Items Tagged with 'production'

ARTICLES

Falling Oil Prices Squeezing Onshore E&P Operators

It's only a "matter of weeks" before onshore operators begin laying down rigs in some U.S. oilfields, one industry observer told NGI on Tuesday. Onshore exploration and production (E&P) companies also are seeking price relief from oilfield service operators, according to one energy analyst. Read More

With Consol Production Up, Company Plans Split of Coal, Gas Businesses

Consol Energy Inc. continued to shake up its business model in the third quarter, once again setting a natural gas production record that saw major gains in liquids volumes from both the Marcellus and Utica shales as it continues its transition from coal to exploration and production (E&P). Read More

Five-Year Outlook: North Dakota Oil Production to Grow Steadily

On average, North Dakota oil production, which surged past the 1 million b/d mark earlier this year, will continue to grow steadily at a rate of about 18,000 b/d each month through 2019, according to a study completed in September for the state legislature. Read More

Fayetteville Still Powering Southwestern, But Marcellus Coming on Strong

The Fayetteville Shale delivered its highest quarterly production results ever for Southwestern Energy Co... Read More

EQT to Profit From Fewer Wells, Longer Laterals

EQT Corp. plans to do more with fewer wells heading into the end of the year and into 2015, outlining a strategy on Thursday during its third quarter conference call that relies on longer laterals rather than more wells to increase output going forward. Read More

U.S. Energy Independence 10 Years Away, Wood Mackenzie Says

The road to energy independence has two lanes: produce more and consume less. Thanks to growing output from shale plays and increasing energy efficiency, the United States is driving in both lanes and is estimated to reach energy independence by 2025, according to consultancy Wood Mackenzie. Read More

Oxy Puts More Emphasis on Permian as California Splits Off

Reporting lower year-over-year 3Q2014 profits tied to lower oil prices and higher costs, Occidental Petroleum Corp. senior executives expressed bullishness Thursday... Read More

Pennsylvania Legislature Passes Bill Calling for Monthly Unconventional Production Reports

Lawmakers in both chambers of the Pennsylvania General Assembly have unanimously passed a bill requiring operators of unconventional oil and gas wells to report their production on a monthly basis, a similar practice in other major producing states. The bill is awaiting Gov. Tom Corbett's signature. Read More

Genscape Says Another Polar Vortex Won't Sap Supplies, Spike Prices

The upcoming winter season in the Lower 48 is expected to be warmer than the last one, but even if the polar vortex returns for a sequel, many factors would likely... Read More

LNG First-Mover Algeria Seeking to Grow Exports

It was 50 years ago this month that the Methane Princess delivered the world's first commercial liquefied natural gas (LNG) cargo from Algeria to the United Kingdom. Much has changed since, and notably, Algeria could see its profile as an LNG supplier grow while European consumers increasingly turn to the fuel as an alternative to pipeline gas from Russia. Read More

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