America’s LNG exporters are unveiling efforts to slash carbon emissions from new facilities as they look to keep new multibillion-dollar projects on track amid mounting climate pressures.
U.S. gas producer Southwestern Energy Co. has entered a definitive merger agreement with Haynesville producer Indigo Natural Resources LLC to acquire Indigo for about $2.7 billion, the company said on June 2.
U.S. rig count fell slightly for the second week in a row, leading to the conclusion that last week’s sudden drop was more than a blip caused by rig downtime — some rigs moving between wells.
The deal, along with a May acquisition Louisiana, brings Diversified’s acreage in the region to about 300,000 net acres.
The $607,000 pipeline project located in the Eagle Ford Shale is a proactive approach by U.S. Energy Development Corp. to reduce flaring, thereby decreasing the firm’s carbon footprint.
DW Wapiti Investments I LLC retained EnergyNet for the sale of operated working interest assets and HBP leasehold acreage in Louisiana’s Jefferson and Plaquemines Parishes.
Venture Global estimated it will capture and sequester an estimated 500,000 tons of carbon per year from Calcasieu and Plaquemines in Louisiana.