Gastar Exploration Ltd. said net production from its Marcellus Shale assets has increased more than 34-fold in a year, a result of ramped up drilling activity in the liquids-rich portion of the play during the second quarter of 2012.
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Marcellus Partner EOG Won’t Hit Drilling Target, Says Seneca
Seneca Resources Corp. has reduced its outlook in the Marcellus Shale after long-time joint venture (JV) partner EOG Resources Inc. said it didn’t expect to drill the minimum number of wells that were defined under an area of mutual interest (AMI).
Apache Builds Onshore, Adds Positions in Mississippian Lime, Williston
For Apache Corp., whose drilling operations ramped up in 1955 in the Cushing field of Oklahoma, home is now the sweetest place to be, CEO Steve Farris said Thursday.
Petrobras FPSO Ramps Up in Gulf of Mexico
Brazil’s Petroleo Brasilerio SA, better known as Petrobras, has ramped up production from a well connected to the first floating production, storage and offloading (FPSO) vessel platform in the Gulf of Mexico (GOM).
El Paso to Complete $8B Pipeline Backlog by Year’s End
Ruby Pipeline, which ramped up late last month, is the third of five major pipeline projects El Paso Corp. will complete this year as it prepares to spin off its exploration and production (E&P) business, CEO Doug Foshee told financial analysts on Thursday.
El Paso to Complete $8B Pipeline Backlog by Year’s End
Ruby Pipeline, which ramped up late last month, is the third of five major pipeline projects El Paso Corp. will complete this year as it prepares to spin off its exploration and production (E&P) business, CEO Doug Foshee told financial analysts on Thursday.
New York PSC Approves Two Gas Transportation Proposals
The influx of natural gas in the Northeast brought on by ramped-up Marcellus Shale development is keeping the New York State Public Service Commission (PSC) busy, as evidenced by two new authorizations for gas transportation projects.
New York PSC Approves Two Gas Transportation Proposals
The influx of natural gas in the Northeast brought on by ramped-up Marcellus Shale development is keeping the New York State Public Service Commission (PSC) busy, as evidenced by two new authorizations for gas transportation projects.
Encana BC Shale Deal Rumored to be Near
A decision by Encana Corp. to pull out of an investor conference this week ramped up rumors that the natural gas giant may be close to a joint venture agreement with China National Petroleum Corp. (CNPC) to develop its vast British Columbia (BC) shale holdings.
Deepwater Field Ramps Up Production
The Balboa Field, which is in the Gulf of Mexico’s deepwater about 130 miles south of Galveston, TX, ramped up as 2010 drew to a close, Apache Corp. said Thursday.