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Monthly Archives: April 2011
Marcellus activity boosts EQT’s bottom line
Natural gas sales rose 43 percent from last year, but a major boost came for the natural gas producer and distributor from Marcellus Shale sites. They accounted for around 37 percent of natural gas sales, nearly triple the 13 percent … Continue reading
Posted in Marcellus activity, Pennsylvania
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Range Resources’ 1Q Production Up 17%
Range brought on line a number of wells in the southwestern Marcellus region during the quarter that far exceeded our expectations: 15 horizontal wells were connected at IP rates of 10.1 MMcfe/d, with 27% of production from liquids (we have … Continue reading
Posted in Marcellus activity, Pennsylvania, Utica Shale
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RIGZONE – Musings: Natural Gas Is So 2010; Now It’s All About Liquids-rich Shale
Last week the Baker Hughes U.S. active drilling rig count hit 1,800, up 1.6% from the prior week and up 21.5% over the past year. These were notable achievements. The increases reflect the exploration and development fever that is gripping … Continue reading