Western Haynesville Wildcats’ Output Up as Comstock Loosens Chokes

Comstock Resources reported this summer that it is gaining a better understanding of the formations’ pressure regime and how best to produce its “Waynesville” wells.

Vitol CEO: US Shale Gas Growing Source of Shipping, Trucking Fuel

International commodities trading house Vitol sees growing demand for U.S. shale gas to spur LNG exports to China, India and emerging economies in Asia.

WhiteHawk Energy Adds Marcellus Shale Mineral, Royalty Assets

WhiteHawk Energy LLC said it acquired Marcellus Shale natural gas mineral and royalty interests covering 435,000 gross unit acres operated by Antero Resources, EQT, Range Resources and CNX Resources.

Chevron’s Wirth: Biden Admin Needs to Embrace, not Attack Natgas

Chevron CEO Mike Wirth, speaking at Gastech Houston 2024, said natural gas offers a clear path to lowering CO2 emissions that only politics can derail.

More Than 12% of US GoM Oil Output Still Shut After Hurricane Francine

There were 213,204 bbl/d of oil and 298 MMcf of natural gas still offline after Francine hit the coast last week.

Chevron Pushing Longer Laterals in Argentina’s Vaca Muerta Shale

Chevron Corp., already drilling nearly 2.8-mile laterals at its Loma Campana Field in Argentina, wants to drill even longer horizontals, an executive told Hart Energy.

Francine Closes, Restricts Oil Export Ports, Shuts in 42% of GoM Oil

In addition to hampering ports and refineries, an estimated 41.74% of Gulf of Mexico oil production, or 730,472 bbl/d, has been shut in.

US Drillers Add Oil, Gas Rigs for First Time in Five Weeks

The oil and gas rig count rose by eight in the week to Sept. 13 to 590, returning to mid-June levels. The increase was the biggest since the week to Sept. 15, 2023. 

Diamondback Closes $26B Endeavor Deal, Forming Last Permian ‘Sandbox’

Diamondback Energy’s merger with Endeavor Energy Resources forms a company with pro forma production of 468,000 bbl/d (816,000 boe/d) on total Permian acreage of about 838,000 net acres.

CEO: Coterra Drops Last Marcellus Rig, May Halt Completions

Coterra halted Marcellus Shale drilling activity and may stop completions as Appalachia waits for stronger natural gas prices, CEO Tom Jorden said at an industry conference.