Fort Worth-based Quicksilver Resources Inc. continued to chip away at its substantial debt and during the third quarter managed to set a quarterly production record.
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Encana to Get Oily in 2012
Encana Corp., one of the biggest natural gas producers in North America, is taking a walk on the oily side in 2012, redirecting a substantial portion of its 2012 budget to more profitable liquids-rich plays, CEO Randy Eresman said on Thursday.
FERC: Shale Production Keeping Gas Prices Low
Natural gas production from the nation’s shale plays now accounts for more than one-quarter of U.S. production, compared with 5% in 2007, and is helping to keep gas prices among the lowest in a decade, according to FERC’s Office of Enforcement (OE).
Kinder Buying Petrohawk’s Half of Haynesville JV
Kinder Morgan Energy Partners LP (KMP) is buying Petrohawk Energy Corp.’s half of the companies’ Haynesville Shale midstream joint venture, KinderHawk Field Services, and also acquiring a 25% interest in Petrohawk’s gas gathering and treating business in the Eagle Ford Shale, the companies said.
Bentek Expects Robust Eagle Ford Growth
The Eagle Ford Shale in South Texas is “primed for growth,” thanks to a substantial foundation of gathering, transmission, processing and fractionation infrastructure in place, Bentek Energy LLC said in a report. And more projects are under way or in the works over the next few years.
Consultant Expects Eagle Ford Infrastructure to Keep Pace
The Eagle Ford Shale in South Texas is “primed for growth,” thanks to a substantial foundation of gathering, transmission, processing and fractionation infrastructure in place, Bentek Energy LLC said in a new report. And more projects are under way or in the works over the next few years.
Pentex Seeking Utility Status for Marcellus Gathering System
A small midstream outfit with utility status in Pennsylvania is looking to add some Marcellus Shale business.
Gas Glut? BG Group Doesn’t Think So
Global gas producer BG Group plc, which has substantial production under way in the Haynesville Shale and growing output in the Marcellus, said last week net production in the United States by 2015 will nearly double to 190,000 boe/d from the current 100,000 boe/d.
Gas Glut? BG Group Doesn’t Think So
Global gas producer BG Group plc, which has substantial production under way in the Haynesville Shale and growing output in the Marcellus, said Tuesday its net production in the United States by 2015 will nearly double to 190,000 boe/d from the current 100,000 boe/d.
Laser Northeast Begins Construction of Susquehanna Gathering System
Laser Northeast Gathering Co. LLC has started construction on its gathering and transportation pipeline in Susquehanna County, PA, and expects the project to bring substantial investment and jobs to northeastern Pennsylvania, CEO Thomas F. Karam said at a groundbreaking ceremony in New Milford, PA, Tuesday.