Matador Resources Co. has bolted on its largest deal yet in the Permian Basin in an agreement to acquire Advance Energy Partners Holdings LLC, with assets in New Mexico and West Texas. The independent is providing an initial cash payment of $1.6 billion, with an additional $7.5 million total paid monthly in 2023 if the…
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November natural gas is set to open unchanged at $3.02 Friday morning as weather forecasts can only muster nominal changes in the near-term outlook. Overnight oil markets eased.
The Obama administration’s upcoming review of 2017-2025 model year light-duty vehicle fuel-efficiency and emission standards needs to be reaffirmed and continued, representatives from the Environmental Defense Fund (EDF) said Monday.
June natural gas is set to open a penny higher Thursday morning at $4.48 as traders hone their short-term trading algorithms and expect the season’s second triple-digit increase in working gas inventories. Overnight oil markets were mixed.
Cash and futures posted strong gains with nearly all points into the black, some in double-digits.
Nearly all active physical natural gas trading points declined Friday weekend and Monday delivery. The average setback was 8 cents, with Rockies points dropping a dime and losses at New England points closer to a nickel.
Halliburton Co. is teaming up with Nuverra Environmental Solutions Inc. in the Bakken Shale to advance a produced water recycling project for unconventional oil and natural gas drillers.
Delaware River Basin Commission (DRBC) Chairman Michele Sierkerka said the organization is working to advance natural gas regulations in the basin, with “thousands of hours” logged so far by its staff and those of its member states on the process since November 2011.