WhiteHawk Energy, the US company with royalty and field assets covering 475,000 gross acres in the Marcellus Shale, has agreed to acquire natural gas assets primarily located in the Haynesville Shale from where more feed gas will flow to US Gulf Coast LNG plants.
US Government forecasts in its latest short-term outlook that the LNG export market in 2023 will stay “relatively flat” before expanding in 2024 and expects a decline in domestic natural gas consumption.