Successful 2015 DUG East Conference Shows Oil and Gas Industry's Resilience

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Jul 02, 2015, 02:32 ET

HOUSTON, July 2, 2015 /PRNewswire/ -- Hart Energy's 7^th annual DUG East conference (@HartEnergyConf #DUGEast) delivered on its theme, "Resource Resilience." The energy market's downturn did not hamper attendance; more than 2,800 oil and gas professionals gathered June 23-25 at the David L. Lawrence Convention Center in Pittsburgh, PA. The agenda provided candid discussions about how producers are remaining flexible to operate efficiently throughout the Marcellus and Utica formations. The networking luncheon featured Pulitzer Prize-winning political columnist Dr. Charles Krauthammer.

"What a treat for attendees to hear from Dr. Krauthammer prior to the upcoming election," said Barry Haest, Hart Energy Vice President of Events. "The conference featured more than 20 executive-level presenters. From the beautiful weather, perfect for enjoying local baseball games, to the bustling exhibit floor, DUG East was a great show with a strong turnout of leaders and decision-makers."

Additional notable speakers included Eclipse Resources CEO Ben Hulburt. He told attendees his company, along with Chesapeake Energy, has the fastest and most efficient drillers in the Utica play. To date, Eclipse has participated in drilling 187 gross Utica wells, including 70 operated wells. Also, Kathryn Downey Miller, a managing director for BTU Analytics, stated operators with firm takeaway capacity have been the real winners over the past couple of years but, as production is tempered by demand, it's going to come down to who has the best acreage and who can best manage their costs.

Prospective attendees can mark calendars for next year's DUG East conference set for June 21-23, 2016 in Pittsburgh, PA.

Every DUG event delivers a highly effective mix of data, insight and forecasts about financing, exploration, drilling and production, presented by esteemed industry leaders. The next conference in Hart Energy's popular DUG series will be the 3^rd annual DUG Australia conference (@HartEnergyConf #DUGAU) July 28-30, 2015, at the Royal International Convention Centre in Brisbane, Queensland.

About Hart Energy
For more than 40 years, Hart Energy editors and experts have delivered market-leading insights to investors and energy industry professionals. The Houston-based company produces award-winning magazines (such as Oil and Gas Investor, E&P and Midstream Business); online news and data services; in-depth industry conferences (like the DUG™ series); GIS data sets and mapping solutions; and a range of research and consulting services. For information, visit hartenergy.com.