Quarter

Rice Energy Targeting More Than 2 Bcfe/d Production by 2019

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.

May 5, 2017

Great Scott! Eclipse Beats Its Record, Drills 19,300-Foot Lateral in Ohio

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.

May 5, 2017

Enable Launches Anadarko Basin NatGas Project; Gathered Volumes Rose During Q1

Enable Midstream Partners LP on Wednesday announced a new Anadarko Basin rich gas takeaway project called Project Wildcat.

May 4, 2017
Devon Talks Growth in Permian, STACK, Puts $1B of Noncore Assets on Auction Block

Devon Talks Growth in Permian, STACK, Puts $1B of Noncore Assets on Auction Block

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).

May 4, 2017

Williams 1Q Northeast Gathering Volumes, Earnings Climbed

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.

May 4, 2017
Consol Energy On Track to Divest Up to $300M of Noncore Assets By Mid-Year

Consol Energy On Track to Divest Up to $300M of Noncore Assets By Mid-Year

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.

May 2, 2017

ConocoPhillips Lower 48 Output Stronger Than Previously Anticipated

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.

May 2, 2017
NOV Books 75,000 HHP in First Quarter as Shift to U.S. Onshore Continues

NOV Books 75,000 HHP in First Quarter as Shift to U.S. Onshore Continues

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.

April 27, 2017

Consolidation Key to Appalachian Success, EQT CEO Says

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.

April 27, 2017

Range Resources Ready to Put Mark on New North Louisiana Assets

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.

April 25, 2017