CARACAS—Venezuela will “fulfill its commitments” to Cuba despite United States sanctions targeting oil shipments from the South American country to its ideological ally, Foreign Minister Jorge Arreaza said on April 8. Washington on April 5 imposed sanctions on 34 vessels owned or operated by state-run oil company Petroleos de Venezuela (PDVSA) as well as on
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Upper Burrell Twp Huntley & Huntley continues to make Upper Burrell in Westmoreland County, PA a key area of focus. In January we told you about H&H’s plans to add two more
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. We spotted some interesting comments made by Rick Simmers, chief of Ohio’s Division of Oil and Gas Resources (part of Ohio Dept. of Natural Resources, or ODNR), at the recent Utica Midstream
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last week Enbridge, owners of the Texas Eastern Transmission Company (Tetco) pipeline, filed documents with the Federal Energy Regulatory Commission showing that Phase II of its Texas Eastern Appalachian Lease (TEAL) Project
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. A joint announcement between Kendra II LLC and De Nora says a new wastewater recycling facility aimed at the shale industry will go online in late May providing drillers in the “heart
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. What will Pennsylvania’s future with respect to energy look like 25 years from now? What role will shale gas play? And how will that role affect the state? A group of 35
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Researchers at Purdue University recently announced they have discovered a new, cheaper way of converting shale gas into other substances like gasoline and diesel fuel, by using a “two-step process.” The researchers
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Natgas storage options Natural gas storage may not be glamorous, but it plays a key role in the natural gas industry in the U.S. (and elsewhere). Not all of the natgas that
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. OTHER U.S. REGIONS: Cash Waha, El Paso Permian gas trade in positive territory for first time in two weeks; NATIONAL: KBR enters deal to use Baker Hughes turbines for mid-scale LNG projects;
Read More...Santos Ltd. said April 9 it has identified two new plays with significant resource potential in Australia’s Cooper Basin. The news was shared as the company announced the completion of the Moomba South Patchawarra Formation phase 1 appraisal program. The new plays were identified in the Granite Wash and Fractured Granite intervals, which are hydrocarbon
Read More...April 9, 2019 Updated 4/9/2019 Email Print Plastics News Europe Middleton, Wis. — Flexible packaging firm ePac Flexible Packaging LLC is expanding into Europe, with its first manufacturing site scheduled to begin production in the United Kingdom in the second half of the year. The Middleton-based maker of finished pouches and rollstock has created ePac
Read More...Pressure pumper horsepower will increase in Q2, rebounding from a sluggish end to 2018, according to the new U.S. Horsepower Outlook report, offered by Westwood’s Global Energy Group. A 9% increase in hydraulic horsepower (Hhp) demand from Q4’18-Q4’19 could lead to a tighter Hhp market and potential undersupply in certain regions, Kallanish Energy learns. Westwood’s quarterly
Read More...Houston-based independent producer Callon Petroleum said Monday it’s entered into a deal to sell certain non-core assets in the Midland Basin to an unnamed buyer for $260 million in cash. The agreement also provides for potential incremental cash payments of up to $60 million based upon future commodity prices with upside participation starting at the $60/Bbl West Texas Intermediate level,
Read More...Crude oil prices rose to a five-month high Monday, on expectations for tighter global supply due to fighting in Libya, Opec+-led cuts and U.S. sanctions against Iran and Venezuela. International benchmark Brent futures were up 69 cents, or 1%, to $71.03 per barrel. U.S. West Texas Intermediate crude settled up 2.1%, at $64.40/Bbl, and hit its highest level since
Read More...Pin Oak Energy Partners LLC recently closed a deal with SWEPI LP, a Royal Dutch Shell affiliate, to acquire Utica Shale acreage in Northwest Pennsylvania, according to Kallanish Energy. In the deal, Pin Oak received 43,000 acres in Mercer, Crawford and Venango counties, which includes drilled and completed but not producing horizontal Utica shale wells
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