Cabot Oil And Gas
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Cabot Oil And Gas
Coterra Energy Inc. is a company engaged in hydrocarbon exploration organized in Delaware and based in Houston, Texas. The company has operations in the Permian Basin, Marcellus Shale, and the Anadarko Basin. As of December 31, 2021, the company had of estimated proved reserves, of which 85% was natural gas, 7% was petroleum, and 8% was natural gas liquids. History The company was formed as Cabot Oil & Gas Corporation, a subsidiary of Cabot Corporation. It became a public company via an initial public offering in February 1990. In March 1991, the company became 100% publicly owned. In 1994, the company acquired Washington Energy Resources in a $180 million stock transaction. In May 1995, the company ousted John Lollar, its chairman and CEO, in part due to the ill-timing of the acquisition of Washington Energy Resources. In 1997, the company sold oil reserves and land in northwest Pennsylvania for $92.5 million. In 2001, the company acquired Cody Energy for $230 million. In ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Upstream (newspaper)
''Upstream'' is an independent oil and gas industry upstream sector weekly newspaper and a daily internet news site. The newspaper is owned by NHST Media Group. It is headquartered in Oslo, Norway. The newspaper covers the upstream sector of the global oil and gas industry with full-time staff correspondents in all the major centres of the industry. It is published every Friday. Upstream had full-time reporters based in its head office in Oslo, as well as bureaux and correspondents in London, Moscow, Accra, New Delhi, Singapore, Wellington, Rio de Janeiro and Houston. Its editor in chief is Erik Means. The newspaper was founded in 1996 to compete with well-established rivals including ''Oil & Gas Journal'', ''Petroleum Intelligence Weekly'', and ''Offshore Engineer''. It covers all aspects of the upstream industry, but focuses especially on news related to business, policy and the sector's key players as well as the commercial side of the industry. Coverage includes explorati ...
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The Scranton Times-Tribune
''The Scranton Times-Tribune'' is a morning newspaper serving the Scranton, Pennsylvania, area. It is the flagship title of Times-Shamrock Communications and has been run by three generations of the Lynett-Haggerty family. On Sundays, the paper is published as ''The Sunday Times''. The paper has an average circulation of 47,663. History The current paper is the result of a 2005 merger between the afternoon ''Scranton Times'' and morning ''Scranton Tribune''. The ''Times'' was founded in 1870. It struggled under six owners before E. J. Lynett bought the paper in 1895. Within 20 years, the ''Times'' was the dominant newspaper in northeastern Pennsylvania, and the third-largest in the state (behind only the ''Philadelphia Inquirer'' and the ''Pittsburgh Press''). In January 1923, Lynett founded one of Scranton's first radio stations, WQAN. The Lynett family still owns the station today under the calls WEJL. Lynett died in 1943, and his three children took control of the paper with ...
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Northeastern Pennsylvania
Northeastern Pennsylvania (NEPA) is a geographic region of the U.S. state of Pennsylvania that includes the Pocono Mountains, the Endless Mountains, and the industrial cities of Scranton, Wilkes-Barre, Pittston, Hazleton, Nanticoke, and Carbondale. A portion of this region constitutes a part of the New York City metropolitan area. Unlike most parts of the Rust Belt, some of these communities are experiencing a modest population increase, and others, including Monroe and Pike counties, rank among the fastest growing areas of Pennsylvania. Northeastern Pennsylvania borders the Lehigh Valley to its south, Warren County, New Jersey to its east, and Broome County, New York to its north. Area Northeastern Pennsylvania comprises Bradford County, Carbon County, Columbia County, Lackawanna County, Luzerne County, Monroe County, Montour County, Northumberland County, Pike County, Schuylkill County, Sullivan County, Susquehanna County, Wayne County, and Wyoming County. The ...
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Hydraulic Fracturing
Fracking (also known as hydraulic fracturing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of bedrock formations by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely. When the hydraulic pressure is removed from the well, small grains of hydraulic fracturing proppants (either sand or aluminium oxide) hold the fractures open. Hydraulic fracturing began as an experiment in 1947, and the first commercially successful application followed in 1950. As of 2012, 2.5 million "frac jobs" had been performed worldwide on oil and gas wells, over one million of those within the U.S. Such treatment is generally necessary to achieve adequate flow rates in shale gas, tight gas, tig ...
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Cimarex Energy
Cimarex Energy Co. was a company engaged in hydrocarbon exploration, particularly shale oil and gas drilling. It was organized in Delaware and headquartered in Denver, Colorado, with operations primarily in Texas, Oklahoma, and New Mexico. As of December 31, 2020, the company had of estimated proved reserves, of which 43% was natural gas, 27% was petroleum, and 30% was natural gas liquids. In 2020, production averaged per day, 69% of which came from the Permian Basin and 31% of which came from the Mid-Continent oil province, particularly the Cana–Woodford in western Oklahoma. History Cimarex was founded in 2002. The company was a corporate spin-off of Helmerich & Payne, which sought to separate its exploration and production business from its drilling business. In September 2002, shareholders of Helmerich & Payne received shares in Cimarex. In 2005, the company acquired Magnum Hunter Resources in a $2.1 billion transaction. In 2008, the company bought 38,000 acres in O ...
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Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ...
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Eagle Ford Group
The Eagle Ford Group (also called the Eagle Ford Shale) is a Sedimentary rock, sedimentary rock formation deposited during the Cenomanian and Turonian ages of the Late Cretaceous over much of the modern-day state of Texas. The Eagle Ford is predominantly composed of organic matter-rich fossiliferous marine shales and marls with interbedded thin limestones. It derives its name from outcrops on the banks of the West Fork of the Trinity River (Texas), Trinity River near the old community of Eagle Ford,Hill, R. T. (1887) The topography and geology of the Crosstimbers and surrounding regions in North Texas: American Journal of Science, v. 33, no. 196, pp. 291–303. which is now a neighborhood within the city of Dallas, Texas, Dallas. The Eagle Ford outcrop belt trends from the Oklahoma-Texas border southward to San Antonio, westward to the Rio Grande, Big Bend National Park, and the Quitman Mountains of West Texas.Denne, R. A., Breyer, J. A., Callender, A. D., Hinote, R. E., Karimin ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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West Texas
West Texas is a loosely defined region in the U.S. state of Texas, generally encompassing the arid and semiarid lands west of a line drawn between the cities of Wichita Falls, Abilene, and Del Rio. No consensus exists on the boundary between East Texas and West Texas. While most Texans understand these terms, no boundaries are officially recognized and any two individuals are likely to describe the boundaries of these regions differently. Walter Prescott Webb, American historian and geographer, suggested that the 98th meridian separates East and West Texas; Texas writer A.C. Greene proposed that West Texas extends west of the Brazos River. Use of a single line, though, seems to preclude the use of other separators, such as an area— Central Texas. Unlike East Texas, West Texas is not generally considered to be part of the American South, and the dry, desert climate is often more associated with the American Southwest. West Texas is often subdivided according to disti ...
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Oklahoma
Oklahoma (; Choctaw language, Choctaw: ; chr, ᎣᎧᎳᎰᎹ, ''Okalahoma'' ) is a U.S. state, state in the South Central United States, South Central region of the United States, bordered by Texas on the south and west, Kansas on the north, Missouri on the northeast, Arkansas on the east, New Mexico on the west, and Colorado on the northwest. Partially in the western extreme of the Upland South, it is the List of U.S. states and territories by area, 20th-most extensive and the List of U.S. states and territories by population, 28th-most populous of the 50 United States. Its residents are known as Oklahomans and its capital and largest city is Oklahoma City. The state's name is derived from the Choctaw language, Choctaw words , 'people' and , which translates as 'red'. Oklahoma is also known informally by its List of U.S. state and territory nicknames, nickname, "Sooners, The Sooner State", in reference to the settlers who staked their claims on land before the official op ...
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