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Range Achieves Record 4Q Output
Range Resources Corp. last week said production volumes in 4Q2012 hit a record 844 MMcfe/d, 35% higher year/year, which came in large part to oil and natural gas liquids (NGL) growth in unconventional plays, presumably the Marcellus Shale and the Mississippian Lime.
Range Hits Record for Oil, NGLs Output
Range Resources Corp. said Wednesday its production volumes in 4Q2012 hit a record 844 MMcfe/d, 35% higher year/year, which it attributed in large part to oil and natural gas liquids (NGL) growth in liquids-rich shale plays, presumably the Marcellus Shale and the Mississippian Lime.
Williams Buys Half of Chesapeake’s Former Midstream Business
Williams, which has been expanding its onshore presence in the Marcellus and Utica shales, late Tuesday snagged a deal to significantly expand its onshore footprint in a $2.4 billion transaction to acquire half of the natural gas pipeline system once owned by Chesapeake Energy Corp.
BP’s Nova Scotia Deepwater Bid Highest Ever
A unit of BP plc has captured a quartet of deepwater exploration blocks offshore Nova Scotia, with record bids totaling more than C$1.049 billion, according to the Nova Scotia Offshore Petroleum Board (CNSOPB). Shell Canada Ltd. won four offshore leases with offers totaling more than C$31.85 million.
BP Captures Nova Scotia Deepwater with Highest-Ever Bids
A unit of BP plc has captured a quartet of deepwater exploration blocks offshore Nova Scotia, with record bids totaling more than C$1.049 billion, according to the Nova Scotia Offshore Petroleum Board (CNSOPB). Shell Canada Ltd. won four offshore leases with offers totaling more than C$31.85 million.
Apache Breaks Output Records in Permian, Anadarko Basins
Higher rig counts and new infrastructure contributed to record production from the Permian and Anadarko basin operations, Apache Corp. said last week.
Pioneer Plying the Wolfcamp Alphabet
During the third quarter Irving, TX-based Pioneer Natural Resources Co. set a new production record in the Eagle Ford Shale, where it said its choke management program continues to improve well performance. Continued development of the Wolfcamp Shale in West Texas is setting the play up to be a “significant” contributor to production growth in the future, the company said.
Apache Breaks Production Records in Permian, Anadarko Basins
Higher rig counts and new infrastructure contributed to record production from the Permian and Anadarko basin operations, Apache Corp. said Thursday.
Atlas Pipeline’s Natural Gas Volumes Top Record
Atlas Pipeline Partners LP, which serves producers in West Texas, Oklahoma and Kansas, surpassed a record for processed natural gas volumes in 3Q2012, which were up 36% from a year ago, executives said Wednesday.