Northern Oil and Gas Ups Dividend 18%, Updates Hedging
Northern Oil and Gas, which recently closed acquisitions in the Utica Shale and Delaware Basin, announced a $0.40 per share dividend.
NOG Closes Utica Shale, Delaware Basin Acquisitions
Northern Oil and Gas’ Utica deal marks the entry of the non-op E&P in the shale play while it’s Delaware Basin acquisition extends its footprint in the Permian.
Gushing, Ohio: EOG Joins Ascent, Encino in Top Oil Wells
EOG’s latest wells in its new Ohio oil play are rolling into state public records, while Ascent Resources and Encino Energy are reporting the biggest producers. All three are landing 3-milers. Some are 3.5 miles.
Appalachian Basin Awaits Pipeline Connections to the Gulf Coast
A closer look at the Appalachian midstream capacity picture shows some opportunities that producers can exploit now and in the future.
Artificial Barriers Keep World Markets Starved of Appalachia Natural Gas
Despite a massive uptick in U.S. LNG exports since 2021, the Appalachia Basin remains a sleeping giant of production as politics, protests and litigation keep billions of cubic feet of natural gas cut off from world markets.
NOG Enters Ohio Utica Shale, Adds Permian with $174MM in M&A
Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.
Equitrans Pushes MVP Finish to First Quarter of 2024
Equitrans Midstream’s expected cost of the Mountain Valley Pipeline has increased to $7.2 billion.
It’s ‘On:’ The New Ohio Utica Oil Play
The oil-weighted hydrocarbon phase through the middle of the Utica fairway in Ohio is gaining renewed attention—and results.
Sabine’s Looking for Acres: ‘If You Have Any Ideas,’ Get in Touch, CEO Says
The pureplay operator Sabine Oil and Gas is in the market to buy—preferably to add to its East Texas portfolio — but is also open to gassy assets in the Eagle Ford, Oklahoman Woodford and Utica.
By Hook, Crook and Bolt-on, E&Ps Scramble to Add Inventory
Operators are adding inventory, largely through M&A, as some E&Ps see well productivity plateauing.