Southwestern Energy Co. said it will spend slightly less next year in the Fayetteville Shale while it nearly doubles spending in the Marcellus Shale in Pennsylvania. Overall, Southwestern’s 2012 capital program is pegged at $2.3 billion, up from about $2.1 billion in 2011. Production is expected to climb about 15% from this year.
Volumes
Articles from Volumes
Transportation Notes
Northwest said nominated northbound volumes through Kemmerer Compressor Station and the Plymouth South constraint point continue to substantially exceed design capacity, impacting the pipeline’s operational integrity. As a result, effective Wednesday until further notice Northwest is declaring OFOs at both points If scheduled quantities for Wednesday’s gas day exceed the design capacity of 655,000 Dth/d at Kemmerer or 536,300 Dth/d at Plymouth South, Northwest will provide shippers with their contract-specific, realignment or must-flow OFO obligations by 4 p.m. MST.
Barnett, Horn River Boost Quicksilver Production
The Barnett Shale and Horn River Basin lifted Fort Worth-based Quicksilver Resources Inc. to a quarterly production record during the third quarter while the company continued to chip away at its substantial debt.
Cabot Passes 400 MMcf/d Milestone in Marcellus
Thanks to recent upgrades to a compression station in northeastern Pennsylvania, Cabot Oil & Gas Corp. increased its Marcellus Shale production 35% in a single day, a sign of how infrastructure bottlenecks in Appalachia are crimping production rates.
Liquids Help Range Post Record Production
Drilling in liquids-rich corners of the Marcellus Shale and Midcontinent region helped Range Resources Corp. post record production volumes in the first quarter of the year.
Range Increasing Liquids Production From Gas Plays
Leveraging its liquids-rich portfolio from the Texas Panhandle to northeast Pennsylvania, Range Resources Corp. posted record production volumes in the first quarter of the year despite weak prices.
Marcellus Helps Range Post Record Production
Drilling in liquids-rich corners of the Marcellus Shale and Midcontinent region helped Range Resources Corp. post record production volumes in the first quarter of the year.
Anadarko Clinches ‘Tentative’ Agreement to Partner in Eagle Ford
A deal is on the table and could be completed in the coming weeks to bring in a partner to develop the Eagle Ford Shale, an Anadarko Petroleum Corp. executive said Thursday.
Transportation Notes
MRT said it will lift Thursday the cold weather System Protection Warning that it implemented Jan. 19 for northbound volumes.
Transportation Notes
Citing cold forecasts, MRT issued a System Protection Warning (SPW) effective Wednesday for all northbound volumes; see the bulletin board for SPW conditions.