Chesapeake

Chesapeake Convinces Federal Court to Toss Ohio Class Action Lawsuit

A Chesapeake Energy Corp. subsidiary has for now fended off a class action lawsuit brought by landowners in Ohio that alleged that the company underpaid royalties.

October 1, 2019

Exco Bid to Flare Eagle Ford Natural Gas OK’d by Texas Regulators

The Railroad Commission of Texas (RRC) on a 2-1 vote has granted Exco Operating Co. LP its exemption request to flare natural gas in an Eagle Ford Shale field over the objections of pipeline giant Williams.

August 7, 2019

Chesapeake Curbing Haynesville Ops in Favor of Oilier Assets

Chesapeake Energy Corp. said Tuesday it would further slash spending on its natural gas assets next year and redirect that capital toward plays in Texas and Wyoming, which are expected to drive double-digit growth in the company’s oil production.

August 6, 2019

Former WildHorse Execs Secure $1B to Launch New E&P

Former WildHorse Resource Development Corp. executives have landed more than $1 billion in private equity financing to form a new company that would acquire underdeveloped oil and natural gas assets across the Lower 48.

July 19, 2019
Callahan Intrastate Pipeline to Expand Natural Gas Service to Northeast Florida

Callahan Intrastate Pipeline to Expand Natural Gas Service to Northeast Florida

Chesapeake Utilities Corp. affiliate Peninsula Pipeline Co. and SeaCoast Gas Transmission affiliate TECO Peoples Gas (PGS) plan to jointly develop a pipeline to bring additional natural gas capacity to the Jacksonville area of northeastern Florida, the companies said Wednesday.

May 23, 2019

Chesapeake Cuts Rig Count on Gassier Assets as Oil Push Continues

As it continues to transform into an oil-focused producer, Chesapeake Energy Corp. plans to run only three rigs on its natural gas assets in the second half of the year, following gains during the first quarter on newly acquired Eagle Ford Shale properties and record-setting results in the Powder River Basin (PRB).

May 8, 2019

Crestwood Takes Control of PRB System in $485M Deal with Williams

Crestwood Equity Partners LP has taken full ownership of the Jackalope Gas Gathering System and Bucking Horse Processing Plant in Converse County, WY, after acquiring the other half stake from Williams for $485 million in cash.

April 10, 2019

In Another Win for Pennsylvania AG, Royalties Lawsuit Advances

A Pennsylvania appellate court handed the state attorney general’s (AG) office a victory last week, finding that it may move ahead with a wide-ranging lawsuit against Chesapeake Energy Corp. and Anadarko Petroleum Corp. for deceptive business practices.

March 20, 2019

Ohio E&P Consolidation Continued in 2018 as Oil, NatGas Volumes Jumped

Even fewer independent operators pushed combined conventional and unconventional natural gas production to new highs in Ohio last year, as the consolidation that’s occurred in the state over the last decade continued, according to data included in the Ohio Oil and Gas Association’s (OOGA) annual Debrosse Memorial Report.

March 15, 2019

Texas Court Rules Against Chesapeake in Eagle Ford Royalties Case

A Texas appeals court panel has ruled that Chesapeake Energy Corp. should have paid oil and gas royalties to Eagle Ford Shale leaseholders based on the gross proceeds from an adjacent well, not from take points within the trigger distances of the leases.

March 15, 2019