Chesapeake Energy

A $700-million deal completes the operator's strategy to focus on its gas-rich developments in Pennsylvania and Louisiana.

The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.

The Oklahoma City-based shale gas explorer said the concurrent deals will simplify its portfolio and lower its overall emissions rate.

Just as US natural gas prices reach multiyear highs, Chesapeake Energy moves to become this region's largest producer.

The US shale producer exited bankruptcy in February and said it will seek a new permanent CEO.

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.

One-time shale champion eliminates $1 billion in annual cash costs and plans to focus 2021 activity on natural gas assets.

An investigation of casing damage led Chesapeake Energy and Well Data Labs to identify patterns in the treating pressure data that are useful markers when trouble is likely.

Though shelved by low oil prices, the plan to execute the largest enhanced oil recovery program of its kind offers insights into what it may take for the shale sector to escape pilot mode and scale up gas huff ’n’ puff operations.

The distressed shale pioneer will wipe away nearly $7 billion in debt and is likely to make major asset sales as it attempts to restructure itself into a profitable business.