Pennsylvania shale operator Seneca Resources explains why it ultimately chose Tier 4 dual fuel equipment after a comprehensive study with NexTier Oilfield Services.
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.
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.
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.
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.
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.
Rising Phoenix’s Marcellus Shale mineral acquisition spans 98 net royalty acres in Pennsylvania’s Washington County. Range Resources Corp. is the wellsite operator.
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.
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.