Sunday, September 28, 2025

Southwestern Exits Fayetteville, Becomes Appalachian Pure-Play

Private equity buys up another gas asset Southwestern Energy (ticker: SWN) announced a major sale today, divesting its Fayettville shale properties for $1.87 billion in cash. Southwestern has been a major player in the Fayettville for the entire history of the play, and the company holds over 900,000 acres in the basin. According to RBC analyst Scott Hanold “Southwestern probably

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020 - Oil & Gas 360

Colorado Initiative 97 Hands Local Governments the Power to Bar Drilling

A deeper look at initiative 97 If Colorado voters choose to stop drilling by passing initiative #97 on Nov. 6, the economic ramifications are deep – Colorado governor has no veto power over the measure Nine weeks from today Colorado’s voters will have the opportunity to vote ‘Yes’ on a measure that will essentially shut down new drilling, workovers and

A $2.7 Billion Consolidation Creates a Giant

Transocean adds 11 existing rigs, two more under construction The offshore drilling sector showed significant life today, with a major M&A deal shaking up the landscape. Transocean (ticker: RIG) has agreed to acquire Ocean Rig (ticker: ORIG) in a transaction valued at $2.7 billion, consolidating the sector. Transocean will primarily be paying for the drillships Ocean Rig owns, which will

Permian Crude Soon to Move by Rail 

It’s no industry secret that crude oil has been bottled up in the Permian Basin in the past year or so by lack of takeaway, and with the increasing Permian production it’s been getting worse. There are pipelines under construction and others in planning, but a way to move more Permian oil to market is sorely needed now. One Houston company,