Analysts: Top-Tier Drilling Inventory Shrinking as Well Costs Rise
The cost of supply for North American shale producers is expected to continue rising, according to a recent analysis by Enverus Intelligence Research.
Coming Soon: The More Than 10 Bcf/d Bigger Call On US Gas
Get ready for a Gulf Coast gas boom. Answering the call isn’t going to be the Marcellus, which is constrained, said Chesapeake Energy Corp. CEO Nick Dell’Osso.
EQT (Finally) Closes $5.2B Tug Hill, XcL Midstream Acquisition
After purchase price adjustments, EQT paid approximately $2.4 billion of cash and 49.6 million shares of EQT common stock for the Tug hill and XcL Midstream assets.
Repsol Optimizing Venezuelan Gas, Focused on US Consolidation
Spain’s Repsol S.A. has an eye on optimizing its Venezuelan natural gas production as well as consolidating the U.S. as a key growth area, according to the company’s CEO and executive director Josu Jon Imaz San Miguel.
WhiteHawk Energy Takes Spurned PHX Minerals Merger Proposal Public
After several unsuccessful attempts to engage PHX Minerals in merger talks, WhiteHawk Energy released a letter communicating its proposal directly to PHX shareholders.
Coterra: Drilling, Services Costs Could Fall 5% into 2024
Coterra Energy has started to see relief in well costs on big-ticket items like steel, sand and frac crews, the E&P reported in second-quarter earnings.
EQT Corp. Near Closing of $5.2B Tug Hill Acquisition
Tug Hill's midstream assets would boost EQT Corp.’s access to markets, but the deal has languished for nearly a year while under regulatory scrutiny.
Range Resources Posts Q2 Beat as Commodity Prices Topple Rigs
Range Resources is allocating its free cash flow towards debt reduction and maintaining flat production, the Marcellus E&P reported in second-quarter earnings.
URTeC: Antero Harnessing Power of Completions, Efficiency [WATCH]
Hart Energy's senior technology editor Jennifer Pallanich spoke with Jon McEvers, Antero Resources' senior vice president of operations, about completions, efficiency and unconventionals.
Capstone Receives More Business from Marcellus E&P
Capstone Green Energy Corp.’s subsidiary said it’s been contracted to deliver 10 additional power-generating microturbines to a Marcellus Shale producer.