Influential Proxy Advisory Firm Backs Cabot, Cimarex Shale Merger
Cabot Oil & Gas and Cimarex Energy shareholders are due to convene on Sept. 29 to vote on the potential merger, which was initially announced in May.
Hart Energy Unconventional Activity Tracker (Week of Sept. 13, 2021)
The largest week-over-week changes to the U.S. rig count occurred in the Anadarko Basin and the Gulf Coast regions.
Best of This Week’s Drilling Activity Highlights (Sept. 10, 2021)
Marcellus Shale completions in Pennsylvania by Chesapeake Energy in Bradford County and Southwestern Energy in Wyoming County plus a gas discovery offshore Malaysia top this week’s oil and gas drilling activity highlights from around the world.
Marketed: EnerVest Utica Shale Nonop, ORRI Assets
EnerVest retained EnergyNet Indigo for the sale of nonoperated working interest and overriding royalty interest within the Utica shale play in Ohio and Pennsylvania.
Hart Energy Unconventional Activity Tracker (Week of Sept. 7, 2021)
The number of rigs running in the U.S. rose by six in the past week with the biggest increase in the Anadarko Basin.
Best of This Week’s Drilling Activity Highlights (Sept. 2, 2021)
Spraberry Field-Wolfcamp A discoveries by Pioneer Natural Resources in the Permian Basin plus Marcellus and Utica well completions in Pennsylvania’s Greene and Washington counties top this week’s oil and gas drilling activity highlights from around the world.
Appalachian Basin Reports Record-breaking Natural Gas Production
Record-high dry natural gas production in the Appalachian Basin was mainly due to the growth in pipeline takeaway capacity, according to the EIA.
Hart Energy Unconventional Activity Tracker (Week of Aug. 30, 2021)
The largest week-over-week changes in the rig count occurred in the Permian Basin and Williston Basin.
Best of This Week’s Drilling Activity Highlights (Aug. 27, 2021)
Comstock Haynesville completions in Louisiana’s Bossier Parish plus Chesapeake results from Marcellus Shale wells and Uteland Butte producers in the Piceance-Uinta Basin top this week’s oil and gas drilling activity highlights from around the world.
US Shale DUC Count Continues to Plunge
All major U.S. oil- and gas-producing regions, including the Permian Basin, saw declines.