EQT Ups Stake in Appalachia Gas Gathering Assets for $205MM
EQT Corp. inked upstream and midstream M&A in the fourth quarter—and the Appalachia gas giant is looking to ink more deals this year.
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.
Daugherty: Feds Take Aggressive Posture on Oil, Gas Mergers
Newly released guidelines by the Department of Justice and Federal Trade Commission suggest that a post-deal, combined market share of more than 30% is potentially problematic.
The OGInterview: Petrie Partners a Big Deal Among Investment Banks
In this OGInterview, Hart Energy's Chris Mathews sat down with Petrie Partners—perhaps not the biggest or flashiest investment bank around, but after over two decades, the firm has been around the block more than most.
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.
EIA: Oil, Gas Output to Fall Across Lower 48 in February
Daily oil and gas output is forecasted to decline from shale basins across the Lower 48 in February—except from the mighty Permian Basin, according to new Energy Information Administration figures.
The Completions Package: NexTier, ProPetro Electrify Frac Fleets
NexTier and ProPetro’s respective electric frac fleets are touting a newer, cheaper and more sustainable approach to hydraulic fracturing through electrification.
Chesapeake, Southwestern to Combine in $7.4B Deal
Chesapeake Energy and Southwestern Energy's merger will create dominant positions in Appalachia and the Haynesville Shale, which the companies say would compete on the global stage.
Potential Chesapeake, Southwestern Merger May Face Tough Scrutiny
Low natural gas prices are driving producers such as Chesapeake and Southwestern to seek large ‘strategic’ deals at a time when large-scale consolidation is coming under increased scrutiny by lawmakers and regulators.