Jamison Cocklin joined the staff of NGI in November 2013 to cover the Appalachian Basin. He was appointed Senior Editor-LNG in October 2019 to oversee NGI's LNG Insight. Prior to joining NGI, he worked as a business and energy reporter at the Youngstown Vindicator, covering the regional economy and the Utica Shale play. He also served as a city reporter at the Bangor Daily News and did freelance work for the Associated Press. He has a bachelor's degree in journalism and political science from the University of Maine.
Archive / AuthorSubscribe
Articles from Jamison Cocklin
PDC Energy Inc. increased its capital expenditure budget (capex) for 2014 to $647 million as it prepares to target core acreage in Colorado’s Wattenberg field and Ohio’s Utica Shale in an effort to boost its liquids mix to 60%.
Standard & Poor’s Ratings Services last year deemed the Marcellus Shale as the lowest-cost play in the country with the highest rate of return, indicating that production there was a drop in the bucket compared to what truly was underground (see Shale Daily, Oct. 18, 2012).
Magnum Hunter Resources Corp. will continue to push ahead in 2014 with plans to focus more sharply on its core assets in the Marcellus and Utica shale regions of West Virginia and Ohio, with plans to spend more than half of its capital budget in Appalachia next year.
Although brutally cold weather across much of the country is driving up natural gas delivery costs for utility companies, particularly those in the Northeast, increased production in the Marcellus and Utica shale formations has continued to push down the price customers are paying for the commodity this year as more utilities utilize local gas produced in the Appalachian Basin.
Two independent producers unveiled their capital expenditure budgets this week and gave an early update on production guidance for 2014 in basins stretching from Texas to the Rocky Mountains.
It appears as though Rice Energy Inc. will become the next pure-play Appalachian operator to go public after the company confirmed months of rumors this week that it plans to make an offering sometime in the next month and begin trading shares during the first quarter.
Cabot Oil and Gas Corp. (COG) impressed the marketplace on Monday with some astonishing results from a 10-well pad in the Marcellus Shale, delivering on a promise to up its game there with longer laterals, more frack stages and more efficient well pads.
The U.S. Energy Information Administration (EIA) said Monday that the Marcellus Shale region is expected to provide 18% of the country’s natural gas production in December as more takeaway capacity has come online and operators continue to maximize drilling efficiencies in Pennsylvania and West Virginia.
A group of Republicans in the Ohio House of Representatives have once again thrust the state’s oil and gas severance tax onto center stage by proposing a modest increase in the rate operators currently pay for production in the Utica Shale.