TotalEnergies Boosts U.S. Natural Gas Business With Eagle Ford Assets

TotalEnergies on Friday announced a deal to buy a 45% stake in dry gas-producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas, growing its gas production business and boosting its LNG portfolio. The assets that TotalEnergies is buying are located in Southwest Texas and have the potential to be developed to reach a sustainable gross production of around 400 Mcf/d by 2028. TotalEnergies, which is the leading exporter of U.S. LNG, is further increasing the integration across its gas value chain in the United States,…