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Court Approves Halcon’s Bankruptcy Plan

Houston-based independent Halcon Resources Corp. announced Wednesday that the U.S. Bankruptcy Court for the Southern District of Texas confirmed its Chapter 11 reorganization plan.

September 27, 2019

Rolling Rock Inks Farm-Out Deal on Uinta Assets

Utah pure-play Rolling Rock Resources LLC, a subsidiary of Calgary-based Fortem Resource Inc., has inked a deal to farm out a portion of its leasehold in the Mancos formation in Grand County, UT, with an undisclosed party.

September 25, 2019
Candor Ramps SCOOP-to-Texas Natural Gas Service

Candor Ramps SCOOP-to-Texas Natural Gas Service

Houston-based Candor Midstream LLC has begun commercial service on its 100-mile, 20-inch diameter natural gas gathering system, which stretches from Carter County, OK, to a market area near processing facilities in North Texas near Bridgeport.

September 24, 2019

Energy Industry Balking at Colorado’s Proposed Air Quality Regulations

The Colorado Air Quality Control Commission (AQCC) submitted last Thursday a request for a hearing on proposals that would impact air emissions associated with oil and gas production, changes the industry was quick to challenge.

September 23, 2019

Rosehill Brings Online More Permian Wells; 3Q Output Forecast Higher

Houston-based independent Rosehill Resources Inc. this month has placed 13 Permian Basin wells into production in the northern and southern parts of the Delaware sub-basin.

September 19, 2019
Wyoming Approval Advances Cuda’s Pivot to PRB

Wyoming Approval Advances Cuda’s Pivot to PRB

Calgary-based Cuda Oil & Gas Inc. late last week said it garnered approval from the Wyoming Oil and Gas Conservation Commission (WOGCC) for a development project in Converse County in the Powder River Basin (PRB).

September 17, 2019

Ultra Petroleum Suspends Drilling, Cuts 2019 Capex

Wyoming pure-play Ultra Petroleum Corp. announced Monday it would suspend its drilling program for the rest of the year and into 2020.

September 17, 2019

September NatGas Piped into Midwest Said Outweighing Demand

September natural gas pipeline flows into the Midwest have outpaced regional demand from residential, commercial, industrial and power generation combined, according to a Direct Energy executive.

September 16, 2019
Spire STL Line in Illinois, Missouri May Boost REX Utilization

Spire STL Line in Illinois, Missouri May Boost REX Utilization

Citing persistent flood issues in a portion of its route, Spire STL Pipeline LLC filed a request with FERC earlier this month to begin service on its 65-mile, 400,000 Dth/d natural gas transmission pipeline.

September 13, 2019

IHS Markit Sees Henry Hub Averaging Under $2 in 2020, Sharply Below EIA, Independent Consensus

Henry Hub natural gas prices may average under $2/MMBtu next year as a result of booming production, swiftly growing stockpiles and only seasonal demand from exports, according to IHS Markit’s Samuel Andrus, executive director of North American natural gas.

September 11, 2019