Post Tagged with: "Utica"
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 …
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 …
Frac Sand, You Are Now Free to Move about the Marcellus/Utica via Rail and Barge
Appalachian region’s first unit train/barge transloading facility up and running
In the heart of the Marcellus and Utica shale formations is a project called Long Ridge Energy Terminal. Long Ridge is owned by Fortress Transportation and Infrastructure Investors Ltd (NYSE: …
Eclipse Resources Finds Its Marcellus Wells’ Decline Curve “Much Gentler” than Expected
Eclipse Resources Corporation (ticker: ECR) reported a net loss for Q1 2018 of $2.6 million, or $(0.01) per share. Average net daily production was 315.2 MMcfe/d, consisting of 72% natural gas and 28% liquids.
The company had realized an average …
Chesapeake “Reinvents the Utica”
Chesapeake Energy Corporation (ticker: CHK) reported net income available to common stockholders of $268 million, or $0.29 per share for Q1 of 2018. Chesapeake’s average daily production for the first quarter of 2018 was approximately 554,000 BOE, compared to approximately …
EQT Records $2.3 Billion Non-Cash Impairment Charge
EQT Corporation (ticker: EQT) reported a net loss of income attributable to EQT of $1,586 million, or $(5.99) per diluted earnings per share.
The net loss attributable to EQT for the first quarter of 2018 was impacted by an impairment …
Eclipse Resources Plans 33 Super Laterals for 2018
Eclipse Resources Corporation (ticker: ECR) had a net income for 2017 of $8.5 million, or $0.03 per share. For reference, the company had a net loss of $206.7 million, or $(0.86) per share for 2016.
The fourth quarter of 2017 …
Hi-Crush Sells 8.93 Million Tons of Frac Sand in 2017
Hi-Crush Partners LP (ticker: HCLP) reported its Q4 and full year 2017 results. Revenues for the fourth quarter of 2017 totaled $216.5 million on sales of 2,985,115 tons of frac sand. This compares to $167.6 million of revenues on sales …
Antero Resources: Longer, Faster Marcellus Laterals
Antero spent $1.28 billion on drilling and completions in 2017, producing an average of 2,253 MMcfe/d
Full-year and Q4 2017 spending
Antero Resources (ticker: AR) spent $1.282 billion on drilling and completions in 2017. The company invested $204 million for …
Utica Shale Adds Ethane Takeaway: Kinder Morgan Opens Valve on Utopia Pipeline System
Houston-based Kinder Morgan, Inc. (ticker: KMI) put its Utopia Pipeline into service, initiating delivery of ethane from Harrison County, Ohio, to Windsor, Ontario, Canada.
The 270-mile Utopia system has an initial capacity of 50,000 barrels per day (bpd) that can …
Eclipse Resources Partners with Sequel Energy in SE Ohio
Eclipse Resources Corporation (ticker: ECR) announced today that it has, through certain subsidiaries, entered into definitive agreements with Sequel Energy Group LLC (an affiliate of GSO Capital Partners LP) on December 22, 2017 to establish the previously announced drilling joint …
Energy Transfer Partners Sells $1.5 Billion Stake in Rover Pipeline Project to Blackstone
Two subsidiaries of Energy Transfer Partners (ticker: ETP), Energy Transfer Interstate Holdings, LLC and ET Rover Pipeline LLC, announced July 31 that they would be selling a 49.9% interest in HoldCo, which owns a 65% interest in the Rover Pipeline—amounting …
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 …
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 …
Utica Wells Producing 4.2x More than in January 2014, Beating Permian Efficiencies
Despite relatively low rig activity, the Utica shows the strongest gains in production efficiency since January 2014
Baker Hughes Industries (ticker: BHI) released its weekly update on the number of rigs operating in the United States Friday, showing ten more …
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 …
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 …
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
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 …
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
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 …
