High-volume Bakken completions, Marcellus Shale discoveries from Cabot and Chesapeake plus results of three Woodford Shale wells in Oklahoma’s Grady County by Continental Resources top this week’s oil and gas drilling activity highlights from around the world.
High costs, regulatory hurdles and environmentalist opponents have made it difficult to construct major natural gas pipelines out of Appalachia.
The acquisitions of Vega Energy Partners and WGL Midstream follow the sale of AltaGas’ U.S. transportation and storage business to an entity owned by 61C Global and Vega for roughly $275 million on April 23.
Pipeline company argues that the Natural Gas Act allows it to exercise the power of eminent domain.
Doug Lawler stepped in at Chesapeake Energy in 2013 following the departure of the company’s then CEO, Aubrey K. McClendon, who co-founded the Oklahoma City-based company and built it into a shale gas giant.
Marcellus Shale discoveries reported in Harrison County, West Virginia, Continental Resources Middle Bakken and Three Forks producers at single drill pad plus four Hayneville wells completed in Caddo Parish by Chesapeake Energy top this week’s oil and gas drilling activity highlights from around the world.
While the methane footprint of the Appalachian Basin was found to be larger than that of the Permian in absolute terms, the methane intensity of gas production in Appalachia was lower, says data analytics firm Kayrros.
Here’s a snapshot of recent energy deals including a new JV formed by Vortus Investment Advisors to develop oil-rich assets in the Permian Basin in New Mexico’s Eddy County.