Appalachia

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

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.

April 9, 2024

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.

April 5, 2024

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.

April 4, 2024

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.

April 2, 2024

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. 

April 1, 2024

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.

March 28, 2024