U.S. natural gas production is expected to be higher in August from a year ago in six of seven major onshore basins, but output has begun to weaken as associated production slumps from the pullback in oil drilling, according to data compiled by the Energy Information Administration (EIA).
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MarkWest Continues Appalachian NatGas Processing Expansion
MarkWest Energy Partners LP is in the process of expanding its Bluestone Processing Facility in Western Pennsylvania by 400 MMcf/d.
MarkWest Continues Appalachian NatGas Processing Expansion
MarkWest Energy Partners LP is in the process of expanding its Bluestone Processing Facility in Western Pennsylvania by 400 MMcf/d.
U.S. Onshore Output Dipping, But Drilling Productivity Improving, Says EIA
Daily natural gas and oil production from the big U.S. unconventional plays is declining, but as better technology and more efficiencies are put into place…
U.S. Onshore Output Dipping, But Drilling Productivity Improving, Says EIA
Daily natural gas and oil production from the big U.S. unconventional plays is declining, but as better technology and more efficiencies are put into place, new wells are seeing stronger output, the Energy Information Administration (EIA) said.
Williston Basin Growth Is Key, ONEOK CEO Says
Growth in the Williston Basin in North Dakota is the key to ONEOK Partners expected ramp-up of natural gas and natural gas liquids (NGL) production in the second half this year, CEO Terry Spencer told financial analysts Wednesday.
EIA Says Oil Production Down in Eagle Ford, Bakken; NatGas Up in Haynesville
Crude oil production fell in the Eagle Ford and Bakken shales but increased in the Permian Basin in February, while natural gas production accelerated in the Haynesville Shale and isn’t projected to slow down through April, according to drilling productivity reports by the U.S. Energy Information Administration (EIA).
Cimarex Cuts Capex 50%, Going to Six Rigs in 2Q2015
Permian Basin and Midcontinent operator Cimarex Energy Co. reported record quarterly production for 4Q2014, as it cut its capital expenditures by half for 2015 and unveiled a plan to reduce its operated rig count to six during 2Q2015.
Big Seven Plays’ Gas, Oil Output Still Surging, EIA Says
Production from the nation’s seven most prolific shale and tight oil regions continues to surge ever higher and is expected to reach 45.44 Bcf/d of natural gas and 5.52 b/d of oil next month, according to the Energy Information Administration (EIA).
Stone Energy’s WV Utica Well Among Best Yet Tested
Stone Energy Corp.’s first Utica Shale well in West Virginia’s Wetzel County had a peak five-day test rate of 30 MMcf/d, the company said, in yet another confirmation of the formation’s potential in the state, where multiple operators began testing it this year (see Shale Daily, March 26).