DUG East
June 23-25, 2015
Pittsburgh, Pennsylvania
David L. Lawrence Conv. Ctr.
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EQTNational Oilwell VarcoBaker Hughes - PlatinumCJ Energy ServicesTEAM Oil ToolsExterranAltiss TechnologiesNewpark Drilling FluidsNetherland, Sewell & Associates (NSAI)Superior Energy ServicesStratas AdvisorsMagnum Oil Tools
Metallic Building Co.Aereon (formerly Jordan Technologies)Precision GeophysicalMetallic Building Co.Precision AdditivesPackers PlusEnergy SpectrumFortis Energy ServicesFisher AssociatesUnited RentalsJoule ProcessingThe Linde GroupBeaver ExcavatingRenegade ServicesBaker HughesD&L Oil ToolsTri ToolCDI EnergySchlumbergerTetra TechTotal EnergyATOSTekSolvBTI ServicesTorcsill Foundations LLC Freemyer Industrial Pressure LPCroft Production SystemsAggrekoT.D. WilliamsonSentry TechnologiesThru Tubing SolutionsTRAC Service & Body CompanyPLH GroupJerehBucksAudubonCDM Resource Management LLC
Operator Sponsors
Range ResourcesEQT
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Oil and Gas InvestorE&PUnconventional Oil & Gas CenterMidstream Business

Resource Resilience

Engineers enhance value in a prolific gas/liquids province

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DUG East Fact Sheet

The American oil and gas story is filled with examples of remarkable resilience. For decades, industry leaders have found innovative ways to lead their companies through commodity cycles and past technological limitations. After every challenge, the industry has emerged in a position of strength.

Today's Appalachian producers are no exception. It only took them four years to unlock one of the world's largest natural gas reservoirs. Since 2010, Marcellus natural gas production has grown from 2 Bcf/d to more than 16.5 Bcf/d and Utica production has increased 12-fold. The region now accounts for almost 20% of the natural gas production in the lower 48 U.S. states. And in the face of declining natural gas prices, producers have slashed breakeven costs in half by constantly evolving the technologies and strategies behind drilling and completions.

Innovation and collaboration are key to remaining successful in the prolific Marcellus and Utica formations. At DUG East, you'll connect with over 3,100 oil and gas professionals, 20+ executive-level speakers and over 320 exhibitors for two days of in-depth discussions on how to continue to improve operational efficiencies. Click here to learn more about why you can't afford to miss this essential industry gathering.

Plays Covered: Marcellus, Utica

Secure your seat at the premier Marcellus-Utica event today!

News

Debt Management: Resolute Deals Noncore Midland Basin Assets
Resolute Energy Corp. (NYSE: REN) shifted a shovelful of dirt March 30, dealing Permian Basin assets as it tries to dig itself out from under a heap of debt. The Denver-based company said it entered into an agreement to sell certain noncore assets in the Midland Basin in West Texas. The properties will be sold to a private party for about $42 million. The divested assets consist of operated and nonoperated properties primarily located in Howard County, Texas. "Overall, the sale is small but positive news, but given the level of debt outstanding, there is still more work for REN to do," said David Tameron, senior analyst, Wells Fargo Securities LLC, in a report.

Canada’s New Brunswick Votes To Ban Fracking
The Maritime province's government requires five conditions be met before the one-year moratorium is reconsidered or lifted. Regulations cover environment and health, wastewater, aboriginal relations and social license, Reuters said.