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E&P

Devon’s Permian, Eagle Ford Rock Production Growth

Devon Energy Corp., which has retooled its onshore natural gas-heavy operations to reap the higher margins in oil and liquids, lost some production momentum in the second quarter as it sold off assets, but with the divestitures now complete, the company is gearing up for sustained growth, particularly from the Permian Basin and Eagle Ford Shale.

August 7, 2014

Regency, American Energy-Midstream to Partner in Utica NatGas Project

Regency Energy Partners LP (RGP) and American Energy-Midstream LLC (AE-MidCo) have partnered on RGP’s proposed Utica Ohio River Project, which they have upgraded to deliver up to 2.1 Bcf/d of Utica Shale natural gas production initially to Rockies Express Pipeline (REX) and Texas Eastern Transmission.

August 7, 2014

Pennsylvania DEP Says Human Error Likely Caused Chevron Well Fire

The Pennsylvania Department of Environmental Protection (DEP), in an 18-page report released Wednesday, said human error likely led to a deadly explosion and fire that raged for days at a Chevron Appalachia LLC site in February (see Shale Daily, Feb. 11).

August 7, 2014
Chesapeake Raises Production Outlook Despite Lower Prices

Chesapeake Raises Production Outlook Despite Lower Prices

Chesapeake Energy Corp. reported strong production gains in the second quarter, but failed to turn those into earnings gains as the prices it collected for natural gas, natural gas liquids (NGL) and oil declined.

August 6, 2014

Rosetta’s Revamped Completions Paying Off

Rosetta Resources Inc. turned in record production during the second quarter thanks in part to new well completion techniques. Eagle Ford production was up sharply, and the company is seeing its “best wells to date” in the Permian Basin.

August 6, 2014
Quicksilver’s Barnett Production Up 11%, Starts Drilling in West Texas

Quicksilver’s Barnett Production Up 11%, Starts Drilling in West Texas

Quicksilver Resources Inc. said preliminary results for 2Q2014 show operational efficiencies in the Barnett Shale helped the company boost production volumes there 11% from the preceding quarter, as it also reached an agreement with midstream providers for lower rates.

August 6, 2014

EnLink to Build Out Midstream Operations in Permian, South Louisiana

EnLink Midstream affiliates late Tuesday launched two growth projects and signed supporting fee-based contracts to expand onshore operations in the Permian Basin and in South Louisiana.

August 6, 2014

Federal Appeals Court Delays Decision on Extended NY Leases

A federal appeals court has delayed making a decision on whether New York’s de facto moratorium on high-volume hydraulic fracturing (HVHF) constitutes a force majeure. It will seek input on the matter from the state’s high court.

August 6, 2014

Colorado Producers’ Collaboration With Opponents Worth the Effort, Says Noble Chief

Colorado is proving to be a testing ground for successful collaboration between what some may think are the most unlikely of allies — the Environmental Defense Fund (EDF) and major oil and natural gas producers. Being part of the solution is better than being part of the problem, Noble Energy Inc.’s CEO said Tuesday.

August 6, 2014

Colorado Governor Makes Deal to End Local Control Ballot Measures

On the day of the deadline for statewide measures to qualify for the ballot, Colorado Gov. John Hickenlooper on Monday announced a deal for the withdrawal of two measures on local control issues related to oil and natural gas development.

August 5, 2014