Proved

Chesapeake Energy Corp. said in a regulatory filing Friday that it may have to delay some of the planned oil and natural gas asset sales this year, which could up be to $14 billion, because low natural gas prices may stretch its ability to comply with credit covenants.

PDC Mountaineer (PDCM), a joint venture (JV) of Petroleum Development Corp. (PDC) and Lime Rock Partners V LP, will temporarily suspend drilling in the Marcellus Shale “due to the current depressed natural gas price environment,” according to Denver-based PDC.

U.S. shale gas resources have proved to be a boon to the domestic economy and an aid to potential climate change policy, but there are risks in basing the country’s energy outlook on high expectations for recoverable reserves, according to a trio of energy economists.

U.S. shale gas resources have proved to be a boon to the domestic economy and an aid to potential climate change policy, but there are risks in basing the country’s energy outlook on high expectations for recoverable reserves, according to a trio of energy economists.

Unconventional shale gas in the United States has proved to be a boon to the domestic economy, but if it’s only a “bridge” to a low carbon future, efforts have to be stepped up to “prepare a landing at the other end” — and that won’t be easy, energy economists said in a new report.

Apache Corp. is picking up 254,000 net acres in the Granite Wash, Tonkawa, Cleveland and Marmaton plays in Oklahoma and Texas with estimated proved reserves of 71.5 million boe through a $2.85 billion deal to acquire privately held Cordillera Energy Partners III LLC, the Houston-based company said last week.

Apache Corp. is picking up 254,000 net acres in the Granite Wash, Tonkawa, Cleveland and Marmaton plays in Oklahoma and Texas with estimated proved reserves of 71.5 million boe through a $2.85 billion deal to acquire privately held Cordillera Energy Partners III LLC, the Houston-based company said Monday.

Apache Corp. is picking up 254,000 net acres in the Granite Wash, Tonkawa, Cleveland and Marmaton plays in Oklahoma and Texas with estimated proved reserves of 71.5 million boe through a $2.85 billion deal to acquire privately held Cordillera Energy Partners III LLC, the Houston-based company said Monday.

With recent production from the Eagle Ford Shale and Niobrara Formation, Carrizo Oil & Gas Inc. passed its target of 5,000 net b/d, the company announced Wednesday.