“Headline” U.S. natural gas production continues to move higher, but signs of decline are emerging in some onshore plays, according to Barclays Capital energy analysts. Low gas prices also aren’t likely to encourage explorers this year, said a Standard & Poor’s Ratings Services (S&P).
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Goodrich Spending Targeting Oil in Eagle Ford, TMS
Goodrich Petroleum Corp. said Thursday it plans to spend between $175 million and $200 million on capital expenditures (capex) in 2013, most of which will go toward drilling for oil in the Eagle Ford Shale and Tuscaloosa Marine Shale (TMS), but a small portion will be spent on dry gas in the Haynesville Shale.
No Drought About it: Produced Water Saving Freshwater
The re-emerging Mississippian Lime may be cheaper to drill than in some deeper formations, but an abundance of produced water has created a flood of innovative solutions by some operators.
No Drought About it: Produced Water Produces Oil
The re-emerging Mississippian Lime may be cheaper to drill than in some deeper formations, but an abundance of produced water has created a flood of innovative solutions by some operators.
MarkWest CEO Sees ‘Explosive Growth’ in 2013
Continuing growth in the Marcellus Shale and emerging opportunities in the Utica Shale should lead to an increase in natural gas liquids (NGL) processing to 4.8 Bcf/d in 2013 from 2012’s 2.7 Bcf/d, CEO Frank Semple said last week.
Operators Move Rigs to 69 New Counties Nationally Last Week
If you’re looking for the newest hotspot for onshore oil and gas development anywhere in the United States, from a target within the emerging Mississippian Lime of Oklahoma and Kansas to a new location in the more established Marcellus Shale of the Mid-Atlantic and Northeast, NGI’s Shale Daily has a new resource to help identify drilling trends.
Operators Move Rigs to 69 New Counties Nationally Last Week
If you’re looking for the newest hotspot for onshore oil and gas development anywhere in the United States, from a target within the emerging Mississippian Lime of Oklahoma and Kansas to a new location in the more established Marcellus Shale of the Mid-Atlantic and Northeast, NGI’s Shale Daily has a new resource to help identify drilling trends.
Operators Moved Rigs to 69 New Counties Nationally Last Week
If you’re looking for the newest hot spot for onshore oil and gas development anywhere in the United States, from a target within the emerging Mississippian Lime of Oklahoma and Kansas to a new location in the more established Marcellus Shale of the Mid-Atlantic and Northeast, NGI’s Shale Daily has a new resource to help identify drilling trends.
Chesapeake Markets Granite Wash, Hogshooter Acreage
Chesapeake Energy Corp. is looking for buyers for some land in Western Oklahoma’s emerging Granite Wash and Hogshooter plays, according to Meagher Energy Advisors.
Lawyer: Industry Should Follow Basin Issues, Especially at DRBC
Oil and natural gas companies looking to drill within regulated interstate river basins need to familiarize themselves with issues facing the local river basin commission and take those issues seriously before ultimately deciding whether to drill, an industry attorney said.