Cana Woodford Leads Oklahoma Drilling Activity as Rig Count Holds Steady As Oklahoma’s oil and gas drilling remained steady for another week, the most active drilling remained in the Cana Woodford. The Baker Hughes Rig Report released Friday showed there were 22 rigs in the play located in the Anadarko Basin. The Cana Woodford is …
Tag: Marcellus shale
Another strong quarter for Ascent Resources
The third quarter net income of $328 million for Ascent Resources prompted its president Jeff Fisher to call it an “exceptional quarter of operational and financial results.” Ascent released its third quarter earnings report this week showing adjusted net income of $206million, adjusted EBITDAX of $443 million. Cash flows from operations totaled $479 million …