Weighted

Analysts: E&Ps to Reveal Lower 3Q Output, Less Spending Ahead

When exploration and production (E&P) companies unveil their 3Q2009 earnings reports in the coming weeks, listen for natural gas-weighted producers to detail the impact on the quarter from uncompleted wells and how much production was shut in across North America, according to energy analysts.

October 16, 2009

Edge Petroleum Files for Bankruptcy

Houston-based Edge Petroleum Corp., whose natural gas-weighted portfolio extends from the Gulf Coast to the Permian Basin and to the Fayetteville Shale, on Friday filed for voluntary bankruptcy protection. The company plans to auction “substantially all” of its assets.

October 5, 2009

Edge Petroleum Files for Bankruptcy

Houston-based Edge Petroleum Corp., whose natural gas-weighted portfolio extends from the Gulf Coast to the Permian Basin and to the Fayetteville Shale, on Friday filed for voluntary bankruptcy protection. The company plans to auction “substantially all” of its assets.

October 5, 2009

EXCO Sells Close to $700M of Onshore Properties

In less than 24 hours EXCO Resources Inc. announced two transactions worth close to $700 million to sell some natural gas-weighted properties in Oklahoma, Ohio and Pennsylvania.

October 1, 2009

Low Costs, Better Technology Boost Some Producers’ Output

The story related time and again by natural gas producers in their 2Q2009 earnings presentations has been the same at both large and small natural gas-weighted independents: lower costs and hedging cushioned the impact of low prices, but better technology continues to boost output.

August 10, 2009

Low Costs, Better Technology Boost Some Producers’ Output

The story related time and again by natural gas producers in their 2Q2009 earnings presentations has been the same at both large and small natural gas-weighted independents: lower costs and hedging cushioned the impact of low prices, but better technology continues to boost output.

August 10, 2009

Williams Readies Midstream Opportunities in Marcellus

Williams has cut its natural gas-weighted drilling plans for 2009 by more than half, but midstream opportunities are beckoning in the Marcellus Shale, the CEO said last week.

May 4, 2009

Williams Cuts Drilling, Readies Midstream Opportunities in Marcellus

Williams has cut its natural gas-weighted drilling plans for 2009 by more than half, but midstream opportunities are beckoning in the Marcellus Shale, the CEO said Thursday.

May 1, 2009

Forest Pays $892M for Oklahoma, Texas, Louisiana Properties

Forest Oil Corp. has agreed to pay $892 million in cash and stock to privately held Cordillera Texas LP for a package of natural gas-weighted properties in Oklahoma, East Texas and North Louisiana that now produce around 34 MMcfe/d. Total reserves are estimated at 350 Bcfe, which are 36% proved developed.

August 19, 2008

Woodford Shale Boosts Newfield’s Gas Production

Newfield Exploration Co.’s natural gas-weighted production jumped 20% in 2Q2008 from the same period a year ago, lifted by strong performance from its Woodford Shale operations in the Arkoma Basin.

July 28, 2008