EQT (Finally) Closes $5.2B Tug Hill, XcL Midstream Acquisition
After purchase price adjustments, EQT paid approximately $2.4 billion of cash and 49.6 million shares of EQT common stock for the Tug hill and XcL Midstream assets.
Haynesville DUC Count Questioned as US Gas Production Forecast to Slip
The U.S. Energy Information Administration sees natural gas output falling by 147 MMcf/d in September, but the Haynesville Shale and Appalachia region continue to pump out more gas than last year.
Feds OK EQT Corp.’s $5.2B Tug Hill Deal, Clearing Way for Close
EQT’s $5.2 billion acquisition of Appalachian Basin upstream and midstream assets was approved after some regulatory intervention from the Federal Trade Commission.
Repsol Optimizing Venezuelan Gas, Focused on US Consolidation
Spain’s Repsol S.A. has an eye on optimizing its Venezuelan natural gas production as well as consolidating the U.S. as a key growth area, according to the company’s CEO and executive director Josu Jon Imaz San Miguel.
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.
WhiteHawk Energy Takes Spurned PHX Minerals Merger Proposal Public
After several unsuccessful attempts to engage PHX Minerals in merger talks, WhiteHawk Energy released a letter communicating its proposal directly to PHX shareholders.
Coterra: Drilling, Services Costs Could Fall 5% into 2024
Coterra Energy has started to see relief in well costs on big-ticket items like steel, sand and frac crews, the E&P reported in second-quarter earnings.
Southwestern Energy Takes Q2 Earnings Hit, But Slashes Debt
Debt reduction drives Southwestern Energy’s strategy as second quarter earnings plummet.
Southwestern Energy Closes Non-core Utica Divestiture
Proceeds from Southwestern Energy’s Utica divesture will go towards paying off the company’s $4.05 billion debt.
Equitrans Midstream Sets Sights on MVP Completion
Despite sluggish second quarter earnings, Equitrans Midstream expects completion of the Mountain Valley Pipeline by year-end.