A surprise increase in natural gas prices could allow Cabot Oil & Gas Corp. to deploy a sixth drilling rig in the Marcellus Shale by the fall, helping the company accelerate its plans for pad drilling and move more primary term acreage into production.
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Gazprom Talks Gas Supply Ideas with China
A delegation from Russia’s Gazprom visited China Wednesday and talked up the prospects for delivering Russian gas via a pipeline currently in development to the People’s Republic.
Chesapeake’s Eagle Ford Output Jumps 266%
Chesapeake Energy Corp.’s Eagle Ford Shale leasehold, now is the top producer within the company, delivering year/year growth in 4Q2012 of 266% and sequential growth of 20%, the independent reported Thursday. Net production in the South Texas play averaged 62,500 boe/d, with 66% of it oil, while 19% was natural gas and 15% liquids.
Statoil Looks to Canada for Better Natural Gas Prices
Statoil ASA, which has natural gas and oil operations in the Gulf of Mexico and across North America, last Thursday began delivering its U.S. natural gas produced in the Marcellus Shale to Canada to secure better prices.
Statoil’s Marcellus Gas Headed to Canada
Statoil ASA on Thursday plans to begin delivering its U.S. natural gas produced in the Marcellus Shale to Canada to secure better prices.
Statoil Looking to Canada for Better Natural Gas Prices
Statoil ASA, which has natural gas and oil operations in the Gulf of Mexico and across North America, on Thursday plans to begin delivering its U.S. natural gas produced in the Marcellus Shale to Canada to secure better prices.
Grassroots Coalition Seeks to Block Constitution Pipeline
FERC has to conduct a “vigorous and exhaustive” needs analysis for the proposed Constitution Pipeline before it allows the Marcellus-to-New York natural gas project to go forth, said an environmental law practice representing the grassroots coalition “Stop the Pipeline (STP).”
National Fuel Gathering System Online in Pennsylvania
National Fuel Gas Midstream Corp. (NFG Midstream), a unit of National Fuel Gas Co., said its Trout Run Gathering System in Lycoming County, PA, was recently placed in service and is delivering gas to an interconnect with Transcontinental Gas Pipe Line Co. LLC (Transco). Initial production is from four recently completed wells operated by Seneca Resources Corp., a subsidiary of National Fuel.
Judge Refuses to Force Cabot to Continue Dimock Water Deliveries
A judge in Pennsylvania has denied a request by several Dimock Township families to force Cabot Oil & Gas Corp. to continue delivering potable water to their homes.
Marcellus Producers Say They Reuse Wastewater
Six major producers in the Marcellus Shale say they expect to recycle or inject all of their wastewater by the end of the year, according to information released by the U.S. Environmental Protection Agency (EPA) on Wednesday.