Archive for the ‘Marcellus Shale’ Category
Quantum to buy Noble’s stake in Marcellus midstream partnership for $765 million
May 18th, 2017 by Latest News
EIA: Permian, Eagle Ford to continue bolstering US onshore oil output in June
May 15th, 2017 by Latest News
Crude oil production from the seven major US onshore producing
regions is forecast to rise 122,000 b/d month-over-month in June to
average 5.401 million b/d, according to the US Energy Information
Administration’s latest Drilling Productivity Report. All but 15,000 b/d of the increase is expected to come from the Permian and Eagle Ford.
BHI: Permian, overall US rig counts each up 7
May 5th, 2017 by Latest News
The rig counts for the US and its largest drilling and production
region each gained 7 units during the week ended May 5, according to
data from Baker Hughes Inc.
Noble Energy Inc.,
Houston, has agreed to sell all of its upstream assets in northern West
Virginia and southern Pennsylvania to an undisclosed buyer for $1.225
billion.
Fitch forecasts increasing US rig counts
April 21st, 2017 by Latest News
US exploration and production budgets are expanding for the first
time since 2014, Fitch Ratings said, adding that its analysts expect
higher US rig counts along with increased drilling and completion
spending in 2017 compared with 2016.
PwC reports record-high US oil, gas M&A deal value for first quarter
April 20th, 2017 by Latest News
Mergers and acquisitions in the US oil and gas industry hit a record value for a first quarter, reinvigorated by steadier oil and gas prices, a new pro-energy administration, and technological advances, according to PwC LLP’s latest energy deals report.
BHI: Permian leads 15-unit jump in US rig count
April 7th, 2017 by Latest News
The US drilling rig count’s surge continued during the week ended Apr. 7 with another 15-unit increase, according to Baker Hughes Inc. data. Twelve of those units started up in the Permian basin.