Chesapeake

Chesapeake Energy Corp. may ramp up more dry natural gas drilling in the Utica Shale this year, but it also is eyeing a backlog of gas and oil opportunities that stretch across the country that only need higher commodity prices to accelerate activity.

Backed with private equity funds, Casillas Petroleum Resource Partners LLC has scooped up some Chesapeake Energy Corp. acreage in the stacked reservoirs of Oklahoma for $106 million.

Backed with private equity funds, Casillas Petroleum Resource Partners LLC has scooped up some Chesapeake Energy Corp. acreage in the stacked reservoirs of Oklahoma for $106 million.

The Fort Worth, TX school district late last year reached a $1 million out-of-court settlement with Chesapeake Energy Corp. concerning underpaying natural gas royalties, details that until this week had been kept confidential.

The Ohio Supreme Court is expected to soon decide on a case that could determine whether oil and natural gas producers in the state can deduct post-production costs, such as those for compression, dehydration and transmission, from landowners’ royalty checks.

The Fort Worth, TX school district late last year reached a $1 million out-of-court settlement with Chesapeake Energy Corp. concerning underpaying natural gas royalties, details that until this week had been kept confidential.

The Ohio Supreme Court is expected to soon decide on a case that could determine whether oil and natural gas producers in the state can deduct post-production costs, such as those for compression, dehydration and transmission, from landowners’ royalty checks.

Spring redetermination season has proven to be more lenient than some may have expected, with Chesapeake Energy Corp.’s $4 billion credit line reaffirmed on Monday, giving the onshore producer a lifeline and financial cushion into 2017.

Spring redetermination season has proven to be more lenient than some may have expected, with Chesapeake Energy Corp.’s $4 billion credit line reaffirmed on Monday, giving the onshore producer a lifeline and financial cushion into 2017.