PHX said it agreed to sell 257 non-operated legacy working interest wellbores in the Arkoma Basin and Eagle Ford.
Despite a seemingly quiet year, the Haynesville saw a 54% increase in rig activity, reaching 72 in mid-December.
Phillip 66's Belle Chasse terminal was severely damaged during Hurricane Ida in August-September 2021.
Freeport LNG's export facility experienced shutdowns after an explosion in June.
PHX has added roughly 1,800 royalty acres in the SCOOP and Haynesville since July.
Colder weather sweeping across the U.S. is leading the country's natural gas futures to increase to a one-week high as of Dec. 9.
Monarch's production capacity is expected to expand to nearly 4 million tons per year by first-quarter 2023, ProFrac said.
Here’s a roundup of the latest E&P headlines including field upgrade plans being approved and a development milestone for a Senegalese field from the past week in the upstream oil and gas industry.
Freeport LNG has missed its U.S. LNG export facility restart date several times since June 2022.
U.S. natural gas producers shipped 88 total cargoes in November with 6.31 million tonnes of LNG, only slightly up from 6.28 million tonnes in October.