TOP 100 ENERGY SITES
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| Key Energy Services Provides July 2010 Activity Data and EnerCom Conference Presentation Information (PR Newswire) Key Energy Services, Inc. provides July 2010 activity data. Â With one less working day in July, total U.S. rig hours in July decreased 2.6% on an absolute basis and increased 2.0% on a per working day basis compared to June. Â International rig hours in July increased 5.5% on an absolute basis and increased 2.1% on a per calendar day basis compared to June. Â us.rd.yahoo.com |
Marathon cuts peak estimate of Gulf oil wells [AP] - Marathon Oil Corp. said Wednesday it expects peak production at an oil rig in the Gulf of Mexico to be less than previously anticipated. us.rd.yahoo.com |
Marcellus Shale tax passes in House The Pennsylvania House of Representatives voted to tax the extraction of Marcellus Shale gas at a rate of 39 cents per thousand cubic feet. The tax does not apply to low-producing wells. feeds.bizjournals.com |
Deloitte Center names Terzic executive director The Deloitte Center for Energy Solutions has its senior leadership team in place after announcing Wednesday that Branko Terzic will serve as executive director, with Annette Proctor as director of operations. feeds.bizjournals.com |
QEP Resources Reports Third Quarter EBITDA of $297.5 Million and Production of 61.7 Bcfe [PR Newswire] - QEP Resources reported third quarter 2010 production of 61.7 Bcfe compared to 43.8 Bcfe for the 2009 period, a 41% increase. Â Production volumes in the 2009 quarter were impacted by price-related production curtailments. Â Accounting for the curtailments, QEP production was up approximately 20% in the third quarter of 2010 compared to the prior year quarter. Â QEP third quarter 2010 continuing EBITDA was $297.5 million, compared to $285.3 million a year earlier, a 4% increase in spite of a 28% decrease in net realized natural gas prices. Â Net income from continuing operations in the 3rd quarter of 2010 was $71.1 million or $0.40 per diluted share, essentially equal to the $71.4 million or $0.40 per diluted share for the third quarter of 2009. Â Excluding changes in unrealized gains and losses on natural gas basis-only swaps, gains and losses on non-core asset sales, separation costs and losses on early extinguishment of debt, QEP Resources net income from continuing operations was $57.2 million or $0.32 per diluted share for the current quarter compared to $78.3 million or $0.43 per diluted share in the prior-year period. Â us.rd.yahoo.com |