Energy A&D Transactions from the Week of Feb. 23, 2022
Here’s a snapshot of recent energy deals including the closing of Earthstone Energy’s acquisition of Warburg-backed Chisholme Energy for $604 million in the Permian Basin.
NextEra Takes $800 Million Charge for Mountain Valley Natgas Pipeline
NextEra said in a filing on Feb. 18 that its NextEra Energy Resources unit and other Mountain Valley joint venture partners continue to evaluate options and next steps for the project.
US Drillers Add Oil, Gas Rigs for Seventh Week
The oil and gas rig count rose 10 to 645 in the week to Feb. 18, its highest since April 2020, energy services firm Baker Hughes Co. reported.
Energy A&D Transactions from the Week of Feb. 16, 2022
Here’s a snapshot of recent energy deals including Crescent Energy’s $815 million all-cash acquisition of Uintah Basin assets previously owned by EP Energy in Utah.
Permian Basin Oil Output Forecast to Hit Record High in March
Gas output in both the Permian Basin and the Haynesville Shale in Texas, Louisiana and Arkansas will also rise to record highs of 20.4 Bcf/d and 14.5 Bcf/d in March, respectively.
Shale 2022: Changing Role of Gas Improves Prospects for Drillers
Between high-return—and stabilized— pricing and the role it is likely to play in the future, natural gas’ place in the energy mix is quickly growing.
Energy A&D Transactions from the Week of Feb. 9, 2022
Here’s a snapshot of recent energy deals including Whiting Petroleum’s $237 million expansion in the Williston Basin’s Sanish Field.
US Carbon Pipeline Proposals Trigger Backlash over Potential Land Seizures
The companies behind the projects seek to negotiate voluntary easements with landowners that would give them the legal right install the lines for carbon transport.
EQT Joins Alliance to Establish Hydrogen Hub in Appalachia
EQT will work alongside a newly formed alliance to establish a low-carbon and hydrogen industrial hub aiming to decarbonize the industrial base in the northern Appalachian region.
Energy Transfer Charged with Environmental Crimes in Pennsylvania
Energy Transfer's ETC Northeast Pipeline LLC unit was charged with two counts each of discharging industrial waste, discharging other pollutants, potential pollution and three counts of unlawful conduct.