Devon Energy Keeps Its Priorities Straight with A&D
Devon Energy focuses on a business model that bakes shareholder returns into its base formula, enabling growth and investor prosperity during tough times, Corporate Development Officer David Harris told Hart Energy A&D conference attendees.
Energy A&D Transactions from the Week of Oct. 26, 2022
Here’s a snapshot of recent energy deals including NOG’s $330 million Permian Basin acquisition in Midland County, Texas, plus the closing of the $1.96 billion buyout of Shell Midstream.
On the Market Oil and Gas Quicklist (Week of Oct. 26, 2022)
Here’s a quicklist of oil and gas assets on the market including Arkoma Drilling’s portfolio of Haynesville assets in North Louisiana plus the Gungnir Resources prospect in the northern D-J Basin in Wyoming.
Same Name, New Chesapeake: Capitalizing on Low-Carbon Natural Gas
Chesapeake Energy CFO Mohit Singh shared details with Hart Energy conference attendees on the company’s strategy to withstand downturns and keep shareholders happy with dividends and low-carbon natural gas.
Chesapeake Energy Trims Workforce Ahead of Oil Properties Sale
Natural gas producer Chesapeake Energy is preparing for the sale of assets acquired from Wildhorse Resource Development in 2019.
Marketed: Arkoma Drilling Contiguous Haynesville Position in North Louisiana
Arkoma Drilling II LP retained EnergyNet Indigo for sale its portfolio of northeastern Haynesville assets located in the Ark-La-Tex Basin in North Louisiana across Bienville, Bossier and Webster parishes.
Clearfork Midstream to Expand Haynesville Gas System in North Louisiana
Clearfork Midstream recently signed agreements to support significant buildout projects in the Haynesville Shale including expansion to the treating capacity of its Holly System and the construction of two new gathering pipelines in North Louisiana.
Gulf Coast Midstream Announces Open Season for Natgas Storage Services
Gulf Coast Midstream Partners' Freeport Energy Storage and Sequestration Hub will provide firm gas storage services located near the U.S. Gulf Coast.
Freeport LNG Plant to Require Full US Approval Before Partial Restart
Texas' Freeport LNG, one of the U.S.' biggest LNG export plants, processes approximately 2 Bcf/d of natural gas and exports upwards of 15 million tonnes of LNG a year.
Energy A&D Transactions from the Week of Oct. 19, 2022
Here’s a snapshot of recent energy deals including BP’s $4.1 billion acquisition of Houston-based Archaea Energy and Continental Resources’ take-private merger agreement.