DUG East
June 21-23, 2016
Pittsburgh, Pennsylvania
David L. Lawrence Conv. Ctr.
Register Featured Sponsors
Thru Tubing SolutionsPipeliners Local Union 798TetraCroft Production SystemsNetherland, Sewell & Associates (NSAI)Stratas AdvisorsCONSOL Energy
Wright & Co.Huntley & HuntleyH2O MidstreamArchrockTrinity SlingPanther Drilling SystemsBaker HughesVisiQuateKLX Energy ServicesSentry TechnologiesStingray Energy Services SchrammNavPortMammoth Energy PartnersIMERYSDanosPrecision GeophysicalRice EnergyColumbia MidstreamTaylor FracBurns & McDonnell EPCMicroSeismicBeaver ExcavatingWIKACitiTerrastarIUOE (International Union of Operating Engineers)Henkels and McCoyHolland ServicesChoice Energy ServicesMap Oil Tools
Operator Sponsors
CONSOL EnergyHuntley & HuntleyColumbia MidstreamRange Resources - Operator
Hosted By
Unconventional Oil & Gas CenterMidstream BusinessOil and Gas InvestorE&P

Marcellus and Utica Producers Gather to Discuss the Latest Efficiency-Focused Technologies & Strategies

This June, hundreds of oil and gas professionals, over two dozen executive-level speakers and top exhibitors converged in Pittsburgh to spend two days exploring the latest efficiency-focused technologies and strategies saving Appalachian producers valuable time and money. The event’s world-class speaker lineup featured leaders from the most-active producers in the region, including CONSOL Energy, Range Resources, Rice Energy, Eclipse Resources and others. A few key takeaways from the conference sessions were:

  • There are gains to be made in how efficiently the industry operates with the resources at hand. One of the biggest opportunities for operators could be their ability to narrow the gap between the best wells and the worst wells. We are in the early innings of improving capital efficiency.
  • If companies do things the right way and take a long view, they will be the lowest-cost—and most capital efficient—producers.
  • The industry has transitioned from speed to efficiency. During the high-price era, companies worked as fast as possible to acquire new acreage, drill wells and bring production online. In the current market, the focus is on efficiency and lowering costs.

Charlie Cook, editor and publisher of the Cook Political Report, and columnist for the National Journal delivered a special Presidential Election address, sharing a political insider’s look at how the 2016 race for the Whitehouse is shaping up. This year, Hart Energy also launched the all-new Technology Showcase on the exhibition floor. Top technology providers presented the latest solutions with case studies and live demonstrations.

The conference may be over, but the conversation isn’t! Find out what other attendees and exhibitors are saying on Storify. We would love to hear about your experience too.

Be sure to save the date for DUG East 2017, scheduled to return to the David L. Lawrence Convention Center in Pittsburgh, June 20-22, 2017.

News

As Crude Rises Highest In Over A Year, US Drillers Add Rigs
U.S. energy companies extended their recovery in oil drilling into a seventh month during the week of Nov. 28 as they follow through on plans to add rigs as crude rose to its highest price in over a year. Drillers added three oil rigs in the week to Dec. 2, bringing the total count up to 477, the most since January, but still below the 545 rigs seen a year ago, energy services firm Baker Hughes Inc said on Dec. 2.Since crude prices recovered from 13-year lows to around $50 per barrel (bbl) in May, drillers have added a total of 161 oil rigs in 24 of the past 27 weeks, its biggest recovery since a global oil glut crushed the market over two years. 

Workers In Vaca Muerta Will Strike Over YPF Layoffs
About 23,000 Argentine oil and gas workers will go on a 48-hour strike beginning on Dec. 5 to protest state-owned oil company YPF SA's decision to lay off at least 1,600 workers, a union leader said on Dec. 2.The strike involves workers in southern Argentina's Vaca Muerta Shale, one of the largest unconventional reserves in the world and a region that has attracted investment from Chevron Corp. (NYSE: CVX) and Exxon Mobil Corp. (NYSE: XOM), but that remains largely unexplored.YPF's layoffs will mainly affect workers who have remained on the payroll although their units have been inactive for the bulk of the year, a company source said on Dec. 1.