Surge

Surge Energy Claims Longest Known Lateral in Permian

Houston-based Surge Energy US Holdings Co. said a subsidiary has drilled the longest known lateral in the Permian Basin’s Midland formation at a total measured depth of 24,592 feet, vertical depth of 7,102 feet and horizontal displacement of 17,935 feet, or 3.4 miles.

April 25, 2019

Number of Unfracked Wells Grows in North Dakota

With logistics for moving hydraulic fracturing (fracking) equipment snarled by mostly foul weather through May, North Dakota is facing a growing backlog of unfracked wells, according to Lynn Helms, the state’s director of the Department of Mineral Resources (DMR).

July 17, 2013

Industry Briefs

Driven primarily by the continued success of its drilling program in the Marcellus Shale, Range Resources Corp. saw its production volumes surge to a record high of 910 MMcfe/d in 2Q2013, a 27% increase over 2Q2012, the Forth Worth, TX-based company said. Production during the quarter was 79% natural gas, 15% natural gas liquids (NGL) and 6% crude oil and condensate. Oil and condensate production increased 39% compared with 2Q2012, NGL production rose 35% and natural gas production increased 24%, Range said. Total 2Q2013 production exceeded the high end of Range’s guidance of 880-890 MMcfe/d due to the timing of turning wells to production and continued positive performance of wells in the Marcellus Shale. Range’s production number came in “well ahead of both Street and our estimate of 904 MMcfe/d,” said Wells Fargo Securities analysts, who added that they are looking for an update from the company on Marcellus infrastructure and pricing.

July 15, 2013

Marcellus Pushed Range Production 27% Higher in 2Q2013

Driven primarily by the continued success of its drilling program in the Marcellus Shale, Range Resources Corp. saw its production volumes surge to a record high of 910 MMcfe/d in 2Q2013, a 27% increase over 2Q2012, the Forth Worth, TX-based company said Thursday.

July 12, 2013

Colleges Offer Training in Response to Illinois’ Oil & Gas Regulations

Responding to Illinois’ tough new hydraulic fracturing (fracking) legislation, and with the potential for a surge of activity in relatively untapped shale natural gas deposits in Illinois, two colleges say they are planning an array of training opportunities for the emerging oil and natural gas industry.

June 20, 2013

Natural Gas Advantage Said Lost on Fugitive Emissions

The natural gas bonanza brought about by unconventional drilling may be displacing coal and diesel as a “cleaner” fuel, but methane leaks from the surge in drilling and processing destroy that advantage, according to the environmental think tank World Resources Institute (WRI).

April 8, 2013

Natural Gas Advantage Lost on Fugitive Emissions, Says Think Tank

The natural gas bonanza brought about by unconventional drilling may be displacing coal and diesel as a “cleaner” fuel, but methane leaks from the surge in drilling and processing destroy that advantage, according to the environmental think tank World Resources Institute (WRI).

April 8, 2013

Michigan Utility Growing System for New Gas Customers

Jackson, MI-based Consumers Energy has experienced a surge of customer interest in its largest natural gas distribution pipeline system expansion in a decade — 36 miles — in Secord Township and three other jurisdictions in the north-central, lower peninsula portion of the state.

January 22, 2013

Encana Searching for New CEO

Encana Corp. is searching for a permanent CEO after Randy Eresman, who had spent his entire career at the Calgary company, suddenly resigned earlier this month. Director Clayton H. Woitas, who is CEO of privately held Range Royalty Management Ltd., remains interim president and CEO until a successor is named.

January 21, 2013

3Q2012 Marketer Sales Flat, Despite Gains by BP, ConocoPhillips

Increased sales by BP plc and ConocoPhillips, along with a surge by J. Aron & Co., weren’t enough to overcome third quarter doldrums among companies selling natural gas, according to NGI’s 3Q2012 Top North American Gas Marketers Ranking.

December 10, 2012
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