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Matador an Eagle Ford Oil Bull

Matador an Eagle Ford Oil Bull

Matador Resources Co., which is focused on the liquids-rich portion of the Eagle Ford Shale, grew its oil production almost eight-fold last year to just over 1.2 million bbl from 154,000 bbl in 2011 and 33,000 bbl in 2010. The company will stay focused on the Eagle Ford and growing its Permian Basin position as gas prices aren’t high enough to support more Haynesville Shale activity, CEO Joe Foran said Thursday.

March 15, 2013

Gastar’s Marcellus Output Surges

Gastar Exploration Ltd. said net production from its Marcellus Shale assets has increased more than 34-fold in a year, a result of ramped up drilling activity in the liquids-rich portion of the play during the second quarter of 2012.

August 13, 2012

Gastar’s Marcellus Output Surges

Gastar Exploration Ltd. said Wednesday net production from its Marcellus Shale assets have increased more than 34-fold in a year, a result of ramped up drilling activity in the liquids-rich portion of the play during the second quarter of 2012.

August 9, 2012

Ohio Village Tentatively OKs Lease Agreement with Rex

The village council of Carrollton, OH, has voted in favor of a nondevelopmental oil and natural gas lease agreement with Rex Energy Corp. that was valued at $938,000 on Monday.

July 26, 2012

U.S. Exports to Canada Closing in on 1 Tcf

Exports of U.S. gas into Canada are on track to top 1 Tcf this year, having increased six-fold from 158 Bcf in 2001, at the same time Canadian pipeline deliveries into the United States continue to slide.

July 23, 2012

U.S. Exports to Canada Closing in on 1 Tcf

Exports of U.S. gas into Canada are on track to top 1 Tcf this year, having increased six-fold from 158 Bcf in 2001, at the same time Canadian pipeline deliveries into the United States continue to slide.

July 23, 2012

Ohio Seeing More Than Eight-Fold Increase in Horizontal Permitting

The permitting of horizontal natural gas wells in Ohio has grown more than eight-fold in one year; Chesapeake Energy Corp. became a major player in the Utica Shale, and Carroll County became the play’s “ground zero,” according to data from the Ohio Department of Natural Resources’ (ODNR) Division of Oil and Gas Resources Management.

July 9, 2012

Horizontal Permits Jump Eight-Fold in Ohio’s Utica

The permitting of horizontal natural gas wells in Ohio has grown more than eight-fold in one year; Chesapeake Energy Corp. became a major player in the Utica Shale, and Carroll County became the play’s “ground zero,” according to data from the Ohio Department of Natural Resources’ (ODNR) Division of Oil and Gas Resources Management.

July 9, 2012

Canadian Hostility to Marcellus Gas Imports Rises

A potential market for growing gas supplies from the Marcellus Shale — Eastern Canada — could be in jeopardy as resistance to U.S. sourced gas grows among Canadian producers while Canadian landowners object to pipeline plans and a pipeline flow reversal project stumbles with regulators.

October 10, 2011

Market Can Handle Marcellus, Says Analyst

The growth of the Marcellus Shale likely won’t be constrained by market demand, despite a projected seven-fold increase in production from the play over the next 15 years, according to FBR Capital Markets.

October 3, 2011
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