Chesapeake Readies New Strategy with Growing Output

Chesapeake Energy Corp., with a new CEO leading the way, is beginning a new era for the company as well, moving away from spending to secure big leaseholds in the onshore to living within its cash flow.

August 2, 2013
Marcellus Volumes, Capacity Prove Challenging, Says MarkWest CEO

Marcellus Volumes, Capacity Prove Challenging, Says MarkWest CEO

Building midstream infrastructure in the Marcellus Shale to keep up with growing natural gas volumes was a challenge in the first quarter, MarkWest Energy Partners LP CEO Frank Semple said Thursday.

May 13, 2013
Southwestern Hitting ‘Full Stride’ in Marcellus

Southwestern Hitting ‘Full Stride’ in Marcellus

Southwestern Energy Co. is producing about 400 MMcf/d in the Marcellus Shale and doesn’t foresee any constraints in moving natural gas to markets north or south for the next couple of years, executives said Friday.

May 7, 2013

Linn Finds Better Hog Shootin’ in Oklahoma

After drilling some disappointing wells targeting the Hogshooter interval of the Granite Wash in the Texas Panhandle, Linn Energy LLC is now concentrating its efforts on the Oklahoma Hogshooter, where the reservoir is seen to be of better quality with less variability, CEO Mark E. Ellis said Thursday.

April 29, 2013

Vanguard Is Oil/Gas ‘Agnostic,’ Focused on Margin

Unlike many producers today, Vanguard Natural Resources LLC is not necessarily focused on oil and natural gas liquids (NGL)-rich acquisitions. The company has done recent deals for both liquids and dry gas assets, instead focusing on margin and how the properties fit into its structure, CEO Scott Smith said Monday.

March 5, 2013

Hess: Shale Assets Not for Sale

Hess Corp. won’t sell its unconventional assets in the Bakken, Eagle Ford and Utica shale plays, but it is looking at proposals from a hedge fund that wants a larger stake in the company, Hess officials said during a 4Q2012 earnings call on Wednesday.

February 4, 2013

Forest Sells Noncore Gas-Weighted Texas Assets

Forest Oil Corp. has agreed to sell all of its South Texas properties — excluding those in the Eagle Ford Shale — for proceeds of $325 million after tax as part of its ongoing deleveraging plan, the company said Thursday.

January 4, 2013

Apache Breaks Production Records in Permian, Anadarko Basins

Higher rig counts and new infrastructure contributed to record production from the Permian and Anadarko basin operations, Apache Corp. said Thursday.

November 2, 2012

Cabot Sets Production Record, Stepping Out in the Marcellus

First quarter results of Cabot Oil & Gas Corp. improved over the year-ago period, thanks mainly to expansion of the company’s production base. Oil and gas production volumes both set company records, although low gas prices weighed on the Houston-based producer.

April 30, 2012

USGS: Considerable Conventional Energy Resources Outside U.S.

An analysis of resources in 171 geologic provinces, including Canada and Mexico and several Arctic provinces — but excluding the United States — found that the world holds an estimated 5,606 Tcf of undiscovered, technically recoverable conventional natural gas, according to a new U.S. Geological Survey (USGS) report.

April 20, 2012
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