Magnum Hunter Resources Corp. brought online two new company-operated Eagle Ford Shale wells three days before Christmas. The wells’ best-ever results for the company in the Eagle Ford could have Magnum Hunter rethinking its idea of divesting Eagle Ford properties, said CEO Gary C. Evans.
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Natural Gas Shale Takes Money to Make Money…Eventually
Natural gas shale plays have become “relatively well delineated,” which is sending production costs south in many onshore basins, a trend that should continue as adequate infrastructure opens the door to more opportunities, according to Credit Suisse’s energy team.
200 MMcf/d of New Processing Online in Eagle Ford
Teak Midstream LLC’s 200 MMcf/d Silver Oak cryogenic gas processing plant is now online in South Texas, along with 250 miles of gathering and residue delivery pipelines, the company said Tuesday.
These Artists Don’t Like Fracking
She was blamed by many for breaking up The Beatles, and what John Lennon’s widow Yoko Ono and his son Sean Lennon are trying to do to hydraulic fracturing (fracking) won’t endear her to oil and gas producers either.
‘Haynesville’ Director Premiers Energy Short Films Series
The first four in a series of 10 short films on energy from the director and producer of “Haynesville: A Nation’s Hunt for an Energy Future” (see Shale Daily, Nov. 23, 2010) debuted at the Aspen Ideas Festival in Colorado this week.
Anadarko Building Eagle Ford Processing Plant
Anadarko Petroleum Corp. has begun building the Brasada Gas Plant in La Salle County, TX, which is expected to come online in 2Q2013 with initial capacity to process up to 200 MMcf/d of liquids-rich natural gas from the Maverick Basin, where the company operates on about 400,000 gross acres.
Texas Regulator Proposes Flaring Measures
Railroad Commission of Texas (RRC) Commissioner David Porter said Wednesday the state must work to mitigate the impact of numerous gas flares across the state as Texas develops its oil and gas reserves from shale plays.
MarkWest Expanding Marcellus Midstream Capacity
MarkWest Energy Partners LP has launched midstream expansions for gathering facilities in two areas of West Virginia and in southwestern Pennsylvania to support growing natural gas production for affiliates of Chesapeake Energy Corp. and Antero Resources Corp.
Industry Brief
Cardinal Midstream LLC has brought a third cryogenic gas processing plant online in the Arkoma Woodford Shale, and it now has 220 MMcf/d of operated cryogenic processing capacity in the Oklahoma play. The new Tupelo Plant in Coal County, OK, is capable of processing 120 MMcf/d. Cardinal’s Coalgate Plant, an 80 MMcf/d facility, is adjacent to Tupelo, and the Atoka Plant in Atoka County, has a capacity of 20 MMcf/d. Cardinal Midstream President R. Mack Lawrence said the company was expanding its gathering system and “evaluating further processing capacity expansions given the level of drilling activity on dedicated acreage and the quality and production volume we’re seeing from the rich gas wells in the play.”
Best Shale Practices Can Keep Feds At Bay, Dorgan Says
The federal government isn’t planning a “full court press” on the natural gas industry, but it will if best management practices and state regulations aren’t effective, a former U.S. senator told an audience in Pittsburgh Tuesday.