International, Domestic Buyers Clamor for US Shale Gas M&A
Marketing is heating up for gassy assets in the Haynesville, Appalachia and Midcontinent, a sign that natural gas remains one of the bright spots in upstream portfolios, M&A experts tell Hart Energy.
Pipeline Revival Fuels Optimism in Coterra’s Marcellus Play
As talk of reviving the Constitution Pipeline heats up, Coterra is well-positioned to capitalize from its Marcellus gas assets in Pennsylvania, CEO Tom Jorden said at an investor conference.
Gradiant to Build Lithium Production Facility Using Oilfield Produced Water
The facility in the Marcellus Shale will be the world’s first to extract, concentrate and convert lithium in a fully integrated, end-to-end process from oilfield produced water, according to Gradiant.
Diamondback: Permian Gas Next Target but Pipe, Prices Needed
The Permian Basin has a lot of untapped gassier rock that could be part of a “huge investment” in natural gas, said Michael Sollee, Diamondback Energy’s director of infrastructure, at the IPAA annual meeting.
PHX Shares End Trading as WhiteHawk Closes $187MM Merger
The combined company will manage 3.1 million gross unit acres across the Marcellus, Haynesville and other U.S. shale plays.
IPAA’s Newest Chief Roughneck: $50 Oil ‘Not What We Need’
Permian Basin-focused operator Don Sparks told fellow wildcatters, after receiving the IPAA’s lifetime achievement award, that Washington should be helping the U.S. industry assure national security, and that won’t happen at $50 oil.
Manchin: ‘We Cannot Get Back Into Another War’
Former U.S. Senator Joe Manchin told oil and gas producers the U.S. already has two wars “we never paid for” at the IPAA’s annual meeting. The denuclearization of Iran should be left up to Israel, he said.
Tamboran Beetaloo Flow Test Shows Properties Similar to Marcellus
Tamboran Resources’ sidetrack in the Beetaloo Basin IP’ed an average of 7.2 MMcf/d over 30 days from a roughly 1-mile lateral, an IP rate similar to the average IP-30 of Marcellus dry-gas wells.
‘Nothing Says NY is On Board’: Williams Faces Pipeline Test, Again
Williams Cos. is moving forward with its previously abandoned Constitution and Northeast Supply Enhancement projects with White House support.
IPAA Seeking New CEO as Eshelman to Take New Role
IPAA’s chairman Mike Hillebrand told members in an email that the next CEO would be “a visionary, dynamic leader who understands the unique challenges and opportunities facing our diverse membership.”