Marcellus, Utica operator pledges $580M for 2018 operations


CNX Resources Corp. intends to invest up to $580 million into Marcellus and Utica shale play drilling and completion activities this year. The Pittsburgh-based company said it would also spend another $275 million on water, midstream and land.
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Fed report: Oklahoma, Wyoming eyes $62 oil for drilling increase


Oil firms active in Oklahoma, Wyoming and the northern half of New Mexico now believe $62 per barrel is the oil price necessary to increase drilling.
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Gerard: Northeast could lower energy costs with Marcellus shale


The Northeast U.S. wouldn't have to suffer from cold weather and high electricity rates if policymakers would approve infrastructure projects and make use of shale gas from the Marcellus, says Jack Gerard, API president and CEO.
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SM Energy sells Powder River Basin assets for $500 million


SM Energy is selling leases in Wyoming's Powder River Basin to Northwoods Energy for $500 million. The deal will enable SM Energy to reduce debt and focus on developing its Midland Basin and Eagle Ford assets in Texas.
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NuStar Energy to expand capacity of Permian crude system


NuStar Energy is expanding the capacity of its Permian crude transportation and storage system by 70,000 barrel per day. A binding open season on the expansion began Jan. 9 and will run for at least 30 days.
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Energy investment team puts major stake in shale drill bit maker


Intervale Capital, a specialized energy investment firm, has taken note of increased drilling intensity, longer laterals and higher stage counts throughout most of North America's shale plays.
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Industry Events

NAPE Summit

February 5-9, 2018
George R. Brown Convention Center
Houston, Texas

2018 Bakken Conference & Expo

July 16-18, 2018
Roughrider Center
Watford City, North Dakota





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