Summit Midstream is selling Utica assets to MPLX, which include a natural gas and condensate pipeline network and storage.
Ascent Resources- Utica LLC and Ascent Utica Minerals LLC has retained EnergyNet for the sale of a non-operated 96 well package in Belmont, Guernsey, Harrison, Jefferson and Noble counties, Ohio.
Shares for Oklahoma City-based Gulfport Energy massively outperformed market peers over the past year—and analysts think the natural gas-weighted name has even more upside.
Northern Oil and Gas, which recently closed acquisitions in the Utica Shale and Delaware Basin, announced a $0.40 per share dividend.
Northern Oil and Gas’ Utica deal marks the entry of the non-op E&P in the shale play while it’s Delaware Basin acquisition extends its footprint in the Permian.
EOG’s latest wells in its new Ohio oil play are rolling into state public records, while Ascent Resources and Encino Energy are reporting the biggest producers. All three are landing 3-milers. Some are 3.5 miles.
A closer look at the Appalachian midstream capacity picture shows some opportunities that producers can exploit now and in the future.
Despite a massive uptick in U.S. LNG exports since 2021, the Appalachia Basin remains a sleeping giant of production as politics, protests and litigation keep billions of cubic feet of natural gas cut off from world markets.
Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.
Equitrans Midstream’s expected cost of the Mountain Valley Pipeline has increased to $7.2 billion.