Marubeni (TYO:8002) acquired EagleRidge Energy II, securing a production footprint in the Barnett Shale near Dallas, one of the largest metropolitan areas in the U.S, at an undisclosed value, according to a company statement on Wednesday.
The strategic location offers access to regional demand within Texas and LNG export terminals along the Gulf of Mexico, where rising energy consumption from AI-driven data centers is expected to boost natural gas demand.
The acquisition delivers a production capacity of approximately 170 MMcfe per day, equivalent to 1.3 million tons of LNG annually or the capacity of about 19 LNG carriers.