Chesapeake Energy Corp., the second largest natural gas producer in the United States, has shut in 1 Bcf/d gross through October, CEO Aubrey McClendon told investors on Wednesday.
Offset
Articles from Offset
Federal Agency Budgets Target Hydraulic Fracturing Studies
President Obama’s fiscal 2013 budgets for the Environmental Protection Agency (EPA), Department of Energy (DOE) and Department of Interior (DOI) propose funding directed at assessing the impact of hydraulic fracturing (fracking) of shale.
Out-of-Work Gas Rigs Get Oil Jobs, Driller Says
The natural gas market may be in a “dire state,” but Tulsa-based contract driller Helmerich & Payne Inc. is poised to benefit as customers migrate to oil and liquids-rich shale plays where its high-performance AC-drive rigs are well suited to the more complicated work, CEO Hans Helmerich said Tuesday.
Some Northeast Points Dive; Small Gains Reported Elsewhere
Natural gas prices were a mixed bag on Tuesday with mild weather and tumbling prices in the Northeast offset by nominal gains in other most other regions as traders grappled with the combination of stronger futures prices and a winter storm lashing the Great Plains.
Barnett, Horn River Boost Quicksilver Production
The Barnett Shale and Horn River Basin lifted Fort Worth-based Quicksilver Resources Inc. to a quarterly production record during the third quarter while the company continued to chip away at its substantial debt.
Rally Fades With Losses at Nearly All Points
Arrival of some heating load fails to offset recognition of generally weak weather fundamentals.
Raymond James to Gas Bulls: Get Real
Reality suggests that even with a “modest” decline in the U.S. natural gas rig count in 2012, structural drivers should “more than offset” the drop and gas supply growth even may accelerate over the coming year, the energy team with Raymond James & Associates Inc. said last week.
Raymond James to Gas Bulls: Get Real
Reality suggests that even with a “modest” decline in the U.S. natural gas rig count in 2012, structural drivers should “more than offset” the drop and gas supply growth even may accelerate over the coming year, the energy team with Raymond James & Associates Inc. said late Monday.
Nabors CEO: U.S. Offshore Delays Weigh on Projected Growth
Continued growth in the U.S. and Canadian onshore unconventional businesses will help to offset disappointing performances in 2Q2011 from the pressure pumping, U.S. offshore and international units, Nabors Industries Ltd. CEO Gene Isenberg said Monday.
West Virginia City Might Take Driller to Court
Officials with the City of Morgantown, WV, said the city might take Northeast Natural Energy (NNE) to court if the city passes an ordinance banning hydraulic fracturing (hydrofracking) and the company subsequently starts using the practice at two Marcellus Shale gas wells.