Industry News

PA EHB Allows Wastewater Injection Well in McKean County to Open

In January 2024, MDN brought you the news that the Pennsylvania Dept. of Environmental Protection (DEP) approved a plan by Catalyst Energy to convert an existing conventional gas production well on Route 646 in Cyclone (Keating Township, McKean County, PA) into a shale wastewater injection well (see PA DEP Approves Shale Wastewater Injection Well in…

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EQT Closes Midstream JV Deal with Blackstone for $3.5 Billion

A little over one month ago, we confirmed a rumor that we previously reported regarding EQT Corporation selling a minority stake in its newly-acquired midstream assets from Equitrans to investment firm Blackstone in return for $3.5 billion in cold, hard cash (see Reuters Was Right – Blackstone Paying EQT $3.5B for Pipeline Stake). The deal…

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Coterra Notches Year-End Permian Deal for $43MM

Coterra Energy will buy an additional 1,650 net royalty acres from Sandia Minerals LLC, the interests of which are owned by Franklin Mountain Royalty Investments, for $43 million. This post appeared first on Hart Energy.

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E&P Highlights: Dec. 30, 2024

Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project. This post appeared first on Hart Energy.

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