TotalEnergies to Acquire 45% Stake in Eagle Ford Basin Assets
FFord Motor(F) ZACKS·2024-09-30 20:55

TotalEnergies SE (TTE) announced that it has signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas-producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas.TTE Strengthens Natural Gas Production in the U.S.TTE’s acquired assets in Southwest Texas have the potential to reach a sustainable gross production of around 400 thousand cubic feet per day (Mcf/d) by 2028. This is the second acquisition of non-operating shale gas assets in 2024, following th ...