Marcellus

Pipelines , Natural Gas

Equitrans Pushes MVP Finish to First Quarter of 2024

Equitrans Midstream’s expected cost of the Mountain Valley Pipeline has increased to $7.2 billion.

October 19, 2023

Acreage Maps , Field Development , Acquisitions & Divestitures , Shale Plays

Analysts: Chesapeake-Southwestern Deal Could Create Top US Shale Gas E&P

A merger between Chesapeake Energy Corp. and Southwestern Energy Co. would create the nation’s largest natural gas E&P, analysts say. But a multibillion-dollar combination could also draw scrutiny from regulators.

October 19, 2023

Shale Plays , America's Natural Gas , Emerging Plays , Discoveries

Alliances Bringing Australia’s Beetaloo to Life

Tamboran Resources with help from APA Corp. and Helmerich & Payne is advancing its goal of producing 1.5 Bcf/d by 2035 from the Australian shale play.

October 6, 2023

Shale Plays

Analysts: Top-Tier Drilling Inventory Shrinking as Well Costs Rise

The cost of supply for North American shale producers is expected to continue rising, according to a recent analysis by Enverus Intelligence Research.

September 27, 2023

Natural Gas , Liquefied Natural Gas (LNG)

Coming Soon: The More Than 10 Bcf/d Bigger Call On US Gas

Get ready for a Gulf Coast gas boom. Answering the call isn’t going to be the Marcellus, which is constrained, said Chesapeake Energy Corp. CEO Nick Dell’Osso.

September 11, 2023

Acquisitions & Divestitures

EQT (Finally) Closes $5.2B Tug Hill, XcL Midstream Acquisition

After purchase price adjustments, EQT paid approximately $2.4 billion of cash and 49.6 million shares of EQT common stock for the Tug hill and XcL Midstream assets.

August 22, 2023

International , Markets , Exploration & Production , Shale Plays

Repsol Optimizing Venezuelan Gas, Focused on US Consolidation

Spain’s Repsol S.A. has an eye on optimizing its Venezuelan natural gas production as well as consolidating the U.S. as a key growth area, according to the company’s CEO and executive director Josu Jon Imaz San Miguel.

August 16, 2023

Mergers

WhiteHawk Energy Takes Spurned PHX Minerals Merger Proposal Public

After several unsuccessful attempts to engage PHX Minerals in merger talks, WhiteHawk Energy released a letter communicating its proposal directly to PHX shareholders.

August 9, 2023

Dividends/Buybacks , Exploration & Production , Natural Gas , Crude Oil

Coterra: Drilling, Services Costs Could Fall 5% into 2024

Coterra Energy has started to see relief in well costs on big-ticket items like steel, sand and frac crews, the E&P reported in second-quarter earnings.

August 9, 2023

Acquisitions & Divestitures , Exploration & Production , Liquefied Natural Gas (LNG)

EQT Corp. Near Closing of $5.2B Tug Hill Acquisition

Tug Hill's midstream assets would boost EQT Corp.’s access to markets, but the deal has languished for nearly a year while under regulatory scrutiny.

July 26, 2023