Southwestern’s New Directions
CEO Bill Way has shifted Southwestern Energy’s course from Fayetteville founder to dual-basin natural gas powerhouse. Now the LNG sector’s top supplier aims to establish itself as the leading natural gas company in the U.S. with decades of inventory in the Haynesville Shale and Appalachian Basin.
The OGInterview: Southwestern’s New Directions [WATCH]
CEO Bill Way has shifted Southwestern Energy’s course from Fayetteville founder to dual-basin natural gas powerhouse. Now the LNG sector’s top supplier aims to establish itself as the leading natural gas company in the U.S. with decades of inventory in the Haynesville Shale and Appalachian Basin.
Dorchester Minerals Acquires Texas Mineral and Royalty Interests
Dorchester Minerals exchanged common units with a ballpark value of $10 million for 568 net royalty acres in three Texas counties.
In the Pipe: Clearfork Midstream’s Haynesville System Ready for LNG’s Next Wave
From the outset Clearfork Midstream LLC’s acquisition of Azure Midstream in 2022, the goal was a rapid expansion to meet the needs of the Haynesville Shale as a source of global LNG supply.
Aethon Energy Hires C-Suite Execs from Caerus, ConocoPhillips
Aethon Energy, one of the nation’s largest private natural gas producers, is filling out its executive team with new hires and a promotion from within.
Clearfork Midstream Expands Haynesville Shale Infrastructure to Core
Clearkfork Midstream’s upgrades and expansions have increased capacity 65% since 2022 and in July system volumes eclipses 1 Bcf/d.
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.
A&D Minute: A Flurry of Activity in the Permian and South Texas [WATCH]
In this week's A&D Minute, Chesapeake Energy fully exits the Eagle Ford, Earthstone Energy follows suit and Sitio Royalties spends $248 million to increase its Permian footprint by 7%.
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.
NGP’s Latest Fund to Stick with Existing Teams, Add Few Newcomers
NGP is targeting low breakeven upstream opportunities in the Permian Basin, Bakken and the Haynesville, Marcellus and Eagle Ford shales.