For the third time in less than three months, Gulfport Energy Corp. and Windsor Ohio LLC, an affiliate of Wexford Capital LP, have agreed to make a transaction in the Utica Shale, this time for net acreage and a higher working interest (WI).
Articles from Flowing
Santos turned on Australia’s first commercial shale gas production last Friday at the company’s Moomba-191 well in the Cooper Basin.
CONSOL Energy Inc.’s natural gas division said Thursday it produced a record 40.4 Bcf in 3Q2011, or nearly 13% more than the 35.8 Bcf produced in the year-ago period. Separately, Magnum Hunter Resources Corp. also reported strong results in Appalachia, but it said gas sales have been constrained because of “volume limitations” in some midstream infrastructure.
The Susquehanna River Basin Commission (SRBC) has suspended 41 water withdrawals in Pennsylvania as of Monday afternoon because of low-flowing streams in the central part of the state, forcing many natural gas driller to stop taking water from certain local waterways.
Even more natural gas will be flowing to the southeastern United States after Williams Partners LP picked up its second federal approval in a month to beef up infrastructure on its Transcontinental Gas Pipe Line (Transco), a 10,500-mile system that delivers gas from the Gulf of Mexico to New York City, the Mid-Atlantic and the Atlanta area.