The average U.S. onshore drilling rig is producing 2% more wells than it did three months ago, and increasingly, rigs are targeting liquids-rich plays over those known for producing dry gas, according to Baker Hughes Inc.
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Permian Basin ‘Booming,’ Atmos Gas Buyer Says
The venerable Permian Basin, which has seen its share of booms and busts in its 86-year production history, is booming beyond most of the industry’s recognition, said Alan Chambers, senior gas buyer for Atmos Energy Corp. and a native of the Permian region.
No Evidence of Oil, Gas Spills From Colorado Flooding
Colorado officials said Tuesday they have found no evidence of contamination from oil or natural gas spills in water samples taken from rivers and streams affected by last month’s flooding.
Antero’s Sweet Spot — Appalachia — Big Draw on Opening Day
Antero Resources Inc., which today is an Appalachian Basin-only operator, made a stunning debut Thursday on the New York Stock Exchange, with the share price up 18.2% from the opening of $44.00 to end the day at $52.01. More than 28.4 million shares traded hands, with “AR” the most-traded stock on the day.
Chevron’s U.S. Upstream Output Holding Steady
Chevron Corp.’s U.S. upstream production is holding steady from a year ago, with natural gas output higher and liquids holding steady, the operator said late Wednesday in an interim 3Q2013 report.
No Evidence of Oil, Gas Spills From Colorado Flooding
Colorado officials said Tuesday they have found no evidence of contamination from oil or natural gas spills in water samples taken from rivers and streams affected by last month’s flooding.
Ohio Drafting Rules for Wastewater Impoundments
Regulators with the Ohio Department of Natural Resources (ODNR) are drafting rules governing centralized earthen impoundments that would temporarily hold wastewater from oil and gas drilling.
Chevron’s U.S. Upstream Output Holding Steady
Chevron Corp.’s U.S. upstream production is holding steady from a year ago, with natural gas output higher and liquids holding steady, the operator said late Wednesday in an interim 3Q2013 report.
North Dakota Oil Spill ‘Under Control,’ Officials Say
A 20,600 bbl Bakken crude oil spill in North Dakota from a leak sprung in a Tesoro Logistics LP pipeline in a wheat field northeast of Tioga, ND, on Friday was fully contained, under control and in the process of being remediated, according to state and company officials. The leak had originally been detected Sept. 29 and was mistakenly thought to be much smaller.
Ohio Drafting Rules for Wastewater Impoundments
Regulators with the Ohio Department of Natural Resources (ODNR) are drafting rules governing centralized earthen impoundments that would temporarily hold wastewater from oil and gas drilling.