The Latest

EQT Closes $1.25B Non-Op Appalachia Divesture to Equinor

EQT Corp. said the proceeds of the sale to Equinor were used to repay outstanding borrowings under its revolving credit facility related to its acquisition of Equitrans Midstream Corp.

Coterra Notches Year-End Permian Deal for $43MM

Coterra Energy will buy an additional 1,650 net royalty acres from Sandia Minerals LLC, the interests of which are owned by Franklin Mountain Royalty Investments, for $43 million.

PE Firm Northleaf to Divest Interests in Spanish Solar Farm

Private equity firm Northleaf Capital Partners acquired a controlling interest in the NCP Solar Mula farm in 2018.

DT Midstream Closes $1.2B Midwest Pipeline Acquisition with ONEOK

DT Midstream acquired three pipelines with more than 3.7 Bcf/d of capacity that span approximately 1,300 miles across seven states.

Seadrill Completes Sale of Jackup Rig West Prospero

Seadrill has sold its West Prospero jackup rig for $45 million in cash in an effort to exit the jack-up rig market.

E&P Highlights: Dec. 30, 2024

Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.

EQT Closes $3.5B Midstream JV With Blackstone Credit

EQT used the $3.5 billion in proceeds from the midstream joint venture deal to pay down debt.

Ecopetrol Buys Repsol Asset Out from Under GeoPark

GeoPark Ltd. said Ecopetrol has exercised its preemptive to acquire Repsol Colombia O&G Ltd., which holds a 45% non-operating working interest Block CPO-9.

FREYR Closes Deal for Trina Solar Manufacturing Assets

FREYR Battery said it anticipates the facility, located in Wilmer, Texas, first solar cell production in the second half of 2026.

Baytex Completes Sale of Kerrobert Thermal Asset for $42MM

Baytex Energy’s divested Kerrobert non-core thermal asset can produce approximately 2,000 bbl/d of heavy oil.