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Magnum Hunter finds a way to pay back debt by July 10

Wednesday, July 1, 2015 by

The company is planning to sell its gas pipeline subsidiary in Ohio and West Virginia.

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Gastar Exploration announces production on second Utica/Point Pleasant well

Tuesday, June 30, 2015 by

The Blake U-7H well located in Marshall County, West Virginia, produced at a peak 48-hour gross sales rate of 36.8 MMcf/d of natural gas on a 32/64ths choke with approximately 6,235 psi of flowing casing pressure.

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Oilfield Jargon

Word of the Week

Downstream

The refining, processing, purifying, marketing and distribution of oil and gas products; the pipeline that receives oil or gas from another pipeline.

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Rice Energy transitions to the Utica

Tuesday, June 30, 2015 by

The company has 60,000 acres in the Utica and the company believes that within a decade, a few Utica counties will produce as much as 90 percent of the play’s oil and gas.

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Drilling to begin at research wells in Morgantown

Monday, June 29, 2015 by

West Virginia University and Ohio State University are participating in the the shale gas drilling research initiative together.

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Consol considers changing up Pittsburgh Airport drilling plan

Sunday, June 28, 2015 by

The company plans to include more dry Utica shale wells in its plan for the Pittsburgh International Airport.

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Magnum Hunter needs to raise $9 million by July 10

Saturday, June 27, 2015 by

Magnum Hunter Resources Corp. has to provide its lenders $65 million by July 10, but as of June 23, the company needed $9.4 million more to reach that amount. Columbus Business First reports that Magnum Hunter is focusing on liquidity initiatives. Banks don’t want oil and gas assets while the market is down, so banks […]

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Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914.

Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.