DUG East
June 23-25, 2015
Pittsburgh, Pennsylvania
David L. Lawrence Conv. Ctr.
Register Featured Sponsors
Dragon ProductsAltiss TechnologiesNetherland, Sewell & Associates (NSAI)ExterranEQTBaker Hughes - PlatinumTEAM Oil ToolsStratas AdvisorsMagnum Oil ToolsCJ Energy ServicesNational Oilwell VarcoSuperior Energy Services
Sentry TechnologiesTarpon Energy ServicesWood GroupJerehT.D. WilliamsonHolland ServicesNatural Gas IntelEnergy SpectrumCDM Resource Management LLCThe Linde GroupBeaver ExcavatingSchlumbergerPrecision GeophysicalExpoCredit, LLCDanosAggrekoTRAC Service & Body CompanyTetraWright & Co.Freemyer Industrial Pressure LPRenegade ServicesMetallic Building Co.Tri ToolTorcsill Foundations LLC Young Environmental Express Truck RentalTracercoThru Tubing SolutionsTotal EnergyBucksTekSolvUnited RentalsAudubonFortis Energy ServicesFlotekGeoForceFisher AssociatesThrasherATOSAereon (formerly Jordan Technologies)Croft Production SystemsJoule ProcessingKLX Energy ServicesUnion LeasingMurchison DrillingD&L Oil ToolsPrecision Additives
Operator Sponsors
Rice EnergyCONSOL EnergyEQTRange ResourcesEclipse Resources
Hosted By
E&PMidstream BusinessOil and Gas InvestorUnconventional Oil & Gas Center

Successful 2015 DUG East Conference Shows Oil and Gas
Industry's Resilience

Hart Energy's 7th annual DUG East conference and exhibition (@HartEnergyConf #DUGEast) delivered on its theme, "Resource Resilience." The energy market's downturn did not hamper attendance; more than 2,800 oil and gas professionals gathered June 23-25 at the David L. Lawrence Convention Center in Pittsburgh, PA. The agenda provided candid discussions about how producers are remaining flexible to operate efficiently throughout the Marcellus and Utica formations. The networking luncheon featured Pulitzer Prize-winning political columnist Dr. Charles Krauthammer.

"What a treat for attendees to hear from Dr. Krauthammer prior to the upcoming election," said Barry Haest, Hart Energy Vice President of Events. "The conference featured more than 20 executive-level presenters. From the beautiful weather, perfect for enjoying local baseball games, to the bustling exhibit floor, DUG East was a great show with a strong turnout of leaders and decision-makers."

Other notable speakers included Eclipse Resources CEO Ben Hulburt. He told attendees his company, along with Chesapeake Energy, has the fastest and most efficient drillers in the Utica play. To date, Eclipse has participated in drilling 187 gross Utica wells, including 70 operated wells. Also, Kathryn Downey Miller, a managing director for BTU Analytics, stated operators with firm takeaway capacity have been the real winners over the past couple of years but, as production is tempered by demand, it's going to come down to who has the best acreage and who can best manage their costs.

Mark your calendars for next year's DUG East conference and exhibition set for June 21-23, 2016 in Pittsburgh, PA.

News

Lonestar Resources Nets $100 Million Eagle Ford JV
Lonestar Resources Ltd.’s Eagle Ford drilling campaign has an extra $100 million to maneuver with after agreeing to a joint development agreement (JDA) with Dallas’ IOG Capital LP. IOG has committed up to $100 million in off-the-balance sheet financing to Lonestar. The Fort Worth, Texas, company will be able to drill while hunting down more acquisitions—and without taking a major hit to its balance sheet, the company said. The midpoint of the company’s 2015 drilling budget is about $79 million.

Argentina Indigenous Groups Clash On Loma Campana Territory Claims
Zonal Xwanco and Campo Maripe indigenous communities protest over their territorial claims to Loma Campana Field in Argentina’s southern Neuquén province, Reuters said. Neuquén holds almost all shale production.