TotalEnergies has announced the signing of 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, USA.

Located in Southwest Texas, the acquired assets have the potential to be developed to reach a sustainable gross production of around 400 mcf/d (1.1 million m3) by 2028.

This is TotalEnergies’ second acquisition of non-operated shale gas assets in 2024, after the purchase of non-operated interest in the Dorado asset, located in the Eagle Ford basin and which was purchased from Lewis Energy Group earlier this year. TotalEnergies also operates a technical production of around 500 mcf/ in the Barnett.

Nicolas Terraz, president, exploration & production at TotalEnergies says : ‘This acquisition further strengthens our upstream gas position in the United States and contributes to our integrated LNG position with a low-cost upstream gas supply. We are delighted to partner with Lewis Energy Group, a well-renowned and highly efficient gas operator with an historical footprint in South Texas.’