Midstream Players Awaiting the Merge Surge

Midstream Players Awaiting the Merge Surge

Midstream growth prospects limit funding at the moment, but the coming consolidation should shake things up.

Mark Druskoff, Contributing Editor
TotalEnergies has acquired a 45% interest in Eagle Ford Shale dry gas assets owned and operated by Lewis Energy Group, Paris-based Total said Sept. 27. The deal is the second this year by the company in South Texas. The acquisition of the low cost, “long plateau” assets further strengthens TotalEnergies’ integration across the gas value chain in the U.S., the company said. The company did not disclose financial details of the transaction. Located in Southwest Texas, the acquired assets have the potential

TotalEnergies Adds More Eagle Ford Shale Natgas to Support LNG

TotalEnergies said its second Eagle Ford deal this year with Lewis Energy Group strengthens the company’s upstream gas position and secures supply for its exports through Cameron LNG.

Hart Energy Staff
BKV Corp

BKV CEO: IPO Driven by AI Power Demand, Improving Natgas Macro

BKV Corp. IPO’d on Sept. 26, nearly two years after the Barnett Shale’s top gas producer first filed to go public.

Chris
Mathews
Hart Energy
Howard: Midstream’s M&A Renaissance

Howard: Midstream’s M&A Renaissance

The conditions for midstream dealmaking are the most favorable since the late 1990s and early 2000s.

Hinds Howard, Contributing Editor
Methane sensor

LongPath Adds Vital Energy Assets to Methane Sensing Network

LongPath Technologies is expanding its methane sensing network in the Permian Basin with a significant portion of Vital Energy’s assets. 

Hart Energy Staff
Woodside on the Prowl for Driftwood Partners, Gas Suppliers

Woodside on the Prowl for Driftwood Partners, Gas Suppliers

Australian natural gas and LNG exporter Woodside Energy, which recently agreed to acquire Tellurian in a deal valued at $1.2 billion, isn’t yet looking to develop an upstream U.S. onshore position to secure gas for Driftwood LNG.

Pietro D
Pitts
Hart Energy
Exxon Awards JGC, Technip Energies LNG FEED Contract

Exxon Awards JGC, Technip Energies LNG FEED Contract

Technip Energies said Rovuma LNG, located in Mozambique, is expected to have a total production capacity of 18 million tonnes per annum.

Hart Energy Staff

Validus to Buy Citizen Energy in Deal Worth Over $2 billion, Sources Say

Citizen Energy, backed by private equity firm Warburg Pincus, started exploring a sale in recent months after Validus Energy offered to buy the company, the sources said.

Shariq Khan and David French, Reuters
Chesapeake, Southwestern to Form Expand Energy After $7.4B Deal Closes

Chesapeake, Southwestern to Form Expand Energy as $7.4B Deal Closes

Chesapeake Energy’s merger with Southwestern Energy is expected to close in the first week of October, with the combined company renamed Expand Energy Corp.

Jordan
Blum
Hart Energy
Trauber: Inventory Drives M&A, But E&Ps Also Vying for Relevancy

Trauber: Inventory Drives M&A, But E&Ps Also Vying for Relevancy

Legendary dealmaker Stephen Trauber keeps his eyes open for out of the box ideas: Why not a BP-Shell merger? Or Chevon and ConocoPhillips? 

Deon
Daugherty
Hart Energy