Post Tagged with: "Utica"

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 …

Shale Record: Is Eclipse Resources’ 124-Stage Purple Hayes Well the Longest Onshore Lateral Ever Drilled?

Shale Record: Is Eclipse Resources’ 124-Stage Purple Hayes Well the Longest Onshore Lateral Ever Drilled?

Purple Hayes: Eclipse Resources Drills Well with an 18,544 Lateral in the Utica; Nine Energy Service Completes a 124-Stage Plug and Perf Frac on the Well

In the Eclipse Resources (ticker: ECR) Q1 earnings call on May 5, Ben Hulburt, …

EQT Snaps Up $407 Million of Statoil’s Marcellus Core Acreage

EQT Snaps Up $407 Million of Statoil’s Marcellus Core Acreage

Acquisition adds 500 undeveloped locations expected to have average laterals of 5,600 feet; Opens deep Utica opportunity; Resource Potential of the new acreage is estimated at 9.2 Tcf of Natural Gas

EQT Corporation (ticker: EQT) announced it will acquire …

Source: WPX

Natural Gas: Growing Infrastructure Shrinks Marcellus-Henry Hub Price Gap

The spread between natural gas prices at Henry Hub and in the North East are narrowing as infrastructure increases, according to information from the Energy Information Administration. Henry Hub in Louisiana acts as the main trading point for natural …

January 27, 2016 - 6:20 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Rice Energy, Gulfport Energy Team up For Utica Shale Joint Venture

Rice Energy, Gulfport Energy Team up For Utica Shale Joint Venture

GPOR Dedicates Acreage in Exchange for Infrastructure Buildout

Gulfport Energy (ticker: GPOR) is taking the next step in its recently acquired acreage, reaching a joint venture agreement with a wholly owned subsidiary of Rice Energy (ticker: RICE). The companies expect …

October 8, 2015 - 5:49 pm Energy News, Midstream, Oil and Gas 360 Articles
Near-Term Gas Decline Expected in All Major Shale Regions

Near-Term Gas Decline Expected in All Major Shale Regions

The EIA anticipates declines in natural gas production for the first time

Natural gas

The Energy Information Administration (EIA) expects to see near-term declines in the amount of natural gas produced in the seven major shale regions for the first time in …

Fifth Creek Energy Prepares to Hit the Accelerator with NGP Funding

Fifth Creek Energy Prepares to Hit the Accelerator with NGP Funding

Private E&P is Evaluating $500 Million to $1.5 Billion Opportunities in the D-J, Permian and Utica

Exclusive Interview with Oil & Gas 360

Fifth Creek Energy is a private E&P company, formed by Michael Starzer and Patrick Graham, the founders …

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 …

Gary Evans, MHR CEO on CNBC's Mad Money

Gary Evans, Chairman and CEO of Magnum Hunter Resources (MHR) appeared on CNBC’s Mad Money to discuss the company’s upcoming Utica Shale results, expected asset sales, and growth initiatives for 2014.

 

Important disclosures: The information provided herein is believed …

April 10, 2014 - 3:35 pm Oil and Gas 360 Articles

Magnum Hunter CEO on CNBC's Mad Money

Following its Houston Investor Day, Chairman and CEO Gary Evans appeared on CNBC’s Mad Money to discuss the company’s Bakken, Marcellus and Utica operations, as well as the company’s bullish outlook on natural gas.

November 7, 2013 - 3:33 pm Oil and Gas 360 Articles

McClendon’s American Energy Enters Utica Shale with $1.7 Billion in Financing

American Energy Partners, LP was founded by Aubrey K. McClendon in April 2013. The Oklahoma City-based company aims to capitalize on opportunities available in unconventional resource plays onshore in the United States. McClendon co-founded Chesapeake Energy (ticker: CHK) in …

Antero Resources: New IPO to Energize Utica and Marcellus Operations

Antero Resources (pending ticker: AR) is an independent oil and gas company based in Denver engaged in the exploitation, development, and acquisition of natural gas, NGLs and oil properties located in the Appalachia Basin. AR holds over 325,000 …

October 1, 2013 - 12:34 pm Oil and Gas 360 Articles

Carrizo Sells Barnett Shale Position for $268MM, Turns Focus to Oil Production Plays

Carrizo Oil & Gas, Inc. (ticker: CRZO) is a Houston-based energy company actively engaged in the exploration, development, and production of oil and gas from resource plays located in the United States. Its current operations are principally focused in proven, …

September 4, 2013 - 6:41 pm Oil and Gas 360 Articles

PDC Energy Posts Second Quarter Results; Utica and Wattenberg Still Driving the Valuation; One Quarter Don’t Make a Season

PDC Energy (ticker: PDCE) is an independent natural gas and oil company that operates in Colorado within the liquid-rich Wattenberg Field and the Appalachian Basin including the emerging liquid-rich Utica Shale play in Ohio and the Marcellus Shale in West …

August 6, 2013 - 2:59 pm Oil and Gas 360 Articles

Magnum Hunter Resources: Filings Filed; Onward to Growth

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 10, 2013 - 5:51 pm Midstream, Oil and Gas 360 Articles

Halcon Resources CEO Floyd Wilson on CNBC's Mad Money

Halcon Resources CEO Floyd Wilson appeared on CNBC’s Mad Money to discuss the company’s new East Texas Eagle Ford shale play, the Utica Shale and its Bakken properties.

 

April 17, 2013 - 9:27 am Oil and Gas 360 Articles

PDC Energy Inc: A Busy 2012 Complemented by Utica Results Early in 2013

PDC Energy Inc (ticker: PDCE) is engaged in the exploration, development and production of crude oil, NGLs and natural gas. The company’s operations are focused primarily in the Wattenberg Field of Colorado, including the horizontal Niobrara and Codell plays, the …

February 27, 2013 - 8:47 pm Oil and Gas 360 Articles

Magnum Hunter CEO on Mad Money

Chairman and Chief Executive Officer Gary Evans appeared on CNBC’s Mad Money with Jim Cramer to talk about the company’s operations in the Eagle Ford, Utica, Marcellus and the Bakken – and where Gary believes MHR is headed in the …

February 22, 2013 - 3:59 pm Oil and Gas 360 Articles
Magnum Hunter Resources Corp. Exploring its Utica Potential

Magnum Hunter Resources Corp. Exploring its Utica Potential

Even though Magnum Hunter Resources Corp (ticker: MHR) was an early entrant into the Utica Shale (2010), the company elected to wait and watch the play’s development during 2011 and 2012. Most companies don’t have the luxury in an emerging …

January 23, 2013 - 9:12 pm Oil and Gas 360 Articles
Magnum Hunter Resources Corp Making Moves to Strengthen its Liquidity Position for Future Growth

Magnum Hunter Resources Corp Making Moves to Strengthen its Liquidity Position for Future Growth

Magnum Hunter Resources Corp (ticker: MHR) is an oil and natural gas exploration and production company active in five unconventional shale resource plays in North America: the Marcellus Shale, Utica Shale, Eagle Ford Shale, Pearsall Shale and Williston Basin/Bakken Shale. …

November 14, 2012 - 6:47 pm Oil and Gas 360 Articles
Magnum Hunter Resources Corp Adding to Its Rich Asset Base; Reaffirms 2012 Production Exit Rate

Magnum Hunter Resources Corp Adding to Its Rich Asset Base; Reaffirms 2012 Production Exit Rate

Magnum Hunter Resources Corp (ticker: MHR) announced it will acquire Viking International Resources, a private company with approximately 51,500 net acres primarily in the Marcellus and Utica plays, for $106.7 million.  The deal will be funded with $37.3 million …

October 26, 2012 - 5:07 pm Midstream, Oil and Gas 360 Articles

Growth is a Strategy: Magnum Hunter Resources Reports Mid-Year Reserves

In only six months, Magnum Hunter Resources (ticker: MHR) increased its estimated total proved reserves by 51%, or 22.8 MMBOE. The company now estimates owning 67.7 MMBOE of proved reserves, 64% oil.

What caused the increase? A combination of …

July 16, 2012 - 7:12 pm Oil and Gas 360 Articles
Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources (MHR) is engaged in the exploration for and the exploitation, acquisition, development and production of crude oil, natural gas and natural gas liquids, in three unconventional shale resource plays in North America: the Marcellus Shale, Utica Shale, …

April 10, 2012 - 7:21 pm Analytics, Midstream, Oil and Gas 360 Articles
Another Major Targets the Utica Shale; BP Agrees to Lease 84,000 acres in Ohio

Another Major Targets the Utica Shale; BP Agrees to Lease 84,000 acres in Ohio

BP (NYSE: BP) announced an agreement to lease approximately 84,000 acres in northeast Ohio targeting the Utica/Point Pleasant shale formation from the Associated Landowners of the Ohio Valley (ALOV). The ALOV is a local Ohio group representing area mineral owners.…

March 27, 2012 - 3:47 pm Oil and Gas 360 Articles

Magnum Hunter Reports Q4'11 and Year-End Results; Company Expects to Exit 2012 in Excess of 16,000 BOEPD

Magnum Hunter Resources (NYSE: MHR) announced operational and financial results for Q4’11 and fiscal year end 2011.

MHR reported a Q4’11 net loss of $60.9 million or a loss of $0.46 per share, compared to a net loss of $1.9 …

February 29, 2012 - 10:09 pm Midstream, Oil and Gas 360 Articles

PDC Energy Reports Q4'11 and Year-end 2011 Results; Permian Asset Sale Closed; 2011 Production Surpasses Expectations

PDC Energy (NASDAQ: PETD) announced Q4’11 and year-end 2011 operational and financial results.

The company reported a Q4’11 net loss of $8 million, or a loss of $0.35 per share, compared to a net loss of $18 million, or a …

February 29, 2012 - 3:51 pm Oil and Gas 360 Articles

PDC Energy Presents at EnerCom's The Oil & Services Conference™ 10

Lance Lauck, Senior Vice President, Business Development of PDC Energy (NASDAQ: PETD) presented today at EnerCom’s The Oil & Services Conference™ 10. PDC is an independent natural gas and oil company 40 years in the making. Historically strong and stable, …

February 23, 2012 - 3:56 pm Oil and Gas 360 Articles, Oilfield Services