Haynesville
Acquisitions & Divestitures , Shale Plays , Liquefied Natural Gas (LNG) , Natural Gas , Finance
Tellurian Goes All in on LNG with Upstream Divestiture to Aethon
Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.
Liquefied Natural Gas (LNG) , Acquisitions & Divestitures , Crude Oil
Aethon to Acquire Tellurian Haynesville Shale Assets for $260MM
Aethon Energy is acquiring Tellurian Inc.'s Haynesville Shale assets in a $260 million deal, allowing Aethon to continue growing as the basin's top private producer and for financially struggling Tellurian to prioritize its flagship Driftwood LNG project.
International , Natural Gas , Crude Oil
BP CEO: Final Permian Processing Facility to Come Online by Mid-year
BPX Energy, BP’s Houston-based subsidiary, plans to bring on its fourth and last Permian Basin processing facility in mid-year 2025, CEO Murray Auchincloss said.
Pipelines , Storage , Earnings
‘Oversupplied’ NatGas Market Aiding Williams’ Storage Business
Midstream company Williams saw overall demand growth as heavy gas volumes passed through its network.
IPO , Shale Plays , Exploration & Production
U.S. Shale-catters to IPO Australian Shale Explorer on NYSE
Tamboran Resources Corp. is majority owned by Permian wildcatter Bryan Sheffield and chaired by Haynesville and Eagle Ford discovery co-leader Dick Stoneburner.
Natural Gas , Earnings , Mergers , Exploration & Production
Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal
Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.
Earnings , Liquefied Natural Gas (LNG) , Natural Gas
Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production
Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.
Acquisitions & Divestitures , Exploration & Production
Comstock Adds Four Whopper Wildcats; Takes Western Haynesville to 450K
Comstock Resources' four newest wells, which IP’ed at more than 35 MMcf/d, were landed at up to 19,400 feet total vertical depth.
Acquisitions & Divestitures , Mergers , Investment
M&A Spotlight Shifts from Permian to Bakken, Marcellus
Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.
Dividends/Buybacks
Matador Resources Announces Quarterly Cash Dividend
Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.