Ascent Resources closes on XTO Energy bolt-on acquisition

Ascent Resources, LLC has closed on its bolt-on acquisition with XTO Energy, a subsidiary of ExxonMobil Corporation, in the Utica Shale in Ohio. The post Ascent Resources closes on XTO Energy bolt-on acquisition appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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European Union to curb natural gas use by 15% by spring

European Union energy ministers composed a deal yesterday to reduce their natural gas consumption by 15% between now and spring. The post European Union to curb natural gas use by 15% by spring appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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EIA: US crude inventories down 6% from 5-year average

U.S. crude oil inventories decreased 400,000 bbl week-over-week for the week ended July 15, the Strategic Petroleum Reserve. The post EIA: US crude inventories down 6% from 5-year average appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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