Archive for the ‘Utica’ Category
EQT to buy Rice Energy in $8.2-billion deal
June 26th, 2017 by Latest News
EQT Corp., Pittsburgh, has agreed to acquire fellow Marcellus and Utica operator Rice Energy Inc., Canonsburg, Pa., for $6.7 billion, including $1.5 billion in net debt and preferred equity.
EQT to buy Rice Energy in $8.2-billion deal
June 19th, 2017 by Latest News
EQT Corp., Pittsburgh, has agreed to acquire fellow Marcellus and Utica operator Rice Energy Inc., Canonsburg, Pa., for $6.7 billion, including $1.5 billion in net debt and preferred equity.
The US Energy Information Administration
forecasts crude oil production from the seven major US onshore regions
to expand 127,000 b/d month-over-month in July to average 5.475 million
b/d. The Permian and Eagle Ford are projected to account for 108,…
Oklahoma’s Cana Woodford and the New Mexico Permian served as the primarily catalysts behind the 21st consecutive US rig count increase.
BHI: US rig count climbs for 20th straight week
June 2nd, 2017 by Latest News
The number of active drilling rigs spread across the US has increased in 20 straight weeks, according to data compiled by Baker Hughes Inc.
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: Again mirroring Permian activity, US rig count rises in 17th straight week
May 12th, 2017 by Latest News
The US drilling rig count during the week ended May 12 recorded its 17th consecutive increase, bolstered again by rigs targeting oil, drilling horizontally, and stationed on the Permian basin.
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: US rig count rises for 13th straight week
April 13th, 2017 by Latest News
The tally of active rigs in the US gained 8 units to 847 during a week
ended Apr. 13 shortened a day by the Good Friday holiday, Baker Hughes Inc. data indicated. Much of the lift was again provided by the Permian—but this time on the New Mexico portion of the basin.