Achieving

Chevron, Argentina’s YPF Ink Vaca Muerta Shale Deal

A unit of Chevron Corp. and affiliates of Argentina’s state-controlled YPF SA have struck a long-sought agreement for the U.S. major to provide an initial $1.24 billion to further development of shale oil and gas resources from the Vaca Muerta formation in Argentina’s Neuquen province.

July 19, 2013

Chesapeake Shareholders Reelect Board, Reject Declassification

Chesapeake Energy Corp. shareholders reelected the company’s board of directors, but rejected separate proposals to implement proxy access, reincorporate in Delaware and declassify the board, the last of which would have made it easier to replace the entire board in one fell swoop.

June 18, 2013

Energy Independence in Sight, Says Chesapeake’s Dunham

With the “right kind of leadership” and regulatory environment, the United States could be just 10 years from achieving energy independence, Chesapeake Energy Corp.’s nonexecutive Chairman Archie Dunham said Friday.

June 17, 2013

Gulfport, Seneca Announce Encouraging Utica Shale Results

In separate announcements, Gulfport Energy Corp. and Seneca Resources Corp. reported that they are achieving encouraging production results from some of the first horizontal wells drilled in the Utica Shale.

November 29, 2012

Strong Influences Boost Nearly All Points

The cash market had plenty of help in achieving increases at most locations Wednesday. There was the previous day’s rally by August futures, rising temperatures in several regions boosting power generation demand, and the lingering potential for a tropical storm approaching the offshore production area by early next week.

July 22, 2010

Devon Begins Voluntary Curtailments in U.S. Onshore

After achieving the highest quarterly output in company history, Devon Energy Corp. through the rest of the year will voluntarily curtail around 3 million boe/d in the U.S. onshore, CEO Larry Nichols said last week.

August 10, 2009

Devon Beats Quarterly Output Records, Begins Voluntary Curtailments

After achieving the highest quarterly output in company history, Devon Energy Corp. through the rest of the year will voluntarily curtail around 3 million boe/d in the U.S. onshore, CEO Larry Nichols said Wednesday. However, the independent still expects annual natural gas and oil production to jump by 3%.

August 6, 2009

Some Upside for E&P Seen in 2Q2009

The downside risk for natural gas and oil prices remains high, but U.S. exploration and production (E&P) companies are achieving lower-than-expected production declines by squeezing value from their existing assets, energy analysts said in previews of 2Q2009 earnings.

July 13, 2009

Some Upside for E&P Seen in 2Q2009

The downside risk for natural gas and oil prices remains high, but U.S. exploration and production (E&P) companies are achieving lower-than-expected production declines by squeezing value from their existing assets, energy analysts said in previews of 2Q2009 earnings.

July 13, 2009

Transportation Notes

CIG said it “is beginning to see some progress in achieving balance in its storage fields,” but the Ft. Morgan and Latigo facilities “continue to operate above the storage guidelines.” Therefore the previously announced Strained Operating Condition, OFO and Underperformance Caps will remain in place until further notice, CIG said, adding that it will update its assessment of operating conditions for the upcoming weekend no later than 2 p.m. MDT Thursday.

July 8, 2009
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