Marcellus
Lease Sales
Marketed: BKV Chelsea 214 Well Package in Marcellus Shale
BKV Chelsea has retained EnergyNet for the sale of a 214 non-operated well package in Bradford, Lycoming, Sullivan, Susquehanna, Tioga and Wyoming counties, Pennsylvania.
Acquisitions & Divestitures
EQT, Equinor Agree to Massive Appalachia Acreage Swap
Equinor will part with its operated assets in the Marcellus and Utica Shale and pay $500 million to EQT in exchange for 40% of EQT’s non-operated assets in the Northern Marcellus Shale.
Earnings , Shale Plays , Rig Counts , Field Development
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
International , Natural Gas , Crude Oil , Shale Plays
Repsol Eyes Increasing Core US Upstream Business
Madrid-based Repsol SA will invest €$2.2 billion (US$2.38 billion) between 2024-2027 on its unconventional assets in the Marcellus and Eagle Ford as it focuses on increasing its core U.S. upstream business platform.
Shale Plays , Investment , Acquisitions & Divestitures , Earnings , Natural Gas
Analysts: Why Are Investors Snapping Up Gulfport Energy Stock?
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.
Mergers , Policy & Regulations
Daugherty: Feds Take Aggressive Posture on Oil, Gas Mergers
Newly released guidelines by the Department of Justice and Federal Trade Commission suggest that a post-deal, combined market share of more than 30% is potentially problematic.
Drilling , Logistics
The Completions Package: NexTier, ProPetro Electrify Frac Fleets
NexTier and ProPetro’s respective electric frac fleets are touting a newer, cheaper and more sustainable approach to hydraulic fracturing through electrification.
Acquisitions & Divestitures , Mergers
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.
Mergers , Natural Gas
Potential Chesapeake, Southwestern Merger May Face Tough Scrutiny
Low natural gas prices are driving producers such as Chesapeake and Southwestern to seek large ‘strategic’ deals at a time when large-scale consolidation is coming under increased scrutiny by lawmakers and regulators.
DUG Appalachia , Exploration & Production , Shale Plays , Hart Energy Exclusive
Exclusive: Repsol Experimenting with Cluster Spacing to Deliver Production Results
Jose Chirinos, the planning development manager for Repsol, elaborates on the company's well optimization tactics and their long- range rig plan in this Hart Energy LIVE Exclusive Interview.