CNX Resources Corp. continues to investigate how it lost control of a deep, dry Utica Shale well in southwest Pennsylvania late last month, but the company revealed in a regulatory filing that it faulty casing could be to blame.
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CNX Resources Details Cautious Plans for 2019
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 Moves to Kill Unruly Utica 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 Expecting Appalachian Output to Rebound By Year’s End
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 Spending Increases on Well Issues, Water Costs
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 Utica Volumes Soar in First Quarter; Coal Exit Complete
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 Agrees to Buy Noble’s Appalachian Midstream Stake
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.