Prolific

OPEC Feeling the Weight of U.S. Shales

Prolific oil production from U.S. shales is weighing on the need for imports, OPEC acknowledged in its latest Monthly Oil Market Report (MOMR), and analysts at Barclays predicted that the Organization of the Petroleum Exporting Countries will see its influence over market balances decline over the next few years.

July 15, 2013

OPEC Feeling the Weight of U.S. Shales

Prolific oil production from U.S. shales is weighing on the need for imports, OPEC acknowledged in its latest Monthly Oil Market Report (MOMR), and analysts at Barclays predicted that the Organization of the Petroleum Exporting Countries will see its influence over market balances decline over the next few years.

July 12, 2013
Shales Continue Pushing Lower 48 Production Higher

Shales Continue Pushing Lower 48 Production Higher

Natural gas production in the Lower 48 and Other States categories, which include some of the nation’s most prolific shale plays, was up in February compared with January and with February 2012, according to the Energy Information Administration’s (EIA) Monthly Natural Gas Gross Production Report.

May 2, 2013

Resolute Rethinks Permian Plan, Production Outlook

Resolute Energy Corp. said Friday it plans to run with the Wolfcamp pack this year and increase net production by more than 50% over the 2012 level, reflecting, in part, recent acquisitions in Midland and Ector counties, TX.

April 8, 2013

Chevron Touts St. Malo Test in Deepwater GOM

Chevron Corp. has conducted a successful production test on the St. Malo PS003 well in the prolific Lower Tertiary Trend in the deepwater Gulf of Mexico (GOM), with low rates, though limited by testing equipment constraints, exceeding 13,000 b/d of oil, the operator said Thursday.

March 1, 2013

Chesapeake to Reverse Natural Gas Production by Year’s End, Says CEO

Chesapeake Energy Corp., the most prolific driller and the second largest natural gas producer in the United States, wrote down $2 billion in natural gas reserves in 3Q2012, which wiped out the equivalent of 4.9 Tcf of its reserves and triggered the company’s biggest net loss in three years.

November 5, 2012

Chesapeake to Reverse Natural Gas Output by Year’s End, Says CEO

Chesapeake Energy Corp., the most prolific driller and the second largest natural gas producer in the United States, wrote down $2 billion in natural gas reserves in 3Q2012, which wiped out the equivalent of 4.9 Tcf of its reserves and triggered the company’s biggest net loss in three years.

November 5, 2012

EOG’s ‘Big Four’ Plays Boost Oil, Liquids Production

First quarter performance from EOG Resources Inc.’s “big four” oil and liquids plays was substantial enough to raise this year’s total company liquids production growth target to 33% from 30% and increase the overall production growth target to 7% from 5.5%.

May 10, 2012

In Nod to Municipalities, Bradford County OKs Impact Fee

Commissioners in Bradford County, PA — one of Pennsylvania’s most prolific counties for unconventional natural gas drilling — joined nearly all of their contemporaries in the Marcellus Shale and voted unanimously in favor of implementing the state’s impact fee on unconventional gas drilling on Thursday.

April 13, 2012

EIA Cuts Gas Price Projection, Cites Bulging Supplies

The Energy Information Administration (EIA) has revised downward by 21% its projection for natural gas prices this year, citing abundant storage levels and prolific production.

April 11, 2012
‹ Previous 1 2 3 9