by Tyler Herget | Apr 23, 2019 | HBP, Industry News
Chevron Corp doubled down on its bet on surging U.S. oil and gas output on Friday, saying it would buy shale producer Anadarko Petroleum Corp for $33 billion in cash and stock that will make it the second-largest crude producer in the world. CHEVRON PURCHASES ANADARKO...
by Tyler Herget | Apr 23, 2019 | HBP, Industry News
Total investment in Ohio’s resource rich shale energy sector has reached $74 billion since tracking began in 2011, according to a Cleveland State University study. Ohio Valley’s Richest Resource
by Tyler Herget | Apr 23, 2019 | HBP, Industry News
Rice brothers say the company’s operational performance “has translated into a severely depressed stock price that is not reflective of the underlying value of the assets,” and blames EQT management for the weakness. SELLER’S REMORSE? TEAM RICE...
by Tyler Herget | Apr 23, 2019 | HBP, Industry News
Encino Energy bought out Chesapeake Energy’s holdings in Ohio’s portion of the Utica Shale play, making Encino a major player in the gas-rich Utica Shale, with 933,000 acres and 920 horizontal wells drilled by Chesapeake since 2011. ENCINO-THE NEW KID ON...
by Tyler Herget | Apr 23, 2019 | HBP, Industry News
HB247 has been introduced in PA to address a new topic within the industry called cross-unit development. PA Floats Bill to Allow Shale Drilling to Span Multiple...
by Tyler Herget | Apr 18, 2019 | HBP, Industry News
A new conglomerate with a fitting name has just made the scene in Ohio: MONTAGE RESOURCES ENERGY NEWS ARTICLE Montage by definition is the process or technique of selecting, editing, and piecing together separate sections of film to form a continuous whole. What a...
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