CNX’s $505MM Bolt-On Adds Marcellus, Deep Utica in Pennsylvania

CNX Resources CEO Nick Deluliis said the deal to buy Apex Energy underscores CNX’s confidence in the stacked pay development opportunities unlocked in the deep Utica.

December 5, 2024

Utica Play Economics Are Middleweight, Enverus Says

Returns in America’s modest, middleweight oil play, are above the Bakken and Eagle Ford, but rank below the Midland, Delaware and Denver-Julesburg basins, Enverus reported.

December 4, 2024

Q&A: Exxon Mobil Pioneers the Permian and Guyana

Liam Mallon, Exxon Mobil’s upstream president, discusses how XOM liquids production has hit a 40-year high on the 25th anniversary of the Exxon-Mobil merger, and plans for the future.

December 3, 2024

Utica Oil E&P Infinity Natural Resources’ IPO Gains 7 More Bankers

Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.

November 27, 2024

Kissler: Wildcards That Could Impact Oil, Gas Prices in 2025

Geopolitics and weather top the list of trends that will determine the direction of oil and gas.

November 26, 2024

Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway

With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.

November 26, 2024

Exclusive: CNX Exec Says NatGas Goes Far Beyond Data Center Needs

As a resilient energy source, no other solution comes close to providing the dependable power of natural gas, CNX New Technologies President Ravi Srivastava told Hart Energy.

November 25, 2024

EQT, Blackstone Credit Enter $3.5 Billion Midstream Joint Venture

Blackstone Credit & Insurance entered a joint venture with EQT Corp. to take a non-controlling interest in the Mountain Valley Pipeline and other infrastructure from the Equitrans transactions for $3.5 billion.

November 25, 2024

Expand Foresees Drilling U-Turns in Appalachia

As Expand Energy leans into its newly combined Chesapeake-Southwestern acreage, Tim Beard, the company’s vice president of drilling, would be “surprised” if Expand did not drill U-turn wells in the Appalachian Basin.

November 20, 2024

DT Midstream to Buy 3 Pipe Networks from ONEOK in $1.2B Deal

ONEOK plans to use the proceeds from the sale of the Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission to focus on other operational priorities.

November 19, 2024