Appalachia
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.
Dividends/Buybacks
EQT Declares Quarterly Dividend
EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
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.
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.
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.
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.
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.
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.
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.
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.