Here’s a snapshot of recent energy deals including a flurry of A&D activity by Chesapeake Energy totaling over $3 billion that included the previously rumored acquisition of Chief Oil & Gas and an exit from the Powder River Basin.
Here’s a quicklist of oil and gas assets on the market Mammoth Exploration Permian Basin divestiture focused in Andrews, Pecos and Ector counties, Texas, plus Ichor Energy operated conventional oil assets primarily located near the Texas-Louisiana border.
Giving states primacy over regulating carbon injection wells can speed up the permitting process through greater efficiency and less red tape, said Marcella Burke, a partner with law firm King & Spalding and former deputy general counsel at the EPA.
Venture Global is installing 18 modular liquefaction trains configured in nine blocks at Calcasieu to produce about 10 MTPA of LNG. Analysts estimate the plant cost about $4.5 billion.
Schlumberger's fourth-quarter adjusted net income rose to $587 million, or 41 cents per share, above Wall Street estimates of 39 cents per share, according to Refinitiv IBES.
Ichor Energy LLC retained Stephens Inc. for the sale of its operated conventional oil assets primarily located near the Texas-Louisiana border in the Hackberry reservoirs.
Here’s a snapshot of recent energy deals including the $1.9 billion merger of Falcon Minerals with privately held Desert Peak plus Clearfork bags its first deal after a $400 million equity commitment.
Here’s a quicklist of oil and gas assets on the market including TRP Energy SCOOP/MERGE working interest plus a Powder River Basin regional exit by Team Operating.
Legacy Resources has hired an investment bank to run the sale process for the assets in the Permian Basin and Haynesville Shale and is valuing them at around $800 million, sources say.
“These technical and operational accomplishments show the unique value and differentiation of our partner-focused culture and our strategy of being a fully integrated engineered solutions provider," Steven W. Anderson, Evolution president and CEO, said.