In 2023, majors Chevron and Exxon Mobil took four public names off the board—Pioneer Natural Resources, Denbury, PDC Energy and Hess Corp.— using all-equity takeout mechanisms with scant premiums.
Booming production and proximity to Gulf Coast export terminals weigh in the play’s favor.
Williams purchase of 115 Bcf of natural gas storage capacity from Hartree Partners ties in with LNG terminals and comes as demand for natural gas has grown by 56% while gas storage capacity has increased by only 12%.
The Lower 48 has seen a whirlwind of oil and gas M&A this year, including a historic volume of transactions across the Permian Basin. After Tokyo Gas Co.’s $2.7 billion bid to acquire Haynesville E&P Rockcliff Energy II, could the window for natural gas deals be reopening?
Tokyo Gas said acquiring Rockcliff would jumpstart its U.S. production volumes from approximately 330 MMcf/d to 1,300 MMcf/d.
Jose Chirinos, the planning development manager for Repsol, elaborates on the company's well optimization tactics and their long- range rig plan in this Hart Energy LIVE Exclusive Interview.
Pioneer Natural Resources has retained EnergyNet for the sale of a 26-well package plus 6,456.03 net HBP in Crockett and Reagan counties, Texas.
Total interstate gas sample receipts averaged 6.3 Bcf/d, as Permian Basin gas volumes met California demand.
Josh Viets, executive vice president and COO at Chesapeake Energy details the company's asset portfolio over the last two years and their LNG strategy for market headwinds going into next year, in this Hart Energy LIVE Exclusive interview.
A closer look at the Appalachian midstream capacity picture shows some opportunities that producers can exploit now and in the future.