CNX’s $505MM Bolt-On Adds Marcellus, Deep Utica in Pennsylvania

CNX Resources CEO Nick Deluliis said the deal to buy Apex Energy underscores CNX’s confidence in the stacked pay development opportunities unlocked in the deep Utica.

December 5, 2024

Utica Play Economics Are Middleweight, Enverus Says

Returns in America’s modest, middleweight oil play, are above the Bakken and Eagle Ford, but rank below the Midland, Delaware and Denver-Julesburg basins, Enverus reported.

December 4, 2024

Utica Oil E&P Infinity Natural Resources’ IPO Gains 7 More Bankers

Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.

November 27, 2024

Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway

With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.

November 26, 2024

Exclusive: CNX Exec Says NatGas Goes Far Beyond Data Center Needs

As a resilient energy source, no other solution comes close to providing the dependable power of natural gas, CNX New Technologies President Ravi Srivastava told Hart Energy.

November 25, 2024

DT Midstream to Buy 3 Pipe Networks from ONEOK in $1.2B Deal

ONEOK plans to use the proceeds from the sale of the Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission to focus on other operational priorities.

November 19, 2024

Exclusive: MPLX's Liquid Lines Support Growing NGL Exports

MPLX Executive Vice President and COO Greg Floerke delves into the company evolution in Appalachia and the increase in its liquids exports and production scale, in this Hart Energy Exclusive interview.

November 19, 2024

Encino’s Tim Parker: Plenty of Utica Oil—and Takeaway Too

Encino Energy's Tim Parker tells Hart Energy's Nissa Darbonne about the economics of drilling in the company's Utica oil development at the DUG Appalachia Conference and Expo. 

November 15, 2024

EOG Greenlights Second Rig to Ohio Utica Oil Wildcatting

EOG Resources has put 25 modern stimulated horizontals to date in the oily Utica fairway in eastern Ohio with one rig and IPs of up to 3,250 boe/d, 70% oil and 85% liquids.

November 12, 2024

Utica’s Encino Boasts Four Pillars to Claim Top Appalachian Oil Producer

Encino’s aggressive expansion in the Utica shale has not only reshaped its business, but also set new benchmarks for operational excellence in the sector.

November 8, 2024