Dividends Declared Week of Nov. 4

Ohio River Corridor

Q&A: Making Midstream’s Case in DC

GPA Midstream Association President and CEO Sarah Miller spoke with Oil and Gas Investor on working with the industry’s needs and defending the sector in Washington, D.C. This post appeared first on Hart Energy.

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13 New Shale Well Permits Issued for PA-OH-WV Oct 28 – Nov 3

For the week of Oct 27 – Nov 3, there were 13 permits issued to drill Marcellus/Utica wells, down from 17 permits issued the prior week. The Keystone State (PA) had just three new permits, one each for EQT, Range Resources, and Snyder Brothers (three different counties). The Buckeye State (OH) issued no new permits…

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NFG Gives Up on Building Northern Access Pipeline; NY Killed It

We hate this…writing yet another post mortem for a pipeline project in the Marcellus/Utica. Yesterday, National Fuel Gas Company (NFG) CEO David Bauer confirmed that his company has given up after battling for 10 years to build the Northern Access Pipeline, a 97-mile pipeline from McKean County in Pennsylvania into and through Allegany, Cattaraugus, and…

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DUG Appalachia: “Drill Baby Drill” has Become “Build Baby Build”

Yesterday, Hart Energy held its DUG Appalachia Conference and Expo in Pittsburgh. DUG stands for Developing Unconventional Gas. According to press accounts, folks were smiling, and the atmosphere was a lot more optimistic following Donald Trump’s crushing victory over The Cackler. A number of Marcellus/Utica luminaries attended, including EQT Corp. CEO Toby Rice. In a…

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DUG Appalachia: Range Resources Gives a Hard Pass on Pursuing M&A

We have a second post about yesterday’s Hart Energy DUG Appalachia event held in Pittsburgh. One of the sessions was an interview with Dennis Degner, CEO of Range Resources, the very first company to drill a Marcellus well back in 2004. Range is a “pure play” company focusing 100% on the Marcellus/Utica. Over the past…

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ET Reports Massive New Gas Demand from Power Plants, Data Centers

Two days ago, Energy Transfer (ET), a major midstream (pipeline) company with assets in the Marcellus/Utica, issued its third quarter update. ET has assets in many areas of the country, so there was plenty of discussion about pipelines in other areas. However, the centerpiece of the update and the conference call with analysts was the…

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Biden DOE Rushing to Release “Study” Attacking LNG Exports

In January, Joe Biden announced he would “pause” any approvals for new LNG export plants, with over a dozen requests in the pipeline, for at least one year while his people fart around pretending to figure out how to measure global warming as a new consideration for whether or not to approve projects (see White…

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History Lesson: Discovery of Marcellus Gas Tied to Yom Kippur War

How, exactly, did the Marcellus Shale come to be? What spurred early interest to spend millions of dollars to sink a well in the Marcellus with the hope (gamble) that natural gas would flow from it? We all know that Range Resources sunk that first well in 2004, but there was a LOT that happened…

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Other Stories of Interest: Fri, Nov 8, 2024

MARCELLUS/UTICA REGION: PA state senators weigh in on possible changes under Trump; Republican victory – David McCormick flips PA Senate seat; NATIONAL: From oil to EVs, Trump return set to shake up energy policy; Clean power operators strike cooperative tone over Trump return; What Trump’s reelection could mean for the IRA, offshore wind; Trump set…

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Bitcoin Boosts Crypto Market To $2.53T With Fed’s 25 Bps Rate Cut

Following the FED announcement of a 25bps rate cut, the price of Bitcoin and the crypto market as a whole has undergone a tremendous hike. Bitcoin has hit its new all-time high this week. And now with the reduced rates, it is expected to increase further in the coming days. The main aim behind this

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ARKM Surges 40% In A Week – 2025-30 Price Prediction & Investment Analysis

Arkham (ARKM) is a blockchain analytics platform that offers users a decentralized marketplace for purchasing and selling different types of blockchain data. The platform makes use of AI to deanonymize numerous blockchain transactions, and not only that, it provides numerous insights into individuals and businesses that are involved in the above-mentioned activities.  ARKM is the

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