Appalachia

Mike Wirth: The ‘Remarkable’ Rise Of Chevron’s Permian Portfolio

Chevron aims to grow Permian volumes past 1 MMboe/d in 2025—less than a decade after it averaged less than 100,000 boe/d from legacy holdings in West Texas and New Mexico, Chevron CEO Mike Wirth said.

August 20, 2024

Summit Sees Drop-off in Gas Traffic Following Utica Midstream Sale

Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company's CEO said.

August 9, 2024

Granite Ridge Adds Interests in Midland, Delaware, Williston

Non-op Granite Ridge Resources closed transactions during and after the second quarter in multiple plays, including the Midland, Delaware, Williston, D-J and Appalachian basins.

August 9, 2024

The OGInterview: CEO Tom Jorden on Coterra’s ‘Meritocracy of Ideas’

Coterra Energy took an against-the-grain stance on consolidation long before merger mania hit the U.S. E&P space, and it’s paying—to its shareholders—meaningful dividends.

August 5, 2024

EOG Testing 700-ft Spacing in Ohio’s Utica Oil Window, Sees Success

EOG Resources’ test at the northern end of its 140-mile-long north-south leasehold produced IPs similar to those from a nearby pad.

August 5, 2024

Appalachian Hydrogen Hub Secures Funding, Moves to Phase 1

Nearly one dozen projects, including ones by EQT Corp. and CNX Resources, are part of the Battelle-led hub in West Virginia, Ohio and Pennsylvania.

August 1, 2024

Big Barrels: Meet Ohio’s New Utica Oil Play

After a false start in the early 2010s that went underwater with overwhelmingly low oil and associated-gas prices, a new group of Ohio drillers is going after the Utica’s volatile oil window. They’re talking now. Here’s what they’re up to.

August 1, 2024

Repsol to Implement New Share Buyback Program

Madrid-based Repsol plans to repurchase and redeem 20 million of its shares in the second half 2024, according to the company’s CEO Josu Jon Imaz.

July 28, 2024

EQT: Non-op Marcellus Assets Pique International Buyers’ Interest

EQT Corp. is marketing interests in its upstream and midstream assets in Appalachia as the company reduces debt after a $5.45 billion acquisition of Equitrans Midstream.

July 24, 2024

EQT Marketing Rest of Marcellus Non-op Assets After Equitrans Close

EQT Corp. is marketing the remaining 60% interest in its non-operated Northern Marcellus assets as the Appalachia gas giant works to reduce debt following its $5.45 billion acquisition of Equitrans Midstream.

July 23, 2024