Archive for the ‘Utica’ Category
The US rig count ended a 5-week streak of declines with a surprise 9-unit jump to 907 during the week ended Nov. 10, data from Baker Hughes indicate. The cumulative increase reflects gains in land-based and oil-targeting rigs.
Pennsylvania Gov. Tom Wolf (D) called on Pennsylvania House
Republican leaders to consider imposing a severance tax on
unconventional natural gas production. “It is well past time for [them]
to allow a vote on a commonsense severance tax that will make oil and
gas companies finally pay their fair share,” he said on Oct. 24.
EIA: Major US onshore regions’ oil output to rise 81,000 b/d in November
October 16th, 2017 by Latest News
Crude oil production from the major US onshore regions is forecast to increase 81,000 b/d month-over-month in November to 6.12 million b/d, the US Energy Information Administration said in its monthly Drilling Productivity Report.
Williams to provide Southwestern expanded gas services in West Virginia
October 13th, 2017 by Latest News
Williams Partners LP has agreed to provide natural gas processing, fractionation, and liquids handling services in Southwestern Energy Co.’s
wet gas acreage in the Marcellus and Upper Devonian shale along with
gas gathering services in the Houston operator’s South Utica dry gas
acreage.
EIA forecasts 79,000-bo/d rise in October from major US onshore regions
September 18th, 2017 by Latest News
Crude oil output from the seven major US onshore producing regions is
forecast to increase 79,000 b/d month-over-month in October to 6.083
million b/d, the US Energy Information Administration said in its latest
monthly Drilling Productivity Report.
EIA: Major US onshore regions’ oil output to rise 117,000 b/d in September
August 14th, 2017 by Latest News
Crude oil production from the seven major US onshore producing regions is forecast to increase 117,000 b/d month-over-month in September to 6.149 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report.
Major US operators entered 2017 with increased capital budgets and plans to ramp up drilling in the Lower 48’s most promising regions, namely the Permian basin and Sooner Trend Anadarko basin Canadian and Kingfisher counties (STACK) play.
EQT halts Utica test to focus on Marcellus
July 28th, 2017 by Latest News
EQT Corp., Pittsburgh, has suspended a test program in the Utica shale to concentrate on drilling in the Marcellus shale boosted by its planned acquisition of Rice Energy Inc., Canonsburg, Pa.
Crude oil production from the seven major US onshore regions is
projected to rise 113,000 b/d month-over-month in August to 5.585
million b/d, the US Energy Information Administration says in its Drilling Productivity Report.