Enbridge Sells Off NGL Pipeline, Assets to Pembina for $2.9B

With its deal to buy Enbridge’s NGL assets closed, Canada's Pembina Pipeline raised EBITDA guidance for 2024.

BOEM Announces Next Steps for GoM Lease Sales 262, 263, 264

BOEM said Lease Sale 262 is expected to take place in 2025.

APA Closes $4.5B Callon Deal, Deepening Permian Roots

About two-thirds of Apache’s daily production will come from the Permian Basin after APA Corp. completed its $4.5 billion takeout of Callon Petroleum.

Dorchester Minerals Buys Interests in Two Colorado Counties

Dorchester Minerals’ acquisition totals approximately 1,485 net royalty acres for roughly $17 million.

Aethon Cuts Rigs but Wants More Western Haynesville Acreage

Private gas E&P Aethon Energy has drilled some screamers in its far western Haynesville Shale play—and the company wants to do more in the area.

SLB to Acquire Majority Stake in Aker Carbon Capture

SLB and Aker Carbon Capture plan to combine their technology portfolios, expertise and operations platforms to bring carbon capture technologies to market faster and more economically, SLB said in a news release.

MidOcean Completes Acquisition of Tokyo Gas’ LNG Interests in Australia

EIG’s MidOcean Energy will acquire Tokyo Gas’ interests in the Gorgon LNG, Pluto LNG and Queensland Curtis LNG projects.

DUG GAS+: Chesapeake in Drill-but-don’t-turn-on Mode

COO Josh Viets said Chesapeake is cutting costs and ready to take advantage once gas prices rebound.

SilverBow Rejects Kimmeridge’s Latest Offer, ‘Sets the Record Straight’

In a letter to SilverBow shareholders, the E&P said Kimmeridge’s offer “substantially undervalues SilverBow” and that Kimmeridge’s own South Texas gas asset values are “overstated.”

Elk Range Royalties Makes Entry in Appalachia with Three-state Deal

NGP-backed Elk Range Royalties signed its first deal for mineral and royalty interests in Appalachia, including locations in Pennsylvania, Ohio and West Virginia.