Appalachia

Earnings , Shale Plays , Rig Counts , Field Development

E&P Earnings Season Proves Up Stronger Efficiencies, Profits

The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.

April 4, 2024

Midstream , Liquefied Natural Gas (LNG) , Natural Gas liquids (NGL) , Crude Oil , Infrastructure , Energy Storage , Hydrogen , Shale Plays , Acquisitions & Divestitures , Mergers , Storage , Construction , Pipelines

Kinder Morgan Exec: Don’t Count Out Midstream in M&A Frenzy

Kinder Morgan’s Allen Fore said 2024 should be an ‘interesting’ year in M&A during a discussion at DUG GAS+ Conference and Expo.

April 2, 2024

Shale Plays , Artificial Intelligence , CERAWeek , Hart Energy Exclusive

CEO: EQT Positioned to Meet Demand of Power-guzzling AI Data Centers

EQT Corp.’s Toby Rice said demand for AI could exceed the power demand required to meet U.S. residential demand and jump 20% by 2030, in this Hart Energy Exclusive interview. 

April 1, 2024

Acquisitions & Divestitures , Shale Plays

Elk Range Royalties Makes Entry in Appalachia with Three-state Deal

NGP-backed Elk Range Royalties signed its first deal for mineral and royalty interests in Appalachia, including locations in Pennsylvania, Ohio and West Virginia.

March 28, 2024

Midstream , Acquisitions & Divestitures

Summit Midstream Sells Utica Interests to MPLX for $625MM

Summit Midstream is selling Utica assets to MPLX, which include a natural gas and condensate pipeline network and storage.

March 22, 2024

Natural Gas , Liquefied Natural Gas (LNG) , CERAWeek

CERAWeek: Two Minutes with EQT’s Toby Rice on Energy Security

EQT Corp. President and CEO Toby Z. Rice spoke to Hart Energy on March 20 on the sidelines of CERAWeek by S&P Global to discuss natural gas infrastructure bottlenecks, energy security and the company’s advances on LNG.

March 22, 2024

Lease Sales

Marketed: Ascent Resources- Utica 96 Well Package in Ohio

Ascent Resources- Utica LLC and Ascent Utica Minerals LLC has retained EnergyNet for the sale of a non-operated 96 well package in Belmont, Guernsey, Harrison, Jefferson and Noble counties, Ohio.

March 12, 2024

Acquisitions & Divestitures , Mergers

EQT, Equitrans to Merge in $5.45B Deal, Continuing Industry Consolidation

The deal reunites Equitrans Midstream Corp. with EQT in an all-stock deal that pays a roughly 12% premium for the infrastructure company.

March 11, 2024

Natural Gas , NAPE , Hart Energy Exclusive

Exclusive: Despite Uncertainty, NatGas Balances Out

McKinsey and Co.'s Luciano Di Fiori says the natural gas market is capable of balancing itself out—despite LNG permit approval pauses, midstream constraints and dependence on oil production—in this Hart Energy LIVE Exclusive interview with Editorial Director Jordan Blum.  

March 4, 2024

Natural Gas , Exploration & Production

EQT Cuts 1 Bcf/d of NatGas Production

Curtailments are expected to total approximately 30 Bcf to 40 Bcf in the first quarter.

March 4, 2024