Appalachia

Dividends/Buybacks

Northern Oil and Gas Ups Dividend 18%, Updates Hedging

Northern Oil and Gas, which recently closed acquisitions in the Utica Shale and Delaware Basin, announced a $0.40 per share dividend.

February 9, 2024

Acquisitions & Divestitures , Shale Plays

NOG Closes Utica Shale, Delaware Basin Acquisitions

Northern Oil and Gas’ Utica deal marks the entry of the non-op E&P in the shale play while it’s Delaware Basin acquisition extends its footprint in the Permian.

February 5, 2024

Mergers , Policy & Regulations

Daugherty: Feds Take Aggressive Posture on Oil, Gas Mergers

Newly released guidelines by the Department of Justice and Federal Trade Commission suggest that a post-deal, combined market share of more than 30% is potentially problematic.

February 1, 2024

Investment , The OGInterview , Liquefied Natural Gas (LNG) , Acquisitions & Divestitures , Trends

The OGInterview: Petrie Partners a Big Deal Among Investment Banks

In this OGInterview, Hart Energy's Chris Mathews sat down with Petrie Partners—perhaps not the biggest or flashiest investment bank around, but after over two decades, the firm has been around the block more than most.

February 1, 2024

Discoveries , Field Development , Shale Plays

Gushing, Ohio: EOG Joins Ascent, Encino in Top Oil Wells

EOG’s latest wells in its new Ohio oil play are rolling into state public records, while Ascent Resources and Encino Energy are reporting the biggest producers. All three are landing 3-milers. Some are 3.5 miles.

January 22, 2024

Crude Oil , Natural Gas

EIA: Oil, Gas Output to Fall Across Lower 48 in February

Daily oil and gas output is forecasted to decline from shale basins across the Lower 48 in February—except from the mighty Permian Basin, according to new Energy Information Administration figures.

January 18, 2024

Drilling , Logistics

The Completions Package: NextTier, ProPetro Electrify Frac Fleets

NexTier and ProPetro’s respective electric frac fleets are touting a newer, cheaper and more sustainable approach to hydraulic fracturing through electrification.

January 16, 2024

Acquisitions & Divestitures , Mergers

Chesapeake, Southwestern to Combine in $7.4B Deal

Chesapeake Energy and Southwestern Energy's merger will create dominant positions in Appalachia and the Haynesville Shale, which the companies say would compete on the global stage.

January 11, 2024

Mergers , Natural Gas

Potential Chesapeake, Southwestern Merger May Face Tough Scrutiny

Low natural gas prices are driving producers such as Chesapeake and Southwestern to seek large ‘strategic’ deals at a time when large-scale consolidation is coming under increased scrutiny by lawmakers and regulators.

January 9, 2024

Pipelines , Health, Safety & Environment , Infrastructure

Equitrans Cuts Back MVP-Southgate Extension After Regulatory Delays

Equitrans' Mountain Valley Pipeline Southgate project will follow a new path that would reduce its environmental impact for the Appalachian region—and result in fewer clashes with opponents.

January 3, 2024