New Mexico In Depth – Seated on the floor of First Christian Church on a recent Sunday morning, Pastor Dave Rogers pierces...
SMILEY, Texas (Reuters) – At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest...
Dallas Morning News – America’s top shale field, the Permian Basin is becoming increasingly gassy as drilling slows down, undercutting profits for...
S&P Global Platts – Brandon Evans – Continued production in Oklahoma’s SCOOP-STACK demonstrates how tracking rig count to determine production swings has...
(Bloomberg) — Global oil markets notched up a number of milestones this year that echoed the story of the past decade: the...
KEY POINTS In the past decade, U.S. oil production has grown dramatically, leapfrogging Saudi Arabia and Russia, but with that quick growth...
Across the country, energy operators are flaring or venting more natural gas at power plants on average each day than ever before....
THE DISPUTE By: K&L Gates – On November 8, 2019, Alta Mesa Resources, Inc. (“Alta Mesa”) and Kingfisher Midstream, LLC (“Kingfisher”)...
Reuters – Oilfield service company Superior Energy Services Inc. on Monday said it will shutter its hydraulic fracturing unit, the second supplier...
By Kathleen Sgamma – Las Vegas Review Journal – Perhaps Nevada’s small oil and natural gas industry has been out-of-sight, out-of-mind for...
Coterra Energy has recently released its last Marcellus Shale rig and may suspend well completions in the area. CEO Tom Jorden announced at a conference that the company currently has no active rigs in the Marcellus, with only one frac crew remaining. Once this crew finishes its work, Coterra may halt all completion activities in the region.
The company is shifting its capital towards more liquids-rich areas such as the Permian and Anadarko basins. This strategic move comes as low gas prices negatively impact exploration and production companies focused on natural gas. Coterra, formed from the merger of Cimarex Energy and Cabot Oil & Gas, is leveraging its diverse portfolio to adapt to market conditions.
Coterra's decision to potentially pause operations in the Marcellus is significant given the company's historical involvement in the play. Cabot Oil & Gas, now part of Coterra, was an early developer of the horizontal Marcellus play, following Range Resources, which is credited with discovering the play in 2007. As of the end of 2023, Coterra held approximately 186,000 net acres in the Marcellus dry gas window, primarily in Susquehanna County, Pennsylvania.
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A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
Helium is the second most abundant element in the universe after hydrogen. It is a...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
By Irina Slav for Oilprice.com | Crude oil prices moved higher today after the...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC),...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry...
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