Hours ahead of EQT Corp.’s second quarter conference call on Thursday, the company tied into sales its first Utica Shale well, the CEO said.
Guidance
Articles from Guidance
Sanchez Production Skyrocketing on South Texas Acquisition
Sanchez Energy Corp. has revised its spending and operations guidance following the closing of the acquisition of South Texas assets from Hess Corp.
NOV: Weak Demand for Pressure Pumping in North America
National Oilwell Varco Inc. (NOV) COO Clay Williams said Friday the company is facing “headwinds” in North America on weaker-than-expected demand for pressure pumping and equipment.
ExxonMobil, Qatar Petroleum Sign MOU on North American Unconventionals
ExxonMobil Corp. and Qatar Petroleum International (QPI) on Monday signed a memorandum of understanding (MOU) to jointly evaluate unconventional natural gas and associated liquids resources in North America, as well as global opportunities for liquefied natural gas (LNG).
Aurora Raises 2013 Eagle Ford Well Count
The U.S. unit of Australia’s Aurora Oil & Gas Ltd. has raised its 2013 guidance for Eagle Ford Shale well count by 25-30% and said it plans to spend $430-465 million this year on drilling and related infrastructure.
Key Drilling Ban Cases Heating Up in New York Courts
Supporters and opponents of shale development in New York State will get their day in court on Thursday, when a state appellate court in Albany takes on two key cases that could ultimately decide how much power municipal governments may wield in regulating oil and natural gas activities.
National Fuel Gas: Production to Jump Another 23% in 2014
National Fuel Gas Co. (NFG), which recently raised its production guidance for 2013 by 6 Bcfe to 102-112 Bcfe, said Monday it expects production to jump to 126-138 Bcfe in 2014.
Midstream Issues Cramp Gastar’s Style in the Marcellus
Gastar Exploration Ltd. plans to suspend its Marcellus Shale capital program “for a short period” during the second half of the year while it monitors production results and allows time for constraints in midstream services to be worked out, CEO Russ Porter said Tuesday.
EV Energy Partners Stock Down as Sale of Utica Assets Proves Elusive
Shares of EV Energy Partners LP (EVEP) took a hit Friday after the company announced net losses for the fourth quarter and full-year 2012, and said it could take anywhere from one month to the rest of the year to sell most of its acreage in the eastern Ohio portion of the Utica Shale.
Gulfport Reaffirms Commitment to Utica Drilling
Gulfport Energy Corp. officials have reaffirmed the company’s commitment to the Utica Shale, unveiling details of an accelerated, but cheaper, drilling plan coordinated with the construction of much-needed infrastructure in the play.