During the third quarter, Houston-based Rosetta Resources Inc. quickened its pace in the Eagle Ford Shale where it grew production 68% from the year-ago level; production was also wetter. Management also disclosed Thursday that the company is testing two new areas outside of the Eagle Ford.
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Eagle Ford Blooms for Rosetta
During the third quarter, Houston-based Rosetta Resources Inc. quickened its pace in the Eagle Ford Shale where it grew production 68% from the year-ago level; production was also wetter. Management also disclosed last week that the company is testing two new areas outside of the Eagle Ford.
Shale Patch Pace Raises Risk, Says Executive
In a low-gas price environment, it’s woe that befalls the gas producer that overpays for midstream services or transportation. And because the industry’s pace has quickened as companies rush to develop shale plays, the risks of overspending at contract time are greater today, Rodney Waller, Range Resources Corp. senior vice president, told a Houston audience earlier this month.
Range Resources Exec: Producers Face Riskier Business Today
In a low-gas price environment, it’s woe that befalls the gas producer that overpays for midstream services or transportation. And because the industry’s pace has quickened as companies rush to develop shale plays, the risks of overspending at contract time are greater today, Rodney Waller, Range Resources Corp. senior vice president, told a Houston audience last week.
Steadily Rising Gulf Production, Mild Temps Keep Downward Pressure on Prices
The pace of returning Gulf of Mexico and Gulf Coast gas production appeared to have quickened over the weekend, and gas futures and cash prices reflected that trend in light trading on Columbus Day (Thanksgiving Day in Canada). Cash points tumbled between a nickel and 30 cents in the Northeast, 15-45 cents in the Gulf Coast, and 10-55 cents in the Midwest and Midcontinent.
FERC to Expand Electronic Filings After Anthrax Mail Hoaxes
The anthrax-laced mail hoaxes in Washington, DC have quickened the progress being made at the Federal Energy Regulatory Commission on electronic filing of documents.