquisition in the Permian Basin plus a surprise $3.25 billion cash acquisition announced by Enterprise Products Partners.

January 12, 2022

Public Capital , Shale Plays

Coterra Energy CEO Tom Jorden Says Increase in Shale Spending Unlikely

Tom Jorden, CEO and president of Coterra Energy, is bullish on oil and natural gas prices, but said his company would concentrate on shareholder returns, including an ordinary and variable dividend.

January 7, 2022

Shale Plays , Technology , Gathering & Processing

BCCK Holding to Enhance Recoveries at Cryogenic Gas Facility in Marcellus-Utica Basin

The project will utilize a skidded BCCK patent-pending design, which will be available to enhance propane recoveries at many of the existing 200 MMscf/d GSP facilities operating throughout the U.S.

January 7, 2022

Rig Counts , Unconventional

Chart: Eastern Rig Count as of January 7, 2022

Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia

January 7, 2022

Shale Plays , Acquisitions & Divestitures

Dallas-based Rising Phoenix Scores Marcellus Shale Acquisition

Rising Phoenix’s Marcellus Shale mineral acquisition spans 98 net royalty acres in Pennsylvania’s Washington County. Range Resources Corp. is the wellsite operator.

January 6, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 5, 2022

Here’s a snapshot of recent energy deals including back-to-back deals by Lime Rock Resources in the Williston Basin and Eagle Ford Shale totaling $358.5 million plus a slew of transactions completed by the end of the year.

January 5, 2022

Restructurings , Shale Plays , Acquisitions & Divestitures

Spain’s Repsol to Buy Rockdale Marcellus Assets in $222 Million Bankruptcy Sale

Rockdale Marcellus, which filed for bankruptcy in September, was formed with the acquisition of Shell’s operated Marcellus properties in Tioga, Lycoming and Bradford counties in Pennsylvania.

January 5, 2022