Horizontal

Range Resources Corp., an early pioneer in the Barnett Shale that has since taken its estimable talents to the Marcellus, on Wednesday saw its share price jump almost 20% in early trading after reports surfaced that Royal Dutch Shell plc or another major oil company might make a bid for the company.

Penn Virginia Corp. CEO H. Baird Whitehead admitted to financial analysts Thursday that the company is “essentially a one-trick pony at this moment” due to its heavy focus on the Eagle Ford Shale of South Texas. However, he said, “we think it’s a pretty good-looking pony.”

EQT Corp. recently announced early results of a new completion technique in the Marcellus Shale that it said could increase production more than 50%.

North America’s strong natural gas supply outlook is thanks to what has taken place below ground: horizontal drilling with long laterals and hydraulic fracturing well stimulation. However, what is happening above ground may determine to what extent these efforts will benefit the country’s energy security.

North America’s strong natural gas supply outlook is thanks to what has taken place below ground: horizontal drilling with long laterals and hydraulic fracturing well stimulation. However, what is happening above ground will determine to what extent these efforts will benefit the country’s energy security.

North America’s strong natural gas supply outlook is thanks to what has taken place below ground: horizontal drilling with long laterals and hydraulic fracturing well stimulation. However, what is happening above ground will determine to what extent these efforts will benefit the country’s energy security.

New York Attorney General Eric Schneiderman plans to sue the federal government if it does not commit within 30 days to conduct a full environmental review of regulations proposed by the Delaware River Basin Commission (DRBC) that would allow natural gas development projects — with conditions — in affected areas of the Marcellus Shale.

Australia’s Eureka Energy Ltd. recently agreed to acquire 3,975 net acres in Burleson and Washington counties, TX, within the eastern liquids-rich fairway of the Eagle Ford Shale. The acreage potentially is within the gas condensate window as well, the company said.

Horizontal drilling and hydraulic fracturing are on the rise, necessitating expansion of Weir Oil & Gas unit Weir SPM’s manufacturing and services facility in Fort Worth, TX, the company said.