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Pa. drillers target Pittsburgh area; Enterprise to switch NGL line to oil

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Pa. drillers target Pittsburgh area; Enterprise to switch NGL line to oil

New Pa. shale well permits cluster around Pittsburgh as EQT/Rice dominates

Driven by 112 new permits for the newly merged EQT Corp. and Rice Energy Inc., more than two-thirds of all horizontal well permits issued in November targeted four southwest Pennsylvania counties around Pittsburgh, according to state data.

Enterprise to convert Permian-to-Gulf Coast NGL pipeline to crude oil service

Enterprise Products Partners LP intends to convert a Permian Basin-to-Gulf Coast NGL pipeline to crude oil service, aiming to boost the partnership's crude oil pipeline capacity from the prolific oil play to its crude oil hub in Houston to 650,000 barrels per day.

Oil, gas industry launches voluntary methane reduction program, to criticism

Some of the largest oil and gas producers in the country are pledging to trim methane emissions from their operations, signing up for a voluntary program launched by the industry's most influential trade group.

Several Ohio drillers focus on dry gas while Antero strengthens play for liquids

Utica Shale drillers continue to focus on the dry gas window of the play in southeastern Ohio, according to November permitting data from the Ohio Department of Natural Resources, but one big player, Antero Resources Corp., has shifted to wet Marcellus wells as NGL prices improve.

Carrizo to divest 24,500 net acres in the Eagle Ford Shale for $245M

The Houston-based producer Carrizo Oil & Gas Inc. agreed to sell about 24,500 net acres of its Eagle Ford Shale assets for $245 million in cash, bringing total proceeds from divestitures to about $530 million.