Emera to Sell New Mexico Natural Gas Co. to Bernhard for $750MM

Bernhard Capital Partners, which recently purchased CenterPoint Energy assets, will buy utility New Mexico Gas Co. from Emera for $1.25 billion, including debt.

The EPC Market Keeps Its Head Above Water

While offshore investments are rising, particularly in deepwater fields, challenges persist due to project delays and inflation, according to Westwood analysis.

The OGInterview: CEO Tom Jorden on Coterra’s ‘Meritocracy of Ideas’

Coterra Energy took an against-the-grain stance on consolidation long before merger mania hit the U.S. E&P space, and it’s paying—to its shareholders—meaningful dividends.

Exxon Expects 3Q Guyana Volumes to Fall by 80,000 bbl/d

Exxon Mobil is forecasting lower third quarter Guyana production by about 13% due to hook-ups related to a gas-to-energy project for mainland Guyana.

Appalachian Hydrogen Hub Secures Funding, Moves to Phase 1

Nearly one dozen projects, including ones by EQT Corp. and CNX Resources, are part of the Battelle-led hub in West Virginia, Ohio and Pennsylvania.

APA Ratchets Up Permian Activity to Stoke US Oil Growth

APA Corp. expects an 8% uptick in its U.S. oil production in fourth-quarter 2024 compared to second-quarter 2024 as the company continues to connect more wells in the Permian Basin.

Viaro Energy to Buy Shell, Exxon’s North Sea Assets

When the transaction is completed, Viaro Energy will control 11 fields that produced 28,000 boe/d in 2023, 5% of the U.K.'s total gas production.

Comstock, Aethon’s 17 Western Haynesville Wildcats Make 112 Bcf to Date

Comstock Resources and Aethon Energy each added one well to Texas state production data on the new western Haynesville play, dubbed ‘The Waynesville.’ The oldest has surfaced 2.1 Bcf per 1,000 lateral ft to date.

New Major Permian NatGas Blackcomb Pipeline Reaches FID

WhiteWater Midstream announced a joint venture to build the 2.5 Bcf/d Blackcomb pipeline, which would offer a new connection from the Permian Basin to South Texas.

Big Barrels: Meet Ohio’s New Utica Oil Play

After a false start in the early 2010s that went underwater with overwhelmingly low oil and associated-gas prices, a new group of Ohio drillers is going after the Utica’s volatile oil window. They’re talking now. Here’s what they’re up to.