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2015-12-06T00:00:00.000Z

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David E. Drennon

Coordinator - Well Connects

Ascent Resources LLC

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Ascent Resources LLC

3501 NW 63Rd St.

Oklahoma City, Oklahoma 73113

United States

Company Description

Ascent Resources, LLC (formerly American Energy Appalachia Holdings, LLC) was created in December 2014 through the combination of Ascent Resources Utica Holdings, LLC and Ascent Resources Marcellus Holdings, LLC, which respectively own Ascent Resources †... more

Find other employees at this company (213)

Background Information

Employment History

Coordinator - Well Connects

American Energy Partners LP

Transportation and Marketing Manager

HG Energy LLC

Pipeline and Utility Manager

East Resources, Inc.

Position, West Virginia Gas Operations

Pennzoil Company

Affiliations

Chair of Education and Communication Committee
Independent Oil

Chair of Education and Communication Committee
Gas

Board Member
Gas Association of West Virginia

Education

bachelor's degree

mathematics

Glenville State College

Web References (35 Total References)


David E. Drennon, marketing ...

energyspeakswv.com [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from...


David E. Drennon, marketing ...

www.energyspeakswv.com [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from...


David E. Drennon, marketing ...

www.energyspeakswv.com [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from the Marcellus Shale deposits and oil from the Utica Shale deposits in the future.

Drennon said the current development falls into two primary areas, the wells themselves and the infrastructure, from pipelines to processing facilities of various types.
...
Drennon said for gas prices, the curve is going the wrong way, partly due to recent success in drilling and the glut of natural gas it has placed on the market. The cost is $3.40 for the main unit measurement of natural gas, down from $10 in 2008.
That drop in price is due to the rise in extraction, he said. It involves dry gas production, which has made it uneconomical now to drill for dry gas.
Wet gas includes a variety of liquid products with the natural gas that can be extracted and used in other products and services. Drennon said those additional potential revenue streams are what is moving interest away from dry gas production toward wet gas production, although he expects interest to return to dry gas.
Drennon said this region's Marcellus Shale has tremendous volumes of gas, but it is a dry gas area.
...
Drennon believes processing facilities will be built in the local region, becoming an economic engine.
"It's a tremendous economic opportunity," he said.


David E. Drennon, marketing ...

justbeneaththesurfacewv.com [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from the Marcellus Shale deposits and oil from the Utica Shale deposits in the future.

Drennon said the current development falls into two primary areas, the wells themselves and the infrastructure, from pipelines to processing facilities of various types.
...
Drennon said for gas prices, the curve is going the wrong way, partly due to recent success in drilling and the glut of natural gas it has placed on the market. The cost is $3.40 for the main unit measurement of natural gas, down from $10 in 2008.
That drop in price is due to the rise in extraction, he said. It involves dry gas production, which has made it uneconomical now to drill for dry gas.
Wet gas includes a variety of liquid products with the natural gas that can be extracted and used in other products and services. Drennon said those additional potential revenue streams are what is moving interest away from dry gas production toward wet gas production, although he expects interest to return to dry gas.
Drennon said this region's Marcellus Shale has tremendous volumes of gas, but it is a dry gas area.
...
Drennon believes processing facilities will be built in the local region, becoming an economic engine.
"It's a tremendous economic opportunity," he said.


David E. Drennon, marketing ...

www.justbeneaththesurfacewv.com [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from the Marcellus Shale deposits and oil from the Utica Shale deposits in the future.

Drennon said the current development falls into two primary areas, the wells themselves and the infrastructure, from pipelines to processing facilities of various types.
...
Drennon said for gas prices, the curve is going the wrong way, partly due to recent success in drilling and the glut of natural gas it has placed on the market. The cost is $3.40 for the main unit measurement of natural gas, down from $10 in 2008.
That drop in price is due to the rise in extraction, he said. It involves dry gas production, which has made it uneconomical now to drill for dry gas.
Wet gas includes a variety of liquid products with the natural gas that can be extracted and used in other products and services. Drennon said those additional potential revenue streams are what is moving interest away from dry gas production toward wet gas production, although he expects interest to return to dry gas.
Drennon said this region's Marcellus Shale has tremendous volumes of gas, but it is a dry gas area.
...
Drennon believes processing facilities will be built in the local region, becoming an economic engine.
"It's a tremendous economic opportunity," he said.

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