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Encana Selling Slice of Gassy Montney Portfolio for $488M

Encana Selling Slice of Gassy Montney Portfolio for $488M

Encana Corp. agreed Tuesday to sell Birchcliff Energy Ltd. its Gordondale properties in the Montney formation for $488 million (C$625 million).

June 22, 2016

IHS: Permian Offshoot Making Producers Wait Longer For Payback

Despite cost declines, depressed commodity prices generally don’t support drilling in the Northern Midland Basin, a subbasin of the Permian, according to IHS Energy.

November 12, 2015
Continental Springs New Shale Play Within SCOOP

Continental Springs New Shale Play Within SCOOP

Continental Resources Inc. (CLR) had prospectors beating a path to Oklahoma following strong well results two years ago in the South Central Oklahoma Oil Province, which it dubbed the SCOOP. Initial well results from a stealth discovery that it disclosed Thursday in the heart of the SCOOP, the Springer Shale, may draw even more.

September 18, 2014
Halcon Joins TMS Flock

Halcon Joins TMS Flock

While raising estimated ultimate recoveries (EUR) in its Williston Basin and East Texas Eagle Ford plays Houston-based Halcon Resources Corp. has added the Tuscaloosa Marine Shale (TMS) as a third core area.

February 27, 2014
Oklahoma Drawing Prospectors to Stacked Woodford, Mississippian

Oklahoma Drawing Prospectors to Stacked Woodford, Mississippian

An ancient geologic play is drawing new prospectors saddled with state-of-the-art technology into the Anadarko Basin of Oklahoma, where an Aubrey McClendon affiliate this week nabbed about 120,000 net acres and 6,000 net boe/d in a combination stacked play of the Woodford Shale/Mississippian Lime.

February 25, 2014

REX’s Shale Expressway Raises Toll Concerns

Rockies Express Pipeline LLC (REX) is working to remake itself for the shale gas world — to become an east-to-west shale gas expressway — but legacy shippers are balking.

July 19, 2013
Rail Transport ‘Critical’ to North Dakota, Officials Say

Rail Transport ‘Critical’ to North Dakota, Officials Say

While acknowledging that rail shipments are a vital part of the burgeoning Bakken Shale play, North Dakota energy officials on Monday refused to speculate on the eventual impact of the oil rail car derailment and fire in Quebec, Canada, on their state’s soaring production (see Shale Daily, July 16).

July 18, 2013
North Dakota Production Soars While Well Completions Slow

North Dakota Production Soars While Well Completions Slow

Driven by the Bakken Shale play, North Dakota’s oil and natural gas production continued to soar in May, but well completion rates were slowing amid a continued boom for drilling new wells, according to the latest monthly report from the state’s Department of Mineral Resources (DMR).

July 16, 2013

Maryland Floats Draft Fracking Rules

Maryland’s Department of Environment (MDE) and Department of Natural Resources have released a draft report describing best practices for drilling and production that should be required if horizontal drilling and hydraulic fracturing of natural gas wells is permitted in the state’s portion of the Marcellus Shale, which is confined to its two westernmost counties.

June 28, 2013
Sanchez Triples Production from Year Ago

Sanchez Triples Production from Year Ago

Sanchez Energy Corp., which targets the liquids-rich Eagle Ford Shale, charted first quarter production of 355,000 boe, an increase of 106% from the fourth quarter and 320% from the year-ago period, the company said.

April 24, 2013
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