Onshore

Field Development , Natural Gas

Sinopec Brings West Sichuan Gas Field Onstream

The 100 Bcm sour gas onshore field, West Sichuan Gas Field, is expected to produce 2 Bcm per year.

March 14, 2024

Dividends/Buybacks

PrairieSky Royalty Declares Quarterly Cash Dividend

PrairieSky’s dividend is payable April 15 to shareholders of record by March 28.

March 11, 2024

Acquisitions & Divestitures , Pipelines

Enbridge Closes First Utility Transaction with Dominion for $6.6B

Enbridge’s purchase of The East Ohio Gas Co. from Dominion is part of $14 billion in M&A the companies announced in September.

March 7, 2024

Business , Mergers

JMR Services, A-Plus P&A to Merge Companies

The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.

March 5, 2024

Acquisitions & Divestitures , Mergers , Trends , Shale Plays , Liquefied Natural Gas (LNG) , Natural Gas

From Tokyo Gas to Chesapeake: The Slow-burning Fuse that Lit Haynesville M&A

TG Natural Resources rides the LNG wave with Rockcliff deal amid shale consolidation boom.

March 1, 2024

Acquisitions & Divestitures

Sitio Royalties Dives Deeper in D-J with $150MM Acquisition

Sitio Royalties is deepening its roots in the D-J Basin with a $150 million acquisition—citing regulatory certainty over future development activity in Colorado.

February 29, 2024

Exploration & Production , Reservoir Evaluation

Proven Volumes at Aramco’s Jafurah Field Jump on New Booking Approach

Aramco’s addition of 15 Tcf of gas and 2 Bbbl of condensate brings Jafurah’s proven reserves up to 229 Tcf of gas and 75 Bbbl of condensate.

February 27, 2024

Earnings , Shale Plays

Endeavor Integration Brings Capital Efficiency, Durability to Diamondback

The combined Diamondback-Endeavor deal is expected to realize $3 billion in synergies and have 12 years of sub-$40/bbl breakeven inventory.

February 22, 2024

Liquefied Natural Gas (LNG) , Exploration & Production

Woodside’s Pluto Train 2 Nears 2026 Start Up with Modules Delivery

First 3 of 51 modules have arrived on site in Western Australia for the onshore LNG project that will receive gas from the offshore Scarborough project.

February 21, 2024

Acquisitions & Divestitures

Benchmark Buys Revolution Resources’ Anadarko Assets in $145MM Deal

Benchmark Energy II is acquiring Revolution Resources just over four years after Revolution bought out Jones Energy Inc.’s Midcontinent portfolio.

February 20, 2024