Chesapeake Energy
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New names and new deals continue to reshape the US shale sector. -
The chief operating officer of Chesapeake Energy tells the Unconventional Resources Technology Conference that small wins can pave the path to big achievements.
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Sales price will be linked to the Japan Korea Marker for a 20-year period.
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Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
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A $700-million deal completes the operator's strategy to focus on its gas-rich developments in Pennsylvania and Louisiana.
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The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.
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The Oklahoma City-based shale gas explorer said the concurrent deals will simplify its portfolio and lower its overall emissions rate.
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Just as US natural gas prices reach multiyear highs, Chesapeake Energy moves to become this region's largest producer.
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The US shale producer exited bankruptcy in February and said it will seek a new permanent CEO.
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Ease of use and crowd-pleasing economics are driving US shale producers toward wet-sand completions. Chesapeake Energy is among the latest converts and explains why it wants to use wet sand on every new well.
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