- Tight Gas & Oil
- Gas Hydrates
Oil and gas companies are increasingly turning to technology and improved techniques to become more efficient and grow output as low oil prices slowly rebound.
With a JV in the Marcellus under wraps, Rex is also pursuing the sale of its 60% ownership interest in its water service subsidiary with estimated proceeds of $60 million to $80 million.
Pricing appears to have bottomed for well stimulation services in the traditional dry gas shales, including the Barnett, Haynesville and dry Woodford.
QEP Resources’ well results reign supreme in the Williston amidst oil production and rig count declines—all while a DUC time bomb waits to go off in North Dakota.
Analyst downgrades EOG, Pioneer Natural Resources and Cimarex despite strong management, liquidity and resources because they appear near the high end of their trading ranges.
The purchased acreage, which is entirely undeveloped, represents a natural bolt-on to Gulfport's existing position in the shale play and translates to $12,700 per acre.
E&Ps and service companies, such as Halliburton, are using sand, ceramics and other substances to draw out as much hydrocarbon as possible, but it’s a daunting challenge.
Chesapeake settles with affiliate, but will pursue case that accuses its former CEO of misappropriating “highly sensitive trade secrets from the company” about the Utica Shale and other areas.
Even though regional oil and gas volumes are expected to rise in 2015, continuing low oil and gas prices are causing a number of companies to either stop drilling or to scale back Utica Shale operations.
The industry is calling out to engineers, technology innovators and startups to submit their ideas to lower the amount of sand required in fracking and a chance to win $25,000.
Operators entering maintenance mode as E&Ps wait out direction in commodity prices.
Sand use per well rises, but fewer wells result in lower proppant demand. Sand pricing is down as much as 50% versus peak ceramics rapidly losing marketshare.