With oil and natural gas production up 19% from a year ago, Apache Corp. said last week it achieved its first-ever output of more than 600,000 boe/d in 3Q2009, lifted in part by a better-than-expected recovery rate from natural gas wells in the Horn River Basin and promising output in the Granite Wash.
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Apache Raises EUR at Horn River, Sees Promise in Granite Wash
With oil and natural gas production up 19% from a year ago, Apache Corp. said Thursday it achieved its first-ever output of more than 600,000 boe/d in 3Q2009, lifted in part by a better-than-expected estimated recovery rate from natural gas wells in the Horn River Basin in British Columbia and promising output in the Granite Wash.
Gazprom: U.S. Operation Links World’s Largest Market to Russian Gas
With the startup of its U.S. operations, Gazprom Marketing & Trading Ltd. has achieved its “goal of bringing the world’s largest gas company into the world’s largest gas market,” said CEO Vitaly Vasiliev Thursday.
Gazprom Launches U.S. Marketing and Trading
With the startup of its U.S. operations, Russian-based Gazprom Marketing & Trading Ltd. has achieved its “goal of bringing the world’s largest gas company into the world’s largest gas market,” said CEO Vitaly Vasiliev last Thursday.
Constellation Forecasts Calmer Waters Ahead
With two major divestitures nearly completed and a strong liquidity position achieved, the end of an often turbulent transition period for Constellation Energy may be at hand, the company said.
Constellation Forecasts Calmer Waters Ahead
With two major divestitures nearly completed and a strong liquidity position achieved, the end of an often turbulent transition period for Constellation Energy may be at hand, the company said last week.
Most Points Rally; Midcontinent Sees All-Time Low
A solid majority of points achieved rebounds Monday from across the board weekend plunges. The overall rally was considered largely driven by the previous Friday’s 35.2-cent spike in December futures (along with a little help from industrial load returning from its typical weekend drop) because weather fundamentals were weak for the most part.
Black Hills, Great Plains Close Aquila Merger Deal
Black Hills Corp. and Great Plains Energy Inc. closed their asset purchase and merger of Aquila Inc. last Monday, the companies said. The closing was effective last Monday for legal, accounting and operational purposes.
Devon Hits 1 Bcfe/d in Barnett Shale
Devon Energy Corp.’s net Barnett Shale production surpassed the magic number of 1 Bcfe/d in April, a milestone achieved 21 months ahead of the company’s original target date.
Devon Hits 1 Bcfe/d in Barnett Shale
Devon Energy Corp.’s net Barnett Shale production surpassed the magic number of 1 Bcfe/d in April, a milestone achieved 21 months ahead of the company’s original target date.