Appalachian Basin – Oil & Gas 360

IOG Resources II acquires non-operated gas assets in Pennsylvania’s Appalachian basin

November 5, 2025

(World Oil) – IOG Resources II, LLC (IOGR II) has announced the acquisition of producing non-operated natural gas assets in the Appalachian Basin from an undisclosed seller. The assets, operated by Seneca Resources, an affiliate of National Fuel Gas Co., are located primarily across Clearfield, Elk and McKean counties, Pennsylvania, and currently produce approximately 19 MMcf/d. The transaction marks the seventh

Infinity Natural eyes up to $1.2 bln valuation as energy IPOs gain momentum

January 21, 2025

(BOE Report) – Infinity Natural Resources is targeting a valuation of up to $1.24 billion in its initial public offering, joining a bunch of energy industry companies that have rushed to list their shares in recent months. The company, which first filed its IPO paperwork in October, said on Tuesday it is aiming to raise up to $278.25 million through

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

Enbridge to Keep Kentucky Gas Pipe Shut for at Least a Week After Blast

August 6, 2019

From Reuters Canadian energy company Enbridge Inc said the section of its Texas Eastern pipeline in Kentucky that exploded on Thursday, killing one person, will remain shut through at least Aug. 12. Enbridge said in a notice to customers Monday afternoon it is working with federal and state officials investigating the incident and has not estimated when the damaged section

Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

UGI Subsidiary Closes on Columbia Midstream Deal

August 2, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 UGI Energy Services completes acquisition of TC Energy subsidiary Columbia Midstream UGI Energy Services LLC, a subsidiary of UGI Corporation (stock ticker: UGI), has completed its previously announced acquisition of the equity interests of Columbia Midstream Group, a subsidiary of TC Energy Corporation (stock ticker: TRP), for approximately $1.275 billion. The

Range Sells Appalachian Assets for $634 Million

July 19, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Range sells royalties in 350,000 net surface acres for $600 million, 20,000 non-producing acres for $34 million Range Resources Corporation (stock ticker: RRC), a Fort Worth-based independent E&P, has agreed to sell a 2% proportionately reduced overriding royalty interest in 350,000 net surface acres of its southwest Appalachian Basin assets. The

Equitrans, EQM Appoint President

July 15, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Diana M. Charletta appointed president of both entities, retains position as COO and board member Equitrans Midstream Corporation (stock ticker: ETRN) and its general partner – EQM Midstream (stock ticker: EQM) – have appointed Diana M. Charletta as president of both entities. In addition to her new appointment, Charletta will retain

TC Energy Unloads Columbia Midstream for $1.3 Billion

July 3, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 UGI subsidiary to acquire Columbia Midstream from TC Energy subsidiary UGI Corporation (stock ticker: UGI) subsidiary UGI Energy Services has signed a definitive agreement to acquire the equity interests of Columbia Midstream Group (CMG) from a subsidiary of TC Energy Corporation (stock ticker: TRP) for approximately $1.275 billion. The assets owned

Antero Midstream to Launch $600 Million Offering

June 25, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Antero intends to offer $600 million in senior unsecured notes Antero Midstream Partners LP, a wholly owned subsidiary of Antero Midstream, intends to offer $600 million in aggregate principal amount of senior unsecured notes due 2028 in a private placement to eligible purchasers. The proceeds of this offering are expected to

Range Appoints Director

November 2, 2018

November 01, 2018 16:40 ET | Source: Range Resources Corporation FORT WORTH, Texas, Nov. 01, 2018 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that Steve Gray has been appointed to the Company’s Board of Directors. Mr. Gray’s appointment is effective October 30, and was mutually agreed upon by the Company’s Board of Directors and SailingStone Capital Partners, LLC. Mr. Gray will serve on the

Southwestern Energy Aims $1.25 Billion CapEx at Appalachian Basin

February 9, 2018

Southwestern Energy Company (ticker: SWN) will be going deeper into the Appalachian once again in 2018. The plan includes drilling 100-120 wells, completing 105-125 wells and placing 125-145 wells to sales. 2017 recap In 2017, SWN had a total net production of 897 Bcfe, including 578 Bcfe from the Appalachian Basin and 316 Bcf from the Fayetteville Shale – this

Finding Costs Drop to 10-Year Low - Oil & Gas 360

Valuations of Appalachian E&Ps Could Start to Surpass the Permian Herd

March 23, 2017

Pipeline constraints limiting the value of Appalachian operators It’s a Wall Street quandary. It is no secret that the Permian has become the hottest play in the United States with E&Ps competing to acquire acreage, but the companies operating there may not always attract the most attractive multiples from investors. In January, EnerCom Analytics took an in-depth look at what

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