Appalachia

Earnings , Natural Gas liquids (NGL) , Natural Gas

Range Resources Holds Production Steady in 1Q 2024

NGLs are providing a boost for Range Resources as the company waits for natural gas demand to rebound.

April 24, 2024

Acquisitions & Divestitures , Earnings

EQT Sees Clear Path to $5B in Potential Divestments

EQT Corp. executives said that an April deal with Equinor has been a catalyst for talks with potential buyers as the company looks to shed debt for its Equitrans Midstream acquisition.

April 24, 2024

Shale Plays , Acquisitions & Divestitures

Enverus: 1Q Upstream Deals Hit $51B, but Consolidation is Slowing

Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.

April 23, 2024

Exploration & Production , Crude Oil , Natural Gas , Finance

Ohio Utica’s Ascent Resources Credit Rep Rises on Production, Cash Flow

Ascent Resources received a positive outlook from Fitch Ratings as the company has grown into Ohio’s No. 1 gas and No. 2 Utica oil producer, according to state data.

April 23, 2024

Lease Sales

Marketed: BKV Chelsea 214 Well Package in Marcellus Shale

BKV Chelsea has retained EnergyNet for the sale of a 214 non-operated well package in Bradford, Lycoming, Sullivan, Susquehanna, Tioga and Wyoming counties, Pennsylvania.

April 18, 2024

Dividends/Buybacks

EQT Declares Quarterly Dividend

EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.

April 18, 2024

Shale Plays , Natural Gas , Crude Oil

EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers

Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.

April 17, 2024

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.

April 15, 2024

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.

April 15, 2024

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.

April 12, 2024