Marcellus/Utica

News
November 26, 2023
The combined average expected 2024 production from the properties in the Northern Delaware and Appalachian basins is anticipated to reach roughly 6,500 boed.

News
November 20, 2023
Kimmeridge Energy Management Co., which is an active U.S. oil and gas investor, said a merger of Chesapeake Energy Corp. and Southwestern Energy Co. would create one of the industry’s most sought-after stocks.

News
November 16, 2023
(WO) — WhiteHawk Energy LLC has announced the acquisition of additional Marcellus Shale natural gas mineral and royalty assets for a total purchase price of $54 million.

News
July 17, 2023
The company received a grade A under the MiQ methane emissions standard and a grade A- from Equitable Origin's EO100 Standard for Responsible Energy Development, which focuses on environmental, social and governance (ESG) performance.

Article
February 2023
Price volatility, pipeline scarcity help corral production

News
February 25, 2023
The Texas-based oil and gas explorer is weighing a deal for the smaller U.S. rival as it seeks further consolidation in the shale industry, the people said, asking not to be identified discussing confidential information.

News
December 02, 2022
EQT Corp. said the U.S. antitrust regulator asked for additional information and documentary materials in connection with a $5.2 billion acquisition announced in September, a move that raises questions on the largest U.S. natural gas producer’s ability to keep its acquisition spree.

Article
June 2022
Marcellus shale gas wells are often challenged by increasing liquid loading frequency, yielding decreased production, reduced workforce efficiency, and increased GHG emissions, due to required well interventions. Leveraging data-driven, cloud-based plunger lift optimization, CNX Resources increased gas production and reduced GHG emissions.

News
June 20, 2022
Global well integrity and production optimization company Coretrax has completed a world record-breaking project in the Utica Basin, Northeast U.S., for a major gas operator with its ReLine Expandable Technology.

Article
February 2022
A major artic blast came with the new year across the Eastern United States, leading to a spike in natural gas prices on top of already multi-year highs in a volatile market. For now, most producers in the Marcellus and Utica shales across the Pennsylvania, West Virginia and Ohio fairway are refraining from exponential drilling and production growth.

Article
October 2021
Discipline tested, as gas continues upward trajectory

News
August 04, 2021
The high-performing electric frac solution reduced emissions for Chesapeake by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeake’s local field gas network.

News
May 24, 2021
The merger of Cabot Oil & Gas Corp. with Cimarex Energy Co. announced Monday has confounded investors and analysts, leaving them to question the logic behind a tie-up that the companies say will increase diversification. Cimarex is mostly an oil explorer in Texas and Oklahoma, while Cabot is focused on natural gas drilling in the Marcellus shale basin in Appalachia.

News
May 06, 2021
EQT Corporation today announced it entered into a purchase agreement with Alta Resources Development, pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion, subject to customary closing adjustments.

News
April 22, 2021
Kayrros has released measurements quantifying the total methane emissions across the Appalachian Basin. The findings, derived from satellite data and proprietary algorithms, place the Appalachian Basin ahead of the Permian as the biggest source of methane in the US and identify the primary sources behind its emissions.

News
April 13, 2021
Crude production in the Permian basin will reach 4.466 million barrels a day in May, the most in a year, and rig counts have touched a one-year high, according to the latest data from the Energy Information Administration.

News
October 21, 2020
“There’s only going to be three or four independents that are investable by shareholders” after the recent market rout, Pioneer CEO Scott Sheffield said on a conference call with analysts. “The best companies have been picked off the past few weeks.”

News
October 19, 2020
“The pace of activity declines in the international markets is slowing, while the North America industry structure continues to improve, and activity is stabilizing,” Halliburton CEO Jeff Miller said in a statement.

Article
September 2020
The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production.

News
September 24, 2020
After all the trauma the U.S. oil industry has been through this year -- from production cuts to mass layoffs and a string of bankruptcies -- many producers say they’re still prioritizing output over reducing debt.
Article
September 2020
Gas Prospects Rise in Concert with Oil Woes