USGS, study, fracking, water, shale

Frack Water Use Varies From Sips To Gulps, Study Says

Researchers find that water volumes for fracking within watersheds across the U.S. range from as little as 2,600 gallons to as much as 9.7 million gallons per well.

July 2, 2015

Big Leagues: Solich Buys Chesapeake’s Cleveland, Tonkawa, Marmaton Assets

FourPoint Energy transforms its Anadarko Basin toehold into a firm boot print, but for Chesapeake it’s uncertain how much in proceeds the company will receive for its outside backed subsidiaries.

July 2, 2015
DUG East, conference, Marcellus, Utica, shale, Derek Rice, Rice Energy

Marcellus, Utica Core Areas Bring Reward For Rice Energy

In six years, Rice Energy has become a Top 25 producer of natural gas in the U.S. with operations focused in the Appalachian Basin.

July 2, 2015
Permian Basin, well service, workover, survey

Bounce Or Bottom: Permian Well Service Activity Sees Modest Increase

All eight respondents in the survey said that demand for well service had stabilized in the last few weeks after generally declining quarter-to-quarter. No change to rig pricing or job mix, which is predominately routine well maintenance.

July 2, 2015
DUG East, conference, Marcellus, Utica, shale, Dale Malody, Chesapeake, Appalachian Basin

Chesapeake: Capturing More For Less In The Appalachian Basin

Chesapeake Energy, a top-tier operator in the Appalachian Basin’s Marcellus and Utica shale plays, is focusing on cost control, rock quality and operational changes.

July 2, 2015
Shale, Deals, 2015, Mike Kelly, Global Hunter Securities, GHS

E&P Buyers, Sellers Seek Pint-Sized Shale Deals In Second Half 2015

Companies are motivated by ambition and opportunity, while sellers are trying to get ahead of debt or stay afloat in a turbulent year for A&D.

July 1, 2015

Enhanced Completions Gain Attention Amid Push For Greater Efficiency

Companies are focusing on enhanced completions among other techniques and technology to boost production in the Marcellus and Utica shale plays, but cluster efficiency remains an area of concern.

July 1, 2015
Permian Basin, rig pricing, drilling, survey, Hart Energy

Permian Basin Rig Pricing Bottoms, But Road To Recovery Still Far

Rig pricing has bottomed, though anticipation of a price recovery now stretches out to mid-2016 on the basis of too many rigs, too much oil, and low commodity prices, say service providers.

July 1, 2015
DUG East, conference, Marcellus, Utica, shale, Ben Hulburt, Eclipse Resources

Showing Some Speed And Efficiency In The Utica

Eclipse Resource’s CEO notes that since the company began operated drilling in 2013, it has increased lateral lengths by 33%, while well costs have been lowered by 23%.

June 30, 2015
DUG East, conference, Marcellus, Utica, shale, Tom Petrie, Petrie Partners

The Energy Business Is ‘Living Dangerously’ In A Changing World

Multiple political and military trends, along with the rise in U.S. crude oil and natural gas production, are occurring at the same time. And that makes for an uneasy situation, Tom Petrie says.

June 30, 2015
New Standard, Australia, Eagle Ford, shale, Texas, sale, divest, A D, Magnum Hunter Resources

Australia’s New Standard Plans Early Exit From Eagle Ford Shale

New Standard’s drilling and operating program in the Eagle Ford has been overseen by its majority shareholder, Magnum Hunter Resources Corp.

June 29, 2015

Meritage, NGL Energy JV Opens Up Powder River Opportunities

The partnership could serve as a launching point for continued growth in the region, analyst says.

June 29, 2015