From CONSOL Energy today:
|CONSOL Energy Advances E&P Growth Strategy with Rollout of 2014 Capital Budget of $1.3 - $1.5 Billion; Re-Iterates 2014 Gas Production Growth Target of 30%|
"Our 2014 Capital Budget advances our E&P growth strategy," commented
Within the gas operations category, CONSOL expects to invest about
Separate from the joint venture activity, CONSOL expects to invest
The coalbed methane program will again be kept at minimal drilling levels, with the expected drilling of only 71 wells. Total capital for the 2014 CBM drilling program is estimated to be
As a result of the growth-oriented/liquids-oriented gas investment,
Within the coal operations category for 2014, CONSOL anticipates investing
Due to the well capitalized nature of the company's retained coal assets following last month's divestiture, we anticipate that maintenance-of-production capital for the year will be held to under
Earnings call information:
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.