Basic Energy Services Inc., which provides well site services across the U.S. onshore, said its rig count remained unchanged month/month in July, but well servicing rig hours declined both sequentially and from a year ago.
Hours
Articles from Hours
Marcellus Shale Projects Boosting Building Trades
While construction projects and jobs in non-shale gas related industries declined sharply from 2008 to 2014, tradesman in five states within or near to the Marcellus Shale worked more hours and benefited heavily from investments in the formation’s development, according to a new study.
West Virginia County to Pay Clerks Overtime for Extended Hours
A West Virginia county has changed course and will now pay overtime to employees in the county clerk’s office for extended hours to allow increased access to public records for Marcellus Shale development.
EQT Achieves 1 Bcfe/d in Appalachian Output
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.
EQT Ramps Up First Utica Well, Achieves 1 Bcfe/d in Appalachian Output
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.
Ohio Utica Drilling Permits Surpass 400
The Ohio Department of Natural Resources (ODNR) said it has issued 431 permits for drilling horizontal wells into the Utica Shale.
Magnum Hunter Building Out Appalachian Assets
Magnum Hunter Resources Corp. is expanding its operations in the liquids-rich Marcellus Shale.
Raucous New York Hearing Drills Down on Proposed Shale Rules
New York’s top environmental regulator on Thursday spent nearly three hours defending his agency’s proposed rules to allow expanded natural gas drilling using hydraulic fracturing (fracking) before a panel of skeptical state legislators and a raucous audience.
ExxonMobil Secures Shale Leases in Ohio
Landowners in Belmont County, OH, which has become a hotbed of activity for prospective shale exploration, are signing leases with ExxonMobil Corp. subsidiary XTO Energy Inc. to allow drilling to begin on their acreage, the company has acknowledged.
Icahn Again Extends Deadline for Dynegy Bid
Just hours after its tender offer of $5.50/share, or $665 million in aggregate, for Dynegy Inc. was due to expire, Icahn Enterprises subsidiary IEH Merger Sub LLC extended the deadline until 5 p.m. EST Monday “to allow additional time for FERC approval,” the company said.