Tellurian Closes $260mn Asset Sale, Retires Senior Secured Debt

(Tellurian, 1.Jul.2024) — Tellurian Inc. closed the previously reported sale of its integrated upstream assets for $260mn to affiliates of Aethon Energy Management LLC, fulfilling a key objective outlined in May and substantially strengthening its balance sheet as it advances the Driftwood liquefied natural gas (LNG) project. The company utilized […]

Aethon Completes Purchase of Tellurian Upstream, Midstream Assets

(Aethon, 1.Jul.2024) — Aethon Energy Management LLC successfully closed on the acquisition of Tellurian’s integrated upstream assets. Aethon’s footprint across its Fund II and Fund III assets in the Haynesville Shale now includes approximately 375,000 net acres with gathering and treating capacity of over 3 Bcf/d. Concurrent with the acquisition, […]

BJ Services’ Milestone With Fracturing Technology

(BJ Services, 4.Jun.2020) — At the end of April 2020, BJ Services completed a 1,000-hour field trial of its next-generation direct-drive turbine fracturing pump, TITAN™. This rigorous trial, in actual field conditions, allowed BJ to validate the performance of the TITAN™ pump alongside conventional equipment in one of the most […]