- Tight Gas & Oil
- Gas Hydrates
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.
Chesapeake and WPX, forging ahead despite low oil prices, detail bright spots in Western basins.
The company spent $835 million of its $2 billion budget in first-quarter 2015, but holds a $4.5 billion borrowing base and is shopping midstream assets.