Innovation and perseverance are as synonymous with this business as oil and gas. For over a century producers have found ways to navigate challenging business cycles. Appalachia's producers have drastically cut breakevens and improved EURs by driving down operating costs and refocusing their strategies.
This June, find out what's working, what's not and what's next for upstream producers and midstream operators in the Marcellus and Utica, North America's top natural gas-producing region.
Why should you attend?
Hear from 20+ senior-level executives from the most active producers in the Northeast – find out what they're doing to improve efficiency, cut costs and drive profitability
Get the latest updates on midstream infrastructure projects coming online
Find out where top analysts expect oil and gas prices to end up in 2017 and beyond
Explore efficiency-focused solutions on the exhibit floor
Network with hundreds of industry professionals – make valuable connections during the event's 9+hours of networking opportunities
Plays covered: Marcellus, Utica and Emerging Appalachian Plays
Halliburton Warns Of First-Quarter Profit Miss As Costs Rise Halliburton Co. (NYSE: HAL) warned on March 24 that its first-quarter profit would likely miss analysts' expectations due to higher costs and weak demand in markets outside North America.Shares of the company, which forecast higher revenue from its U.S. land operations, were up about 1% in early trading on the New York Stock Exchange.The company expects its earnings per share to be in low-single digits in the quarter ending March, CEO David Lesar said on a conference call on March 24.
Pengrowth Continues Noncore Sales With Montney Divestment Pengrowth Energy Corp. (NYSE: PGH) is selling its non-producing Montney lands at Bernadet in Northeast British Columbia for C$92 million (US$68.8 million )in cash, the Calgary, Alberta-based company said March 23.The company entered an agreement with an undisclosed company for the sale of 100% working interest of the Bernadet asset. The land has no associated production, cash flow and neither reserves or resources assigned to it in Pengrowth's year-end 2016 reserves report.The sale follows Pengrowth's divestment of noncore assets in the Swan Hills area in north-central Alberta for C$180 million on March 20.