Onshore
Acquisitions & Divestitures
Dorchester Minerals Buys Interests in Two Colorado Counties
Dorchester Minerals’ acquisition totals approximately 1,485 net royalty acres for roughly $17 million.
Wind , Joint Ventures
Stonepeak Joins Shizen to Form Asian Onshore Wind Platform
Stonepeak will have an 80% interest in the onshore wind energy platform, with Japan-based Shizen retaining the remaining 20% interest.
Crude Oil , Acquisitions & Divestitures , Shale Plays , CERAWeek
Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess
Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.
Construction
Williams CEO: Louisiana Energy Gateway Start Temporarily in Limbo
Williams CEO Alan Armstrong said the project still moving forward after hitting a snag in a dispute with Energy Transfer but lacks a definitive start date.
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.
Dividends/Buybacks
PrairieSky Royalty Declares Quarterly Cash Dividend
PrairieSky’s dividend is payable April 15 to shareholders of record by March 28.
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.
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.
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.
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.