ESG , Mergers

OMNI Environmental Solutions Merges with Purity Oilfield Services

"Today’s announcement is just the first step of our integration into a stronger, more robust and ESG-focused service provider,” Courtney Brackin said of the company created from the merger between OMNI Environmental Solutions and Purity Oilfield Services.

August 10, 2022

Business , Shale Plays , Transactions

Chesapeake Gets Back to Black

Chesapeake ready to wrap return to its roots as a key U.S. natural gas-weighted E&P through a series of key acquisitions in late 2021 and early 2022, CEO Nick Dell'Osso shared in a second-quarter conference call.

August 10, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Aug. 10, 2022

Here’s a snapshot of recent energy deals including Devon Energy’s $1.8 billion cash acquisition of Eagle Ford Shale operator Validus Energy and a $555 million Permian Basin deal by Apache.

August 10, 2022

Natural Gas , Midstream

Williams, PennEnergy Resources to Market, Deliver Certified Low Emissions Gas

Through Williams marketing and delivery services, PennEnergy Resources is helping grow its Appalachia-based responsibly sourced natural gas.

August 8, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Aug. 3, 2022

Here’s a snapshot of recent energy deals including Diversified Energy’s acquisition of ConocoPhillips Midcon assets for $240 million and the sale of Baker Hughes’ Russian oilfield services business.

August 3, 2022

Infrastructure , Shale Plays , Construction

Equitrans to Complete Mountain Valley Pipeline in 2023, Shares Soar

U.S. Senator Joe Manchin said Aug. 1 that he secured a commitment from President Joe Biden, Senate Majority Leader Chuck Schumer and House of Representatives Speaker Nancy Pelosi to allow the long-delayed Mountain Valley to be completed.

August 3, 2022

Liquefied Natural Gas , Shale Plays , Midstream

EQT in Talks with LNG Companies on Possible Agreements, CEO Says

Finding East Coast LNG opportunities is especially important for a producer like EQT because pipeline capacity in Appalachia, where EQT produces gas, was already near capacity and not expected to grow much in coming years.

July 29, 2022

Exploration & Production , Technology , Acquisitions & Divestitures

Diversified Energy Purchases Third Appalachia Plugging Company

Diversified Energy said it controls inflationary costs by owning the servicing companies and will retire 200 wells per year in Appalachia, far exceeding its government-mandated requirements.

July 27, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of July 27, 2022)

Here’s a quicklist of oil and gas assets on the market including a BLM Nevada geothermal lease sale covering roughly 232,500 acres plus an Eagle Resources Group Mississippi Lime package.

July 27, 2022

Public Capital , Earnings , Shale Plays

Range Resources Repurchases $130 Million in Shares Amid Market Undervaluation

Range Resources intends to reduce its leverage to 0.6x from 1.2x by the end of the year, the Marcellus shale producer said in its earnings report.

July 26, 2022