How Did M-U Drillers Spend All Their Extra Cash in 2Q22?

Drillers (exploration and production companies, or E&Ps) were thrilled with record-high earnings and cash flow in the second quarter of… Continue reading The post How Did M-U Drillers Spend All Their Extra Cash in 2Q22? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21

After several weeks of anemic permit numbers for Pennsylvania, last week PA came roaring back by issuing 30 permits to… Continue reading The post 45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Chesapeake Energy Hires Evercore to Auction Off Eagle Ford Assets

In April 2021, MDN brought you the news that Chesapeake Energy, after buying Eagle Ford oil assets in 2018 for… Continue reading The post Chesapeake Energy Hires Evercore to Auction Off Eagle Ford Assets first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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37 New Shale Well Permits Issued for PA-OH-WV Jul 4-10

For the week of July 4-10, the three Marcellus/Utica states issued 37 permits to drill new shale wells. Pennsylvania led… Continue reading The post 37 New Shale Well Permits Issued for PA-OH-WV Jul 4-10 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Marcellus/Utica Drillers Reimburse Stockholders as Cash Piles Up

Wow! What a difference two years can make. At the dawn of the pandemic, the share price for publicly traded… Continue reading The post Marcellus/Utica Drillers Reimburse Stockholders as Cash Piles Up first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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4 Marcellus/Utica Drillers Earn Over $1 Billion in 1Q22

The oil and gas industry historically has been subject to wide swings in profits and losses. Some years are up,… Continue reading The post 4 Marcellus/Utica Drillers Earn Over $1 Billion in 1Q22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Chesapeake Energy Boosts Stock Buyback from $1B to $2B

Last December the Chesapeake Energy board of directors authorized management to buy back up to $1 billion worth of company… Continue reading The post Chesapeake Energy Boosts Stock Buyback from $1B to $2B first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Conference Addresses Why It’s Hard to Export More M-U LNG

Wrapping up the coverage of the recent Hart Energy DUG East Conference, Pittsburgh Business Times reporter Paul Gough pulled together… Continue reading The post Conference Addresses Why It’s Hard to Export More M-U LNG first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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21 New Shale Well Permits Issued for PA-OH-WV Jun 6-12

The Marcellus/Utica is still struggling to get permit numbers into higher brackets. Three weeks ago a pathetically low six new… Continue reading The post 21 New Shale Well Permits Issued for PA-OH-WV Jun 6-12 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Chesapeake COO Says NatGas is Part of Solution to Low-Carbon Future

Among the speakers who addressed the conference delegates at Hart Energy’s DUG East conference on Tuesday was Chesapeake Energy COO… Continue reading The post Chesapeake COO Says NatGas is Part of Solution to Low-Carbon Future first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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20 New Shale Well Permits Issued for PA-OH-WV May 30-Jun 5

Two weeks ago a pathetically low six new permits were issued to drill shale wells across Pennsylvania, Ohio, and West… Continue reading The post 20 New Shale Well Permits Issued for PA-OH-WV May 30-Jun 5 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Help Wanted: Chesapeake Energy Advertises for LNG Advisor

Broadcasting its intent to expand aggressively in the LNG export market, Chesapeake Energy is advertising to hire a liquefied natural… Continue reading The post Help Wanted: Chesapeake Energy Advertises for LNG Advisor first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Chesapeake to seek responsibly sourced certification for Lower 48 natural gas production

Chesapeake Energy recently announced plans to partner with MiQ and Equitable Origin to seek responsibly sourced certification for its Lower 48 natural gas production, according to Natural Gas Intelligence. The company said it would be “the first company to independently certify and continuously monitor its natural gas production across two major shale gas basins” via

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EQT, Chesapeake show interest in Alta Resources

EQT Corp. and Chesapeake Energy Corp. are among potential buyers interested in Alta Resources, according to Bloomberg sources. The interested parties are weighing offers for Alta that could value the company at more than $3 billion. Alta is working with an advisor on a potential sale. Representatives for the parties didn’t respond to requests for

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