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EQT Closes $1.25B Non-Op Appalachia Divesture to Equinor

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EQT Corp. said the proceeds of the sale to Equinor were used to repay outstanding borrowings under its revolving credit facility related to its acquisition of Equitrans Midstream Corp.

Mobile Pipeline Maker Hexagon Agility Receives $11.2M Order

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Hexagon Agility says an oilfield service company is planning on converting its well-completion equipment fleet from diesel to natural gas.

Vantage Drilling Names Williams Thomson as New COO

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Thomson is currently Vantage’s chief commercial officer and CTO and has served the company since 2008.

Innovative Insulation: The Future of Thermal Management

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Silicone-based, spray-on coating simplifies application and improves protection for downstream assets and workers.

Ormat Starts Operations at New Jersey Energy Storage Facility

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Ormat Technologies Inc. said the Montague energy storage project has a capacity of 20 megawatt/20 megawatt-hours.

Coterra Notches Year-End Permian Deal for $43MM

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Coterra Energy will buy an additional 1,650 net royalty acres from Sandia Minerals LLC, the interests of which are owned by Franklin Mountain Royalty Investments, for $43 million.

PE Firm Northleaf to Divest Interests in Spanish Solar Farm

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Private equity firm Northleaf Capital Partners acquired a controlling interest in the NCP Solar Mula farm in 2018.

DT Midstream Closes $1.2B Midwest Pipeline Acquisition with ONEOK

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DT Midstream acquired three pipelines with more than 3.7 Bcf/d of capacity that span approximately 1,300 miles across seven states.

Less Flaring, More Bitcoin: Startup Catches Eye of Halliburton Labs

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360 Energy, a startup that sets up generators on pad sites and uses the electricity for cryptocurrency, has recently caught the attention of Halliburton Labs.

Seadrill Completes Sale of Jackup Rig West Prospero

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Seadrill has sold its West Prospero jackup rig for $45 million in cash in an effort to exit the jack-up rig market.

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