Chris
Mathews
Hart Energy
Dorchester Minerals Acquires Texas Mineral and Royalty Interests
Dorchester Minerals exchanged common units with a ballpark value of $10 million for 568 net royalty acres in three Texas counties.
AltaGas to Acquire Tidewater Midstream Assets for $480MM
AltaGas said it will acquire Tidewater’s Pipestone Natural Gas Processing Plant Phase 1 and II expansion projects; an adjacent natural gas storage facility; a truck-in/truck-out terminal; and associated gathering pipeline systems.
Marketed: Gemenon Mineral Fund II MORTON 1-9H and 5 DUCs
Gemenon Mineral Fund II LLC retained EnergyNet for Morton 1-9H (Producing MI/RI - 16.72 NMA) plus 5 DUCs located in Canadian County, Oklahoma.
A&D Minute: Occidental’s Voyage into Direct Air Capture Development [WATCH]
In this week's A&D Minute, Enverus' Andrew Dittmar discusses Occidental's recent acquisition of direct air capture company Carbon Engineering and how it will push the energy transition forward.
SPAC Attack: Clean Energy, Oil & Gas Cashed In on Pandemic-Era Frenzy
The pandemic’s wild SPAC boom helped launch several new public companies in the energy space. But federal intervention and souring investor appetites brought the historic boom back down to earth.
Summit Ridge Energy, HASI to Expand Solar Portfolio
Solar and energy storage developer Summit Ridge Energy and investor HASI plan to build a 250-megawatt (MW) community solar portfolio in Illinois and Maryland, doubling the size of their existing joint venture partnership.
Equinor Acquires 25% Stake in Bayou Bend CCS Project
Bayou Bend is being developed on 140,000 gross acres of pore space for permanent CO2 sequestration and gross potential storage resources of more than 1 billion metric tons.
Tivoli Services Buys Phillips 66’s Barnett NTX Pipeline
Tivoli Services closed the acquisition of Phillips 66’s NTX pipeline system in a deal that will be supported by a long-term transportation services contract with the integrated energy company.
Expro Agrees to Acquire PRT Offshore
Expro’s acquisition of PRT Offshore will strengthen its global services and solutions offerings.
Middle Innings: Shale E&Ps’ Slow Struggle to Woo Back Investors
To attract capital back into the sector, the largest oil and gas companies are spending less on exploration and development and more on shareholder returns. How long can they keep the gravy train rolling in different commodity cycles?