Operated

Southwestern Cutting Fayetteville Drilling for Marcellus

Proving that different shale plays have different economics, Southwestern Energy Co. plans to cut spending in the Fayetteville Shale and increase spending in the Marcellus Shale this year, the company said Tuesday.

February 29, 2012

Haynesville Drilling Dries Up, Says Nabors

Thirty-two of the dry natural gas rigs operated by Nabors Industries Ltd. in the Haynesville Shale have been redeployed to liquids areas “and we expect more of the remaining 26 to be diverted” soon, CEO Tony Petrello said last week.

February 27, 2012

Haynesville Gas Drilling Dries Up, Says Nabors

Thirty-two of the dry natural gas rigs operated by Nabors Industries Ltd. in the Haynesville Shale have been redeployed to liquids areas “and we expect more of the remaining 26 to be diverted” soon, CEO Tony Petrello said late Tuesday.

February 23, 2012

Most Dry Gas Rigs Moved Out of Haynesville, Says Nabors

Thirty-two of the dry natural gas rigs operated by Nabors Industries Ltd. in the Haynesville Shale have been redeployed to liquids areas “and we expect more of the remaining 26 to be diverted” soon, CEO Tony Petrello said late Tuesday.

February 23, 2012

Scientist: Quakes from Injection Wells Can Be Avoided

Earthquakes such as the one that forced a wastewater disposal well in Youngstown, OH, to be closed at the beginning of the year can be avoided if oil, natural gas and service companies are more knowledgeable of the local and regional geology.

January 30, 2012

Rex to Bring Utica Well Online in January

Rex Energy Corp. is reporting results from its first Utica Shale test well that exceed initial results from a Chesapeake Energy Corp. well drilled nearby earlier this year.

November 3, 2011

FERC: Shale Production Keeping Gas Prices Low

Natural gas production from the nation’s shale plays now accounts for more than one-quarter of U.S. production, compared with 5% in 2007, and is helping to keep gas prices among the lowest in a decade, according to FERC’s Office of Enforcement (OE).

October 21, 2011

Industry Briefs

Anschutz Exploration Corp. has exited the Bakken Shale play after closing the sale of its remaining operated and nonoperated oil and gas producing properties in the Williston Basin, including undeveloped acreage, to an undisclosed Canadian oil company for $115 million. The deal comes less than a year after the company sold 180,000 net acres to Oxy USA in December 2010 for $1.4 billion.

August 9, 2011

SandRidge Forms $500M Mississippi Lime JV with Atinum

SandRidge Energy will transfer a 13.2% interest in its Mississippian Lime play acreage in northern Oklahoma and southern Kansas to an affiliate of South Korean investment firm Atinum Partners Co. for $500 million, the Oklahoma City-based company said.

August 8, 2011

Cabot Sells Rockies Assets to Focus on Marcellus

Cabot Oil & Gas Corp. is backing out of the Rockies to focus on Appalachia and the Midcontinent.

July 29, 2011