Haynesville Shale

Exco Resources Inc. spent the second quarter in cost-cutting mode, looking to improve liquidity and renegotiate its gathering and transportation contracts as it evaluates a possible return to activity in 2017.

QEP Resources Inc. continues transitioning to an oilier production mix, with the exploration and production (E&P) company planning to add rigs in the Permian Basin by the end of 2016.

Range Resources Corp. turned in a poor second quarter financially, but it continued to drive down costs and find more operational efficiencies to put it in a better position for what management said is an improving natural gas market.

Oil and natural gas production from the nation’s seven largest unconventional plays, which has been on a downward trend since last fall, will slip again in August, according to the Energy Information Administration (EIA).

Privately held Tanos Energy of Tyler, TX, recently acquired East Texas and North Louisiana assets from ConocoPhillips and Fidelity Exploration and Production Co. Tanos also has received an additional $500 million in capital commitment from Quantum Energy Partners.

Privately held Tanos Energy of Tyler, TX, recently acquired East Texas and North Louisiana assets from ConocoPhillips and Fidelity Exploration and Production Co. Tanos also has received an additional $500 million in capital commitment from Quantum Energy Partners.

Natural gas and oil production from the nation’s seven largest unconventional plays is likely to decline once again next month compared with April figures, according to the Energy Information Administration (EIA).

Natural gas and oil production from the nation’s seven largest unconventional plays is likely to decline once again next month compared with April figures, according to the Energy Information Administration (EIA).

Exco Resources Inc. became the latest operator to make moves to preserve liquidity on Wednesday, slashing its capital expenditures (capex) budget for 2016 by more than two-thirds and announcing plans to spud and complete just a handful of wells in the Haynesville and Bossier shales.