Gastar

Gastar’s Second WV Utica Well Tests Strong

Gastar Exploration Inc.’s second Utica Shale well in West Virginia tested at a peak 48-hour rate of 36.8 MMcf/d, with a 30-day average of 20.2 MMcf/d, roughly in line with the first Utica well it tested in the state last year, the company said.

July 1, 2015

Gastar’s Second WV Utica Well Tests Strong

Gastar Exploration Inc.’s second Utica Shale well in West Virginia tested at a peak 48-hour rate of 36.8 MMcf/d, with a 30-day average of 20.2 MMcf/d, roughly in line with the first Utica well it tested in the state last year, the company said.

July 1, 2015

Gastar Divests Gassy Midcon Assets to Undisclosed Buyer

Gastar Exploration Inc. has announced a deal to sell 19,000 net noncore acres in Kingfisher County, OK, for $46.2 million to a undisclosed privately-owned company.

May 8, 2015

Gastar Divests Gassy Midcon Assets to Undisclosed Buyer

Gastar Exploration Inc. has announced a deal to sell 19,000 net noncore acres in Kingfisher County, OK, for $46.2 million to a undisclosed privately-owned company.

May 8, 2015

Gastar Cuts 2015 Spending For Third Time

Gastar Exploration Inc. on Monday cut its budget for the third time since September, saying it will now spend $103 million this year, as its portfolio is exposed to falling oil and natural gas prices in the Appalachian Basin and the Midcontinent.

February 3, 2015

Gastar Reports Progress at Its First WV Utica Well

Gastar Exploration Inc. said Monday it had reached a total depth of 11,410 feet at its first Utica Shale well in West Virginia, adding that the information it has gathered thus far about the formation is meeting the company’s expectations.

June 17, 2014

WV Pipeline Rupture Cuts Some Gastar Production

Gastar Exploration Inc. said late Monday that its production in Marshall County, WV, has been shut-in since Saturday due a weekend rupture and fire on a 12-inch diameter natural gas gathering pipeline (see Shale Daily,March 7).

April 8, 2014

Gastar to Drill Utica, Expand Hunton Limestone Operations in April

Gastar Exploration Ltd. executives said the company plans to spud its first test wells targeting the Utica Shale in West Virginia and the Hunton Limestone in Oklahoma next month, and will place more than a dozen Marcellus Shale wells into production during the rest of the year.

March 17, 2014

Industry Briefs

RCW Energy Serviceshas expanded its water-transfer business serving the Eagle Ford and other shale plays. The company opened an office in Pleasanton, TX, south of San Antonio, to the Eagle Ford and another office in Midland, TX, to serve the Permian Basin. Besides these two plays, RCW serves the Haynesville Shale.

September 25, 2013

Another Deal in Hand, Gastar Seeks Partner in Hunton Limestone

Gastar Exploration Ltd. is bolting on another 24,000 acres to its estimable leasehold in the Hunton Limestone in Oklahoma and is continuing to scout for a partner to help develop the property, now estimated to be about 132,400 net acres, the producer said late Thursday.

September 9, 2013
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