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Grew

Cabot Output Up as Marcellus Midstream Expands

Houston-based Cabot Oil & Gas Corp. grew its natural gas production by 31% and its liquids production 61% during the third quarter compared to year-ago levels, the company said. It credited much of the growth to the Marcellus Shale, where infrastructure constraints that delayed some wells during the second quarter have been overcome. Production during the quarter was 66.5 Bcfe: 62.7 Bcf of natural gas and 629,000 bbl of liquids.

October 29, 2012

Natural Gas Storage Capacity Up 3% in 2011

With dry gas supplies ballooning, it’s probably a good thing that the industry grew demonstrated peak working capacity in underground storage caverns last year, according to the Energy Information Administration (EIA). From April 2011 to April 2012, Lower 48 state capacity increased 3%, or 136 Bcf, to 4,239 Bcf, according to a new EIA report.

September 17, 2012

EIA: Gas Storage Capacity Grew 3% Last Year with More to Come

With dry gas supplies ballooning, it’s probably a good thing that the industry grew demonstrated peak working capacity in underground storage caverns last year, according to the Energy Information Administration (EIA). From April 2011 to April 2012, Lower 48 state capacity increased 3%, or 136 Bcf, to 4,239 Bcf, according to a new EIA report.

September 13, 2012

Long-Haul Gas Pipe Throughput Growth Fails to Match ROE

Throughput volumes on long-haul natural gas pipelines grew 4.1% in 2011, compared to flat growth between 2007 and 2010, but the increase was not realized in return on equity (ROE) and earnings before interest, taxes, depreciation and amortization (EBITDA), despite the significant capital spent in the sector over the last few years, according to a report ranking investment risks by Houston-based U.S. Capital Advisors.

September 3, 2012
Sanchez Energy: Plenty of Eagle Ford Running Room

Sanchez Energy: Plenty of Eagle Ford Running Room

Houston-based Sanchez Energy Corp., which holds a 95,000 net acre position in the liquids-rich Eagle Ford Shale, highlighted the performance of recent wells and said they “demonstrate the progress made in substantially derisking the majority of the company’s acreage position in the Eagle Ford Shale trend.”

August 29, 2012

Northern Natural, KM Interstate, Southern Star Said to Be Highest Investment Risk Pipes

Throughput volumes on long-haul natural gas pipelines grew 4.1% in 2011, compared to flat growth between 2007 and 2010, but the increase is not being realized in return on equity (ROE) and earnings before interest, taxes, depreciation and amortization (EBITDA), despite the significant capital spent in the sector over the last few years, according to a report ranking investment risks by Houston-based U.S. Capital Advisors.

August 29, 2012

Independent Hits ‘Turning Point’ in Eagle Ford Program

Houston-based Sanchez Energy Corp.’s proved reserves grew by 125% to 15 million boe during the first half of the year, up from 6.7 million boe at the end of last year, the company said. The company has about 95,000 acres in the Eagle Ford Shale.

July 20, 2012

North Dakota Again Busts Output Records, Straining Infrastructure

North Dakota continued setting new oil and natural gas production records in April, but drilling equipment shortages grew, increasing the estimated number of idle wells by 76 in April.

June 21, 2012

Antero Plans to Expand in Marcellus; Production Up in 1Q2012

With net production up more than 83% from the prior-year quarter, Antero Resources said Monday that it plans to expand its operations in the Marcellus Shale but will hold the line in the Piceance Basin and the Woodford and Fayetteville shales.

May 16, 2012

Big Three Texas Plays Lift Pioneer’s Production

During the first quarter Pioneer Natural Resources Co. grew production by 10,000 boe/d to 147,000 boe/d, a 7% increase from the year-ago period, thanks to growth in its three core liquids-rich assets in Texas: the Spraberry field, the Eagle Ford Shale and the Barnett Shale Combo play.

May 8, 2012