Some producers wouldn’t have sold their Barnett Shale assets and instead would have flat-lined activities there while they headed for the greener pastures of the Appalachian Basin’s Marcellus Shale, Range Resources Corp. CEO John Pinkerton conceded. But Range wanted to straighten its balance sheet and go at the Marcellus full bore, which its recent Barnett asset sale sets it up to do.
Bunch
Articles from Bunch
Gulf of Mexico Sale 198 Attracts 707 Bids From 82 Companies; Govt. Collects $588 Million
Proving that even a bunch of mighty hurricanes can’t keep the oil and gas industry down, Central Gulf of Mexico Lease Sale No. 198 brought in more than $588.3 million in high bids out of more than $978.3 million in total bids.
March 16, 2006
Tropical Depression Spurs Initial Rig Evacuations
A tropical depression formed quickly Tuesday afternoon from whathad appeared to be no more than a disorganized bunch ofthunderstorms in the morning. A storm warning was issued forpractically the entire coast of Texas (Brownsville to High Island).Although a mid-afternoon spot check of some larger producersindicated mostly a “keeping an eye on things” attitude rather thanactual platform evacuations, it was likely that tentative planswere turning into concrete action that evening.
September 9, 1998
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
