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US, shale, gas, production, decline, fall, September, EIA, Marcellus, Utica, rigs, legacy, wells

US Shale Gas Production Expected To Fall In September

Of the major shale plays, the Utica is expected to show gas production increases in June, July and August, the EIA said. Though by September, production in the play will also start to slip.
Schlumberger, Cameron International, 15 billion, merger, oilfield services, subsea

Schlumberger, Cameron Look To Meld Science, Tech In $15 Billion Merger

The transaction will expand Schlumberger’s revenue base by more than 20%, Paal Kibsgaard, the company’s CEO and chairman, said in a press call. Schlumberger expects cost synergies of $900 million over two years
Cobalt, offshore, Angola, Sonangol, GoM, Brackett

Cobalt Leaves Angola Coast For Gulf Of Mexico In $2 Billion Deal

Cobalt International made huge discoveries in a seven-year period offshore Angola but cedes interest after a federal investigation, low oil prices and uncertainty for all oil producers.

Partnership Pursues Innovation In Quest To Lower Methane Emissions

The Climate & Clean Air Coalition Oil & Gas Methane Partnership said it has identified several low-cost, quick-payback projects that lower methane emissions.
Encana, exit, Louisiana, Haynesville, shale, GeoSouthern, GSO Capital

Deal Gives Encana Exit From Louisiana Haynesville

After a decade in the Haynesville, the company shifted from natural gas to a broader asset base that included liquids. The company also gains relief from obligations to its midstream assets.
E&P Woes Seep Into Midstream Space

Misery Loves Company: E&P Woes Seep Into Midstream Space

Moody’s lowers its outlook for global sector from ‘positive’ to ‘stable’ as spending cuts, reduced production cloud outlook for industry.
Marcellus, Shale, midstream, merger, A&D, M&A, pipeline,megadeal

Southern’s Deal For AGL Resources Spotlights Shale-Gas Use

AGL is planning to spend $670 million on interstate pipeline construction projects, including infrastructure from the Marcellus and Utica and that could grow volumes moving to the Southeast, Midcontinent and Eastern Canada.
Jim Manatt, Thrust Energy, Summer NAPE, exploration, technology

Reward Awaits Those Willing To Explore During Downturn

With a cookie-cutter model comes marginal price economics, says Thrust Energy CEO Manatt.
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