Welcome

Sign in to get the best natural gas news and data. Follow the topics you want and receive the daily emails.

Haynesville Shale

Tokyo Gas Raising Stake in Haynesville-Focused Castleton Resources

Tokyo Gas Raising Stake in Haynesville-Focused Castleton Resources

Tokyo Gas Co. Ltd. said Wednesday it is increasing its stake in Haynesville Shale producer Castleton Resources LLC to expand its portfolio in North America.  Through a subsidiary, Tokyo Gas agreed to boost its ownership interest to 70% from 46% for an undisclosed amount. Castleton, a natural gas-focused operator with assets in East Texas that…

July 29, 2020
Utica, Haynesville Down as U.S. Drops Five Rigs

Utica, Haynesville Down as U.S. Drops Five Rigs

A drop-off in the Utica and Haynesville shales saw the U.S. rig count fall five units to finish at 253 for the week ending Friday (July 17), according to the latest figures from Baker Hughes Co. (BKR). Four natural gas-directed rigs exited the patch in the United States during the week, joined by one oil-directed…

July 17, 2020
U.S. Rig Count Down as Oil, Gas Patch Shows Signs of Stabilizing Post-Covid

U.S. Rig Count Down as Oil, Gas Patch Shows Signs of Stabilizing Post-Covid

Posting its smallest weekly decline in months, the U.S. rig count dropped one unit to finish at 265 for the week ending Friday (June 26), suggesting that upstream activity could finally be stabilizing after a prolonged period of Covid-induced retrenchment. According to the latest Baker Hughes Co. (BKR) data, total U.S. natural gas-directed rigs finished…

June 26, 2020
Black Stone, XTO Look to Build Haynesville Output in East Texas

Black Stone, XTO Look to Build Haynesville Output in East Texas

Houston-based Black Stone Minerals LP has clinched an incentive agreement with ExxonMobil’s XTO Energy Inc. to turn some wells online within a section of the Haynesville Shale in East Texas.

June 15, 2020
Third Straight Natural Gas, Oil Production Downturn Expected in July from Key Lower 48 Plays

Third Straight Natural Gas, Oil Production Downturn Expected in July from Key Lower 48 Plays

For what would be a third straight month, oil and natural gas production from seven of the nation’s most prolific onshore unconventional plays will be down in July compared to June, the Energy Information Administration (EIA) said Monday.

June 15, 2020
Oil, Gas Activity Stabilizing as U.S. Drops Five Rigs in Latest Weekly Count

Oil, Gas Activity Stabilizing as U.S. Drops Five Rigs in Latest Weekly Count

The steep downward slope in U.S. drilling activity the past three months showed signs of leveling off during the week ended Friday (June 12) as the domestic count dropped a relatively modest five rigs, according to the latest numbers from Baker Hughes Co. (BKR).

June 12, 2020
Natural Gas-Rich Appalachia, Haynesville May Fill Shortfall from Permian Associated Output, Says IEA

Natural Gas-Rich Appalachia, Haynesville May Fill Shortfall from Permian Associated Output, Says IEA

Protracted low West Texas Intermediate (WTI) oil prices may lead exploration and production operators to look beyond the Permian Basin to make up for a shortfall in associated gas to service domestic demand and export needs, giving other Lower 48 areas a needed boost, the International Energy Agency (IEA) said Wednesday.

June 11, 2020
U.S. Natural Gas Permitting in May Falls Most in Decade while Permian Suffers Largest Monthly Decline

U.S. Natural Gas Permitting in May Falls Most in Decade while Permian Suffers Largest Monthly Decline

The Permian Basin in May reported the largest monthly decline in oil and gas permits ever, down 47% from April, as applications by large-cap operators fell to their lowest levels in history, off by almost three-quarters, Evercore ISI said Tuesday.

June 9, 2020
BJ Readies Natural Gas-Fueled Pump Tests in Permian, Eagle Ford Following Haynesville Pilot

BJ Readies Natural Gas-Fueled Pump Tests in Permian, Eagle Ford Following Haynesville Pilot

Hydraulic fracturing expert BJ Services said Thursday it is ready to deploy a next-generation pump in the Permian Basin and Eagle Ford Shale after completing a 1,000-hour field trial in the Haynesville Shale fueled by natural gas.

June 5, 2020
Black Stone Selling Permian Mineral, Royalty Interests to Pay Down Debt

Black Stone Selling Permian Mineral, Royalty Interests to Pay Down Debt

Black Stone Minerals LP said Thursday it has two agreements to sell certain mineral and royalty interests in the Permian Basin for about $155 million.

June 4, 2020
‹ Previous 1 2 3 26