Cnx

CNX Resources Corp. signaled a cautious approach for its operations this year, laying out a flexible plan for “minimum” activity that could increase if the natural gas outlook improves. The company also said Tuesday it successfully killed an unruly Utica Shale well in southwest Pennsylvania.

CNX Resources Corp. has started efforts to kill a deep, dry Utica Shale well in southwest Pennsylvania that it lost control of late last month.

CNX Resources Corp. expects production to peak in the fourth quarter now that the operational issues it faced earlier in the year have been resolved.

CNX Resources Corp. on Thursday said it would spend more this year, primarily to cover higher-than-expected water costs and take care of problems at some of its well sites in Appalachia.

CNX Resources Corp. reported a 184% year/year (y/y) increase in Utica Shale volumes during the first quarter, as it continues to build more of the play into its development program.

CNX Resources Corp. announced Friday that it would assume full ownership of Cone Midstream Partners LP after entering an agreement with Noble Energy Inc. to acquire its remaining interest in the system for $305 million in cash.