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Southwestern Energy Expands Leading RSG Well Certification, Monitoring Program Across Operations
February 11, 2022
Southwestern Energy Company expanded its company-wide certification and continuous monitoring of its production as responsibly sourced gas (RSG), building upon its program in Appalachia to include its newly acquired Haynesville position. SWN’s RSG program reflects the company’s leading environmental, social
DOE Releases $28 Million FOA for R&D and FEED Projects to Develop Clean Hydrogen
February 11, 2022
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) will allocate $28 million in federal funding for research and development (R&D) and front-end engineering design (FEED) projects that will advance clean hydrogen as a carbon-free
Williams Hires LNG Executives for New Marketing Arm
February 11, 2022
U.S. natural gas pipeline operator Williams Companies has hired two veteran executives to set up a liquefied natural gas (LNG) marketing operation, according to employee profiles and people familiar with the matter. New LNG production capacity this year will push
API Appeals Gulf of Mexico Lease Sale Ruling
February 10, 2022
The American Petroleum Institute (API) filed a notice of appeal with the U.S. Court of Appeals for the D.C. Circuit of the decision by the D.C. District Court invalidating the results of the only federal lease sale for natural gas
Black & Veatch Awarded FEED Contract for Pembina’s Cedar Floating LNG Project, Canada
February 10, 2022
With its abundant natural gas supply, Canada’s British Columbia is seeing increased investment in liquefied natural gas (LNG) infrastructure as the world accelerates low- and zero-carbon energy resources. In advancing this effort, Black & Veatch performed the pre-FEED study and
As Oil Nears $100 a Barrel, U.S. Drillers Get Busy in Costly Shale Basins
February 10, 2022
As U.S. oil rises toward $100 a barrel, producers in some high-cost shale basins are buying properties and adding rigs and frack crews in places that fell silent when prices crashed early in the pandemic two years ago. Benchmark U.S.
Maverick to Aquire ConocoPhillips’ Permian Basin Assets for $440 Million
February 9, 2022
Maverick Natural Resources has entered into a definitive agreement to acquire certain producing properties in the Permian Basin from ConocoPhillips for a purchase price of $440 million, subject to customary adjustments. The assets to be acquired produced over 11,000 boepd
Unit Corp. to Divest Its Anadarko and Gulf Coast Gas Assets for $1 Billion
February 9, 2022
U.S. natural gas producer Unit Corp is reportedly looking to sell producing assets in the Anadarko and Gulf Coast basins that could be valued at nearly $1 billion. The company has roped in an investment bank for the sale of
Desert Peak Minerals to Merge with Falcon Minerals in $1.9 Billion Deal
February 9, 2022
Pure-play mineral and royalty company Desert Peak Minerals has agreed to combine with an oil and gas minerals company Falcon Minerals in an all-stock transaction that values the combined firm at $1.9 billion. The combination is anticipated to establish a
Pipeline and Hazardous Materials Safety Administration Shifts Focus to Cut Methane
February 9, 2022
The Pipeline and Hazardous Materials Safety Administration is readying its first-ever restrictions on methane emissions and planning to press pipeline companies on the issue in the coming months, marking a significant shift for a federal agency traditionally focused on safety
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