Jumping

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.

July 26, 2013

Chesapeake Jettisons More Pennsylvania Acreage to EQT

Chesapeake Energy Corp. on Friday agreed to sell an estimated 99,000 net acres in southwestern Pennsylvania, including 10 wells, to EQT Corp. for $113 million, which puts the sale price at roughly $876/acre.

May 6, 2013

ExxonMobil Output Slumps, Chevron’s Strengthens

ExxonMobil Corp.’s profits climbed 6% year/year in 4Q2012, with annual earnings jumping 9%, despite a steep fall-off in global natural gas and oil production, the supermajor reported on Friday. Until natural gas prices are revived, the producer will direct most of North American unconventional spending on liquids and oil, the investor relations chief said Friday.

February 4, 2013

ExxonMobil Output Drops, Chevron’s Rises

ExxonMobil Corp.’s profits climbed 6% year/year in 4Q2012, with annual earnings jumping 9%, despite a steep fall-off in global natural gas and oil production, the supermajor reported on Friday. Chevron Corp., however, reported strong year/year (y/y) earnings and higher production.

February 4, 2013

ExxonMobil Profits Up, Output Down; Chevron the Reverse

ExxonMobil Corp.’s profits climbed 6% year/year in 4Q2012, with annual earnings jumping 9%, despite a steep fall-off in global natural gas and oil production, the supermajor reported on Friday.

February 4, 2013

Nova Poised to Supply Corunna Cracker with Marcellus Ethane

After a year of jumping through regulatory hoops, Canada’s biggest and oldest petrochemical complex, Nova Chemicals, is poised to become a U.S. export customer of unconventional gas and liquids.

January 14, 2013

Nova Chemicals Sourcing Marcellus Ethane for Sarnia Complex

After a year of jumping through regulatory hoops, Canada’s biggest and oldest petrochemical complex is poised to become a customer for exports of U.S. shale gas and liquids production.

January 14, 2013

Appetite Appears to Drop for Oil, Gas M&A

Instead of jumping in, natural gas and oil companies instead may wade into the mergers and acquisitions (M&A) pool this year until they have more confidence in the broader business environment, according to the sixth Ernst & Young Global Capital Confidence Barometer.

May 14, 2012

Appetite Drops for Oil, Gas M&A, Says Survey

Instead of jumping in, natural gas and oil companies instead may wade into the mergers and acquisitions (M&A) pool this year until they have more confidence in the broader business environment, according to the sixth Ernst & Young Global Capital Confidence Barometer.

May 10, 2012

Marcellus Production Jumping for National Fuel’s Seneca Arm

Appalachian production for the exploration and production (E&P) arm of National Fuel Gas Co. escalated in the last quarter of 2010 at a triple-digit pace year/year, jumping 184% to 8.1 Bcfe, with most of the gains — 5.9 Bcfe — from the Marcellus Shale, executives said Friday.

February 7, 2011
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