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Carolyn Davis

Carolyn Davis joined the editorial staff of Intelligence Press Inc. in Houston in May, 2000. Prior to that, she covered regulatory issues for environmental and occupational safety and health publications. She also has worked as a reporter for several daily newspapers in Texas, including the Waco Tribune-Herald, the Temple Daily Telegram and the Killeen Daily Herald. She attended Texas A&M University and received a Bachelor of Arts degree in journalism from the University of Houston.

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Managing Editor, News | Houston, TX

@CarolynLDavisME

email carolyn.davis@naturalgasintel.com

Encana Strikes Deal for Eagle Ford Leasehold, Doubles Oil Output

Encana Strikes Deal for Eagle Ford Leasehold, Doubles Oil Output

Encana Corp. on Wednesday doubled its current oil production in one swift move by agreeing to pay $3.1 billion for a slice of the Eagle Ford Shale in South Texas.

May 7, 2014

Devon Scores Output Record in Permian, with Eagle Ford Coming on Strong

The makeover at Devon Energy Corp. to become an oil heavy proved its worth in the first quarter, fueled by a new midstream arm and production gains driven almost exclusively by the Permian Basin and Eagle Ford Shale.

May 7, 2014

Chesapeake Raises ’14 Outlook as Output, Profits Surge

Chesapeake Energy Corp. is more than making do with its smaller portfolio and reduced spending plans, with its first quarter natural gas and oil production increasing by 11% and revenues surging 47%.

May 7, 2014
Opal Capacity Back to 1.1 Bcf/d

Opal Capacity Back to 1.1 Bcf/d

Two weeks after the Opal, WY, natural gas processing facility and major gas hub was shuttered due to an explosion and fire, capacity has returned to previous levels of about 1.1 Bcf/d, Williams Partners LP said Tuesday.

May 6, 2014

Anadarko Raises Capex, Guidance as U.S. Onshore Output Jumps 12%

The Wattenberg field, in combination with the Eagle Ford Shale and Permian Basin, drove Anadarko Petroleum Corp. in the first quarter to record volumes of 819,000 boe/d, with domestic oil volumes 10,000 b/d above the midpoint of guidance. U.S. onshore output was 12% higher than year-ago levels.

May 6, 2014

EOG Moves Four Oily Rockies Plays to Active Drilling Mode

Onshore specialist EOG Resources Inc. has moved four horizontal plays into drilling mode from exploration in the Denver-Julesburg (DJ) and Powder River basins (PRB), joining a pot of development efforts ongoing in the Eagle Ford and Bakken shales and the Permian Basin.

May 6, 2014

Steady Onshore Revenue Funding Big Bets in U.S. Offshore

The plethora of natural gas and oil being tapped in the U.S. onshore is giving big explorers a steady stream of cash to bet on that most unpredictable — and expensive — endeavor, deepwater drilling.

May 6, 2014

Big Project Investments Drain Chevron Profits, Output

With a lot of investments still on the line and no production to show for them, Chevron Corp.’s first quarter earnings and revenue fell sharply from a year ago in the first quarter, even with better natural gas price realizations.

May 5, 2014
Dominion Sees Customer Interest for Increased NatGas Capacity

Dominion Sees Customer Interest for Increased NatGas Capacity

Dominion Resources Inc.’s natural gas storage systems in the Northeast had a record turn of about 241 Bcf in the first quarter, and customers are expressing more interest in expanding storage, executives said last week.

May 5, 2014

Industry Brief

Encana Corp. on Monday agreed to pay a $5 million fine and pleaded no contest to charges that it attempted to commit antitrust violations in connection with a 2010 oil and gas lease sale in Michigan. Chesapeake Energy Corp. indicated that it plans to continue to fight the charges. Both companies were formally charged in March by Michigan officials for allegedly collaborating in 2010 to avoid bidding against each other in a lease sale (see Daily GPI,March 6). The U.S. Department of Justice, which had been conducting a parallel investigation, has dropped its charges against both companies (see Daily GPI,May 1).

May 5, 2014