Marcellus/Utica
News
December 05, 2024
CNX Resources Corporation has entered into a definitive agreement to acquire the natural gas upstream and associated midstream business of Apex Energy II in the Appalachian Basin for total cash consideration of approximately $505 million.
Article
November 2024
There are multiple possible futures that lay ahead for the Marcellus and Utica shales–which ones will come to pass? The Marcellus and Utica shale formations are seen today, by both industry and government, as tremendous opportunities for companies and state governments: domestically produced energy; and jobs in the natural gas industry and associated businesses.
News
October 13, 2024
At least one investor is making a big bet that CNX Resources Corp. will keep climbing even as the natural gas producer’s stock reached a 10-year high this week.
News
April 15, 2024
Equinor will sell 100% interest in and operatorship of its onshore asset in the Appalachian basin, located in southeastern Ohio, in exchange for 40% of EQT’s non-operated working interest in the Northern Marcellus shale formation in Pennsylvania.
News
March 11, 2024
The $7.6 billion conduit is due to be completed in the second quarter. It will take natural gas from the land-locked Marcellus shale basin in Appalachia to markets in the Southeast and, potentially, to liquefied natural gas (LNG) export terminals on the Gulf Coast.
News
February 21, 2024
Chesapeake is currently operating nine rigs (five in the Haynesville and four in the Marcellus) and four frac crews (two in each basin). Given current market dynamics, the company plans to defer placing wells on production while reducing rig and completion activity.
News
November 30, 2023
NNE became the first producer in the United States to certify an asset to EO's independent voluntary standard for high-ESG performance at the site level in 2021.
News
November 26, 2023
The combined average expected 2024 production from the properties in the Northern Delaware and Appalachian basins is anticipated to reach roughly 6,500 boed.
News
November 20, 2023
Kimmeridge Energy Management Co., which is an active U.S. oil and gas investor, said a merger of Chesapeake Energy Corp. and Southwestern Energy Co. would create one of the industry’s most sought-after stocks.
News
November 16, 2023
(WO) — WhiteHawk Energy LLC has announced the acquisition of additional Marcellus Shale natural gas mineral and royalty assets for a total purchase price of $54 million.
News
July 17, 2023
The company received a grade A under the MiQ methane emissions standard and a grade A- from Equitable Origin's EO100 Standard for Responsible Energy Development, which focuses on environmental, social and governance (ESG) performance.
Article
February 2023
Price volatility, pipeline scarcity help corral production
News
February 25, 2023
The Texas-based oil and gas explorer is weighing a deal for the smaller U.S. rival as it seeks further consolidation in the shale industry, the people said, asking not to be identified discussing confidential information.
News
December 02, 2022
EQT Corp. said the U.S. antitrust regulator asked for additional information and documentary materials in connection with a $5.2 billion acquisition announced in September, a move that raises questions on the largest U.S. natural gas producer’s ability to keep its acquisition spree.
News
June 20, 2022
Global well integrity and production optimization company Coretrax has completed a world record-breaking project in the Utica Basin, Northeast U.S., for a major gas operator with its ReLine Expandable Technology.
News
August 04, 2021
The high-performing electric frac solution reduced emissions for Chesapeake by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeake’s local field gas network.
News
May 24, 2021
The merger of Cabot Oil & Gas Corp. with Cimarex Energy Co. announced Monday has confounded investors and analysts, leaving them to question the logic behind a tie-up that the companies say will increase diversification. Cimarex is mostly an oil explorer in Texas and Oklahoma, while Cabot is focused on natural gas drilling in the Marcellus shale basin in Appalachia.
News
May 06, 2021
EQT Corporation today announced it entered into a purchase agreement with Alta Resources Development, pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion, subject to customary closing adjustments.
News
April 22, 2021
Kayrros has released measurements quantifying the total methane emissions across the Appalachian Basin. The findings, derived from satellite data and proprietary algorithms, place the Appalachian Basin ahead of the Permian as the biggest source of methane in the US and identify the primary sources behind its emissions.
News
April 13, 2021
Crude production in the Permian basin will reach 4.466 million barrels a day in May, the most in a year, and rig counts have touched a one-year high, according to the latest data from the Energy Information Administration.
News
October 21, 2020
“There’s only going to be three or four independents that are investable by shareholders” after the recent market rout, Pioneer CEO Scott Sheffield said on a conference call with analysts. “The best companies have been picked off the past few weeks.”
