Antero Resources’ latest asset sale is a volumetric production payment transaction comprised of dry gas producing properties in West Virginia with a seven-year term ending 2027.
Eagle River Energy Advisors has been retained for the divestiture of overriding royalty interest (ORRI) assets in the Williston Basin in Montana and North Dakota with bids due Aug. 19.
Plans are for Schlumberger Land Rig 183 to drill to a depth of about 2,900 m, allowing Empire to evaluate the targeted Velkerri Shale and Kyalla Shale, the company said in a news release.
Total (China) Investment has signed a memorandum of understanding (MOU) on Aug. 11 in order to pursue strategic collaboration with Alibaba Group and leverage the company’s respective resources to drive the digital transformation of Total’s operations in China.
National Energy Services Reunited Corp. reported multiple contract awards in the United Arab Emirates valued at up to $100 million for coiled tubing, nitrogen and stimulation services for a period of three years with two optional one-year extensions.
The U.S. Army Corps of Engineers is exploring four options, including some that would not require the Dakota Access pipeline to shut, said Ben Schifman, an attorney representing the Army Corps.
Duke Energy said it took a $1.6 billion after-tax charge for the cancellation of the Atlantic Coast natural gas pipeline. Project partner Dominion already took a $2.8 billion charge related to the cancellation.
A private seller retained Detring Energy Advisors to market for sale the associated mineral interests of the historic Hanging H Ranch asset located in the Delaware Basin in Reeves and Loving counties, Texas.
U.S. energy firms cut the number of oil and gas rigs over the past week to a record low for a 14th week even as higher oil prices prompt some producers to start drilling again.
Canadian Natural Resources’ agreement to acquire Montney producer Painted Pony follows the acquisition of Kelt Exploration’s position in the shale gas play by ConocoPhillips late last month.