Eclipse Resources Corp. is no longer an Ohio pure-play. The company announced on Monday a 44,500 net acre acquisition in north-central Pennsylvania, where it plans to apply its super laterals and expand Utica Shale development.
Articles from Tioga
Former Pennsylvania Gov. Ed Rendell urged New Yorkers — and, by extension, New York Gov. Andrew Cuomo — to embrace high-volume hydraulic fracturing (HVHF) in their state, adding that they have “the chance to play a major part in [the] revolution” of U.S. energy independence.
Carrizo Oil & Gas Inc. announced Monday that it had closed on the sale of a majority of its leasehold in the northern Utica Shale to an undisclosed buyer for $43 million in cash.
The Pennsylvania Department of Environmental Protection (DEP) has finalized its technical guidance for single source air quality permitting for exploration, extraction and production activities from oil and natural gas operations.
Seneca Resources Corp. has reduced its outlook in the Marcellus Shale after long-time joint venture (JV) partner EOG Resources Inc. said it didn’t expect to drill the minimum number of wells that were defined under an area of mutual interest (AMI).
North Dakota’s oil/natural gas boom continues to be a mixed blessing for state energy planners, and future pipeline infrastructure’s adequacy is one of many questions state officials hope to have some answers for by mid-year. A study is under way by the state Pipeline Authority to determine if existing infrastructure will be adequate.
Laflin, PA-based coal company Silverbrook Anthracite has leased approximately 1,635 acres for Marcellus Shale gas exploration in Lackawanna County, PA, to a Texas land services firm in what county officials are calling the largest such lease ever recorded in the northeastern Pennsylvania county.
Ultra Petroleum Corp. said its Marshlands #1 exploration well in Tioga County, PA is now onstream producing natural gas. Production over the last four weeks has stabilized at 3 MMcf/d at 3,800 pounds flowing casing pressure. Ultra also said it has substantially increased its acreage position in the play, with holdings totaling almost 247,000 acres, compared with nearly 27,000 at year-end 2005. Development plans call for up to two additional wells to be drilled later this year. Up to now, Ultra’s focus was on core properties in the Green River Basin of southwestern Wyoming (Pinedale Anticline and Jonah Field) and the shallow waters of Bohai Bay, China. Ultra also announced that Stuart E. Nance has been named vice president of marketing. Nance joined Ultra Petroleum in 2002 as director of oil and gas marketing.