Chris
Mathews
Hart Energy
Trafigura Agrees to Purchase 1PointFive DAC Carbon Removal Credits
Trafigura’s purchase of 1PointFive’s CO2 removal credits is part of its commitment as a founding member of the First Movers Coalition to support the advancement of CO2 removal credits.
Shell Sells Nigerian Onshore Business for Up to $2.4 Billion
Shell is selling its Nigerian onshore oil and gas business to a Nigerian-led energy consortium for $1.3 billion and will receive additional payments of up to $1.1 billion from the European group.
Moda Closes Sale of Vopak Moda Houston Terminal Interest
Moda, backed by EnCap Flatrock Midstream, sold its joint venture interests in the terminal to Madrid’s Exolum.
Phoenix Capital Group Acquires Bakken Mineral Interests
Phoenix Capital Group acquired about 600,000 net mineral acres across four states from AgWest Farm Credit.
Talos Energy to Acquire QuarterNorth for $1.29 Billion
Talos Energy estimates QuarterNorth’s average daily production — largely from its interests in the Katmai discovery in the Green Canyon region— will be approximately 30,000 boe/d.
Prairie Operating Acquires More D-J Basin Assets for $94.5MM
Houston-based Prairie Operating Co. is scaling its D-J Basin footprint with a $94.5 million acquisition of Nickel Road Operating LLC.
As Chesapeake, Southwestern Ink $7.4B Deal, D.C. Gasses Up for More Scrutiny
Natural gas mergers can bring more federal attention, and Chesapeake and Southwestern’s dominant positions in the Haynesville Shale and Appalachian Basin are likely to raise eyebrows.
Analysts: Chesapeake-SWN Poised to Supply Growing Global LNG Demand
Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion merger to serve more domestic customers and access growing global LNG demand.
Chesapeake, Southwestern to Combine in $7.4B Deal
Chesapeake Energy and Southwestern Energy's merger will create dominant positions in Appalachia and the Haynesville Shale, which the companies say would compete on the global stage.
Behind The Scenes: The Pioneer Exxon Deal from A to XOM
Pioneer was a potential buyer of a mystery E&P before deciding to sell to Exxon Mobil. Between June 22 and Oct. 10, terms of 2023’s largest U.S. oil and gas merger were debated.