Energy A&D Transactions from the Week of Feb. 2, 2022
Here’s a snapshot of recent energy deals including Maverick’s $440 million acquisition of ConocoPhillips Permian Basin assets plus further M&A activity in the Permian and D-J basins.
What Chesapeake’s Chief Oil & Gas Acquisition Reveals about Upstream Dealmaking
Andrew Dittmar, director at Enverus, explains why it’s still a great time to be a buyer in the upstream A&D space plus several other takeaways from Chesapeake’s pending takeover of Chief Oil & Gas.
Marketed: Eagle Minerals Package Across Ohio, Pennsylvania
Eagle Minerals Ltd. retained EnergyNet for the sale of a 38 well package including producing mineral interest and royalty interest plus non-producing minerals in Ohio and Pennsylvania.
CNX Resources Promotes Ravi Srivastava to President of New Technologies
In addition to Ravi Srivastava’s promotion, CNX Resources also announced the appointment of Hayley F. Scott as chief risk officer and the joining of Robert O. Agbede to the CNX board.
Evolution Well Services Acquires Field Gas Conditioning Business
The field gas revolution in the oil and gas industry is helping to reduce GHG emissions as well as provide substantially lower cost operations for E&Ps.
Chesapeake Energy CEO Weighs in on Purchase of Chief Oil & Gas
Chesapeake Energy CEO Nick Dell’Osso weighs in on the recent purchase of Chief Oil & Gas and the comeback of Texas upstream oil and gas.
Report: Expect Steady Production Growth from Marcellus, Utica Shale
By 2025, GlobalData forecasts the natural gas production in both the Marcellus and Utica shale plays to exceed pre-pandemic levels.
BCCK to Build Permian Nitrogen Rejection Unit for Pinnacle Midstream
“We are delighted to partner with Pinnacle Midstream on this project, which will allow us to further showcase BCCK’s gas processing and nitrogen removal expertise as well as our exceptional construction skills,” Greg Hall, executive vice president at BCCK, said.
Energy A&D Transactions from the Week of Jan. 26, 2022
Here’s a snapshot of recent energy deals including a flurry of A&D activity by Chesapeake Energy totaling over $3 billion that included the previously rumored acquisition of Chief Oil & Gas and an exit from the Powder River Basin.
Chesapeake Energy Refocuses on Shale Gas with Chief, Tug Hill Acquisition
Upon closing, Chesapeake Energy’s newly simplified portfolio will include refocused positions in the Marcellus, Haynesville and Eagle Ford shale plays.