The costly and complex decision to shift from being one of the biggest natural gas producers to becoming one of the largest liquids operators showed some positives for Chesapeake Energy Corp. in the first three months of this year, which also gained on improving natural gas prices.
Largest
Articles from Largest
Sanchez Triples Production from Year Ago
Sanchez Energy Corp., which targets the liquids-rich Eagle Ford Shale, charted first quarter production of 355,000 boe, an increase of 106% from the fourth quarter and 320% from the year-ago period, the company said.
Energy & Exploration Expands Eaglebine Footprint
Energy & Exploration Partners Inc. (E&E) on Monday acquired 57,275 net acres and 11 producing wells in the East Texas Eaglebine formation from a subsidiary of Chesapeake Energy Corp.
Niobrara Gas Gusher Found in Colorado, WPX Says
One of the 10 largest U.S. natural gas producers, Tulsa, OK-based WPX Energy Inc., said Monday that its Niobrara formation discovery well in the Piceance Basin of western Colorado has exceeded 1 Bcf of production in a little more than 100 days of operation.
ExxonMobil, BHP Plan World’s Largest Floating LNG Plant
ExxonMobil Corp. and BHP Billiton are partnering to build the world’s largest floating liquefied natural gas (FLNG) processing and export plant off Australia’s northwest coast.
Marcellus Operators Churning Out 7 Bcf/d Plus
The Marcellus Shale today is the largest U.S. natural gas production region, with output of more than 7 Bcf/d, which has led to a “significant, positive” impact on early movers, but some operators continue to underperform share-wise in the play, according to IHS Inc.
Phillips 66 Moves to Leverage North American Shale Oil
Midstream and downstream energy giant Phillips 66 is positioning itself to take full advantage of the ongoing North American shale oil boom by inking a number of deals to increase supplies of cost-advantaged North American crude oil to its U.S. refineries.
Marcellus Changing Game For Some Producers; Some Still Lag
The Marcellus Shale today is the largest U.S. natural gas production region, with output of more than 7 Bcf/d, which has led to a “significant, positive” impact on early movers, but some operators continue to underperform share-wise in the play, according to IHS Inc.
Trust Plan Proposed for Canada’s Aging Pipelines
Canada’s 13 largest natural gas and oil pipeline companies have banded together to create an environmental pension plan to cover the costs of retiring facilities as age and evolving markets end their useful lives.
Wyoming Governor Lends Support to Natural Gas Project
The Continental Divide-Creston gas drilling project, which would be the largest in Wyoming, could add nearly 9,000 new wells on more than 6,100 well pads in Carbon and Sweetwater counties, creating thousands of jobs, but it needs to be done right, said Gov. Matt Mead.