Tag: chesapeake

Chesapeake boosting Wyoming holdings

Chesapeake Energy Corp., the U.S. natural gas producer that almost ran out of money last year, is spending $1.71 billion to expand access to oil-soaked shale in Wyoming and buy back preferred shares that were a drain on cash.  More »

Williams buying rest of Access Midstream Partners for $6 billion

The purchase from Global Infrastructure Partners II will increase William’s ownership to 100 percent of the general partnership and 50 percent of the limited partnership, Williams said in a statement.  More »

Shale pioneer McClendon hires Chesapeake in Utica

Aubrey McClendon, the pioneering shale wildcatter who helped usher in the U.S. energy renaissance, has hired the company that fired him to drill wells for his newest natural gas venture.  More »

CEO: Rock can get Chesapeake out of hard place

Doug Lawler’s strategy for turning Chesapeake Energy around after a rough spell centers on making the most of what the company already has: great shale positions.  More »

Chesapeake Energy agrees to settle W.Va. case

A Chesapeake Energy subsidiary has agreed to nearly $10 million in fines and restoration work to settle federal allegations over unauthorized discharges of fill material at more than two dozen natural gas extraction sites in West Virginia.  More »

US oil producers rise in ranking of world’s largest

State-owned energy giants and international supermajors continue to top lists of the world’s largest oil companies. But the U.S. shale revolution is beginning to make a mark as U.S. independent oil and gas producers rise in the ranks.  More »

Oceaneering International plans Virginia expansion

A company that provides products and services to the offshore oil and gas industry plans to expand its presence in Chesapeake, creating 70 jobs and retaining more than 460.  More »

Chesapeake’s role in natural gas vehicles to fade

Chesapeake Energy Corp’s move to lay off its natural gas vehicles team could deal a significant blow to efforts to promote the alternative vehicle fuel.  More »

Chesapeake Energy shifting from aggression to financial discipline

After years of building a reputation as one of the most aggressive U.S. natural gas giants, Chesapeake Energy is slowing down.  More »

Eagle Ford crude production jumps over year

Oil production in Texas’s Eagle Ford shale formation rose 60 percent in June from the same month the year before.  More »

Four Chesapeake executives leaving company in reorg

Chesapeake Energy Corp. (CHK) said Chief Operating Officer Steve Dixon and three other top executives are leaving as part of a reorganization of the leadership of the second largest producer of natural gas in the U.S.  More »

Oil and gas deals popular this year

There isn’t a one-size-fits-all explanation for the constantly changing playing field. Companies are shedding assets for a variety of reasons.  More »
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