Post Tagged with: "Marcellus"

Eclipse Resources Setting More Records with Super Lateral Wells

Eclipse Resources Setting More Records with Super Lateral Wells

Centered in Eastern Ohio, Eclipse Resources (ticker: ECR) holds approximately 113,500 net acres in the Utica shale, with approximately 14,000 prospective net acres in the liquids rich Marcellus. The company entered the Utica play in 2011 and, since then, has …

Enerplus Resources Corporation: Diversity between Williston, Marcellus, Canada

Enerplus Resources Corporation: Diversity between Williston, Marcellus, Canada

Enerplus Resources Corporation (ticker: ERF) has three main operation centers in the Williston basin, the Marcellus shale, and Canadian waterflood operations.

Enerplus’ Williston basin is responsible for the lion’s share of the company’s production, with 25,100 BOEPD leaving the basin. …

Cabot Oil and Gas Adding 60 Marcellus, 30 Eagle Ford Wells in 2017

Cabot Oil and Gas Adding 60 Marcellus, 30 Eagle Ford Wells in 2017

Cabot Oil and Gas (ticker: COG) is building steadily within its core Marcellus and Eagle Ford assets, through cost reduction in drilling and completions and through the addition of wells in both areas.

In its Marcellus play, Cabot expects to …

Range Resources: Defining Terryville in 2017

Range Resources: Defining Terryville in 2017

EnerCom presenter focus: Range is presenting at EnerCom’s 22nd The Oil & Gas Conference August 13-17, 2018

When Marcellus gas giant Range Resources (ticker: RRC) announced it would acquire Memorial Resource Development in May of 2016, the deal was …

After Approving 7 Pipelines in 2017, FERC is Dead in the Water

After Approving 7 Pipelines in 2017, FERC is Dead in the Water

FERC is out of gas without a quorum

For years, Marcellus and Utica natural gas transportation bottlenecks have seen producers crying for more takeaway capacity to move produced natural gas out of Appalachia. And just when they started to get …

Cabot Oil & Gas Pushes EURs, Capex Higher

Cabot Oil & Gas Pushes EURs, Capex Higher

Cabot bumps Marcellus EURs 16%

Cabot Oil & Gas (ticker: COG) reported its fourth quarter and year-end numbers Friday, posting higher than expected production for the three months ended December 31, 2016.  The company produced 1.79 Bcfe/d, about 2% above …

EnerCom Dallas will Showcase Oil & Gas Industry Leaders Next Week

EnerCom Dallas will Showcase Oil & Gas Industry Leaders Next Week

EnerCom Dallas will feature upside opportunities in oil and gas March 1-2, 2017 – at the Tower Club Downtown Dallas

On March 1 at 7:00 a.m. CST, just one week away, the EnerCom Dallas oil and gas investment conference will …

AltaGas to Acquire WGL Holdings in C$8.4 Billion Transaction

AltaGas to Acquire WGL Holdings in C$8.4 Billion Transaction

Deal creates Montney/Marcellus/Utica Midstream Export Opportunity

AltaGas Ltd. (ticker: ALA) and WGL Holdings, Inc. (ticker: WGL) announced on Jan. 25, 2017, they have entered into a definitive agreement and plan of merger for AltaGas to acquire WGL in an all …

Rigs Continue to Increase Activity

Rigs Continue to Increase Activity

The Marcellus sees the majority of the increased drilling activity last week

The number of rigs actively drilling in the United States continued to climb ahead of Thanksgiving, according to Baker Hughes Industries (ticker: BHI). The company, which releases a …

Buying Spree: EQT Acquired 19 Acres for Every Acre It Developed in 2016

Buying Spree: EQT Acquired 19 Acres for Every Acre It Developed in 2016

Marcellus acquisitions increase IRRs from 9% to 37% at $2.50 MMBtu gas prices

EQT Corporation (ticker: EQT) released its third quarter earnings results today, reporting a loss of $0.05 per diluted share compared to a net income of $0.27 per …

Energy Prosperity Comes in Many Forms

Energy Prosperity Comes in Many Forms

Ethane’s domino effect in Pennsylvania

The shale energy revolution is famous for jump-starting natural gas production in Appalachia, with Pennsylvania and Ohio at the center of a drilling boom during the past decade from which thousands of people flourished from …

BetaZi Takes a Well-by-Well Look at Basins Across the U.S.

BetaZi Takes a Well-by-Well Look at Basins Across the U.S.

BetaZi Basin Studies offer “one million petroleum engineers forecasting on each and every well”

Last week, BetaZi announced that it will be offering studies on individual oil and gas basins in the U.S.. For every well in the covered basins, …

DTE to Put $1-$1.5 Billion of New NatGas Generation in Place of Coal

DTE to Put $1-$1.5 Billion of New NatGas Generation in Place of Coal

After announcing $1.3 billion Marcellus/Utica midstream purchase, DTE says it will replace coal with 1 Gigawatt of NatGas Capacity

Michigan’s DTE Energy (ticker: DTE) is making good on its dive into natural gas.

Last Monday the company announced a $1.3

Rice Energy Makes a $2.7 Billion Acquisition in the Dry Marcellus

Rice Energy Makes a $2.7 Billion Acquisition in the Dry Marcellus

Rice Energy expands dry gas Marcellus position by 85,000 net acres with Vantage Energy acquisition

Rice Energy (ticker: RICE) announced that it will acquire Vantage Energy for approximately $2.7 billion total consideration. The deal consists of $1.02 billion in cash, …

Trending in the Utica and Marcellus:  Superlaterals

Trending in the Utica and Marcellus: Superlaterals

A detailed look into the drilling of the industry’s longest onshore lateral – an exclusive interview with Eclipse Resources’ COO Tom Liberatore, Halliburton VP Tony Angelle, and Deep Well Services’ Matt Tourigny

As oil and natural gas producers search for …

U.S. Production by Basin

U.S. Production by Basin

Permian, Marcellus Lead U.S., while Eagle Ford Dives Hard

As cost structures are held in check and oil price fluctuations are seemingly without end, producers are evaluating acreage positions and determining what are the best assets.

As covered by Oil …

2016 EnerCom Exclusive Video: Range Resources CEO Jeff Ventura

2016 EnerCom Exclusive Video: Range Resources CEO Jeff Ventura

Jeff Ventura, chairman, president and CEO of Range Resources Corporation (ticker: RRC) talks to Oil & Gas 360®’s Angie Austin at the 2016 EnerCom conference about Range’s natural gas production, projected natural gas demand and supply, export markets for natural …

Southwestern Energy – Day Two Breakout Notes

Southwestern Energy – Day Two Breakout Notes

Southwestern Energy presented at EnerCom’s The Oil & Gas Conference®

During Southwestern’s breakout session, management was asked the following questions:

  • Given the substantial cuts to capex in the first quarter and large layoffs, how do you get started again
National Fuel Gas Company – Day Two Breakout Notes

National Fuel Gas Company – Day Two Breakout Notes

National Fuel Gas Company presents at EnerCom’s The Oil & Gas Conference®

 During National Fuel Gas Company’s breakout session, management was asked the following questions:

  • Could you please talk about California at a high level? It seems public companies avoid
EQT Corporation– Day One Breakout Notes

EQT Corporation– Day One Breakout Notes

EQT Corporation presents at EnerCom’s The Oil & Gas Conference®

During EQT’s breakout sessions, management was asked the following questions:

  • Are you seeing any degradation from longer laterals in the Marcellus, 5,000 ft, 10,000 ft, to 15,000 ft laterals?
  • Can
Range Resources – Day One Breakout Notes

Range Resources – Day One Breakout Notes

Range Resources presents at EnerCom’s The Oil & Gas Conference®

During Range Resources’ breakout session, management was asked the following questions:

  • What kind of growth do you expect with the new takeaway capacity?
  • How are you going to reinvest
Cabot Oil & Gas  – Day One Breakout Notes

Cabot Oil & Gas – Day One Breakout Notes

Cabot presents at EnerCom’s The Oil & Gas Conference®

 During Cabot’s breakout session, management was asked the following questions:

  • Where are you in terms of held by production in the Eagle Ford in the next 3-5 years and would you
EnerCom Conference Presenter Focus: Enerplus Corporation

EnerCom Conference Presenter Focus: Enerplus Corporation

Enerplus Corporation will be presenting at EnerCom’s The Oil & Gas Conference® in Denver, on Monday, August 15, 2016.

Enerplus Corporation (ticker: ERF) is a developer of high quality crude oil and natural gas assets in Canada and the United …

Statoil Says its U.S. Onshore Activity is in a Holding Pattern

Statoil Says its U.S. Onshore Activity is in a Holding Pattern

Norway’s Statoil (ticker: STO) reported its second quarter results today, and executives said on the conference call that the company has no new drilling plans for its Bakken, Eagle Ford or Marcellus properties, citing volatile oil prices and weak NGL …

EnerCom Conference Presenter Focus: PDC Energy

EnerCom Conference Presenter Focus: PDC Energy

PDC Energy (ticker: PDCE) will be presenting at The Oil and Gas Conference® 21 on Monday, August 15 at 3:30 PM EDT.

PDC is a 40-year old independent E&P company operating in the Wattenberg filed in Colorado and in …

Range Resources Gearing Up to Meet Future Demand: 200 Pads Ready to Drill

Range Resources Gearing Up to Meet Future Demand: 200 Pads Ready to Drill

Range Resources expects natural gas demand to reach 15.8 Bcf/d by 2020; focusing on Marcellus well returns

Low commodity prices continue to take their toll on E&P companies across the U.S., and Range Resources (ticker: RRC) is no exception. But …

Source: WPX

CONSOL Shifting Toward Dry Utica

CONSOL has 8 Dry Utica Wells, 2 Marcellus Wells on Tap

CONSOL Energy’s (ticker: CNX)  upcoming drill plans include adding back two horizontal rigs which are expected to resume drilling starting in August 2016, the company said in its Q2

Antero Resources Snags 55,000 Core Marcellus Acres

Antero Resources Snags 55,000 Core Marcellus Acres

Antero Resources (ticker: AR) has signed an agreement with Southwestern Energy (ticker: SWN) to acquire approximately 55,000 net acres in the core of the Marcellus shale, the company announced on June 9, 2016. Approximately 75% of the 55,000 net …

$6-Billion Thai Company Acquires 156 BCF of Marcellus Reserves from Range Resources

Kalnin Ventures Announces Closing of Marcellus Asset Acquisition for Banpu Pcl

Pays $112 Million for Range’s 29.4% stake in Chaffee Corners JEA

Repsol and Abarta Energy own the remaining interest in the exploration area

BROOMFIELD, CO–(Marketwired – May 23, …

Vantage Energy Wins Alpha Natural Resources’ NatGas Assets with $339.5 Million Cash Bid

Vantage Energy Wins Alpha Natural Resources’ NatGas Assets with $339.5 Million Cash Bid

Next Best Bid Behind Vantage was $335 Million; Bids Exceed Rice Energy’s “Stalking Horse” Offer of $200 Million

Bankrupt coal giant Alpha Natural Resources (ticker: ANRZQ) announced today that Colorado-based privately held gas producer Vantage Energy was the successful bidder …