Pietro D
Pitts
Hart Energy
With Montney Production Set to Grow, US E&Ps Seize Opportunities
Canada’s Montney Shale play has already attracted U.S. companies Ovintiv, Murphy and ConocoPhillips while others, including private equity firms, continue to weigh their options.
EQT to Cut Workforce 15% Following Close of Equitrans Acquisition
EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
Tailwater Buys Interests Across 5,000 Acres in Permian Core
Tailwater Capital's purchase of non-op working interests from Accelerate Resources includes future inventory held by Diamondback, EOG Resources, Devon and several other E&Ps.
PEDEVCO Teams Up with Denver E&P To Develop D-J Basin Acreage
PEDEVCO is teaming up with a private equity-backed Colorado operator to jointly develop the SW Pony Prospect in Weld County, Colorado.
Air Products Closes Sale of LNG Business to Honeywell for $1.81B
Air Products’ sale of its LNG process technology and equipment business to Honeywell will allow the company to focus on its industrial gases and hydrogen businesses.
APA, TotalEnergies Aim for 'New Dawn' in Suriname with Massive GranMorgu Project
APA Corp. and TotalEnergies announced a $10.5 billion final investment decision for the GranMorgu project located offshore Suriname in Block 58. First production to come from a 220,000 bbl/d FPSO is slated to flow in 2028.
Enbridge Closes $3.1B Deal for Public Service Co. of North Carolina
With the deal’s closing, Enbridge said the company is, by volume, the largest gas utility in North America, delivering 9 Bcf/d of natural gas to a base of about 7 million customers.
TC Energy Completes Spinoff of Liquids Pipeline Business South Bow
South Bow Corp. will commence trading on the Toronto Stock Exchange on Oct. 2.
ADNOC Drilling, SLB and Patterson-UTI Form JV Turnwell Industries in UAE
Their joint venture Turnwell Industries LLC has been contracted to drill an initial 144 wells in the United Arab Emirates, scheduled for completion by the end of 2025.
Dorchester Minerals Closes M&A in Midland, Delaware, D-J
Limited partnership Dorchester Minerals closed two transactions in the Permian Basin and in Colorado’s Denver-Julesburg (D-J) Basin.