Range Earns $144M in 2Q on Record Production, New EURs

Bolstered by record production, especially in the southwest Pennsylvania portion of the Marcellus Shale, and revisions to its estimated ultimate recovery (EUR) curves, Range Resources Corp. reported net earnings of nearly $144 million for the second quarter of 2013.

July 26, 2013

ExxonMobil Still Global Energy’s Heavyweight Champ

ExxonMobil Corp. continues to reign supreme as the world’s top energy enterprise and has regained its title as the largest domestic publicly traded entity.

January 29, 2013
No Slowing Down for North Dakota Drilling Boom

No Slowing Down for North Dakota Drilling Boom

With its oil and liquids-rich play, the Bakken Shale in North Dakota keeps attracting prospective drilling operations even as the formation’s overall rig count has declined slightly since January, according to the state’s latest monthly statistics at the end of August.

September 19, 2012

Cabot Hits Marcellus Production Record

Cabot Oil & Gas Corp. closed out 2011 averaging 600 MMcf/d from the Marcellus Shale, including one day where the Houston company produced a record 606 MMcf.

January 5, 2012

Pennsylvania Marcellus Permits Pass 2000 Mark

The Pennsylvania Department of Environmental Protection (DEP) issued 277 permits for Marcellus Shale drilling and operators reported drilling 226 wells into the play in August, according to recently released figures.

September 20, 2011

Pittsburgh Could Vote on Drilling Ban This Fall

The Pittsburgh City Council voted 6-3 on Monday to add a referendum to the fall ballot that, if approved by voters, would amend the city charter with a ban on all commercial natural gas extraction inside the city limits.

August 4, 2011

Futures Drop Following 66 Bcf Injection Report; Settle Near Unchanged

While the Energy Information Administration’s (EIA) natural gas storage report of a 66 Bcf injection for the week ended June 23 paled in comparison to historical figures, the number was larger than the expectations of many in the industry. After trading as high as $6.290 on Thursday morning, August natural gas — in its first regular session action as prompt month — dropped significantly lower following the report before settling at $6.135, down 2.5 cents for the day.

June 30, 2006

NOAA Continues to See a ‘Very Active’ 2006 Atlantic Hurricane Season

While this year’s Atlantic hurricane season is expected to pale in comparison to last year’s extraordinary display, the U.S. Commerce Department’s National Oceanic and Atmospheric Administration (NOAA) announced Monday it still is expecting “a very active hurricane season” in 2006, adding that individuals should make preparations to better protect their lives and livelihoods.

May 23, 2006

General Market Softness Pales in Comparison to NE Drops

The Northeast differentiated itself from the rest of the marketyet again yesterday. Contrary to Friday’s results when manyNortheast points gained more than 20 cents, however, theNortheast’s attention-grabbing price activity yesterday felldecidedly on the bearish side as Transco Zone 6-NY fell $1 andTetco M3’s average dropped from the high $3.20’s to $3.

February 15, 2000