Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020. That’s the year Japan’s Tokyo Gas bought a controlling stake in now Castleton Commodities for $620 million in its first acquisition of a shale gas operator. Assets included 222,400 net acres and 295 MMCFD in the Haynesville and Cotton Valley. Tokyo Gas, the largest utility company in Japan, now owns 93% of TGNR and has made no bones about its pure-play ambitions in the nation’s third-largest natural gas field. These, in the name of savvy acquisitions with LNG destinations.

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020. That’s the year Japan’s Tokyo Gas bought a controlling stake in now Castleton Commodities for $620 million in its first acquisition of a shale gas operator. Assets included 222,400 net acres and 295 MMCFD in the Haynesville and Cotton Valley. Tokyo Gas, the largest utility company in Japan, now owns 93% of TGNR and has made no bones about its pure-play ambitions in the nation’s third-largest natural gas field. These, in the name of savvy acquisitions with LNG destinations.

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020. That’s the year Japan’s Tokyo Gas bought a controlling stake in now Castleton Commodities for $620 million in its first acquisition of a shale gas operator. Assets included 222,400 net acres and 295 MMCFD in the Haynesville and Cotton Valley. Tokyo Gas, the largest utility company in Japan, now owns 93% of TGNR and has made no bones about its pure-play ambitions in the nation’s third-largest natural gas field. These, in the name of savvy acquisitions with LNG destinations.

Reese Energy Consulting today is following the latest from the Haynesville, where Chevron last November dangled a carrot to sell 70,000 mostly undeveloped acres in Panola County, Texas, following its $53 billion pick up of Hess Corp. Tick, tick, tick on that sale for nearly a year as gas prices ate dirt and Chevron paused drilling there. Still, there were watchers in Panola County. Those with their own strategies to produce gas to feed Gulf Coast LNG facilities. One of them was TGNR. Chevron is now reportedly in talks with TGNR in what could be a $1 billion deal for its Panola County, Texas, assets. And what a dandy to be had for TG, the largest gas producer in Panola, reporting 123.6 MMCFD as of July.

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020. That’s the year Japan’s Tokyo Gas bought a controlling stake in now Castleton Commodities for $620 million in its first acquisition of a shale gas operator. Assets included 222,400 net acres and 295 MMCFD in the Haynesville and Cotton Valley. Tokyo Gas, the largest utility company in Japan, now owns 93% of TGNR and has made no bones about its pure-play ambitions in the nation’s third-largest natural gas field. These, in the name of savvy acquisitions with LNG destinations.

Reese Energy Consulting today is following the latest from the Haynesville, where Chevron last November dangled a carrot to sell 70,000 mostly undeveloped acres in Panola County, Texas, following its $53 billion pick up of Hess Corp. Tick, tick, tick on that sale for nearly a year as gas prices ate dirt and Chevron paused drilling there. Still, there were watchers in Panola County. Those with their own strategies to produce gas to feed Gulf Coast LNG facilities. One of them was TGNR. Chevron is now reportedly in talks with TGNR in what could be a $1 billion deal for its Panola County, Texas, assets. And what a dandy to be had for TG, the largest gas producer in Panola, reporting 123.6 MMCFD as of July.

A Chevron deal would mark TGNR’s second Haynesville acquisition inside a year. The company last December gobbled up Rockcliff Energy for $2.7 billion, which added 270,000 acres in the Haynesville and nearly quadrupled its production with 1.3 BCFD. As far as more acquisitions here, you can bet TGNR will be watching.

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A Chevron deal would mark TGNR’s second Haynesville acquisition inside a year. The company last December gobbled up Rockcliff Energy for $2.7 billion, which added 270,000 acres in the Haynesville and nearly quadrupled its production with 1.3 BCFD. As far as more acquisitions here, you can bet TGNR will be watching.

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020.Edit excerpt

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Reese Energy Consulting today is following the latest from the Haynesville, where Chevron last November dangled a carrot to sell 70,000 mostly undeveloped acres in Panola County, Texas, following its $53 billion pick up of Hess Corp. Tick, tick, tick on that sale for nearly a year as gas prices ate dirt and Chevron paused drilling there. Still, there were watchers in Panola County. Those with their own strategies to produce gas to feed Gulf Coast LNG facilities. One of them was TGNR. Chevron is now reportedly in talks with TGNR in what could be a $1 billion deal for its Panola County, Texas, assets. And what a dandy to be had for TG, the largest gas producer in Panola, reporting 123.6 MMCFD as of July.

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020. That’s the year Japan’s Tokyo Gas bought a controlling stake in now Castleton Commodities for $620 million in its first acquisition of a shale gas operator. Assets included 222,400 net acres and 295 MMCFD in the Haynesville and Cotton Valley. Tokyo Gas, the largest utility company in Japan, now owns 93% of TGNR and has made no bones about its pure-play ambitions in the nation’s third-largest natural gas field. These, in the name of savvy acquisitions with LNG destinations.

Reese Energy Consulting today is following the latest from the Haynesville, where Chevron last November dangled a carrot to sell 70,000 mostly undeveloped acres in Panola County, Texas, following its $53 billion pick up of Hess Corp. Tick, tick, tick on that sale for nearly a year as gas prices ate dirt and Chevron paused drilling there. Still, there were watchers in Panola County. Those with their own strategies to produce gas to feed Gulf Coast LNG facilities. One of them was TGNR. Chevron is now reportedly in talks with TGNR in what could be a $1 billion deal for its Panola County, Texas, assets. And what a dandy to be had for TG, the largest gas producer in Panola, reporting 123.6 MMCFD as of July.

A Chevron deal would mark TGNR’s second Haynesville acquisition inside a year. The company last December gobbled up Rockcliff Energy for $2.7 billion, which added 270,000 acres in the Haynesville and nearly quadrupled its production with 1.3 BCFD. As far as more acquisitions here, you can bet TGNR will be watching.

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020.Edit excerpt

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A Chevron deal would mark TGNR’s second Haynesville acquisition inside a year. The company last December gobbled up Rockcliff Energy for $2.7 billion, which added 270,000 acres in the Haynesville and nearly quadrupled its production with 1.3 BCFD. As far as more acquisitions here, you can bet TGNR will be watching.

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020. That’s the year Japan’s Tokyo Gas bought a controlling stake in now Castleton Commodities for $620 million in its first acquisition of a shale gas operator. Assets included 222,400 net acres and 295 MMCFD in the Haynesville and Cotton Valley. Tokyo Gas, the largest utility company in Japan, now owns 93% of TGNR and has made no bones about its pure-play ambitions in the nation’s third-largest natural gas field. These, in the name of savvy acquisitions with LNG destinations.

Reese Energy Consulting today is following the latest from the Haynesville, where Chevron last November dangled a carrot to sell 70,000 mostly undeveloped acres in Panola County, Texas, following its $53 billion pick up of Hess Corp. Tick, tick, tick on that sale for nearly a year as gas prices ate dirt and Chevron paused drilling there. Still, there were watchers in Panola County. Those with their own strategies to produce gas to feed Gulf Coast LNG facilities. One of them was TGNR. Chevron is now reportedly in talks with TGNR in what could be a $1 billion deal for its Panola County, Texas, assets. And what a dandy to be had for TG, the largest gas producer in Panola, reporting 123.6 MMCFD as of July.

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020. That’s the year Japan’s Tokyo Gas bought a controlling stake in now Castleton Commodities for $620 million in its first acquisition of a shale gas operator. Assets included 222,400 net acres and 295 MMCFD in the Haynesville and Cotton Valley. Tokyo Gas, the largest utility company in Japan, now owns 93% of TGNR and has made no bones about its pure-play ambitions in the nation’s third-largest natural gas field. These, in the name of savvy acquisitions with LNG destinations.

Reese Energy Consulting today is following the latest from the Haynesville, where Chevron last November dangled a carrot to sell 70,000 mostly undeveloped acres in Panola County, Texas, following its $53 billion pick up of Hess Corp. Tick, tick, tick on that sale for nearly a year as gas prices ate dirt and Chevron paused drilling there. Still, there were watchers in Panola County. Those with their own strategies to produce gas to feed Gulf Coast LNG facilities. One of them was TGNR. Chevron is now reportedly in talks with TGNR in what could be a $1 billion deal for its Panola County, Texas, assets. And what a dandy to be had for TG, the largest gas producer in Panola, reporting 123.6 MMCFD as of July.

A Chevron deal would mark TGNR’s second Haynesville acquisition inside a year. The company last December gobbled up Rockcliff Energy for $2.7 billion, which added 270,000 acres in the Haynesville and nearly quadrupled its production with 1.3 BCFD. As far as more acquisitions here, you can bet TGNR will be watching.

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020.Edit excerpt

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A Chevron deal would mark TGNR’s second Haynesville acquisition inside a year. The company last December gobbled up Rockcliff Energy for $2.7 billion, which added 270,000 acres in the Haynesville and nearly quadrupled its production with 1.3 BCFD. As far as more acquisitions here, you can bet TGNR will be watching.

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020.Edit excerpt

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Reese Energy Consulting today is following the latest from the Haynesville, where Chevron last November dangled a carrot to sell 70,000 mostly undeveloped acres in Panola County, Texas, following its $53 billion pick up of Hess Corp. Tick, tick, tick on that sale for nearly a year as gas prices ate dirt and Chevron paused drilling there. Still, there were watchers in Panola County. Those with their own strategies to produce gas to feed Gulf Coast LNG facilities. One of them was TGNR. Chevron is now reportedly in talks with TGNR in what could be a $1 billion deal for its Panola County, Texas, assets. And what a dandy to be had for TG, the largest gas producer in Panola, reporting 123.6 MMCFD as of July.

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020. That’s the year Japan’s Tokyo Gas bought a controlling stake in now Castleton Commodities for $620 million in its first acquisition of a shale gas operator. Assets included 222,400 net acres and 295 MMCFD in the Haynesville and Cotton Valley. Tokyo Gas, the largest utility company in Japan, now owns 93% of TGNR and has made no bones about its pure-play ambitions in the nation’s third-largest natural gas field. These, in the name of savvy acquisitions with LNG destinations.

Reese Energy Consulting today is following the latest from the Haynesville, where Chevron last November dangled a carrot to sell 70,000 mostly undeveloped acres in Panola County, Texas, following its $53 billion pick up of Hess Corp. Tick, tick, tick on that sale for nearly a year as gas prices ate dirt and Chevron paused drilling there. Still, there were watchers in Panola County. Those with their own strategies to produce gas to feed Gulf Coast LNG facilities. One of them was TGNR. Chevron is now reportedly in talks with TGNR in what could be a $1 billion deal for its Panola County, Texas, assets. And what a dandy to be had for TG, the largest gas producer in Panola, reporting 123.6 MMCFD as of July.

A Chevron deal would mark TGNR’s second Haynesville acquisition inside a year. The company last December gobbled up Rockcliff Energy for $2.7 billion, which added 270,000 acres in the Haynesville and nearly quadrupled its production with 1.3 BCFD. As far as more acquisitions here, you can bet TGNR will be watching.

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Chevron and TG Natural Resources Look to Make a Haynesville Deal

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Houston-based TG Natural Resources (TGNR) isn’t that shy kid in the back of a classroom scratching his head. Not when opportunities arise to expand its Haynesville position—a steady work in progress since 2020.Edit excerpt

290 words, 2 minutes read time.

Last edited 4 minutes ago.

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Link/chevron-and-tg-natural-resources-look-to-make-a-haynesville-deal

Authorreeseenergyconsulting

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Search CategoriesAllLifestyleLifestyleNewsNewsTechTechEnergyAlaskaAmmoniaAnadarko BasinAppalachiaArkoma BasinBakkenBarnett ShaleBatteriesBig Horn BasinBiofuelsCarbon Capture – CCSCertified Natural GasCherokee BasinCoalCompany SpotlightCompressor StationsContract ManagementCrude OilCushing HubDecarbonizationDJ BasinDownstreamEagle FordElectrificationEnergy ServicesEnergy TechnologiesEnergy TransitionEngineeringEthyleneEVsExecutive SpotlightExport TerminalsFayetteville ShaleFrackingFractionatorsGas PlantsGathering SystemsGeothermal PowerGranite WashGreen River BasinGulf CoastHaynesvilleHeliumHorizontal DrillingHugotonHybridsHydrogenHydropowerImport TerminalsInternationalJoint VenturesLithiumLNGLPGMarcellus / UticaMergers & AcquisitionsMid-ContinentMidstreamNatural GasNatural Gas Liquids – NGLsNuclear PowerOffshoreOilfield SuppliersPermianPetrochemicalPiceancePipelinesPowder River BasinPower PlantsPrivate EquityRefined Crude ProductsRefineriesRenewable DieselRenewable EnergyRenewable FuelsRenewable Natural GasResponsibly Sourced Natural GasRevenue AccountingSan Juan BasinSCOOP / STACKSmackover FormationStorageSubject Matter Witness and Expert TestimonyTRANSMISSION / TAKEAWAYUpstreamUticaWater ManagementWilliston BasinFinanceHeliumInvestingInvestingNatural GasPipelineSan JuanSocialSocialSocialUncategorizedAdd New Category

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A Chevron deal would mark TGNR’s second Haynesville acquisition inside a year. The company last December gobbled up Rockcliff Energy for $2.7 billion, which added 270,000 acres in the Haynesville and nearly quadrupled its production with 1.3 BCFD. As far as more acquisitions here, you can bet TGNR will be watching.