Appalachia
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 5, 2022
Here’s a snapshot of recent energy deals including back-to-back deals by Lime Rock Resources in the Williston Basin and Eagle Ford Shale totaling $358.5 million plus a slew of transactions completed by the end of the year.
Restructurings , Shale Plays , Acquisitions & Divestitures
Spain’s Repsol to Buy Rockdale Marcellus Assets in $222 Million Bankruptcy Sale
Rockdale Marcellus, which filed for bankruptcy in September, was formed with the acquisition of Shell’s operated Marcellus properties in Tioga, Lycoming and Bradford counties in Pennsylvania.
Shale Plays , Acquisitions & Divestitures , Gathering & Processing
UGI to Acquire Stonehenge Appalachia Gas Gathering System for $190 Million
The Stonehenge natural gas gathering system in Pennsylvania’s Butler County is located in “some of the most prolific production areas in the Appalachian Basin,” says UGI Executive Vice President Robert F. Beard.
Rig Counts , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Jan. 4, 2022)
The U.S. rig count is down 0.7% in the last month, but up 75% year-over-year, according to Enverus Rig Analytics.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Dec. 29, 2021
Here’s a snapshot of recent energy deals including Earthstone Energy’s entry into the Delaware Basin plus the closing of Pioneer Natural Resources’ $3.25 billion exit from the Permian sub-basin.
Rig Counts , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Dec. 27, 2021)
According to Enverus Rig Analytics, the U.S. rig count is nearing levels seen in March 2020, the start of COVID-related shutdowns.
Petrochemicals , Liquefied Natural Gas (LNG) , Natural Gas liquids (NGL) , Natural Gas , Crude Oil , ESG , Shale Plays , Midstream , Construction , Pipelines
Midstream Outlook: More Cash, Fewer Projects
Ajay Bakshani, co-author of East Daley’s annual Dirty Little Secrets midstream outlook, discusses the expectations for $90 billion in free cash flow and why ‘midstream can really do it all in the next few years.’
Rig Counts , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Dec. 20, 2021)
The largest week-over-week changes to the U.S. rig count occurred in the Permian, which added four rigs, and the Anadarko Basin, which added three.
Infrastructure , Pipelines
FERC Proposes $40 Million Civil Penalty For Energy Transfer’s Rover Pipeline
Energy Transfer Partners and Rover have 30 days to respond to FERC’s show cause order over alleged violations during construction of a natural gas pipeline in Ohio.
Exploration & Production , Natural Gas , Shale Plays
Could Natural Gas be Heading for a Super Cycle?
Chris Kalnin, CEO of BKV Corp., said it all depends on whether shale gas producers can resist plowing money into oversupplying the market.