-- Louisiana EXCO Operating Co. LP’s Thomas 36-1 well in North Louisiana’s Johnson Branch field had a post-completion clean-up rate of 15 MMcfd of gas with 7,000 psi flowing casing pressure from the Haynesville shale, said 37% working interest owner Cubic Energy Inc., Dallas.
-- Pennsylvania SM Energy Co., Denver, formerly St. Mary Land & Exploration Co., plans to raise at least $300-500 million by divesting nonstrategic assets or through joint venture agreements in the coming year.
-- China Camac Energy Inc., Hartsdale, NY, formerly Pacific Asia Petroleum Inc., is drilling the ZJS-02 and 03 coalbed methane appraisal wells at the Zijinshan gas asset in China’s Ordos basin in Shanxi Province.
-- Pennsylvania The Marcellus shale contributed 2.4 bcf of gas equivalent production for Seneca Resources Corp., Williamsville, NY, in the quarter ended June 30 or half of the company’s Appalachian output and 18% of its total production.
-- Michigan Atlas Energy Inc., Pittsburgh, said it controls 105,000 net/136,000 gross acres in the emerging Utica/Collingwood shale play of northwestern Michigan.
-- Abraxas, Blue Stone in Eagle Ford venture Abraxas Petroleum Corp., San Antonio, and Blue Stone Oil & Gas LLC, Denver, have formed a joint venture to develop Abraxas acreage in the Eagle Ford shale play of South Texas.
-- Texas Haynesville core area yields high flows The Jurassic Haynesville shale has yielded flow rates of a restricted 25-27 MMcfd of gas at 7,800-8,100 psi flowing pressure at two horizontal wells in a core area in Nacogdoches County, Texas, said EOG Resources Inc.
-- Utah The US Bureau of Land Management record of decision on the environmental impact statement authorizes full-field development at West Tavaputs in Utah’s Uinta basin, said Bill Barrett Corp., Denver.
-- Virginia Range Resources Corp., Fort Worth, in June 2010 acquired from a unit of Chesapeake Energy Corp. natural gas properties in Virginia for $135 million.