Texas Legislation Ends Municipalities' Say In Fracking Bans
Gov. Greg Abbott signs a bill that erases November’s Denton, Texas, hydraulic fracturing ban but many ordinances, particularly subsurface oil and gas regulations, may also be history.
Williams Swallows Up MLP In $13.8 Billion Merger
Combined midstream operations will include the Marcellus, Utica, Eagle Ford, Haynesville, Barnett, Midcontinent and Niobrara. It’s anticipated to be one of the largest, high-dividend paying C-Corps in the energy sector.
Losses, Deals And Operations: Industry Stands Up To Price Headwinds
E&Ps showed fortitude in the downturn, benefitting from cost concessions while dealing with impairments to their assets because of low oil prices.
Nickerson Will Retire As MarkWest EVP
Randy S. Nickerson will retire in 2016 as executive vice president and chief commercial officer. Due to these changes, the responsibilities of several executives will change.
EXCO Details 1Q 2015 Operating Results
The company completed one gross operated Marcellus well in Northeast Pennsylvania. In the area, 75% of acreage is HBP. The average per-well cost in the Eagle Ford was reduced.
Goodrich Alive In TMS But Tempted By Eagle Ford Divestment
Goodrich’s Eagle Ford Shale position is located in Frio and LaSalle counties, Texas, near producers Chesapeake Energy, Cabot, Carrizo and EOG Resources.
Midstates Closes Dequincy Assets Sale
Developed and undeveloped acreage in Beauregard and Calcasieu parishes sold for $44 million. About $42 million in net proceeds will pay some outstanding borrowings and support general corporate purposes.
Operators Move To Higher Proppant Loading In Haynesville
Enhanced completion techniques developed in tight oil plays are beginning to show up in traditional dry gas shales such as the Haynesville with operators adopting extended laterals and higher proppant loading.
Encana Might Market Haynesville Acreage
Encana is unloading gas assets to concentrate on oil and liquids drilling, Bloomberg said. Citigroup is soliciting offers for Encana’s Haynesville Shale acreage, said people with knowledge of the matter.
Refracking Presents Opportunity For Shale Plays
Oil and gas companies are increasingly turning to technology and improved techniques to become more efficient and grow output as low oil prices slowly rebound.