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.
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.
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.
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.
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.
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.
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.
EQT Cuts 1 Bcf/d of NatGas Production
Curtailments are expected to total approximately 30 Bcf to 40 Bcf in the first quarter.
Repsol Eyes Increasing Core US Upstream Business
Madrid-based Repsol SA will invest €$2.2 billion (US$2.38 billion) between 2024-2027 on its unconventional assets in the Marcellus and Eagle Ford as it focuses on increasing its core U.S. upstream business platform.
Analysts: Why Are Investors Snapping Up Gulfport Energy Stock?
Shares for Oklahoma City-based Gulfport Energy massively outperformed market peers over the past year—and analysts think the natural gas-weighted name has even more upside.