Marcellus
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The new partnership assets include pipelines in Pennsylvania, Ohio, and West Virginia serving the Marcellus and Utica shales.
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The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region.
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The US onshore business is looking flat at the moment, though these sorts of predictions are prone to sudden shifts.
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M&A market activity in the third quarter delivered the best showing of 2022 despite price volatility and a dearth of deals in the prolific Permian Basin.
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SponsoredCase study on how a Marcellus operator was able to recover 99%+ of frac sand in high flowrate wells using advanced cyclone technology.
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The Oklahoma City-based shale gas explorer said the concurrent deals will simplify its portfolio and lower its overall emissions rate.
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When it comes to produced water from US shale plays, it’s either recycle and reuse or throw it away—and both are easier said than done.
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The paper demonstrates the application of an interpretable machine-learning work flow using surface drilling data to identify fracable, brittle, and productive rock intervals along horizontal laterals in the Marcellus shale.
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Northeast Pennsylvania producer was formed in 2017 after the purchase of Shell-operated properties.
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The latest deal bucks a trend that has been dominated by moves to consolidate assets within a single basin by creating a multibasin company that its leaders say is better prepared for the "commodity roller coaster."
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