Rice

Vantage Energy’s Barnett Shale assets are an afterthought for Rice Energy Inc., which said Tuesday it would acquire the company in a $2.7 billion deal. Rice’s top executive said the real “prize of the Vantage acquisition is its large block of core, contiguous Marcellus acres adjacent to our existing Greene County” assets in Pennsylvania.

Rice Energy Inc. said late Monday that it has agreed to acquire Vantage Energy Inc. subsidiaries in a $2.7 billion deal that would give it entry into the Barnett Shale of North Texas and significantly expand its Marcellus and Utica shale position in Greene County, PA, where Vantage had been the largest leaseholder.

Growing production 43% year/year in 2Q2016, Rice Energy Inc. is positioning itself to capture improved pricing heading into next year, management told analysts during a call last week to discuss the Appalachian operator’s quarterly results.

Rice Energy Inc. has lost an opportunity to bolt on 27,400 net Marcellus Shale acres near its core in Southwest Pennsylvania after it was outbid on Monday by a Vantage Energy Inc. subsidiary that offered to pay nearly $140 million more for the assets at auction.

Rice Energy Inc. has lost an opportunity to bolt on 27,400 net Marcellus Shale acres near its core in Southwest Pennsylvania after it was outbid on Monday by a Vantage Energy Inc. subsidiary that offered to pay nearly $140 million more for the assets at auction.

Adding modified graphene nanoribbons to a polymer and then microwaving the mixture appears to reinforce wellbores drilled to extract oil and natural gas, making wells more stable and reducing production costs, Rice University researchers have discovered.

Adding modified graphene nanoribbons to a polymer and then microwaving the mixture appears to reinforce wellbores drilled to extract oil and natural gas, making wells more stable and reducing production costs, Rice University researchers have discovered.

Rice Energy Inc. and its affiliates continued to expand their midstream operations in the Appalachian Basin during the first quarter, with throughput in Ohio increasing 309% and in Pennsylvania 50% compared to year-ago levels.

Rice Energy Inc. and its affiliates continued to expand their midstream operations in the Appalachian Basin during the first quarter, with throughput in Ohio increasing 309% and in Pennsylvania 50% compared to year-ago levels.