Marcellus
Drilling
Schlumberger Introduces StrataBlade Concave Diamond Element Bit
Drill bit with unique concave-shaped cutting elements reduces drilling costs, improves overall drilling performance.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Oct. 28, 2020
Here’s a snapshot of recent energy deals including the $735 million purchase of Chevron’s Appalachia assets by EQT plus a Laredo Petroleum Permian Basin asset acquisition.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Midstream
EQT to Acquire Chevron’s Appalachia Assets for $735 Million
EQT CEO Toby Rice described the Chevron acquisition as a natural bolt-on extension of EQT’s dominant position in the core of the southwest Marcellus in the Appalachian Basin.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Oct. 26, 2020)
The rig count slowly increased by nine new rigs this past week with increases in the Rockies and Permian Basin.
Rig Counts , Unconventional
Chart: Eastern Rig Count as of October 23, 2020
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers
Shale Gas Producer EQT Reportedly Seeking to Buy CNX Resources
EQT had recently sent a takeover proposal to rival CNX Resources, a report said, adding that no final decision has been made.
Highlights , Shale Plays
E&P Plus: October 2020 US Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the October issue of E&P Plus including Chesapeake Energy Marcellus Shale discoveries plus a Wolfcamp well tested by Occidental Petroleum in New Mexico’s Eddy County.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Oct. 19, 2020)
Rig count is up 13% in the last month. The most significant weekly rig increases by major basin were in the Permian (up four to 129), Gulf Coast (up four to 31) and Appalachia (up three to 35).
Business , Exploration & Production , Natural Gas , Legislation , Shale Plays , Technology
Opinion: How US Fracking Could Be an Unlikely Beneficiary of a ‘Blue Wave’
Optimism for the dry gas sector is bubbling up like methane in a Pennsylvania spring.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Oct. 16, 2020)
A Bone Spring discovery by WPX Energy within the Permian Basin in Loving County, Texas, plus EOG Resources’ horizontal Wolfcamp Shale producers from a Phantom Field wellpad top this week’s drilling activity highlights from around the world.