After announcing two acquisitions last week, Houston-based Momentum Midstream has all the tools and financial commitments in place to break dirt on its latest project in the Haynesville. ...
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Reese Energy Consulting last week shared news from Houston-based Talos Energy, one of the largest offshore producers in the Gulf of Mexico, which has expanded its operations to include carbon capture and storage (CCS) hubs in Texas and La. ...
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Calgary-based Steel Reef Infrastructure has expanded its U.S. midstream operations in the Williston Basin with the $40 million purchase of the Bison associated gas system operated by Houston-based Summit Midstream. ...
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Over 40 years, Texas-based U.S. Energy Development has carved out a niche for itself to become one of the nation’s largest sponsors of direct oil and gas investments. ...
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Denver-based Antero Midstream is beefing up its already sizeable position in the Marcellus/Utica with this week’s acquisition of even more gathering and compression assets. ...
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There’s no shortage of billion-dollar deals to be made or had this Indian Summer with today’s big announcement from the nation’s largest natural gas producer, Pa.-based EQT Corp. Reese Energy Consulting is following the latest wow acquisition, this time from the Land of CEO Toby Rice, the 38-year-old, self-proclaimed “shalennial”, where his EQT will snap up its rival Appalachian gas neighbor for $5.2 billion. The cash-and-stock deal with THQ Appalachia’s Tug Hill and Xcl Midstream offers one heck of a gas goody box in the Marcellus/Utica and adds 800 MMCFD of production to EQT’s current 5.2 BCFD. Other assets of the purchase include ~90,000 core net acres, ~300 net risked locations, 11 years of inventory, 95 miles of gathering systems connected to every major long-haul interstate pipeline in Southwest Appalachia, a 225 MMCFD processing plant, and 20 MBPD of condensate stabilization. EQT in 2020 acquired Chevron’s Appalachian upstream and midstream assets...
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