Rice Energy Inc. on Thursday unveiled a three-year growth plan that calls for the company to produce up to 2.2 Bcfe/d by 2019.
Articles from Quarter
Eclipse Resources Corp. has again drilled what management believes is the world’s longest onshore lateral, reporting that the Great Scott 3H well in Ohio’s Utica Shale condensate window has a total measured depth (TMD) of 27,400 feet and a lateral of 19,300 feet.
Enable Midstream Partners LP on Wednesday announced a new Anadarko Basin rich gas takeaway project called Project Wildcat.
Devon Energy Corp. expects to ramp up to 20 rigs by the end of 2017 as it focuses on oilier opportunities in the Permian Basin and Oklahoma’s STACK (aka, the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties).
During the first quarter, Williams Partners LP saw improved net income and adjusted earnings compared with the year-ago quarter. While rough weather caused production freeze-offs in the Rockies, it drove up throughput on Northwest Pipeline. Northeast gathering and processing volumes were up as well.
While it has sold billions of dollars of coal assets in the last five years, an improving commodity price environment and the recent dissolution of a Marcellus Shale joint venture (JV) allowed Consol Energy Inc. to recently close on three noncore exploration and production (E&P) asset sales for $108 million.
ConocoPhillips Lower 48 unconventional production troughed a bit sooner than the company expected — during the first quarter instead of the second. And now production is up from what was only recently planned, Alan Hirshberg, executive vice president for production, drilling and projects said Tuesday.
Drilling technology expert National Oilwell Varco Inc., which has steadily shifted its operational focus to U.S. land business, booked 75,000 hydraulic horsepower (hhp) fracturing equipment orders during the first quarter, bringing its total at the end of March to 150,000 hhp.
EQT Corp. said Thursday that it has acquired 220,000 core Marcellus Shale acres since the beginning of last year, more than any other Appalachian operator since 2015, adding that it plans to continue consolidating assets this year.
While it leaned on the Appalachian Basin to drive production and benefited from an improved market to deliver solid financial results, Range Resources Corp. had a busy first quarter in North Louisiana, where it has been learning more about the Cotton Valley Sands Terryville Complex.