Appalachia
Acquisitions & Divestitures , Natural Gas , Shale Plays
EQT Strengthens Appalachian Position in Swap with Equinor
EQT, the largest natural gas producer in the U.S., is taking greater control of the production chain with its latest move.
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.
DUG Haynesville , Emissions
How Diversified Already Surpassed its 2030 Emissions Goals
Through Diversified Energy’s “aggressive” voluntary leak detection and repair program, the company has already hit its 2030 emission goal and is en route to 2040 targets, the company says.
Acquisitions & Divestitures , Shale Plays
Ohio Oil, Appalachia Gas Plays Ripe for Consolidation
With buyers “starved” for top-tier natural gas assets, Appalachia could become a dealmaking hotspot in the coming years. Operators, analysts and investors are also closely watching what comes out of the ground in the Ohio Utica oil fairway.
Mergers , Policy & Regulations
Chesapeake-Southwestern Deal Delayed Amid Feds Scrutiny of E&P M&A
The Federal Trade Commission asked Chesapeake and Southwestern for more information about their $7.4 billion merger — triggering an automatic 30-day waiting period as the agency intensifies scrutiny of E&P deals.
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.
Midstream , Liquefied Natural Gas (LNG) , Natural Gas liquids (NGL) , Crude Oil , Infrastructure , Energy Storage , Hydrogen , Shale Plays , Acquisitions & Divestitures , Mergers , Storage , Construction , Pipelines
Kinder Morgan Exec: Don’t Count Out Midstream in M&A Frenzy
Kinder Morgan’s Allen Fore said 2024 should be an ‘interesting’ year in M&A during a discussion at DUG GAS+ Conference and Expo.
Shale Plays , Artificial Intelligence , CERAWeek , Hart Energy Exclusive
CEO: EQT Positioned to Meet Demand of Power-guzzling AI Data Centers
EQT Corp.’s Toby Rice said demand for AI could exceed the power demand required to meet U.S. residential demand and jump 20% by 2030, in this Hart Energy Exclusive interview.
Acquisitions & Divestitures , Shale Plays
Elk Range Royalties Makes Entry in Appalachia with Three-state Deal
NGP-backed Elk Range Royalties signed its first deal for mineral and royalty interests in Appalachia, including locations in Pennsylvania, Ohio and West Virginia.
Midstream , Acquisitions & Divestitures
Summit Midstream Sells Utica Interests to MPLX for $625MM
Summit Midstream is selling Utica assets to MPLX, which include a natural gas and condensate pipeline network and storage.