Castleton Seizes Anadarko Petroleum’s East Texas Play For $1 Billion
Castleton’s managing director for A&D says the company will continue to expand its footprint in the region.
EOG Divestitures Storm Past Half-Billion Dollar Mark
The company may have sold its Haynesville properties to Covey Park Energy.
US Natural Gas Storage Hits All-Time High
This year's high came despite utilities pumping 1.549 Tcf into storage, which was on track to be the lowest amount of gas added during an injection season on record, according to EIA data going back to 1994.
Outlook: US Natgas Output To Drop For First Time Since 2005
The last time year-over-year gas natural gas production declined was in 2005 when Hurricanes Katrina and Rita slammed into the Gulf Coast, damaging energy infrastructure.
Chesapeake Expects To Exit 2017 And 2018 With Higher Output
Between the end of 2017 and 2018, the company expects output to climb 15%, with a 20% jump in oil production, Reuters said.
Covey Park Gains Momentum With Haynesville Deal
The Denham Capital-backed company purchased 34,000 acres in May.
Farquharson Will Become EXCO’s Acting CFO, Treasurer As Peracchi Departs
Harold L. Hickey, CEO and president, said that Tyler Farquharson has worked at EXCO for 11 years, handling business modeling, banking, hedging, budgeting, economics and strategic planning.
Shell: More Than $500 Million Worth Of Upstream Assets For Sale
Shell is currently offering 16 assets worth more than $500 million for sale as part of its vast $30 billion three-year asset sales program, the oil and gas company's head of upstream Andy Brown said on Oct. 19.
Comstock’s South Texas Divestiture To Pay Haynesville Bills
The company plans to use sale proceeds to fund its 2016 drilling program in the Haynesville Shale, which it recently restarted.
Fracking Leads To Lowest Emissions In Quarter Century
Solar and wind power are expected to make up only 7% of electric generation by 2017.