Utica

Consol Energy Inc. outlined plans this week to fold more Utica Shale into its core position through a development program to increase stacked pay opportunities and build on its current 22-year drilling inventory.

Appalachian pure-play Ascent Resources LLC has reached a deal to sell 3.5 billion common units in a private placement that would net it $787 million in proceeds, extinguishing debt and alleviating concerns about how the company would fund aggressive development plans in Ohio’s Utica Shale.

National Fuel Gas Co.’s exploration and production subsidiary, Seneca Resources Corp., will prioritize additional Utica Shale appraisal drilling in an undeveloped part of Northwest Pennsylvania in its Fiscal Year (FY) 2017, which started in October, after encouraging test results there.

National Fuel Gas Co.’s exploration and production subsidiary, Seneca Resources Corp., will prioritize additional Utica Shale appraisal drilling in an undeveloped part of Northwest Pennsylvania in Fiscal Year (FY) 2017, which started in October, after encouraging test results there.

Strong well performance, minimal downtime and 20 net wells turned to sales during the third quarter helped Gulfport Energy Corp. far exceed the high end of its guidance for the period, reporting 734.1 MMcfe/d.

Consol Energy Inc.’s balance sheet continued its transformation during the third quarter, when it divested two more coal mining complexes to exit central Appalachia coal and surface mining with an eye toward a future that looks increasingly full of Utica Shale development.

EQT Corp. said Thursday that work to learn more about the deep Utica Shale in Pennsylvania and West Virginia continues, with the aim of establishing a development program in 2018 that could overshadow its core Marcellus Shale assets.

The Colorado Oil/Gas Conservation Commission (COGCC) has launched an online information source,Daily Activity Dashboard, that captures on a county-by-county basis oil and natural gas activity statewide. COGCC said the tool can locate information on pending permits, well status, production, well inspection data, violation notices, operator notifications and spills. It is being provided as a supplement to COGCC’s existing and extensive web-based data search tools, a spokesperson said.

Combined conventional and unconventional natural gas production in West Virginia increased healthily again last year, which also marked the first time the Utica Shale contributed meaningfully to the state’s volumes.