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Ohio’s Utica and Marcellus shale wells produced almost 5% less natural gas in the first quarter of 2020 than was produced during the same quarter in 2019.
The post Ohio natural gas shale production drops in first quarter appeared first on Shale Gas Reporter.
Source: Shale Gas Reporter
CNX Resources has shut-in 375 million cubic feet per day of natural gas production in Appalachia since May 1, but its planning on easing up by July.
The post CNX to ease natural gas shut-in in Appalachian Basin appeared first on Shale Gas Reporter.
Source: Shale Gas Reporter
Ascent Resources, LLC recently announced Brooks M. Shughart has been named Executive Vice President — Chief Financial Officer, effective May 18, 2020.
The post Ascent Resources points new Chief Financial Officer appeared first on Shale Gas Reporter.
Source: Shale Gas Reporter
EQT Corp. has started to reduce gas output in Pennsylvania and Ohio in response to lower demand caused by the coronavirus.
The post EQT reduces natural gas output in Ohio, Pa. appeared first on Shale Gas Reporter.
Source: Shale Gas Reporter
Ascent Resources Utica Holdings recently reported a net income of $85 million and an adjusted net income of $36 million in the first quarter of 2020.
The post Ascent Resources reports Q1 net income of $85 million appeared first on Shale Gas Reporter.
Source: Shale Gas Reporter
In response to its first-quarter loss of $517.5 million, Gulfport plans to cut natural gas production as it hopes for prices to rise later this year.
The post Gulfport to trim natural gas production in response to Q1 results appeared first on Shale Gas Reporter.
Source: Shale Gas Reporter
Royal Dutch Shell’s announcement to sell its Appalachia shale gas assets is in line with two major trends among international oil majors.
The post Shell’s recent sale has analysts considering a trend appeared first on Shale Gas Reporter.
Source: Shale Gas Reporter