Largest

Gulfport Energy Corp. has spud some of the largest producing wells in the Utica Shale to date, and the play continues to be the Oklahoma City-based operator’s “primary focus area,” according to CEO James Palm.

One of SandRidge Energy’s largest investors, hedge fund TPG-Axon Capital, is calling on the Oklahoma City-based exploration and production company to replace its CEO, realign its board of directors and consider the possible sale of the company.

Not all of the Northeast natural gas distribution companies survived Superstorm Sandy unscathed. National Grid, the largest gas distributor in the region, reported that parts of its system sustained heavy damages.

A Philadelphia councilman wants Philadelphia Gas Works (PGW), which is the nation’s largest municipally owned natural gas utility, to use natural gas produced in the Marcellus Shale instead of Gulf of Mexico (GOM) gas received via pipeline.

National Oilwell Varco Inc. (NOV), the largest oilfield equipment supplier in North America, beat profit forecasts in 3Q2012 on solid demand in the deepwater and overseas, but the U.S. land drilling market has stalled, executives said Thursday.

Encana Corp. CEO Randy Eresman, whose company is one of the largest onshore producers in North America, said last week the company remains “cautiously optimistic about our natural gas price recovery this year. We continue to see evidence on both the demand and supply front that supports this assertion.”

Encana Corp. CEO Randy Eresman, whose company is one of the largest onshore producers in North America, said Wednesday the company remains “cautiously optimistic about our natural gas price recovery this year. We continue to see evidence on both the demand and supply front that supports this assertion.”

National Oilwell Varco Inc. (NOV), the largest oilfield equipment supplier in North America, beat profit forecasts in 3Q2012 on solid demand in the deepwater and overseas, but the U.S. land drilling market has stalled, executives said Thursday.

The largest oilfield supplier in North America is seeing strong demand for its products and services in the deepwater and overseas, but the U.S. natural gas and oil onshore drilling market is going nowhere today.