The EIA released its August Natural Gas Monthly report, including production data through June as follows: Preliminary dry gas production for June 2014 of 2,106 billion cubic feet (Bcf) or 70.2 Bcf/day. This is the fourth consecutive month where the Bcf/day dry production value set the record for the highest ever for any month. June’s 70.2 Bcf/day is a slight
In November, voters in the city of Lafayette, Colorado approved Ballot Measure 300, which banned all “oil and gas extraction and related activities” within the Lafayette city limits. Lafayette is at the western edge of the Wattenberg field in the Denver Julesburg Basin, where horizontal drilling into the Niobrara has taken off in the past three years. On Aug. 27,
Approximately 2/3 of Bakken crude moves by rail The amount of crude oil and refined petroleum products moved by U.S. railroads increased 9% during the first seven months of this year compared with the same period in 2013, the EIA said in a report today. “In July, monthly average carloadings of oil and petroleum products were near 16,000 carloads per
The industry will celebrate the 10th Anniversary of the first Marcellus well that was drilled by Range Resources back in October 2004. Jeff Ventura appeared on CNBC’s Mad Money with Jim Cramer to discuss near-term production growth objectives in the Marcellus. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as
Denbury Resources President and CEO Phil Rykhoek appeared on CNBC’s Mad Money from EnerCom’s The Oil & Gas Conference in Denver to discuss the company’s growth and income strategy. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information
Energy XXI Chairman and CEO John Schiller spoke with CNBC’s Mad Money about the recent EPL acquisition and the synergies created from the acquisition. Mr. Schiller details how the company plans to increase cash flow, reduce debt and grow production. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to
Atlas Energy CEO Ed Cohen appeared on CNBC’s Squawk Box from EnerCom’s The Oil & Gas Conference in Denver, Colorado, to discuss the current natural gas landscape and how “too much of a good thing” has supposed prices. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or
Energy Companies Discussed their Colorado Operations at EnerCom’s The Oil & Gas Conference 19® Weld County, Colorado, is home to the Wattenberg Field, where horizontal drilling and hydraulic fracturing and complex well completion techniques are creating Colorado’s shale boom. Operators are going after oil and gas trapped in layers of shale about 7,000 feet beneath Weld County’s rich farmland and
Sanchez Energy (ticker: SN) is an Eagle Ford-focused E&P that has built a sizeable footprint through acquisitions following its IPO in December 2011. Since going public, Sanchez has spent more than $1.1 billion to add approximately 163,400 acres in what has become one the second greatest play in the United States based on oil production volume. The EIA expects Eagle
https://www.oilandgas360.com/wp-content/uploads/2015/04/WPX_CNBC_TOGCDenver.mp4 Rick Muncrief, President & CEO of WPX Energy, discusses the oil boom with Jim Cramer of CNBC’s Mad Money. … Username or E-mail Password Remember Me Forgot Password
https://www.oilandgas360.com/wp-content/uploads/2015/04/RRC_CNBC_TOGCDenver.mp4 Range Resources President & CEO, Jeff Ventura, talks with Mad Money’s host Jim Cramer from The Oil & Gas Conference® 19 in Denver. …
OAG360 covered the dropping Permian oil prices in a feature article yesterday, as Midland oil spot prices are trading at a $10 discount to West Texas Intermediate. As it turns out, there’s also a bottleneck in two other prominent shales. In the Bakken and Eagle Ford, operators elect to burn its gas rather than stockpile. The exponential increase in drilling
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