IPO , Shale Plays , Exploration & Production

U.S. Shale-catters to IPO Australian Shale Explorer on NYSE

Tamboran Resources Corp. is majority owned by Permian wildcatter Bryan Sheffield and chaired by Haynesville and Eagle Ford discovery co-leader Dick Stoneburner.

May 4, 2024

Acquisitions & Divestitures , Gathering & Processing , Compression

Antero Midstream Buys Summit Midstream Assets in $70M Deal

The deal by Antero Midstream strengthens Antero Resources’ gathering and compression in Marcellus Shale.

May 3, 2024

Unconventional , Wind , Shale Plays , Acquisitions & Divestitures

Equinor Says EQT Asset Swap Upgrades International Portfolio

Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.

April 30, 2024

Acquisitions & Divestitures , Mergers , Investment

M&A Spotlight Shifts from Permian to Bakken, Marcellus

Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.

April 29, 2024

Rig Counts , Natural Gas

Repsol to Drop Marcellus Rig in June

Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.

April 26, 2024

Lease Sales

Marketed: BKV Chelsea 214 Well Package in Marcellus Shale

BKV Chelsea has retained EnergyNet for the sale of a 214 non-operated well package in Bradford, Lycoming, Sullivan, Susquehanna, Tioga and Wyoming counties, Pennsylvania.

April 18, 2024

Acquisitions & Divestitures

EQT, Equinor Agree to Massive Appalachia Acreage Swap

Equinor will part with its operated assets in the Marcellus and Utica Shale and pay $500 million to EQT in exchange for 40% of EQT’s non-operated assets in the Northern Marcellus Shale.

April 15, 2024

Earnings , Shale Plays , Rig Counts , Field Development

E&P Earnings Season Proves Up Stronger Efficiencies, Profits

The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.

April 4, 2024

International , Natural Gas , Crude Oil , Shale Plays

Repsol Eyes Increasing Core US Upstream Business

Madrid-based Repsol SA will invest €$2.2 billion (US$2.38 billion) between 2024-2027 on its unconventional assets in the Marcellus and Eagle Ford as it focuses on increasing its core U.S. upstream business platform.

February 29, 2024

Shale Plays , Investment , Acquisitions & Divestitures , Earnings , Natural Gas

Analysts: Why Are Investors Snapping Up Gulfport Energy Stock?

Shares for Oklahoma City-based Gulfport Energy massively outperformed market peers over the past year—and analysts think the natural gas-weighted name has even more upside.

February 29, 2024