Post Tagged with: "Appalachia"

EIA Drilling Productivity Report – April 2020

EIA Drilling Productivity Report – April 2020

EIA’s Drilling Productivity Report (DPR) for April has now been released. The DPR takes a fresh look at oil and natural gas production, starting with an assessment of how and where drilling for hydrocarbons is taking place. It uses recent

Seeking Shale Play Minerals & Royalties

Seeking Shale Play Minerals & Royalties

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. EnerCom Inc. is not a brokerage firm and does not endorse or

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

From Reuters


U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration forecast in its monthly drilling productivity report …

Enbridge to Keep Kentucky Gas Pipe Shut for at Least a Week After Blast

Enbridge to Keep Kentucky Gas Pipe Shut for at Least a Week After Blast

From Reuters


Canadian energy company Enbridge Inc said the section of its Texas Eastern pipeline in Kentucky that exploded on Thursday, killing one person, will remain shut through at least Aug. 12.

Enbridge said in a notice to customers Monday …

Photo by Mike Goldwater"

UGI Subsidiary Closes on Columbia Midstream Deal

By Tyler Losier, Energy Reporter, Oil & Gas 360

UGI Energy Services completes acquisition of TC Energy subsidiary Columbia Midstream
UGI Energy Services LLC, a subsidiary of UGI Corporation (stock ticker: UGI), has completed its previously announced acquisition of the

Source: PRNewsfoto/Contura Energy

Contura Energy Appoints New CEO and Board Member

By Tyler Losier, Energy Reporter, Oil & Gas 360

Contura Energy selects David J. Stetson as its new CEO and as a member of its board of directors
Contura Energy (stock ticker: CTRA), a Tennessee-based coal supplier, has unanimously elected

Pennsylvania NatGas Production Second Only to Texas

Pennsylvania NatGas Production Second Only to Texas

Pennsylvania natural gas production has been on an upward curve since 2009.

According to the EIA, Pennsylvania averaged a record 15 Bcf/d in 2017. Producers have the Appalachian Basin to thank – Pennsylvania accounted for 19% of total U.S. marketed …

Diversified Gas & Oil Closes $85 Million CNX Asset Buy in Appalachia

Diversified Gas & Oil Closes $85 Million CNX Asset Buy in Appalachia

Diversified Gas & Oil PLC (ticker: DGOC) closed an $85 million cash purchase of certain oil and gas leaseholds, wells, working interests, licenses, related equipment and other assets from CNX Gas Company LLC on March 29, 2018. The effective date …

April 6, 2018 - 5:23 pm Closing Bell Story‎, Oil and Gas 360 Articles
Halliburton Nisku, Alberta Canada
Victor Gribansiciy
November 2006

American Energy Imports Lowest Since 1982

U.S. continues to import less while exporting more

Total net energy imports to the United States fell to 7.3 quadrillion BTUs (quads) in 2017, a 35% decrease from 2016 and the lowest level since 1982, when both gross imports and …

Range Resources Earns $333 Million in 2017, Plans $941 Million CapEx

Range Resources Earns $333 Million in 2017, Plans $941 Million CapEx

Range Resources Corporation (ticker: RRC) produced 1,444 MMcf/d of natural gas, 106,038 Bbls/d of NGLs and 15,007 BPD of crude oil and condensate in Q4 2017. Also in Q4 2017, the company had a net income of $221.185 million, or …

Range Resources Releases 2018 CapEx, Proved Reserves Update

Range Resources Releases 2018 CapEx, Proved Reserves Update

Approximately 80% of 2018 capital is projected to be spent in the Marcellus, generating greater than 25% growth

Range Resources Corporation (ticker: RRC) announced a 2018 capital budget of $941 million, which is below anticipated 2018 cash flow at current …

Southwestern Energy: Shifting to Appalachia

Southwestern Energy: Shifting to Appalachia

Holding the title of the United States’ third largest natural gas producer, and with activities in the Northeast Appalachia, Southeast Appalachia, and the Fayetteville Shale, Southwestern Energy (ticker: SWN) is primarily focused on building and maintaining its natural gas production.…

Cost Structure in the Marcellus

Cost Structure in the Marcellus

The Growth of the Marcellus

The growth of drilling, acquisition, and production in the Marcellus has been fast and furious since gaining the notoriety as one of the planet’s premier natural gas plays. Companies with natural gas exploration experience …

Largest Natural Gas Draw of the Season Can’t Outpace Builds

Largest Natural Gas Draw of the Season Can’t Outpace Builds

Natural gas draw of 178 Bcf for the week ended January 15

The Energy Information Administration (EIA) released its natural gas data for the week ended January 15, showing a draw of 178 Bcf, bringing gas-in-storage levels to 3,297 Bcf. …

January 22, 2016 - 5:59 pm Closing Bell Story‎, Oil and Gas 360 Articles
Energy Market Upside: Range Resources Exploiting America’s Largest Shale Gas Play

Energy Market Upside: Range Resources Exploiting America’s Largest Shale Gas Play

Increasing takeaway capacity, reduced debt, creating profit from byproducts, 20% growth rate

As the oil and gas industry dives into 2016, energy executives and investors alike are hoping the new year can distance itself from the bull market of 2015. …

Antero Resources: Utica Success Pushes YoY Growth Forecast to 25%-30% for 2016

Antero Resources: Utica Success Pushes YoY Growth Forecast to 25%-30% for 2016

Utica Accounts for 25 of Antero’s 31 Drilled Wells in Q3’15; Up to 50 Deferred Completions Figure in 2016 Guidance

Management of Antero Resources (ticker: AR) believes the company can achieve year-over-year growth of 25% to 30% in 2016, based …

Gastar Exploration’s Second Utica Well Returns 36.8 MMcf/d

Gastar Exploration’s Second Utica Well Returns 36.8 MMcf/d

High Rates Continue from the Dry Gas Window

On June 30, 2015, Gastar Exploration (ticker: GST) reported its Blake U-7H well located in the dry gas Utica Shale region of Marshall County, West Virginia, produced at a peak 48-hour gross …

Source: WPX

Utica Shale Review: The Evolution of a World Class Shale Play

“Unlocking the key” to unconventional plays is a popular moniker in today’s oil and gas market. Among the trickiest of plays to master is the Utica Shale, located across Maryland, New York, Ohio, Pennsylvania, Virginia and West Virginia.

The Utica …

Range Resources Announces 2015 CapEx and Record Well in the Utica

Range Resources Announces 2015 CapEx and Record Well in the Utica

Utica/Point Pleasant well sets Appalachia record

Range Resources (ticker: RRC) announced today its 2015 capital budget and initial results from its Utica/Point Pleasant well located in Washington County, Pennsylvania.

Range has set its 2015 capital budget at $1.3 billion, a …

Range Resources Sets Company Production Volume Record in Third Quarter Earnings Release

Range Resources Corporation (ticker: RRC) is a leading independent oil and natural gas producer with operations focused in Appalachia and the southwest region of the United States. The Company pursues an organic growth strategy targeting high return, low-cost projects within …

November 1, 2013 - 4:00 pm Earnings, Fracing, Midstream, Oil and Gas 360 Articles

Penn Virginia Completes $100MM Transaction to Fund Future Oil Growth

Penn Virginia Corporation (ticker: PVA) announced it entered into a Purchase and Sale Agreement to sell substantially all of its Appalachian assets, with the exception of the Marcellus Shale, to an undisclosed buyer for gross cash proceeds of $100MM. …

July 17, 2012 - 10:08 pm Oil and Gas 360 Articles