Wells

Pioneer Natural Resources Co. grew U.S. onshore output during the second quarter, propelled by the Permian Basin, but “unforeseen” drilling delays and commodity prices have led the independent to reduce capital spending and full-year guidance.

Range Resources Corp. again reported poor results from its Cotton Valley Sands Terryville Complex assets in North Louisiana that, combined with permitting delays in Pennsylvania during the second quarter, forced the company to lower its full-year production guidance.

PetroQuest Energy Inc.’s first multi-well pad in the Cotton Valley formation, trending above the Haynesville Shale, reached a cumulative rate of 27,697 Mcf/d of natural gas, 1,678 b/d of natural gas liquids and 67 b/d of oil in its initial 24-hour gross rate, the producer said.

Efforts to manage the potential risk for oilfield activity-induced earthquakes in Oklahoma are starting to pay off, state geological and regulatory officials said Tuesday, while acknowledging that additional research is needed for what is a continuing conundrum.

The Pennsylvania Public Utility Commission (PUC) said it collected more than $173 million in impact fees from the state’s natural gas producers in 2016, but fees declined on low commodity prices to the lowest level since enacted in 2012 and were down for the third year in a row.

Rex Energy Corp. said this week that a four-well pad it recently placed to sales in western Pennsylvania produced the highest condensate rates it’s recorded in the region.

FERC has received a request from Ryckman Creek Resources LLC for blanket authorization to perform several activities at its natural gas storage field in Uinta County, WY.

Units of Tesoro Corp. and EP Energy Corp. on Thursday formed a drilling joint venture (JV) to fund oil and natural gas development in EP’s Altamont program in the Uinta Basin of Utah.

One person was killed and three people were injured Thursday at an Anadarko Petroleum Corp. oil tanker site in Weld County, CO.