More Top Stories in Shale Plays
In Service: Appalachian E&Ps Banking on MVP for Bigger Returns
Appalachian Basin E&Ps are expected to ramp up production for the Equitrans-operated Mountain Valley Pipeline by 2025 — although, near term, only about 38% of the line’s capacity is expected to be used, an analyst said.
Phillips 66 to Sell Interests in Rockies Express Pipeline to Tallgrass
Phillips 66’s sale to Tallgrass will generate $685 million in proceeds following debt and equity adjustments.
Study: Time Running Out for FID on Next Permian NatGas Pipeline
To meet natural gas takeaway demand by 2026, a final investment decision on a new Permian Basin pipeline will be needed before the end of the year, according to Enverus analysis.
Sea Power: Noble’s Deal Fires Major Volley in Offshore, Services M&A
Noble Corp.’s $1.6 billion acquisition of Diamond Offshore Drilling may seem like small potatoes compared to the upstream sectors’ massive megadeals, but service sector consolidation could snowball, analysts said.
Surge Holds Dry Powder for Northern Midland Growth
Surge is holding out liquidity for growth in the Midland Basin, said Linhua Guan, CEO of Surge Energy America, at Hart Energy's SUPER DUG Conference.
Aramco to Source Shale Feed-gas from NextDecade’s RGLNG Train 4
Aramco looks to offtake LNG from NextDecade Corp.’s Rio Grande LNG Train 4 in Brownville, Texas. A move that will source feed-gas from the Permian and Eagle Ford.
By the Horns: Matador Wrangles Ameredev Deal for Delaware Scale
Matador Resources expects its enterprise value to reach $11.5 billion after acquiring Ameredev II for $1.9 billion in cash—not bad for a brand launched in 1983 with friends-and-family financing.
Exclusive: How Liberty’s ‘Improved’ Operations Transformed the Bakken’s Core
Liberty Resources II’s president and CEO Mark Pearson walks through the sale of its Bakken assets to Silver Hill Energy Partners and highlights a few M&A drivers in the play, in this Hart Energy Exclusive interview.
Oxy, Other E&Ps Look to Alternative Power Sources for Ops
Oil and gas companies Occidental Petroleum Corp. and Diamondback Energy Inc. are collaborating with fission and fusion power technology companies to power their operations.
Permian To Drive Two-thirds of US Oil Output Growth Through '25 – EIA
The Permian Basin will drive U.S. oil production growth for the foreseeable future, according to the U.S. Energy Information Administration. But Permian associated gas growth continues to pressure the natural gas industry.