SEATTLE, Oct. 12, 2018 /PRNewswire/ — JND Class Action Administration – Citation Oil and Gas Corp. The Settlement Class includes: All non-excluded owners of a...
U.S. natural gas supply report. Source: U.S. Energy Information Administration, Natural Gas Monthly, September 2018 In the first half of 2018, U.S. natural gas...
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OKLAHOMA CITY (TNS) — Six Oklahomans made the prestigious Forbes 400 list of wealthiest Americans, while one recently cracked the list of...
DENVER, Oct. 2, 2018 /PRNewswire/ — LongPoint Minerals II, LLC (LongPoint II) announced the closing of its capital raise totaling over $846 million with an anchor equity...
Cenovus Energy Inc. Chief Executive Officer Alex Pourbaix was in his office in downtown Calgary, Canada in late August when he checked his...
In the previous article hopefully, I prompted an appreciation for sand, particularly the silica sand used for hydraulic fracturing of most wells...
For a number of reasons, the US inventory of drilled-but-uncompleted wells (DUCs) has swelled from almost 4,300 to more than 8,200 in...
Tall City Exploration III LLC an oil and gas exploration and production company announced today that it has received a line of...
(Bloomberg) — Matador Resources Co. was the anonymous purchaser of drilling rights in the Permian shale that fetched a record $95,001 per...
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.
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
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...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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...
A growing number of U.S. and Canadian regional banks are rapidly increasing their presence...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
Story By Charles Kennedy for Oilprice.com| Refining margins across Asia fell this week to...
Irina Slav for Oilprice.com | Oil stocks went back in vogue two years ago...
Artificial intelligence (AI) is increasingly influencing electricity consumption in the U.S., mainly due to...
The Matterhorn natural gas pipeline, currently the largest under construction in Texas, has begun...
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