Tag / Then



Natural Gas Cheerleader Aubrey McClendon Bows Out

Aubrey McClendon’s announced retirement from Chesapeake Energy Corp., the company he helped to found and then grow into an unconventional natural gas behemoth, may end one point of controversy for the debt-ridden operator, but it won’t solve many of the financial problems ahead, pundits said last week.

February 4, 2013

Natural Gas Missed Memo on Lower Output, Says Analyst

Even with the big retreat by operators in U.S. onshore natural gas plays, domestic output will continue to grow “for the foreseeable future,” according to Raymond James & Associates Inc. energy team.

January 28, 2013

Report: Fracking Oversight to Grow in States, Lessen for Feds

States increasingly will push for more disclosure of the hydraulic fracturing process.

January 7, 2013

Forest Sells Noncore Gas-Weighted Texas Assets

Forest Oil Corp. has agreed to sell all of its South Texas properties — excluding those in the Eagle Ford Shale — for proceeds of $325 million after tax as part of its ongoing deleveraging plan, the company said Thursday.

January 4, 2013

Statoil Buys Another 70,000 Net Acres in Marcellus

Norway’s Statoil ASA on Wednesday said it has snapped up another 70,000 net acres in liquids-rich areas of the Marcellus Shale for $590 million in cash. The portfolio additions, which give the producer full or joint partnership in close to 750,000 net acres in the play, are spread across West Virginia and Ohio.

December 20, 2012

ZaZa’s Stingray Well Production to Be Limited at First

ZaZa Energy Corp. said Tuesday it has hit a snag with its Stingray well in the Eaglebine play that will limit initial production. However, the setback is temporary, and the company intends to continue Eaglebine drilling while it high grades its Eagle Ford acreage.

December 13, 2012

Range COO’s Predictions: U.S. Exports of LNG, Huge NatGas Reserves

An official with Range Resources Corp. said he believes the federal government will eventually allow the export of liquefied natural gas (LNG) but cautioned that the industry shouldn’t be complacent and just assume exports will be approved.

November 19, 2012
U.S. Shale Oil Surge Has Operators Looking to Export

U.S. Shale Oil Surge Has Operators Looking to Export

Surging shale oil reserves in the United States led BP plc to apparently secure permission, and Royal Dutch Shell plc to apply, for export licenses to ship U.S. crude oil supplies to Canada and possibly elsewhere.

October 15, 2012
Bakken-Fueled Continental Aiming to Triple Output, Reserves

Bakken-Fueled Continental Aiming to Triple Output, Reserves

Continental Resources Inc. has launched a growth plan to triple production and proved reserves between now and the end of 2017, largely from its leading Bakken Shale position, but also with gains from other onshore holdings, including a discovery in the southwest corner of Oklahoma.

October 10, 2012

Waste Not, Want Not Aim of Eagle Ford Recycling Project

To reduce the amount of drilling waste that has to be transported to landfills and to provide a renewable solution, Chesapeake Energy Corp. has begun an innovative recycling project with TWMA Ltd. in the Eagle Ford Shale.

October 9, 2012