Utica
Lease Sales
On the Market Oil and Gas Quicklist (Week of Oct. 12, 2022)
Here’s a quicklist of oil and gas assets on the market including the sale of certain nonoperated working interest properties in Henry Resources’ Melinda Lease in the Midland Basin in Upton County, Texas.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Oct. 5, 2022
Here’s a snapshot of recent energy deals including a $87 million bolt-on acquisition in the Eagle Ford’s Karnes Trough by SilverBow Resources and Northern Oil and Gas $157.7 million bolt-on in the Permian Basin.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Oct. 5, 2022)
Here’s a quicklist of oil and gas assets on the market including Chevron Permian Basin acreage valued at up to $500 million plus Forge Interests core Delaware Basin ORRI.
Unconventional , ESG , Technology
Shale Gas Producer Achieves Top Emissions Certification Using Lasers
Nearly all of Ascent Resources’ natural gas production focused in the Utica Shale has achieved the top Grade A certification under the MiQ methane emissions standard through a partnership with Bridger Photonics, a Montana-based company that utilizes aerial methane detecting technology.
Natural Gas , Acquisitions & Divestitures , Pipelines
DT Midstream Boosts Ownership of Appalachia Gas Pipeline in $552 Million Cash Deal
DT Midstream will pay National Grid about $552 million in cash to acquire its 26.25% ownership interest in the Millennium Pipeline, which transports Marcellus and Utica gas to markets across New York State and New England.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Sept. 21, 2022
Here’s a snapshot of recent energy deals including SilverBow Resources adding a new Webb County position in South Texas plus the acquisition of core Permian Basin acreage by U.S. Energy Development Corp. for more than $60 million.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Sept. 21, 2022)
Here’s a quicklist of oil and gas assets on the market including EOG Resources Texas Panhandle properties plus an Apache Corp. Gulf of Mexico Shelf nonop opportunity.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Sept. 14, 2022
Here’s a snapshot of recent energy deals including EQT’s monster $5.2 billion acquisition plus the acquisition of NorTex Midstream by Williams in a $423 million transaction.
Lease Sales
Marketed: Stone Hill Minerals Southwest Appalachia Marcellus, Utica Package
Stone Hill Minerals Holdings LLC retained EnergyNet for the sale of a southwest Appalachia package in the Marcellus and Utica shale plays with assets located in West Virginia and Pennsylvania.
Unconventional , Shale Plays , Acquisitions & Divestitures
Analysts: EQT’s Monster $5.2 Billion Deal a Cash Cow
EQT’s purchase of Tug Hill and XcL Midstream’s assets in the Appalachian Basin will contribute to $150 million in long-term cash flow, Goldman Sachs said.