Industry News

PA House Committee Votes to Restore Sanity to Enviro Regulations

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Swamp dwellers are recoiling in horror that the Pennsylvania House Environmental Resources and Energy Committee has just approved a series of bills that restores some sanity in how environmental regulations are made

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Free webinar to discuss using horizontal drilling in pipeline construction

The Interstate Natural Gas Association of America (INGAA) estimates approximately 41,000 miles of pipeline and an additional 139,000 miles of gathering lines will be added now through 2035 to transport oil, gas and natural gas liquids.  The use of horizontal directional drilling (HDD) provides a large role in minimizing surface disturbance and environmental impacts in

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Ascent, Eclipse receive Utica Shale permits

The Ohio Department of Natural Resources issued five permits to drill in Ohio’s Utica Shale to Ascent Resources Utica LLC and three permits to Eclipse Resources during the week ended April 6, according to The Youngstown Business Journal. Ascent secured permits for horizontal wells in Belmont County. Eclipse received permits to drill new wells in

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Utica Shale activity to stay consistent in Ohio

Oil and gas companies have drilled more than 2,500 horizontal shale wells in Ohio, and according to  Richard Simmers, chief of the state’s Division of Oil and Gas Resources, things are going to stay pretty consistent — at least for the next couple of years. Last year, oil and gas companies drilled 358 new horizontal

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International Oilfield Services Poised For Growth

Investors who equate the international opportunity for oilfield services with the potential suggested by the budgets of U.S. shale producers and certain supermajors, whose capex spending plans are largely flat, may miss out on the broader cyclical upside, warned analysts with Morgan Stanley. The analysts see international upstream spending on the rise largely driven by

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The Sierra Club Demonstrates It’s Really the Job Suppression Club

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) … Few green organizations descend to the level of depravity when it comes to advancing their cause as the Sierra Club, which is really a job suppression club. We’ve said it before, and we’ll say it again. Groups like the Sierra Club are jobs killers. When was the last

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PacifiCorp Proposes Allowing Net Metering Aggregation For Idaho Solar Customers

Editor’s note:  This article originally appeared on EnerKnol. Subscribe here. Rocky Mountain Power, a division of PacifiCorp, proposed a modification to its net metering program for Idaho customers by allowing a once-per-year transfer of financial credits between eligible meters, according to an April 9 press release from the Idaho Public Utilities Commission. The company said that current regulations

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US Drillers Add Oil Rigs For Second Week In A Row

U.S. energy firms this week increased the number of oil rigs operating for a second week in a row with crude futures up more than 40% so far this year. Companies added two oil rigs in the week to April 12, bringing the total count to 833, Baker Hughes, a GE company, said in its

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Dem Oversight Chairman Criticizes Campaign to ‘Eliminate’ Energy Industry

As activists continue to push the misleading #ExxonKnew narrative, energy companies have continued to make strides on researching and combating climate change, and Congress is taking notice. This week, the U.S. House Committee on Oversight and Reform’s Subcommittee on the Environment held a hearing examining the history of the scientific consensus around climate change and

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CNOOC Signs PSC With Smart Oil For Bohai Bay Basin Block

CNOOC Ltd. said April 12 its parent company, China National Offshore Oil Corp. (CNOOC), has signed a production-sharing contract (PSC) with Smart Oil Investment Ltd. for Bohai 09/17 Block offshore China. Covering nearly 510 sq km in a water depth between 5 m and 10 m, the block is located in the Qikou sag of

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Marketed: Chisholm Exploration Permian Basin, Nolan County, Texas

The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Chisholm Exploration Inc. retained EnergyNet for the sale of a Permian Basin asset located in Nolan County, Texas, through a sealed-bid offering. Chisholm Exploration

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Blueknight Energy Partners Names New CFO

OKLAHOMA CITY—Blueknight Energy Partners LP (NASDAQ: BKEP) (NASDAQ: BKEPP) has named Andrew Woodward as the new CFO. Woodward joins Blueknight with substantial financial experience across investment banking, corporate development and corporate finance within the energy and midstream industry. He will begin his new role on April 29. “We are pleased to welcome Andrew to our

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