Expand Energy Reveals 2025 Capex Plan, Comments on Chesapeake

(Expand Energy, 31.Oct.2024) — Expand Energy Corporation reported third-quarter 2024 financial and operating results. In addition, the company provided its preliminary 2025 capital and operating plan and announced details regarding its enhanced capital return framework. On 1 Oct. 2024, Expand Energy announced the completion of the previously disclosed merger between […]

Equinor to Pay $1.25bn for EQT Interest in Northern Marcellus

(Energy Analytics Institute, 29.Oct.2024) — Equinor inked an agreement with EQT Corporation to acquire additional non-operated interest in the Northern Marcellus formation in the US. Equinor will pay $1.25bn to EQT in the transaction. Per the agreement, Equinor is acquiring 100% of EQT’s remaining working interest in Northern Marcellus gas […]

Expand to Running 12 Rigs, to Drop 2 in 1Q:25 (PDF Downloads)

(Energy Analytics Institute, 29.Oct.2024) — Expand Energy Corporation is currently running 12 rigs (8 in Haynesville, 2 in Northeast Appalachia, and 2 in Southwest Appalachia) as well as 6 completion crews (3 in Haynesville, 2 in Northeast Appalachia, and 1 in Southwest Appalachia). And, under current market conditions, Expand expects […]