SandRidge Energy Inc. has eliminated some funding issues hanging over its development plans after securing a $1 billion joint venture (JV) in a key onshore play with Spain’s Repsol YPF SA.
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Range, Consol Tout Marcellus Growth
The bottlenecks of the Marcellus Shale appear to be easing, as two of the oldest shale producers in the region recently announced production milestones.
Quicksilver Subpoenaed in SEC ‘Overbooking’ Probe
Quicksilver Resources Inc. is the latest company to disclose that it has been served by the Securities and Exchange Commission (SEC) with a subpoena seeking information on proved developed producing (PDP) shale gas wells and reserve estimates from Jan. 1, 2008.
Panel Calls For Tighter Shale Laws in Arkansas
The Arkansas Public Policy Panel (APPP) issued a report Wednesday urging state lawmakers to strengthen regulation of oil and gas development in the Fayetteville Shale and encouraged them to use moratoria as needed.
A Remade Rosetta Banks on the Eagle Ford
A liquids-focused unconventional oil and gas makeover at Houston-based Rosetta Resources Inc. is showing the company in a much improved light as it continues to ramp up its activities in the Eagle Ford Shale of South Texas, CEO Randy Limbacher told financial analysts last week.
A Remade Rosetta Is Banking on the Eagle Ford
A liquids-focused unconventional oil and gas makeover at Houston-based Rosetta Resources Inc. is showing the company in a much improved light as it continues to ramp up its activities in the Eagle Ford Shale of South Texas, CEO Randy Limbacher told financial analysts Monday.
Shales Are Talisman’s Game in North America
While Talisman Energy Inc. has a diverse portfolio of international exploration and production (E&P) interests, in North America the company is focused largely on the Marcellus, Montney and Eagle Ford shales, plays in which its activities are in various stages of development. In the Marcellus, where its shale activities are the most mature, Talisman is enjoying improved well results as it continues to learn the play.
Talisman Trims Plans in Marcellus, Ups Liquids Developments
Calgary-based Talisman Energy Inc. said Tuesday it plans to reduce the number of rigs it operates in the Marcellus Shale by the end of the year, but it will increase development in the Eagle Ford and Farrell Creek shales, which are both liquids-rich.
Despite Low Gas Prices, National Fuel to Accelerate Marcellus Activity
Lower natural gas prices will have an effect on National Fuel Gas’ (NFG) bottom line in 2011, but the company will continue to ramp up its drilling operations in the Marcellus Shale during the year, CEO David F. Smith said during a conference call with financial analysts Friday.
Large Gas-Buying Power Utility Likes Shale Boom
There is very little not to like about shale gas from the perspective of Southern California Edison Co. (SCE), one of the largest electric utilities in the nation and the consumer of 2% of the nation’s annual natural gas demand and 17% of California’s demand. For SCE shale is a “game-changer” and a buffer against wholesale gas price spikes.