EQT Ramps Up First Utica Well, Achieves 1 Bcfe/d in Appalachian Output

Hours ahead of EQT Corp.’s second quarter conference call on Thursday, the company tied into sales its first Utica Shale well, the CEO said.

July 26, 2013

Woodford, Bakken Steer ExxonMobil in U.S. Onshore

With production growing 39% in the Ardmore Basin’s Woodford Shale and a 75% increase in Bakken output, ExxonMobil Corp. plans to forge ahead with liquids and crude oil unconventional opportunities in North America, and keep its substantial natural gas prospects for better days, the investor relations chief said Thursday.

April 26, 2013

Reducing the ‘Drag’ Delivers Oil, Gas Faster, Says PwC

Master integrated planning in the shale natural gas and liquids markets reduces working capital and makes the end-to-end process more consistent and predictable, according to an analysis by PwC.

April 1, 2013

Southwestern Growing in Marcellus, Learning in Brown Dense Play

During the third quarter, Southwestern Energy Co. grew natural gas and oil production by 12% from a year ago. Costs associated with its Fayetteville Shale activities declined while well results there improved. Marcellus Shale production more than doubled from a year ago, and the company continues to find its way in the emerging Brown Dense play.

November 5, 2012
Big Incentives for Producers to Reduce Water Use, Say Execs

Big Incentives for Producers to Reduce Water Use, Say Execs

Environmental questions and high costs for water have created a big headache for unconventional oil and gas producers, but it won’t take long before those problems are turned into opportunities for other businesses, according to industry executives.

September 25, 2012

Gasfrac Efforts Stall in Waterless Frack Market

Gasfrac Energy Services Inc., which has been attempting to muscle into the hydraulic fracturing (fracking) market with its waterless technology, hit some roadblocks in 2Q2012, in part because the pressure pumping market is bursting at the seams, company officials said Thursday.

August 13, 2012

Marathon Looks to Add Eagle Ford Acreage By Year’s End

Marathon Oil Corp. CEO Clarence Cazalot said the company’s purchase of 141,000 net acres in the Eagle Ford Shale from Hilcorp Resources Holdings LP for $3.5 billion was exceeding expectations, with production totaling nearly 1,000 boe/d on Tuesday, Marathon’s first official day as operator (see Shale Daily, June 2).

November 4, 2011

Williams Primed for Marcellus Pipe, E&P Expansions

Tulsa-based Williams continues to be primed for solid natural gas infrastructure expansions in North America, with the biggest still planned for the Marcellus Shale, CEO Alan Armstrong said Wednesday.

November 3, 2011

Quebec to Enact New Royalty Regime for Shale Gas

Quebec said Thursday a new royalty regime for shale gas will take effect in the province once it concludes a two-year strategic environmental assessment of the industry.

March 21, 2011

ICE 2Q Profit Falls; Continues Work with CFTC

Racked by larger expenses than during last year’s quarter and an $11 million after-tax impairment charge related to its investment in the National Commodity and Derivatives Exchange (NCDEX) of India, IntercontinentalExchange Inc. (ICE), the Atlanta-based operator of regulated global exchanges, clearing houses and over-the-counter (OTC) markets, reported Tuesday a 15% drop in net income. The company recorded 2Q2009 net income of $72.1 million (97 cents/share) down from $84.9 million ($1.19) during 2Q2008.

August 10, 2009
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