Situated near the Colo.-Kansas border, Tumbleweed Midstream’s Ladder Creek System is one of a few natural gas processing plants in the U.S. that also extracts, purifies, and liquefies helium. ...
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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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Houston-based Cheniere, the nation’s largest LNG producer, has big aspirations for its growing LNG export facility in Corpus Christi....
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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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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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