Items Tagged with 'company'

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Antero NatGas Output Continues Rising, Liquids Production Climbing Sharply

Antero Resources Corp. reported surging natural gas production once again during the third quarter, with volumes reaching 1.08 Bcfe/d, up 21% from the second quarter and almost double from year-ago volumes (see Shale Daily, Aug. 8; Nov. 8, 2013). Read More

WPX Still Appealing PA Orders to Replace Families’ Water Supplies

WPX Energy Inc. has appealed all three of the Pennsylvania Department of Environmental Protection's (DEP) orders to permanently replace the water supplies of families that were impacted by problems at the company's impoundment in Westmoreland County in 2012. Read More

EQT Fights Escalating Penalties for Water Violations

Marcellus heavyweight EQT Corp., one of Pennsylvania's leading producers, is in a showdown with the state Department of Environmental Protection (DEP) over a 2012 impoundment leak that finds it facing a $4.53 million fine and six separate criminal charges in Commonwealth Court. Read More

Oxy Board Approves California Oil, Gas Spin-Off

Houston-based Occidental Petroleum Corp.'s (Oxy) board of directors on Thursday approved the spin-off of the company's substantial California oil and natural gas business into an independent, separately traded unit, California Resources Corp. (CRC). Read More

Trans Energy Admits Clean Water Act Violations; Incidents Will Cost Millions

Less than a month after federal regulators levied a $3 million fine against Trans Energy Inc. for illegally dumping materials into streams and wetlands in West Virginia, the company pleaded guilty in U.S. District Court on Wednesday to three counts of violating the Clean Water Act (CWA). Read More

Feds Charge Former Consol Employee in Royalty Theft

Federal prosecutors have charged a former Consol Energy Inc. manager with 60 counts of mail fraud for an alleged royalties scheme that siphoned $440,000 from the company's interests at parcels in West Virginia and Illinois, according to charges filed Monday. Read More

Siemens Expanding U.S. Natural Gas, Oil Footprint With Dresser Takeover

Germany's Siemens AG is laying down $7.6 billion in cash to take over U.S. oilfield equipment maker Dresser-Rand Group Inc., giving it a bigger domestic market share, and as important, more access to Houston natural gas and oil decision-makers, the company’s CEO said Monday. Read More

Pennsylvania Fines Range Resources $4.15M for Impoundment Violations

The Pennsylvania Department of Environmental Protection slapped Range Resources Corp. with a $4.15 million fine for a series of violations at six of the company's water impoundments in southwest Pennsylvania, representing the largest financial penalty against any operator in the state's shale drilling era. Read More

In Latest Incident, Hilcorp Seeks Cause of Weekend Wellsite Fire

Hilcorp Energy Co. and state regulators are still trying to determine what caused a separator to catch fire early last Saturday at one of its well sites in Mercer County, PA, near the Ohio border. Read More

Callon Acquiring Midland Basin Properties for Nearly $213M

Callon Petroleum Co. has agreed to purchase more than 6,000 gross acres of both undeveloped and producing property, spread across four Texas counties in the Midland Basin, from undisclosed private sellers for $212.6 million in cash. Read More