Oil and gas companies have drilled more than 2,500 horizontal shale wells in Ohio, and according to Richard Simmers, chief of the state’s Division of Oil and Gas Resources, things are going to stay pretty consistent — at least for the next couple of years. Last year, oil and gas companies drilled 358 new horizontal
Read More...Fracking took center stage during a discussion at the recent Annual Conference on World Affairs at the University of Colorado, Boulder. The panel on Wednesday started out more global in scope, but then turned its focus to a region about 1,600 miles away—the Marcellus Shale in Pennsylvania. As expected for a panel moderated by Boulder
Read More...Investors who equate the international opportunity for oilfield services with the potential suggested by the budgets of U.S. shale producers and certain supermajors, whose capex spending plans are largely flat, may miss out on the broader cyclical upside, warned analysts with Morgan Stanley. The analysts see international upstream spending on the rise largely driven by
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) … Few green organizations descend to the level of depravity when it comes to advancing their cause as the Sierra Club, which is really a job suppression club. We’ve said it before, and we’ll say it again. Groups like the Sierra Club are jobs killers. When was the last
Read More...Editor’s note: This article originally appeared on EnerKnol. Subscribe here. Rocky Mountain Power, a division of PacifiCorp, proposed a modification to its net metering program for Idaho customers by allowing a once-per-year transfer of financial credits between eligible meters, according to an April 9 press release from the Idaho Public Utilities Commission. The company said that current regulations
Read More...U.S. energy firms this week increased the number of oil rigs operating for a second week in a row with crude futures up more than 40% so far this year. Companies added two oil rigs in the week to April 12, bringing the total count to 833, Baker Hughes, a GE company, said in its
Read More...More than three-quarters of Americans want to see critical energy infrastructure developed more quickly – a goal of President Trump’s recent executive orders – and just one in five voter supports the so-called Green New Deal, a new report found. A full 79 percent of voters responding to a recent survey support “streamlining or expediting
Read More...As activists continue to push the misleading #ExxonKnew narrative, energy companies have continued to make strides on researching and combating climate change, and Congress is taking notice. This week, the U.S. House Committee on Oversight and Reform’s Subcommittee on the Environment held a hearing examining the history of the scientific consensus around climate change and
Read More...CNOOC Ltd. said April 12 its parent company, China National Offshore Oil Corp. (CNOOC), has signed a production-sharing contract (PSC) with Smart Oil Investment Ltd. for Bohai 09/17 Block offshore China. Covering nearly 510 sq km in a water depth between 5 m and 10 m, the block is located in the Qikou sag of
Read More...The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Chisholm Exploration Inc. retained EnergyNet for the sale of a Permian Basin asset located in Nolan County, Texas, through a sealed-bid offering. Chisholm Exploration
Read More...OKLAHOMA CITY—Blueknight Energy Partners LP (NASDAQ: BKEP) (NASDAQ: BKEPP) has named Andrew Woodward as the new CFO. Woodward joins Blueknight with substantial financial experience across investment banking, corporate development and corporate finance within the energy and midstream industry. He will begin his new role on April 29. “We are pleased to welcome Andrew to our
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. During the signing ceremony on Wednesday when President Trump signed two executive orders to make it harder for states to block new pipelines for political reasons, Trump revealed part of the motivation
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. Yesterday the Pennsylvania Dept. of Environmental Protection’s (DEP) Air Quality Technical Advisory Committee voted to recommend the DEP move forward with a proposed new regulation to control volatile organic compound (VOC) emissions,
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’ve said it before, and we’ll say it again. Groups like the Sierra Club are jobs killers. When was the last time you heard about a Big Green group actually creating new
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. Trinidad’s Atlantic LNG facility Although natural gas prices in New England at the Algonquin City Gate trading hub (Boston) spiked a few times this past winter, they didn’t spike anywhere near as
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