“Distinctly different,” Chesapeake Energy’s Marcellus and Haynesville shales have nevertheless fit together as complementary pieces of the E&P gas-focused holdings.
Douglas Kris, Diversified Energy senior vice president, discusses how its differentiated business model has separated it from risks associated with operations, commodity prices, financing and emissions while generating $1 billion in economic impact for stakeholders and Appalachia states.
More than $100 billion in investments have poured into Ohio’s oil and gas sector in the past decade.
CNX Resources COO Navneet Behl breaks down the planning, timeline and vision the company has for providing hydrogen in Appalachia.
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.
Permian Basin M&A has taken off in 2023 largely because buyers and sellers are in a ‘Godilocks’ zone in which prices are just right, executives at RBC Capital Markets and Jefferies said.
WhiteHawk’s Marcellus acquisition, which effectively doubles its interests in Pennsylvania, follows a deal earlier this year to purchase Haynesville Shale assets.
Stressing its efficient use of resources, Range Resources management cited statistics from FactSet showing that in 2023 the company’s capex averaged $0.76 per Mcfe.
After posting $19 million in free cash flow in the third quarter, Pittsburgh-based CNX Resources said it expects its New Technologies group to generate between $75 million and $100 million in free cash flow next year.
Equitrans Midstream’s expected cost of the Mountain Valley Pipeline has increased to $7.2 billion.