Post Tagged with: "Marcellus Shale"

Magnum Hunter Resources Achieves Record Well in the Utica: 46.5 MMcf

Magnum Hunter Resources Achieves Record Well in the Utica: 46.5 MMcf

Takeaway Record for Eureka Hunter Follows

Magnum Hunter Resources (ticker: MHR) is betting big in the Marcellus/Utica, and a company announcement on September 24, 2014, supports its assessment. The Stewart Winland 1300U well in Tyler County, West Virginia, returned an …

September 29, 2014 - 5:21 pm Midstream, Oil and Gas 360 Articles

Shell Divests Pinedale and Haynesville, Adds 155,000 Net Acres in the Marcellus and Utica

Royal Dutch Shell (ticker: RDS.A) is shifting around its U.S. onshore assets.

Yesterday, the company announced it will acquire 155,000 net acres in the Pennsylvania Marcellus and Utica from Ultra Petroleum (ticker: UPL). Ultra agreed to pay Shell $925 million …

Marcellus Gas Output Tops 15 Bcf/Day in July

Marcellus Gas Output Tops 15 Bcf/Day in July

Experts were predicting half way through 2013 that what was unthinkable just a year before might actually happen in 2013: the Marcellus gas production might reach 10 Bcf/day.

The shale deposit that now accounts for almost 40% of U.S. shale …

A Tale of Two Shale States: When Will New York Drill the Marcellus?

A Tale of Two Shale States: When Will New York Drill the Marcellus?

Almost half of the state of New York is underlain by the Marcellus shale, the nation’s most prolific natural gas deposit. But thanks to a long running delay in permitting—to study hydraulic fracturing—ever since 2008, the State of New York …

July 30, 2014 - 5:56 pm Fracing, Oil and Gas 360 Articles
Marcellus/Utica Growth Continues for Rice Energy; Adds 22,000 Net Acres from Chesapeake

Marcellus/Utica Growth Continues for Rice Energy; Adds 22,000 Net Acres from Chesapeake

Rice Energy (ticker: RICE) is an independent natural gas and oil company engaged in the acquisition, exploration and development of hydrocarbons in the Appalachian Basin. The company filed its initial public offering in January 2014. Approximately 33% of the company’s …

Marcellus and Utica Outpacing Regional Infrastructure as Production Estimates Continue to Rise

Marcellus and Utica Outpacing Regional Infrastructure as Production Estimates Continue to Rise

Acute need:  6 new pipeline projects under construction + 19 awaiting approval could add 3.5 Bcf/d capacity in 2015

The United States natural gas boom, spearheaded by the expanded development of the Marcellus Shale, has boosted the country to become …

June 27, 2014 - 5:13 pm Midstream, Oil and Gas 360 Articles
Range Resources Completes Acreage Swap with EQT Corp., Assumes Full Working Interest of Nora Field in Virginia

Range Resources Completes Acreage Swap with EQT Corp., Assumes Full Working Interest of Nora Field in Virginia

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 has line-of-sight growth of 20% to 25% and was producing more …

Cabot Oil & Gas Boosts Production by 34% Year-over-Year, Company Sets New Production Record in April

Cabot Oil & Gas Boosts Production by 34% Year-over-Year, Company Sets New Production Record in April

Cabot Oil & Gas Corporation (ticker: COG), headquartered in Houston, Texas, is a leading independent natural gas producer, with its entire resource base located in the continental United States. The company’s predominate growth asset is the Marcellus Shale in Pennsylvania …

May 5, 2014 - 2:40 pm Finance, Midstream, Oil and Gas 360 Articles
Range Resources Improving Efficiency; Q1'14 Production Greater than 1 Bcfe/d; Company Believes in Visible Growth of 20% to 25%

Range Resources Improving Efficiency; Q1'14 Production Greater than 1 Bcfe/d; Company Believes in Visible Growth of 20% to 25%

“(The Marcellus) gives us the confidence to say we think we can grow at 20% to 25% for many years with improving capital efficiencies as we go forward into a better gas pricing environment,” said Jeff Ventura, Chief Executive Officer …

April 30, 2014 - 4:59 pm Earnings, Finance, Fracing, Midstream, Oil and Gas 360 Articles
Range Resources Reveals Marketing Arrangements; Forecasting 16% Drop in Transportation Costs by 2016

Range Resources Reveals Marketing Arrangements; Forecasting 16% Drop in Transportation Costs by 2016

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 …

April 11, 2014 - 3:30 pm Midstream, Oil and Gas 360 Articles
Magnum Hunter Resources Reports Revenue Increase of 64%, Projects 2014 Production to Climb 136%

Magnum Hunter Resources Reports Revenue Increase of 64%, Projects 2014 Production to Climb 136%

Magnum Hunter Resources (ticker: MHR) is an oil and natural gas exploration and production company active in three shale resource plays in North America: the Marcellus Shale, Utica Shale and the Williston Basin/Bakken Shale. The company’s growth platform is supported …

March 21, 2014 - 3:05 pm Canada, Fracing, Midstream, Oil and Gas 360 Articles
Range Resources Continues to Set New Company Production Records; 20% to 25% Line-of-Sight Production Growth Remains Intact

Range Resources Continues to Set New Company Production Records; 20% to 25% Line-of-Sight Production Growth Remains Intact

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 …

March 3, 2014 - 6:09 pm Finance, Fracing, Midstream, Oil and Gas 360 Articles
2013 in Review: Horizontal Drilling & Increased Efficiency Paces Historic Year for the United States

2013 in Review: Horizontal Drilling & Increased Efficiency Paces Historic Year for the United States

2013 is winding to a close, and the United States oil and gas industry will cement the year as one of the most productive in history. In October, the Energy Information Association predicted the U.S. will surpass Russia as the …

Range Resources Surpasses Net Production of 1 Bcfe/d, Marcellus Wells Continue to Beat Type Curve

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 …

December 27, 2013 - 2:10 pm Fracing, Midstream, Oil and Gas 360 Articles

Magnum Hunter Resources Updates Appalachia Production, Midstream Business Progressing

Magnum Hunter Resources (ticker: MHR) is an oil and natural gas exploration and production company active in three shale resource plays in North America: the Marcellus Shale, Utica Shale and the Williston Basin/Bakken Shale. The company’s growth platform is supported …

December 23, 2013 - 4:15 pm Mergers & Acquisitions, Midstream, Oil and Gas 360 Articles

Cabot Oil & Gas to Sell LNG to Japan; Marcellus Production hits 1.5 Bcf/d

Cabot Oil & Gas Corporation (ticker: COG), headquartered in Houston, Texas, is a leading independent natural gas producer, with its entire resource base located in the continental United States. The company’s predominate growth asset is the Marcellus Shale in Pennsylvania …

December 19, 2013 - 3:59 pm Midstream, Oil and Gas 360 Articles

Magnum Hunter Allocating Lion’s Share of 2014 Spending to Utica/Marcellus

Magnum Hunter Resources (ticker: MHR) is an oil and natural gas exploration and production company active in three shale resource plays in North America: the Marcellus Shale, Utica Shale and the Williston Basin/Bakken Shale. The company’s growth platform is supported …

December 12, 2013 - 5:02 pm Fracing, Midstream, Offshore, Oil and Gas 360 Articles
Cabot’s First 10-Well Pad in the Marcellus Exceeds Type Curve; Non-Core Sales Reaches $325 Million

Cabot’s First 10-Well Pad in the Marcellus Exceeds Type Curve; Non-Core Sales Reaches $325 Million

Cabot Oil & Gas Corporation (ticker: COG), headquartered in Houston, Texas, is a leading independent natural gas producer, with its entire resource base located in the continental United States. The company’s predominate growth asset is the Marcellus Shale in Pennsylvania …

December 9, 2013 - 2:02 pm Fracing, Oil and Gas 360 Articles

Cabot Oil & Gas Reports Q3’13 Results; Big Wells are Getting Bigger

Cabot Oil & Gas Corporation (ticker: COG), headquartered in Houston, Texas, is a leading independent natural gas producer, with its entire resource base located in the continental United States. The company’s predominate growth asset is the Marcellus Shale in Pennsylvania …

October 29, 2013 - 1:31 pm Oil and Gas 360 Articles

Trans Energy Focusing on Core Marcellus Acreage; Divests Tyler County, W. Va. Assets

Trans Energy, Inc. (OTCQB: TENG) is a pure play Marcellus Shale exploration and development company operating in the wet-gas window of West Virginia.

On October 2, 2013, TENG announced the divestiture of 1,163 net acres, two pad sites and one …

October 2, 2013 - 4:21 pm Oil and Gas 360 Articles
Magnum Hunter Resources Commences Drilling Utica and Marcellus Wells in Ohio

Magnum Hunter Resources Commences Drilling Utica and Marcellus Wells in Ohio

Magnum Hunter Resources (ticker: MHR) is an oil and natural gas exploration and production company active in three shale resource plays in North America: the Marcellus Shale, Utica Shale and the Williston Basin/Bakken Shale. The company’s growth platform is supported …

July 2, 2013 - 3:51 pm Oil and Gas 360 Articles