Texas/La Gulf Coast
Rig Counts , Natural Gas
Repsol to Drop Marcellus Rig in June
Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
Storage
Wayangankar: Golden Era for US Natural Gas Storage – Version 2.0
While the current resurgence in gas storage is reminiscent of the 2000s —an era that saw ~400 Bcf of storage capacity additions — the market drivers providing the tailwinds today are drastically different from that cycle.
Dividends/Buybacks
Matador Resources Announces Quarterly Cash Dividend
Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
Shale Plays , Natural Gas , Crude Oil
EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.
Acquisitions & Divestitures
Kimmeridge Withdraws SilverBow Deal to Focus on E&P’s ‘Broken’ Board
Investment firm Kimmeridge said it had withdrawn its offer to combine its Eagle Ford E&P with SilverBow Resources as it promotes a slate of independent directors for SilverBow’s board at the company’s May annual meeting.
Exploration & Production , Health, Safety & Environment
Texas Earthquake Could Further Restrict Oil Companies' Saltwater Disposal Options
The quake was the largest yet in the Stanton Seismic Response Area in the Permian Basin, where regulators were already monitoring seismic activity linked to disposal of saltwater, a natural byproduct of oil and gas production.
Acquisitions & Divestitures , Midstream , DUG Haynesville , Hart Energy Exclusive
Exclusive: Frank Tsuru Reflects on Indigo's History, Impact in the Haynesville
Frank Tsuru, president and CEO of Momentum Midstream and former CEO of Indigo Natural Resources, looks back at the early stages of Haynesville development and the Indigo-Southwestern deal, in this Hart Energy Exclusive interview.
Completions , Unconventional , Drilling , DUG Haynesville , Shale Plays
Haynesville’s Harsh Drilling Conditions Forge Tougher Tech
The Haynesville Shale’s high temperatures and tough rock have caused drillers to evolve, advancing technology that benefits the rest of the industry, experts said.
Acquisitions & Divestitures , Shale Plays , Liquefied Natural Gas (LNG) , DUG Haynesville , Hart Energy Exclusive
Exclusive: Rockcliff CEO on $2.7B TGNR Deal, Value of Haynesville M&A
Rockcliff Energy CEO and President Alan Smith discusses the ups and downs of executing the transaction with TG Natural Resources and what's on the Rockcliff III radar, in this Hart Energy Exclusive interview.
Shale Plays , Natural Gas , Drilling , DUG Haynesville
‘Monster’ Gas: Aethon’s 16,000-foot Dive in Haynesville West
Aethon Energy’s COO described challenges in the far western Haynesville stepout, while other operators opened their books on the latest in the legacy Haynesville at Hart Energy’s DUG GAS+ Conference and Expo in Shreveport, Louisiana.