Articles by Jamison Cocklin

Chevron 'Restructuring' Appalachian Business Unit

In what it said is an effort to improve regional business performance, Chevron Corp. is restructuring its Appalachian business unit, which oversees the company’s Marcellus and Utica shale assets. Read More

Low Gas Prices, Lack of Production Stymie Rice in 3Q

In its third conference call to discuss quarterly earnings since going public in January, Rice Energy Inc.’s management team on Wednesday failed to impress, as year-over-year natural gas prices plummeted and production was held back by a lack of progress in the Marcellus Shale, where it completed only five wells during the period. Read More

One Dead After Explosion at Blue Racer Midstream Site in Ohio

An electrical subcontractor was killed late Wednesday after an accident at a condensate pumping skid caused an explosion and fire at a site owned and operated by Blue Racer Midstream LLC in Noble County, OH, the company confirmed in a statement. Read More

Rex Energy Suspends Operations Near Pennsylvania School

Rex Energy Corp. has notified a group of its lessors in western Pennsylvania that it has been forced to suspend operations at a five-well pad while it awaits the outcome of a zoning appeal filed by two environmental groups and residents in Butler County that want drilling halted near a school. Read More

Hess Talks Utica, Issues First EUR For Wells

For the first time since entering the play, Hess Corp. has issued production guidance for its Utica Shale assets in Ohio, estimating that its wells there will be producing 40,000 boe/d by 2020. Read More

EVEP to Sell Joint Venture Acreage In Ohio's Utica Shale

EV Energy Partners LP (EVEP) said Monday that it will begin marketing both its operated and non-operated joint venture (JV) acreage in Ohio's Utica Shale next year, where the company believes its efforts with Chesapeake Energy Corp. and Total E&P USA have made clear the asset's value for a successful sale. Read More

Gastar Approaching 2015 With Caution

Gastar Exploration Inc. expects to cut its capital budget and scale back the number of wells it plans to drill next year, electing to take a more cautious approach as its Appalachian natural gas production continues to be impacted by declining basis differentials and crude oil prices remain weak. Read More

Senate Committee Set to Vote on Legislation to Speed Up LNG Export Approvals

The U.S. Senate Committee on Energy and Natural Resources is expected to meet on Thursday to vote on a bill that would help expedite the approval of applications to export domestically produced liquefied natural gas to non-Free Trade Agreement countries. Read More

Magnum to Take Midstream Subsidiary Public in Early 2015

Magnum Hunter Resources Corp. said Friday it plans to take its Appalachian midstream subsidiary, Eureka Hunter, public sometime early next year, as throughput on the system continues to rise and the company plans to bring a backlog of wells online in the Marcellus and Utica shales. Read More

Shell Will Purchase Pennsylvania Land for Multi-Billion Dollar Cracker

More than two years after it signed an option to buy a 300-acre plot of land in western Pennsylvania for its proposed multi-billion dollar ethane cracker, Royal Dutch Shell plc affiliate Shell Chemical LP is moving forward with its purchase and will soon begin preliminary site development. Read More