Mergers with EnLink and Medallion lift the company into the ranks of Energy Transfer and Enterprise Products Partners.
EOG Resources has put 25 modern stimulated horizontals to date in the oily Utica fairway in eastern Ohio with one rig and IPs of up to 3,250 boe/d, 70% oil and 85% liquids.
While the rest of the E&P sector bought, merged and consolidated, Range Resources sat on the sidelines in Appalachia because it already has plenty of drilling inventory, CEO Dennis Degner says.
The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.
Mergers with EnLink and Medallion lift the company into the ranks of Energy Transfer and Enterprise Products Partners.
EOG Resources has put 25 modern stimulated horizontals to date in the oily Utica fairway in eastern Ohio with one rig and IPs of up to 3,250 boe/d, 70% oil and 85% liquids.
While the rest of the E&P sector bought, merged and consolidated, Range Resources sat on the sidelines in Appalachia because it already has plenty of drilling inventory, CEO Dennis Degner says.
The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.
East Daley looks at potential courses as the basin continues to increase production.
Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
Global Partners’ newly acquired Rhode Island liquids terminal adds gasoline infrastructure to its portfolio.
Enbridge’s utilities acquisitions and gas transport growth helped to drive earnings in the third quarter.
ONEOK Inc. also announced the completion of its $2.6 billion Medallion Midstream deal.
Tied to natural gas production, which has suffered from weak demand, ethane is also headed for bearish prices, according to an analyst.