Ramps

Range Resources Corp. CEO John Pinkerton said he believes 2012 will be “a breakout year” for the company as it ramps up production in the Marcellus Shale and develops assets in other plays to replace those in the Barnett Shale that were sold in April.

As development of the Marcellus Shale in Pennsylvania ramps up, New York’s Department of Environmental Conservation continues work on a final supplemental generic environmental impact statement (SGEIS), which is not expected to be completed until next year.

As development of the Marcellus Shale in Pennsylvania ramps up, New York’s Department of Environmental Conservation continues work on a final supplemental generic environmental impact statement (SGEIS), which is not expected to be completed until next year.

Oil and natural gas production from the Gulf of Mexico Holstein spar ramped up last week, according to BP plc, the 50% owner and operator. At peak production, the facility will produce more than 100,000 bbl of oil and 90 MMcf/d of natural gas.

Oil and natural gas production from the Gulf of Mexico Holstein spar ramped up last week, according to BP plc, the 50% owner and operator. At peak production, the facility will produce more than 100,000 bbl of oil and 90 MMcf/d of natural gas.

Anadarko Petroleum has started production from three wells at its massive Marco Polo deepwater field in Green Canyon Block 608 in the Gulf of Mexico and expects the field to reach full production sometime in 2005. However, associated gas production from Marco Polo will be a small fraction of the total 300 MMcf/d of available platform capacity and much less than some analysts had previously predicted.

Anadarko Petroleum has started production from three wells at its massive Marco Polo deepwater field in Green Canyon Block 608 in the Gulf of Mexico and expects the field to reach full production sometime in 2005. However, associated gas production from Marco Polo will be a small fraction of the total 300 MMcf/d of available platform capacity and much less than some analysts had previously predicted.

Dallas-based independent Pioneer Natural Resources Co. on Friday said two discovery wells, Tomahawk and Raptor, began production last Wednesday. The two wells are located in the Falcon field in the western deepwater Gulf of Mexico (GOM), which currently is producing 350 MMcf/d of natural gas and 1,000 bbl/d of condensate.

Shell Exploration & Production Co. has ramped up production from its joint venture Llano field in the Gulf of Mexico, the company said Monday. The Llano field, located about 200 miles southwest of New Orleans in 2,600 feet of water, is producing 26 MMcf/d of natural gas and 10,500 bbl of oil from one well, and a second well is planned to be on production later this month.