DT Midstream Boosts Ownership of Appalachia Gas Pipeline in $552 Million Cash Deal
DT Midstream will pay National Grid about $552 million in cash to acquire its 26.25% ownership interest in the Millennium Pipeline, which transports Marcellus and Utica gas to markets across New York State and New England.
Energy A&D Transactions from the Week of Sept. 21, 2022
Here’s a snapshot of recent energy deals including SilverBow Resources adding a new Webb County position in South Texas plus the acquisition of core Permian Basin acreage by U.S. Energy Development Corp. for more than $60 million.
On the Market Oil and Gas Quicklist (Week of Sept. 21, 2022)
Here’s a quicklist of oil and gas assets on the market including EOG Resources Texas Panhandle properties plus an Apache Corp. Gulf of Mexico Shelf nonop opportunity.
Energy A&D Transactions from the Week of Sept. 14, 2022
Here’s a snapshot of recent energy deals including EQT’s monster $5.2 billion acquisition plus the acquisition of NorTex Midstream by Williams in a $423 million transaction.
Marketed: Stone Hill Minerals Southwest Appalachia Marcellus, Utica Package
Stone Hill Minerals Holdings LLC retained EnergyNet for the sale of a southwest Appalachia package in the Marcellus and Utica shale plays with assets located in West Virginia and Pennsylvania.
Analysts: EQT’s Monster $5.2 Billion Deal a Cash Cow
EQT’s purchase of Tug Hill and XcL Midstream’s assets in the Appalachian Basin will contribute to $150 million in long-term cash flow, Goldman Sachs said.
Energy A&D Transactions from the Week of Sept. 7, 2022
Here’s a snapshot of recent energy deals including the sell of Aera Energy, one of California’s largest oil and gas producers, by Exxon Mobil and Shell plus the debut of Permian Resources Corp.
Energy A&D Transactions from the Week of Aug. 31, 2022
Here’s a snapshot of recent energy deals including a $700 million JV between Schlumberger, Aker Solutions and Subsea 7 plus Helix Energy Solutions acquires Gulf of Mexico leases from Murphy Oil.
Riverbend Energy Group Wraps Up $1.8 Billion Sale of Nonop Shale Assets
The transaction, previously announced in June, included Houston-based Riverbend Energy Group’s equity interests in properties producing approximately 47,000 boe/d from over 11,000 wells.
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Exclusive: Penn LNG CEO Franc James on Exporting Marcellus Gas to Europe [WATCH]
Penn LNG CEO Franc James shares more on his company’s plans to develop the first newbuild LNG export facility on the Atlantic Coast this century in this Hart Energy Exclusive.