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Callon Says Permian Capital, Operating Costs Coming Down
NGI Shale Daily Oct 21, 2019 | 13:51 pmPermian Basin pure-play Callon Petroleum Co., which is in a battle with major shareholders over plans to expand its focus with the takeover of Carrizo Oil & Gas Inc., expects third quarter production to average 37,500-37,900 boe/d, 78% weighted to[…]
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DTE’s $2.65B Deal with Indigo, Momentum Adds Haynesville Natural Gas Gathering Options
NGI Shale Daily Oct 18, 2019 | 18:51 pmThe midstream arm of Detroit-based DTE Energy is reaching its tentacles into Louisiana to acquire an existing natural gas system and a gathering pipeline under construction that would move Haynesville Shale supply to the Gulf Coast.
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DOE Secretary Rick Perry to Step Down by Year's End
NGI Shale Daily Oct 18, 2019 | 18:48 pmDepartment of Energy Secretary Rick Perry plans to step down by the end of the year, he said in a letter to President Trump.
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New Name, Same Story From Baker Hughes: U.S. Rig Count Down Again
NGI Shale Daily Oct 18, 2019 | 18:37 pmAnother week of retrenchment saw the U.S. rig count drop five units to 851 as of Friday, including a slowdown in the Marcellus Shale, according to the latest data from Baker Hughes Co.
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Stricter Colorado Oil, Gas Drilling Rules Expected Following New Health Study
NGI Shale Daily Oct 18, 2019 | 15:36 pmThe Colorado Oil and Gas Conservation Commission plans to bolster oil and natural gas drilling regulations in response to a health study by the Colorado Department of Public Health and Environment.
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North Dakota Still Churning Out Record Production but Prices Falling
NGI Shale Daily Oct 18, 2019 | 13:18 pmOil and natural gas production in August again set monthly records in North Dakota, but the statistics belie falling prices since...
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Permian ‘Needs Another’ 2 Bcf/d Conduit, But PHP Slipping to 2021, Says Kinder
NGI Shale Daily Oct 17, 2019 | 19:25 pmStart-up for the 2 Bcf/d Permian Highway Pipeline (PHP), the next major project backed by Kinder Morgan...
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Federal Court Blocks BLM’s Sage Grouse Plans in Seven States
NGI Shale Daily Oct 17, 2019 | 19:17 pmA federal judge on Wednesday blocked the U.S. Bureau of Land Management (BLM) from modifying the greater sage grouse habitat protection plans in seven western states.
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Carrizo Boosts 3Q Production, Adds Oil Hedges
NGI Shale Daily Oct 17, 2019 | 16:35 pmHouston-based Carrizo Oil & Gas Inc., in the midst of a contentious takeover by cross-town operator Callon Petroleum Co., said its Texas-focused production during the third quarter climbed 6% sequentially and it also took advantage of a brief oil price[…]
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Gulfport 3Q Production Beats Consensus, But Volumes Poised to Fall by Year's End
NGI Shale Daily Oct 17, 2019 | 15:14 pmGulfport Energy Corp. beat Wall Street consensus by producing 1.527 Bcfe/d in the third quarter, but volumes are likely to decline in the coming months as the company spent the bulk of its drilling and completions budget earlier this year.
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