Chesapeake Energy

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.

The US Chemical Safety Board will investigate the blowout that killed three workers at a Chesapeake Energy well in central Texas.

The long-struggling shale operator’s share price on 12 November closed at 67¢/share, a 25-year low.

The industrial Internet of Things (IoT) is changing the way the oil and gas industry operates, but are companies leveraging it to its full potential? What strategies are being employed to handle the obstacles to implementation? Finding value in people plays a role in integrating IoT into operations.

Share prices have plunged for seemingly every major US shale producer, with Concho, Pioneer, and Continental among those receiving the worst of the market’s fury. Have investors completely lost faith in the industry? And are shale executives any more optimistic?

The Oklahoma City independent has a new-look portfolio and new operational and financial priorities. And now it has enlisted an energy research firm to leverage advanced analytics and machine learning to help get the most out of its assets.

With big shale mergers dominating the headlines, some of the industry’s most influential financial players gathered to discuss what’s driving the shift in operational and fiscal priorities.