October marked the 20th anniversary since the first Marcellus Shale well was drilled in Pennsylvania in 2004. Like Pennsylvania’s Drake Well, which launched commercial oil drilling across the world in 1859, Range Resource’s Renz #1 has been a game-changer for the Commonwealth and the United States. As Jeff Kotula, president of the Washington County Chamber of
There is no excerpt because this is a protected post. The post Deep Well Services Sold to United Arab Emirates for $223 Million first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), reported its third quarter 2024 numbers yesterday. The company drills Utica and Marcellus wells in Ohio. It also has an active drilling program in the Oklahoma SCOOP shale play. Gulfport’s net daily production for 3Q24 averaged 1,057.2 MMcfe/d (1.06…
Earlier this week, three of five supervisors in Cecil Township (Washington County), PA, voted to ban all new fracking via a new setback (distance from well to nearest structure) requirement of 2,500 feet (see Cecil Twp Supervisors Pull the Trigger on Frack Ban Via Setbacks). We told you the new setback distance bans virtually all…
According to Hart Energy, “massive” transformations are “shaking” the natural gas industry along the Gulf Coast via new pipelines in Texas and LNG export plants in Louisiana. However, the nation’s largest gas field on the eastern side of the U.S., the Marcellus Shale, is not seeing the same transformations. Why? “CEOs are often fighting political…
AES Indiana, formerly known as Indianapolis Power & Light Company, is a utility company providing electric service to the city of Indianapolis. It is a subsidiary and largest utility of AES Corporation. In August, AES Indiana said that it wants to invest $1.1 billion in Pike County, IN, to convert the company’s two remaining coal-fired…
There is no excerpt because this is a protected post. The post Top 5 Energy Issues for Trump-Vance to Tackle Starting Jan. 20 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
The election of Donald Trump as President for a second term is about the best thing that has happened for Big Green groups in years. Why? They all (and we mean ALL) are fundraising using Trump’s name, hoping to shake some more coins out of the faithful lemmings that contribute to their twisted causes. We’re…
Devon Energy is producing record volumes from the Delaware Basin—its biggest asset—where the company drilled a 21-well pad targeting six different intervals in recent months. This post appeared first on Hart Energy.
After years of exploitation as one of the country’s first unconventional shale plays, the Marcellus still has plenty of natural gas for producers, even if regional and economic factors have kept much of it bottled up. This post appeared first on Hart Energy.
Vital Energy CEO Jason Pigott discusses the company’s relationship with Northern Oil and Gas, including multiple transactions across different assets from Forge and Point Energy, and Vital’s priorities going forward, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
President Trump won election as America’s 47th President with a victory speech promising to expand U.S. energy production, stating: “We have more liquid gold — oil and gas — we have more liquid gold than any country in the world. More than Saudi Arabia, more than Russia.” Energy was indeed on the ballot Tuesday as
In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged in 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 Basin and…