ZaZa CEO: Most to Gain When Eaglebine Soars

ZaZa CEO: Most to Gain When Eaglebine Soars

Fresh off an asset streamlining and an Eaglebine joint venture (JV) formation with EOG Resources Corp. (see Shale Daily, March 26), Houston-based ZaZa Energy Corp. executives are touting their heavy weighting to the emerging stacked South Texas play and said what’s learned from the JV will add value to the company’s 100% owned acreage.

April 8, 2013

Regency Expanding Permian Footprint with $1.5B Deal

Regency Energy Partners LP is adding to its midstream asset collection a 5,600-mile gas gathering system and about 500 MMcf/d of processing and treating facilities in West Texas and New Mexico for natural gas and natural gas liquids with a deal that gives it Southern Union Gas Services Ltd. (SUGS).

March 1, 2013

PDC Energy Sells Assets to Focus on Utica, Wattenberg Plays

Denver-based PDC Energy Inc. has sold its Piceance and other mostly natural gas Colorado holdings to concentrate its drilling efforts in the Utica Shale in Ohio, along with Weld County’s Wattenberg field in Colorado.

February 11, 2013

Templar Energy Makes First Move in Anadarko Basin

Templar Energy LLC, a newly formed exploration and production company, has completed its first acquisition in the Anadarko Basin, an asset package that includes about 7,000 net acres in Oklahoma’s Ellis and Roger Mills counties in Oklahoma, according the company’s financial backer, First Reserve Corp.

January 16, 2013

Questions Swirl on Encana CEO’s Abrupt Resignation

Randy Eresman, who has led Encana Corp. since 2006, suddenly resigned on Friday, fueling speculation about whether he jumped or was pushed out of the boardroom.

January 15, 2013

Tradition Secures Midstream Financing

Tradition Midstream LLC said it has secured $100 million in equity financing to develop infrastructure across North America, with an initial focus on unconventional plays in Texas, Oklahoma and Louisiana.

January 11, 2013

BP Taking ‘Simpler,’ More Oily Path

BP plc CEO Bob Dudley last week said the beleaguered oil major will become a “simpler,” more oily company over the next few years.

December 10, 2012

New ASTM Panel to Develop Fracking Standards

Responding in part to the public outcry over hydraulic fracturing (fracking), ASTM International has created a subcommittee to develop consensus standards that would provide best practices for the fracking of oil and natural gas wells in shale formations.

August 16, 2012

SM Energy Trips on Eagle Ford Infrastructure, But Permian Holds Promise

Infrastructure constraints during the second quarter put a crimp in SM Energy Co.’s operated Eagle Ford Shale output, prompting the Denver-based company to divert some capital to the Permian Basin, where getting production to market is easier for the time being. And a steep drop in net income pummeled the Denver-based producer’s shares.

August 3, 2012

Pennsylvania Gas Drilling Falls Almost 7% in First Five Months

Pennsylvania’s Marcellus Shale natural gas drilling declined nearly 7% in the first five months of this year from the same period of 2011 in part as operators began moving from dry gas to wetter targets, according to data from the state Department of Environmental Protection (DEP).

June 28, 2012