Operator · Marcellus Shale & Utica Shale
Rex Energy Corp
80 articles mentioning Rex Energy Corp · Page 2 of 4
Rex Squeezes Budget to Bare Minimum; $15-40MM, One Rig
Rex Energy Corporation also announced its fourth quarter and full year 2015 operational and financial results.
Rex Upgrades Utica Infrastructure; Completes Four-Well Pad at Moraine
In the Moraine East Area, the company has completed drilling the four-well Fleeger 2 pad.
Rex Marks a 14% Production Increase YOY; 194.3 MMcfe/d
Oil and NGLs (including ethane) accounted for 40% of net production during the quarter.
Redetermination Season: Winners and Losers
While a select few are getting a boost to their credit facilities, the majority of companies are reporting unchanged or decreased redeterminations.
Rex's Borrowing Base Reaffirmed; What to Expect In 2016
Rex Energy Corporation announced that its bank group has reaffirmed the existing $350 million borrowing base under the company's senior secured credit facility.
Rex Energy Second Quarter 2015 Results
In the Legacy Butler Operated Area, the company drilled four gross (2.5 net) wells in the second quarter of 2015.
Rex's 2Q Production Hits High End of Guidance; 206.8 MMcfe/d
Rex Energy's second quarter 2015 production increased to 206.8 MMcfe/d, a 5% increase from first quarter 2015.
Rex Bets on Higher Sand Concentrations, 5,000' Laterals in the Marcellus
In its July 2015 presentation, Rex Energy Corp. has detailed the latest improvements across its Marcellus operations.
Rex Improving Marcellus 24-Hour IPs; Plans First Utica Lawrence Test
The company has detailed the latest completion design and IP rates at its wells at its East Moraine and Legacy Butler projects.
Comparing Breakevens in the Marcellus Shale
Top operators in the Marcellus Shale by breakeven (US$/mcf).
Rex Touts Strong Liquids Results at Moraine; IDs Completion Design
Rex Energy Corporation announced initial production test results from the company's first two wells in the Moraine East Area, the Renick 2H (Marcellus) and the Renick 3H (Upper Devonian Burkett).
Rex Energy Adds Financial Analyst to Board
Rex Energy Corporation reported that Jack N. Aydin will join the company's Board of Directors effective June 1, 2015.
On The Market : Water Management Business
The company has engaged Evercore Group L.L.C. as a financial advisor to pursue the potential monetization or joint venture of its operated assets in the Illinois Basin.
Rex Cuts 2015 Budget by 30%; Updates Borrowing Base
Full year 2015 production volumes are expected to range from 185 MMcfe/d -- 195 MMcfe/d.
Rex Hits 154.4 MMcfe/d in Production; Talks 4Q Well Results
Record annual average daily production of 154.4 MMcfe per day, an increase of 66% over 2013.
Rex Energy Books Devonian Reserves
Marcellus and Upper Devonian Burkett are separate reservoirs and can be booked independently within the company's acreage.
Rex Adds to Hedge Positions for 2015; Updates Ops
For 2015, the company now has approximately 80% of its natural gas production and 70% of its oil and condensate production hedged.
A Look at 2015's Hedging Positions: Part 1
Who is Hedged and how in 2015?
Marcellus Driller Slashes 2015 Budget 44%; Seeks Partner
The company expects its 2015 operational capital expenditures to be between...
2015 E&P Budgets and Drilling Programs: Cuts and Increases
Many companies are planning budget cuts due to falling oil prices.