Industry News

BKV Adjusts IPO Price Down from $19-$21 to $18 per Share

Last week, MDN told you the time was finally right for BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu, Thailand’s largest coal mining company, to launch an initial public offering (see The Time is Now Right – BKV Launches IPO Hoping to Raise $315M). BKV, which is being carved out of Banpu to…

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EQT to Begin Reversing Curtailed Production Starting in October

In July, MDN brought you the news that the largest natural gas producer in the country, EQT Corporation, totally focused on drilling in the Marcellus/Utica, was still curtailing (intentionally reducing) some of its M-U production through the second half of 2024 (see EQT 2Q – Selling Rest of NEPA Non-Op Assets, Curtailing 500 MMcf/d). A…

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EQT’s Rice Says Data Centers #1 New Customer; Price Spikes Coming

EQT CEO Toby Rice has been in New York City for the city’s so-called Climate Week. Rice (EQT) is a member of the Partnership to Address Global Emissions. Bloomberg is reporting on several comments made by Rice that are intriguing and insightful—comments about the coming important role of AI data centers, when the price of…

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Coterra CEO Says Government Should Use AI for Better Energy Policy

While Toby Rice was talking about AI and data centers at an event in New York City yesterday, Coterra Energy CEO Tom Jorden was talking about AI 450 miles away from NYC in Erie, Pennsylvania, at the annual Shale Insight event. Jorden said sucky government policies (our term, not his) are not working. Instead, said…

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CNX Official Calls on Entire Industry to Get Radically Transparent

Hayley Scott CNX Resources released its first Radical Transparency™ assessment report in August (see Independent Monitoring of CNX Ops Shows No Public Health Threat). The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public…

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The Lying Nun Makes an Appearance at Shale Insight Event

Sally Field as “The Flying Nun” Some 800 delegates are attending the Shale Insight event held in Erie, PA, from Tuesday through today. It’s the premier shale event in the Marcellus/Utica each year. While 800 talented, hardworking, intelligent people are inside listening to speakers, networking (talking to others), and learning how to make shale drilling…

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Other Stories of Interest: Thu, Sep 26, 2024

There is no excerpt because this is a protected post. The post Other Stories of Interest: Thu, Sep 26, 2024 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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