DUG East
June 21-23, 2016
Pittsburgh, Pennsylvania
David L. Lawrence Conv. Ctr.
Register Featured Sponsors
Stratas AdvisorsCONSOL EnergyThru Tubing SolutionsTetraNetherland, Sewell & Associates (NSAI)Pipeliners Local Union 798Croft Production Systems
ArchrockWright & Co.Rice EnergySchrammChoice Energy ServicesDanosPanther Drilling SystemsBaker HughesBurns & McDonnell EPCVisiQuateHuntley & HuntleyMicroSeismicNavPortMap Oil ToolsMammoth Energy PartnersIUOE (International Union of Operating Engineers)Precision GeophysicalTrinity SlingBeaver ExcavatingCitiWIKAStingray Energy Services Taylor FracColumbia MidstreamHenkels and McCoySentry TechnologiesIMERYSKLX Energy ServicesTerrastarHolland ServicesH2O Midstream
Operator Sponsors
Huntley & HuntleyColumbia MidstreamCONSOL EnergyRange Resources - Operator
Hosted By
Oil and Gas InvestorUnconventional Oil & Gas CenterMidstream BusinessE&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.


Hess Reports Lower-Than-Expected Quarterly Loss
Hess Corp. (NYSE: HES) reported a smaller-than-expected quarterly loss on Oct. 26 as the oil producer kept a tight leash on costs to counter lower prices.West Texas Intermediate crude has nearly doubled from a low of $26.05 in February and have closed above $50 per barrel for the past 10 of 12 days. Still, oil prices remain below the high of $115 hit in mid-2014.Hess said revenue fell 29.2% to $1.20 billion in the third quarter ended Sept. 30.

Traders: OPEC Ouput Cut To Have Biggest Impact On February Contract
As OPEC ministers prepare to meet in Vienna next month to thrash out a keenly anticipated but still uncertain cut to crude output, oil traders are jostling for position in futures and options markets in a bid to capitalize on any deal.While any cut agreed by OPEC at its Nov. 30 meeting could take effect as soon as Dec. 1, traders say the biggest price impact will be in contracts for delivery in early 2017, especially the February contract, rather than in the spot market."The reason why you're not going to see any impact on 4Q 2016 prices is because by November when this decision is made you are going to be trading January or February barrels," said Virendra Chauhan, crude oil analyst at trading consultancy Energy Aspects in Singapore.