More Top Stories in Shale Plays

Policy & Regulations, Midstream

Equitrans Stops Natgas Leak at Pennsylvania Storage Facility

Equitrans said Rager Mountain can store 9 Bcf of gas. The leaking well, called the George L. Reade 1 storage well, was one of 10 operating storage wells at the facility.

November 18, 2022

Liquefied Natural Gas, Infrastructure, Midstream

US Energy Regulators Unanimously Approve Commonwealth LNG Terminal

The Commonwealth LNG project, expected to export 8.4 million tonnes a year of LNG from Cameron, Louisiana, was the first to be approved by the Federal Energy Regulatory Commission (FERC) in more than two years.

November 18, 2022

Public Capital, Unconventional, Acquisitions & Divestitures

Diamondback Flexes Equity Muscles in $3.3 Billion Lario, FireBird Deals

Diamondback, Marathon Oil and Devon have dominated second-half M&A thanks to higher EBITDA multiples and yields than smaller E&P competitors can offer.

November 18, 2022

Crude Oil, Shale Plays, Pipelines

Shell's Zydeco Oil Pipeline Running at Reduced Capacity

Shell Pipeline Co.'s Zydeco pipeline system alleviates transportation bottlenecks of crude arriving from the Eagle Ford, Permian and Bakken regions to Houston.

November 18, 2022

Liquefied Natural Gas, Midstream

Osaka Gas Sees Likely Delay to Restart of Freeport LNG Plant

Due to Freeport LNG's shutdown, Osaka Gas cut its 2022 net profit forecast from 31.5 billion yen to 29 billion yen.

November 18, 2022

Private Equity, Executive Oil Conference, Acquisitions & Divestitures

Double Eagle Energy Unveils 25,000-Acre Permian Basin Footprint

Double Eagle has garnered almost $2 billion in equity commitments for its Double Eagle IV partnership which could bring upwards to 25,000 net acres under its ownership in the Permian Basin by year-end, CFO Joshua A. Gregg told attendees at Hart Energy’s annual Executive Oil Conference.

November 18, 2022

Infrastructure, Shale Plays, Storage

Equitrans Expects to Stop Pennsylvania Gas Leak in Next Couple of Days

Equitrans has estimated the size of the leak, which started on Nov. 6 at the facility in Cambria County’s Jackson Township, at about 100 MMcf/d, according to the Pennsylvania Department of Environmental Protection (DEP).

November 17, 2022

Liquefied Natural Gas, Shale Plays, Midstream

Williams Signs LNG Deal Connecting Haynesville Gas to International Markets

The preliminary agreement with Sempra Infrastructure is designed to increase global access to low-carbon Haynesville natural gas via Williams’ wellhead-to-water strategy, the company said.

November 17, 2022

Executive Oil Conference, Exploration & Production, Acquisitions & Divestitures

Exclusive: What’s at the Top of Legendary Wildcatter Gene Shepherd’s List [WATCH]

Legendary Wildcatter Gene Shepherd, who now is on the hunt for $1 billion deals as CEO of VTX Energy Partners, spoke to Hart Energy about the exploration environment and why he’s now considering gas.

November 17, 2022

Executive Oil Conference, Unconventional, Energy Transition

Exclusive: Oxy’s Babatunde Cole Discusses Permian Basin Strategy [WATCH]

Babatunde Cole, the president and general manager of Occidental Petroleum’s Delaware Basin business unit, spoke to Hart Energy about how the Permian Basin fits within Oxy’s sustainable goals.

November 17, 2022