Marcellus

Antero Expecting Marcellus to Drive Double-Digit Output Growth This Year

Appalachian heavyweight Antero Resources Corp. finished 2018 by surpassing the 3 Bcfe/d production mark, volumes underpinned by a massive position in the southwestern core of the Marcellus and Utica shales that’s once again expected to drive double-digit output growth this year as other operators scale back.

February 15, 2019
Antero Surpasses 3 Bcfe/d Milestone in Appalachia

Antero Surpasses 3 Bcfe/d Milestone in Appalachia

Appalachian pure-play Antero Resources Corp. turned more wells to sales in the third quarter than it has during any period in its history following a packed stretch of activity that will allow the company to slow down as the year comes to an end.

November 7, 2018
E&Ps Commit to Leidy South Expansion to Boost Appalachian Takeaway

E&Ps Commit to Leidy South Expansion to Boost Appalachian Takeaway

Just days after Williams reached the finish line on its Atlantic Sunrise project, Transcontinental Gas Pipe Line Co. (Transco) has secured 15-year commitments for 100% of the proposed Leidy South expansion, another Marcellus and Utica shale takeaway project designed to serve East Coast markets.

October 9, 2018

Cabot Pulls Plug on Permian Exploratory Effort, Pushes Ahead in Ohio

Cabot Oil & Gas Corp. is pulling up stakes and halting exploratory efforts for oil in one of two prospective areas it identified for tests early last year after incurring $51.1 million of dry hole costs during the second quarter.

July 27, 2018

CNX Sees Stacked Pay Well Pads as Appalachia’s Next ‘Basin Disruptor’

The super-sized well pads targeting multiple horizons that CNX Resources Corp. plans to increasingly develop in the coming years will “disrupt” the Appalachian Basin, a company executive said this month at an industry conference in Pittsburgh.

June 22, 2018

UGI to Expand Northeast Pennsylvania Natural Gas Gathering System

A UGI Corp. subsidiary said this week it would expand its Auburn natural gas gathering system in Northeast Pennsylvania because of growing Marcellus Shale volumes.

May 23, 2018

CNX Utica Volumes Soar in First Quarter; Coal Exit Complete

CNX Resources Corp. reported a 184% year/year (y/y) increase in Utica Shale volumes during the first quarter, as it continues to build more of the play into its development program.

May 3, 2018

Antero Drills Its Longest Laterals to Date in Appalachia

Antero Resources Corp. continued favoring its Marcellus Shale assets in West Virginia during the first quarter, where it completed its longest lateral to date at nearly 14,400 feet.

May 1, 2018
For First Time Since 1958, U.S. Became Net Natural Gas Exporter Last Year, FERC Says

For First Time Since 1958, U.S. Became Net Natural Gas Exporter Last Year, FERC Says

The United States became a net exporter of natural gas in 2017 for the first time since 1958, as increasing shipments of liquefied natural gas (LNG) to world markets and pipeline deliveries to Mexico exceeded imports, according to FERC.

April 19, 2018

Eclipse Resources Hires Financial Adviser for Strategic Review

Appalachian pure-play Eclipse Resources Corp. said this week that it is exploring a “full range” of strategic, operational and financial alternatives to maximize shareholder value.

March 27, 2018