While global carbon emissions saw a slight increase in 2019, the United States continued its long-term trend of reducing these emissions – at the same time that natural gas production and demand continued to increase – according to BP’s 2020 Statistical Review of World Energy. This year’s edition was published amidst one of the most
Read More...Range Resources recently pleaded no contest to a criminal conviction under a Pennsylvania grand jury investigation, including violations of the Solid Waste Management Act and illegal discharge of industrial wastes at a pair of Marcellus shale natural gas well sites in Washington County, according to the Observer-Reporter. The company will pay $50,000 in fines and
Read More...Colorado’s methane emissions are coming from background sources in areas far from the state’s oil and natural production, according to a report recently published by the Payne Institute for Public Policy at the Colorado School of Mines. The report also finds that agriculture and wetlands are contributing significantly to emissions. The Payne Institute report utilized
Read More...CNX Resources has shut-in 375 million cubic feet per day of natural gas production in the Appalachian Basin since May 1, but its planning on easing up by July, according to Kallanish Energy. The Pittsburgh-based company anticipates the volume of natural gas shut-in to decline to about 300 MMcf per day by July, and plans
Read More...EQM Midstream Partners, LP is nearing completion on its Mountain Valley Pipeline project with work about 92% complete, according to Yahoo Finance. The 303-mile natural gas pipeline is expected to begin full service early next year, despite delays and cost adjustments due to additional regulatory reviews along the way. Upon completion, the pipeline will move
Read More...Many oil traders believe oil demand will return to an upward course as global lockdowns lift and the economy slowly recovers. In times like these, it’s important for industry leaders to look forward to the day it bounces back. Maintaining optimism and encouraging the younger generation to continue to pursue a career in oil and
Read More...We finally have a major court victory over the forces of anti-fossil fuel evil, so let’s sit back and soak in the warmth and sunshine of this moment. Yesterday the U.S. Supreme Court delivered a decision we expected, a decision that allows Dominion’s Atlantic Coast Pipeline (ACP), a 600-mile project from West Virginia through Virginia
Read More...We’ve been on bankruptcy watch for Chesapeake Energy for some time now. We told you yesterday that the company faced a $17 million debt payment deadline yesterday, and faces a $134 million bond interest payment on July 1 (see Doug Lawler Drilled Chesapeake’s Grave – Not Aubrey McClendon). If the company is going to declare
Read More...The door has been closed on “Dimock” (in Susquehanna County, PA) for years. Dimock, you may recall, was made famous by Josh Fox’s so-called documentaries Gasland and Gasland 2, aired endlessly on HBO. His allegations about fracking malfeasance by Cabot Oil & Gas were completely debunked in a real documentary called FrackNation. After a long
Read More...click for larger version Antero Resources, one of the biggest (and best) Marcellus/Utica pure play drillers concentrating most of their drilling in West Virginia, issued a press release yesterday to announce the company has sold an overriding royalty interest (ORRI) in all of their wells for $402 million. The company will use the money to
Read More...Yesterday our favorite government agency, the U.S. Energy Information Administration (EIA), issued our favorite monthly report, the Drilling Productivity Report (DPR). The DPR estimates how much oil and natural gas each of the country’s seven largest shale plays produced in the previous (current) month, and how much each will produce in the coming (next) month.
Read More...Stupp Corp., a division of Stupp Bros. Inc., revealed that Ed Scram has stepped down as president on June 1 and that the board of directors has elected Sean Clawges as the new president to succeed Scram. Scram will be retiring from Stupp Corp. on June 30. Scram joined Stupp Corp. as president in 2005 after
Read More...The Rocky Mountain Institute has campaigned in favor of electrifying everything – forcing people to use exclusively electric appliances under the false promise of solving CO2 emissions and climate change. In RMI’s latest installment, part of its ongoing series focused on electrification, the “Keep It In the Ground” group argues that residential electric heat pumps
Read More...Wintershall Noordzee BV has started producing natural gas from the second production well at the Sillimanite Field offshore the Netherlands in the North Sea, the company said June 15. Gas from the well, which is on the Netherlands-U.K. maritime border, will be transported via a new 12-km long pipeline connecting the B platform to the
Read More...Detroit — As the automotive industry reopens production in North America, some members of its supply chain are facing challenges from the COVID-19 pandemic and an income gap from widespread shutdowns of nonessential production. Ben Holder, president and CEO of Lindstrom, Minn.-based Plastic Products Co., told Plastics News the injection molder has faced “a huge
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