Rex Energy Corp. has agreed to sell its 60% stake in water distribution subsidiary Keystone Clearwater Solutions LLC in a deal expected to net the company $66 million.
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REX Zone 3 Expansion to Cause Midwest Makeover, Genscape Says
The Rockies Express Pipeline Zone 3 east-to-west project will be online about a month later than planned — in July. And then, natural gas from Appalachia will push Midcontinent supplies out of the Midwest and challenge Rockies gas for market, analysts at Genscape Inc. said in a note Wednesday.
REX Zone 3 Expansion to Cause Midwest Makeover, Genscape Says
The Rockies Express Pipeline (REX) Zone 3 east-to-west project will be online about a month later than planned — in July. And then, natural gas from Appalachia will push Midcontinent supplies out of the Midwest and challenge Rockies gas for market, analysts at Genscape Inc. said in a note Wednesday.
Cash Hungry Magnum Hunter Plans to Sell Some Appalachian Acreage
Magnum Hunter Resources Corp. has added to a growing list of asset sales in order to shore up its weak liquidity position and help fund this year’s capital expenditures, announcing Monday that it’s marketing 5,000 net acres in the Appalachian Basin.
Cash Hungry Magnum Hunter Plans to Sell Some Appalachian Acreage
Magnum Hunter Resources Corp. has added to a growing list of asset sales in order to shore up its weak liquidity position and help fund this year's capital expenditures, announcing Monday that it's marketing 5,000 net acres in the Appalachian Basin.
Southwestern’s Natural Gas Output Up on Efficiencies, Expanded Takeaway in Appalachia
Southwestern Energy Co. again managed to score some upside in a down market during the first quarter, capturing benefits through long-honed efficient drilling practices, as well as growing natural gas takeaway capacity in Appalachia.
Southwestern’s Natural Gas Output Up on Efficiencies, Expanded Takeaway in Appalachia
Southwestern Energy Co. again managed to score some upside in a down market during the first quarter, capturing benefits through long-honed…
Both Haynesville, Appalachia Seen as Marginal Sources of U.S. NatGas Production
The Haynesville Shale may be competing with Marcellus/Utica shale gas in the not-too-distant future, lifted by its solid reserves, infrastructure and its proximity to liquefied natural gas (LNG) export facilities, according to research by NGI’s Shale Daily.
Appalachia Natural Gas Output Still On Pace to Increase, Despite Lower Capex, Shut-Ins
The combination of lower capital spending, shut-ins and even a shift to other plays won’t deter natural gas production from escalating in the Appalachian Basin this year, according to data compiled by NGI’s Shale Daily.
Gastar Cuts 2015 Spending For Third Time
Gastar Exploration Inc. on Monday cut its budget for the third time since September, saying it will now spend $103 million this year, as its portfolio is exposed to falling oil and natural gas prices in the Appalachian Basin and the Midcontinent.