Thanks to the Marcellus Shale, Houston-based Cabot Oil & Gas Corp. recently completed the best quarter in its history on an operational and financial basis, said CEO Dan Dinges. The company is adding a sixth rig in the play as it anticipates multiple infrastructure projects will come online in the months ahead, increasing the ability to get its gas to markets.
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Industry executives who recently offered Oregon regulators an updated natural gas outlook for the Pacific Northwest said they see faint signs of potential added gas-fired industrial loads taking shape, but flat near-term demand projections nevertheless dominated their forecasts.
Thanks to the Marcellus Shale, Houston-based Cabot Oil & Gas Corp. recently completed the best quarter in its history on an operational and financial basis. The company is adding a sixth rig in the play as it anticipates multiple infrastructure projects to come online in the months ahead, increasing the ability to get its gas to markets.
West Virginia’s legal system continues to struggle with surface rights issues, with the state’s Supreme Court of Appeals finding recently that the term “surface” means just what it says and does not include underground resources.
Crestwood Niobrara LLC is buying a 50% interest in Jackalope Gas Gathering Services LLC from RKI Exploration & Production LLC for $108 million, parent Crestwood Midstream Partners LP said Monday.
In a maneuver rendered purely symbolic by the party’s minority status in the state’s legislature, a group of Pennsylvania Democrats recently approved a resolution calling for an end to hydraulic fracturing (fracking) in the state.
Denver-based exploration and production (E&P) independent QEP Resources Inc. reported encouraging results from its first four-well pad drilling on recently acquired South Antelope property in the Williston Basin in North Dakota. QEP said it also completed nine wells — four in the Bakken and five in the Three Forks formations on the Fort Berthold Indian Reservation.
Aurora Oil & Gas Ltd. has begun drilling activities earlier than expected on its recently acquired Eagle Ford Shale acreage, the Australia-based company said Monday.
Although investors were disappointed by Utica Shale production figures recently released by the Ohio Department of Natural Resources (ODNR), a surge in output should be at hand as infrastructure comes online, according to an analysis from RBN Energy LLC.
Pioneer Natural Resources Co.’s first horizontal Wolfcamp Shale well in Martin County, TX, — the Mabee K #1H — has been placed on production with an initial rate that the company called “strong,” and an analyst following Pioneer said confirms prospectivity in the county.