The Biden administration’s Department of Energy relied on a “flawed study” by controversial keep-it-in-the-ground researcher Dr. Robert Howarth in implementing the widely criticized LNG export pause, Republicans argued in a new letter sent to Energy Secretary Jennifer Granholm. The letter, sent Thursday and led by Rep. August Pfluger (R-Texas) and Sen. Tim Scott (R-S.C.) underscored
Read More...Nine North American LNG export projects under construction will add an estimated 98.6 mtpa of capacity by the end of 2027, with 6 of them located in the U.S., according to Poten & Partners. This post appeared first on Hart Energy.
Read More...Midstream growth prospects limit funding at the moment, but the coming consolidation should shake things up. This post appeared first on Hart Energy.
Read More...There were 32 permits issued to drill new shale wells in Marcellus/Utica for the week of Sept. 16 – 22, more than doubling the 15 issued the prior week. The Keystone State (PA) had nine new permits, with five of them going to EQT in Greene County. The Buckeye State (OH) had 20 new permits….
Read More...It’s the end of an era. Chesapeake Energy was founded in 1989 by Aubrey McClendon and Tom L. Ward with an initial investment of $50,000. The flamboyant McClendon, who became the CEO, named the company after the Chesapeake Bay due to his love of the region. He rapidly grew his company, headquarter in Oklahoma City,…
Read More...Toby Rice, the Chief Executive Officer of EQT Corporation, currently the largest natural gas producer in the U.S. (but about to become second-largest next week, after Chesapeake Energy & Southwestern Energy merge to become the largest, see today’s companion story), addressed the 800 attendees at the Shale Insight event yesterday. He was in Erie, PA,…
Read More...Voters in Pennsylvania have the opportunity to elect a U.S. Senator in November who is a 100% supporter of the state’s Marcellus shale industry: Dave McCormick. Will they? Or will PA voters re-elect Bob Casey for a third term—someone who voted with Joe Biden and his Big Green (anti-shale) agenda 98.5% of the time? A…
Read More...In 2024, natural gas prices have spent almost the entire year under $3.00 per Mcf (thousand cubic feet), including a few months under $2.00/Mcf. You would think such low prices would have a negative effect on the stock prices of publicly traded Marcellus/Utica gas producers. Not so! Stock prices for our drillers have remained “remarkably…
Read More...In August, MDN told you about a tiny new gas-fired power plant coming to Kentucky (see Gas Peaker Planned for Madisonville, KY to Aid Unreliable Renewables). The Kentucky Municipal Energy Agency (KYMEA) and the City of Madisonville announced the development of the KYMEA Energy Center I, a 75-megawatt peaker natural gas electric generating facility to…
Read More...For those of a certain age (or who like to watch reruns), do you remember that iconic song and TV series, The Love Boat? Sing along with us: “The love boat soon will be making another run. The love boat promises something for everyone. Set a course for adventure, your mind on a new romance…”…
Read More...There is no excerpt because this is a protected post. The post Other Stories of Interest: Fri, Sep 27, 2024 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...TotalEnergies said its second Eagle Ford deal this year with Lewis Energy Group strengthens the company’s upstream gas position and secures supply for its exports through Cameron LNG. This post appeared first on Hart Energy.
Read More...BKV Corp. IPO’d on Sept. 26, nearly two years after the Barnett Shale’s top gas producer first filed to go public. This post appeared first on Hart Energy.
Read More...The conditions for midstream dealmaking are the most favorable since the late 1990s and early 2000s. This post appeared first on Hart Energy.
Read More...Chevron Corp. received approval for farm-in at the AREA OFF-1 block offshore Uruguay and along with partner CEG Uruguay SA eyes the acquisition of 3D seismic over the remainder of 2024. This post appeared first on Hart Energy.
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