EQT Corp. said it made significant progress in the first quarter on a strategic plan initiated late last year to generate more value and stave off an attempt by shareholders Toby and Derek Rice to take over the company, now the nation’s largest gas producer.
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Hess Plans to Add Two Rigs, Complete Study in Bakken in 2018
Hess Corp. reported increased production in the Bakken Shale, saying this week that it plans to deploy a fifth rig there in the third quarter, followed by a sixth rig in 4Q2018. The company also plans to complete a comprehensive study in the play this year to determine the best drilling methods moving forward.
April 26, 2018
‘Persistent’ Growth Seen in U.S. Onshore Oil, NatGas as Completions Catch Up, Says Rystad
U.S. onshore unconventional growth began to exhibit “material and persistent” monthly output growth in the first quarter after bottoming out in mid-2016, a trend likely to continue through 2017, according to an analysis by Rystad Energy.
May 24, 2017