Achieved

Marcellus Helps Range Break Production Record Again

Range Resources Corp. achieved a record high production volume of 876 MMcfe/d during the first quarter of 2013, driven in large part by the continuing success of its drilling program in the Marcellus Shale, the company said Thursday.

April 12, 2013
Hess Actions ‘Dramatically Short,’ Says Shareholder

Hess Actions ‘Dramatically Short,’ Says Shareholder

Hess Corp., which is facing a shareholder revolt for a perceived lack of focus and crony-heavy board, on Monday said it would become a pure-play exploration and production (E&P) company. The plan involves fully exiting the downstream business, selling Bakken Shale midstream, and bringing aboard six new independent directors.

March 5, 2013

Trans Energy Sells Shallow Assets, Connects Two Wells to Pipeline

Trans Energy Inc. announced Wednesday that it had sold its drilling rights and working interest in shallow wells targeting the Devonian Shale for $2.75 million before adjustments, but had retained a royalty interest on most wells and drilling rights to deeper formations, such as the Rhinestreet, Marcellus and Utica shales.

February 1, 2013

Eagle Ford Drove Double-Digit Growth at Rosetta

Rosetta Resources Inc. said it achieved double-digit growth in production and proved reserves while it “significantly reduced” well costs during 2012. The company said it replaced 472% of production from all sources at a reserve replacement cost of $10.03/boe.

January 31, 2013
Athabasca Oil Sands Project Output Hits 255,000 Barrels Daily

Athabasca Oil Sands Project Output Hits 255,000 Barrels Daily

Royal Dutch Shell plc, which operates the Athabasca Oil Sands Project (AOSP), said late Monday its oilsands operations have achieved a production milestone of 500 million bbl since production began in 2003. Current production capacity has reached 255,000 b/d, Shell said.

August 22, 2012

Gas, Oil Reserve Additions Set Record in 2010

Domestic proved oil and natural gas reserves achieved record annual volumetric increases in 2010, thanks in large part to advances in drilling technology, according to a report released by the Energy Information Administration (EIA) last Wednesday.

August 6, 2012

EIA: Gas, Oil Reserve Additions Set Record in 2010

Domestic proved oil and natural gas reserves achieved record annual volumetric increases in 2010, thanks in large part to advances in drilling technology, according to a report released by the Energy Information Administration (EIA) Wednesday.

August 3, 2012

Shale Technologies Lifted Gas, Oil Reserves to Record Highs in 2010

Domestic proved oil and natural gas reserves achieved record annual volumetric increases in 2010, thanks in large part to advances in drilling technology, according to a report released by the Energy Information Administration (EIA) Wednesday.

August 3, 2012

Newfield Lifts 2012 Output Forecast — Again — on Oil, Liquids Growth

For the second time this year, Newfield Exploration Co. raised its full-year production forecast based on rising output from key U.S. onshore oil and natural gas liquids (NGL) plays.

July 20, 2012

Cimarex: More Oil, NGL Production in 2012

Cimarex Energy Co. will spend $1.4-1.6 billion on capital expenditures (capex) in fiscal 2012, with nearly all of it devoted to drilling for oil and natural gas liquids (NGLs) in the Permian Basin and the Cana-Woodford Shale, company officials said Wednesday.

February 17, 2012
‹ Previous 1 2 3 9