Player

EQT Official: Industry Must Educate ‘One-on-One’

The Marcellus Shale industry shouldn’t discount new regulations outright, according to the head of one major midstream player.

March 25, 2011

Energy Transfer to Pump $300M Into Eagle Ford Infrastructure

Responding to the requests of customers as oil and natural gas development continues to increase in the Eagle Ford Shale of South Texas, Energy Transfer Partners LP (ETP) said Friday it has entered into multiple long-term agreements with shippers to provide additional transportation services, which will require new infrastructure including the construction of the Rich Eagle Ford Mainline (REM).

February 22, 2011

Atlas JV Partner Questions Chevron Merger

The $4.3 billion tie-up that would merge shale player Atlas Energy Inc. with Chevron Corp. has stirred up a controversy with Atlas’ well-heeled joint venture (JV) partner Reliance Industries Ltd., whose management suggested in recent correspondence that it may be considering a counter proposal.

February 7, 2011

Atlas JV Partner Questions Chevron Merger

The $4.3 billion tie-up that would merge shale player Atlas Energy Inc. with Chevron Corp. has stirred up a controversy with Atlas’ well-heeled joint venture (JV) partner Reliance Industries Ltd., whose management suggested in recent correspondence that it may be considering a counter proposal.

February 4, 2011

Gas Prices Holding Down Consol’s Marcellus Build-Up

Consol Energy Inc. has reduced a planned build-up of its horizontal rig fleet in the Marcellus Shale due to low natural gas prices, the Appalachian Basin player said Thursday.

January 31, 2011

Gas Prices Holding Down Consol’s Marcellus Build-Up

Consol Energy Inc. has reduced a planned build-up of its horizontal rig fleet in the Marcellus Shale due to low natural gas prices, the Appalachian Basin player said Thursday.

January 31, 2011

Magnum Hunter Touts Reserves Growth; Bags Bakken Trophy

Shale player Magnum Hunter Resources Corp. grew its total proved reserves by 116% last year, and the value of reserves grew 171% from the year-ago period, the Houston-based company said last week. And there will be more growth like that this year as the company, which has been on the prowl for unconventional gas and oil resources for several months, last week agreed to pay $325 million to acquire Bakken Shale producer NuLoch Resources Inc.

January 24, 2011

Magnum Hunter CEO Predicts ‘Exceptional’ Reserves Growth

Shale player Magnum Hunter Resources Corp. grew its total proved reserves by 116% last year, and the value of reserves grew 171% from the year-ago period, the Houston-based company said Tuesday. And there will be more growth like that this year if the company’s CEO is correct.

January 19, 2011

Atlas Acquisition Not Shift in Strategy, Says Chevron CEO

Chevron Corp. CEO John Watson said Thursday the buy-out of Marcellus Shale player Atlas Energy Inc. didn’t signal a fundamental shift in the company’s strategy; rather, it was an attractive opportunity that came at the right time.

November 15, 2010

Consol Posts Record Quarterly Gas Production

Appalachian Basin player Consol Energy Inc. may be known as a coal producer, but the company’s natural gas profile is growing in prominence.

October 15, 2010