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DUG East, conference, Marcellus, Utica, shale, Ben Hulburt, Eclipse Resources

Showing Some Speed And Efficiency In The Utica

Eclipse Resource’s CEO notes that since the company began operated drilling in 2013, it has increased lateral lengths by 33%, while well costs have been lowered by 23%.
DUG East, conference, Marcellus, Utica, shale, Tom Petrie, Petrie Partners

The Energy Business Is ‘Living Dangerously’ In A Changing World

Multiple political and military trends, along with the rise in U.S. crude oil and natural gas production, are occurring at the same time. And that makes for an uneasy situation, Tom Petrie says.

Meritage, NGL Energy JV Opens Up Powder River Opportunities

The partnership could serve as a launching point for continued growth in the region, analyst says.
New Standard, Australia, Eagle Ford, shale, Texas, sale, divest, A D, Magnum Hunter Resources

Australia’s New Standard Plans Early Exit From Eagle Ford Shale

New Standard’s drilling and operating program in the Eagle Ford has been overseen by its majority shareholder, Magnum Hunter Resources Corp.
Utica, Marcellus, Eureka Pipeline, liquidity, A&D, M&A, MLP, Gary Evans, DUG East, Magnum Hunter, midstream, pipeline

Magnum Hunter To Sell Eureka Pipeline, Easing Liquidity Woes

Only a portion of the Utica and Marcellus pipeline was up for sale, but a premium bid worth hundreds of millions changed CEO Gary Evans’ thinking.
Freeport McMoRan, IPO, initial public offering, oil, gas

Freeport-McMoRan Oil Subsidiary To Launch IPO, May Surrender 860,000 Acres

Freeport-McMoran Oil & Gas Inc. controls millions of acres in Texas, California, Louisiana and Africa, but low oil prices have stifled investment and will hurt growth.
Weld County, Colorado, rain, flooding, oil, gas

Heavy Rainfall Could Disrupt D-J Basin Production

Logistical headaches created by road closures, safety precautions and the general difficulty operating in inclement weather hold the potential to buffet production volumes in the D-J Basin.

Marcellus, Utica Take Center Stage As World Eyes Future Gas Needs

Data from the EIA’s latest drilling production report projected about 16 MMcf/d will be produced in the Marcellus alone in July, up from about 15 MMcf/d in July 2014.
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