Shares of EV Energy Partners LP (EVEP) took a hit Friday after the company announced net losses for the fourth quarter and full-year 2012, and said it could take anywhere from one month to the rest of the year to sell most of its acreage in the eastern Ohio portion of the Utica Shale.
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U.S. Proppant Maker Squeezing Out Chinese Product
Despite some fall-off, Houston-based CARBO Ceramics Inc. Thursday said it continues to see strong ceramic proppant sales volumes in the active major shale plays such as the Eagle Ford, Permian and Bakken.
Antero Plans to Expand in Marcellus; Production Up in 1Q2012
With net production up more than 83% from the prior-year quarter, Antero Resources said Monday that it plans to expand its operations in the Marcellus Shale but will hold the line in the Piceance Basin and the Woodford and Fayetteville shales.
Antero Pays $193M to Increase Marcellus Leasehold
Antero Resources has acquired from CONSOL Energy a 7% overriding royalty interest in approximately 115,647 net acres in the Marcellus Shale in southwestern Pennsylvania and north central West Virginia for $193 million, the companies said Monday. The deal closed Sept. 21 with an effective date of July 1, 2011.
Energy M&A Market Strengthening
With improved credit markets and increased CEO confidence, the U.S. market for oil and gas mergers and acquisitions (M&A) in 2Q2010 reached its highest level in more than six quarters, according to a survey by PricewaterhouseCoopers LLP (PwC).
U.S. M&A Market Strengthens in Quarter
With improved credit markets and increased CEO confidence, the U.S. market for oil and gas mergers and acquisitions (M&A) in 2Q2010 reached its highest level in more than six quarters, according to a survey by PricewaterhouseCoopers LLP (PwC).
El Paso Prepares for ‘Capital Intensive’ 2010
El Paso Corp. on Thursday unveiled plans to fund $4.1 billion in capital development in 2010, with almost three-quarters of the total amount set aside for domestic natural gas pipeline projects — including the Ruby Pipeline. Another $1 billion-plus will go to develop mostly domestic exploration and production (E&P) projects.
El Paso Prepares for ‘Capital Intensive’ 2010
El Paso Corp. on Thursday unveiled plans to fund $4.1 billion in capital development in 2010, with almost three-quarters of the total amount set aside for domestic natural gas pipeline projects — including the Ruby Pipeline. Another $1 billion-plus will go to develop mostly domestic exploration and production (E&P) projects.
Report: Oil, Gas Could Suffer as Climate Changes
More than three-quarters of the world’s oil and gas companies surveyed believe climate change could impact their business: increasing downtime, system failures and safety; but only 19% are taking action, according to an Acclimatise report sponsored by IBM.
Report: Climate Change Imperils Oil and Gas Industry
More than three-quarters of the world’s oil and gas companies surveyed believe climate change could impact their business: increasing downtime, system failures and safety; but only 19% are taking action, according to an Acclimatise report sponsored by IBM.