Range Resources, the very first company to drill a Marcellus well back in 2004, leases office space in the Southpointe II business park in Cecil Township (Washington County), PA. Yeah, that Cecil, the one that has banned all new drilling by Range or anyone else via a 2,500-foot setback regulation (see Cecil Twp Supervisors Pull…
Read More...Living in New York State, as MDN editor Jim Willis does, is like watching a slow-motion train wreck. You can see it coming; you warn those nearby to get off the tracks and leave the area, but no one is listening. We’re talking about the coming brownouts and blackouts across the state (especially in New…
Read More...Reuters predicts a sharp increase in U.S. LNG exports to European destinations “in the coming weeks.” Why? Because “the price spread between domestic natural gas and Europe’s main gas pricing hub hit one-year highs.” What the heck does that mean? We will explain it below. To view this content, log into your member account. (Not…
Read More...We’ve brought you Harold Hamm’s top energy priorities for the incoming Trump administration (see Harold Hamm’s Oil & Gas Priorities for Trump’s Second Term) and the top five priorities from Jeff Eshelman, the president and CEO of the Independent Petroleum Association of America (see Top 5 Energy Issues for Trump-Vance to Tackle Starting Jan. 20)….
Read More...ExxonMobil is the second-largest oil company (by market capitalization) in the world, second only to the Saudi-owned Saudi Aramco. Exxon is the definition of “Big Oil.” Unfortunately, Big Oil isn’t always a positive thing. Exxon CEO Darren Woods wants to keep American taxpayers locked into forking over trillions of dollars to other (corrupt) countries in…
Read More...Smaller, more creative M&A deals are becoming the standard in the Permian’s Midland and Delaware basins, an Enverus analyst says. This post appeared first on Hart Energy.
Read More...Pantheon Resources steps up with proposal to bring natural gas to the southern part of the state. This post appeared first on Hart Energy.
Read More...Expand also issued a conditional notice of redemption for all of its outstanding 8.375% Senior Notes due 2028. This post appeared first on Hart Energy.
Read More...With the incoming Trump administration sure to impact the energy world, the U.S. oil and gas industry is working to put forward policy roadmaps to encourage a robust, competitive American energy sector. New comments and policy plans from the Independent Petroleum Association of America, the American Petroleum Institute, the National Ocean Industries Association, and the
Read More...Between BP, Chevron, Shell, TotalEnergies, Exxon Mobil and Eni, the projects could add 286,000 bbl/d of production capacity, Rystad analysts said. This post appeared first on Hart Energy.
Read More...The funding, awarded by the Department of Energy, is part of up to $7 billion the U.S. allocated to establish hydrogen hubs across the country. This post appeared first on Hart Energy.
Read More...DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and in other regions, such as Haynesville. Yesterday, DTM announced it had cut a deal to buy three FERC-regulated interstate pipelines from Oklahoma-based ONEOK, Inc. for $1.2 billion. Two of the three pipelines flow Marcellus/Utica molecules to Midwestern markets. To view this…
Read More...UGI Corporation, a diversified energy company with midstream (pipeline) operations in the Marcellus and one of Pennsylvania’s largest utility companies, is selling its 169-megawatt natural gas-fired power plant near Wilkes-Barre, PA, to Castleton Commodities International for an undisclosed amount. The plant’s owner/seller is actually a wholly-owned subsidiary of UGI Corp. called UGI Energy Services. To…
Read More...MDN is going to eat some crow with this story. In 2016, we called attention to efforts by neighbors (and anti-fossil fuelers) in Warren County, PA, in testing water sources near a wastewater injection well that had been operating since 2013 (see Concerned Citizens Test Water Near NWPA Injection Well, No Leaks). There had been…
Read More...Greg Floerke In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged with the Utica Shale’s premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The “new” MarkWest, aka MPLX, plays on a much larger stage now, including ownership and operation of major assets in the Permian…
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