Marcellus

Cabot Oil & Gas Corp. plans to increase capital spending and production next year, primarily in the Marcellus Shale of northeastern Pennsylvania, as it gears up to fill a series of infrastructure projects that are slated to come online.

Akron, OH-based Pin Oak Energy Partners LLC continued a buying spree on Wednesday, announcing that it had completed a transaction to acquire 4,300 gross acres in northwest Pennsylvania from Seneca Resources Corp.

Now that Energy Transfer Partners LP’s (ETP) Rover Pipeline is officially up and running, offering more than 700 MMcf/d out of eastern Ohio, the market is getting its first taste of the project’s potential impact on Appalachian production and pricing.

Chesapeake Energy Corp. CEO Doug Lawler said the independent isn’t currently looking to sell any of its core acreage, but it could conceivably part with one of its “six big powerful assets” where it holds a significant land position.

Ohio’s unconventional oil and natural gas production continued to tick upward in the second quarter, as it has since the end of last year when operators began to shake off the downturn’s rust.

Consol Energy Inc. announced Tuesday that it has lowered 2017 exploration and production (E&P) division guidance to 405-415 Bcfe from the previous range of 420-440 Bcfe, citing a variety of reasons for the reduction.

The Pennsylvania Department of Environmental Protection (DEP) plans to raise fees it levies on operators of unconventional wells, but did not say by how much.

Two natural gas-directed rigs packed up in the United States during the week as the Haynesville Shale continued its comeback, according to data released Friday by Baker Hughes Inc. (BHI).

Houston-based super independent Noble Energy Inc. delivered a 7% sequential gain for volumes during the second quarter, driven in part by record output from the Eagle Ford Shale and Denver-Julesburg (DJ) Basin.