This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Seems like every few months there’s a meeting or conference somewhere in the Marcellus/Utica region that addresses the topic of ethane storage. Another such a meeting was held in Pittsburgh yesterday. The
Read More...NEW YORK/HOUSTON—Growing production of Texas super-light oil—and worries about its quality compared with other types of crude—is slowing down deliveries into the main U.S. storage hub in Oklahoma, draining supply there and adding to a glut in Texas. In the last several months, drillers are producing more oil known as West Texas Light (WTL), a
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. Some 15 elected West Virginia officials met on Monday with the Route 2 | I-68 Authority. The aim of the meeting is to move the ball down the field (or the asphalt
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. Must be something in the water in Vermont. They elect people to high office like crazy Bernie Sanders and Pat “leaky” Leahy. And now there is a serious effort to pass a
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. MARCELLUS/UTICA REGION: Trump executive order energizes Capito,?Manchin; Equitrans completes strategic acquisition of Eureka Midstream and Hornet Midstream; NATIONAL: U.S. natural gas stocks end heating season at the lowest level since 2014; Petchem
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. Turning Point Petroleum LLC retained EnergyNet for the sale of Permian Basin mineral and royalty interests across West Texas and New Mexico through a
Read More...OPEC could raise oil output from July if Venezuelan and Iranian supply drops further and prices keep rallying, because extending production cuts with Russia and other allies could over tighten the market, sources familiar with the matter said. Venezuelan crude production has dropped below 1 million barrels per day (MMbbl/d) because of U.S. sanctions. Iranian supply could fall further after May if, as many expect,
Read More...Stephen HeinsEnergy Consultant“The Word Merchant” … Michael Mann’s refusal to share data while attacking anyone with the courage to question his climate change conclusions is unsettling, even to journalists. This recent news from the Competitive Enterprise Institute is pretty revealing: In a letter filed with the D.C. Court of Appeals today, 24 media organizations, including the Washington
Read More...[Editor’s note: This story was updated at 10:37 a.m. CST April 12. Check back for more updates on this developing story throughout the day.] The landscape of the oil and gas industry shifted on April 12 following Chevron Corp.’s merger agreement to acquire Anadarko Petroleum Inc., one of the world’s largest independent E&P companies based
Read More...Energy stocks were on the rise, after California-based Chevron announced that it was acquiring Anadarko Petroleum Corp. for $33 billion or $65 per share, Kallanish Energy reports. The deal will create a 75-mile-wide corridor across the most attractive acreage in the Delaware Basin in West Texas and New Mexico, extending Chevron’s leading position as a
Read More...Tom ShepstoneShepstone Management Company, Inc. The gullibility of so many urban voters on the subject of energy issues, their energy ignorance quotient, never ceases to amaze but it is easily explained. The degree to which urban voters are susceptible to boneheaded ideas about energy, that is to say their energy ignorance quotient, is quite
Read More...Waste and energy development company Brightmark Energy Thursday announced the closing of a $260 million financing package for construction of the nation’s first commercial-scale plastics-to-fuel plant, to be built in Ashley, Indiana. Financing for the project includes $185 million in Indiana green bonds, which were underwritten by Goldman Sachs, Kallanish Energy reports. As part of the
Read More...Crude oil markets are tightening, the International Energy Agency said Thursday, Kallanish Energy reports. The agency warned, however, an “extraordinarily” wide range of views about the health of the global economy was making it difficult to forecast oil prices. It comes at a time when the energy industry is concerned surging U.S. crude inventories and an economic
Read More...A literature review of studies that have unsuccessfully attempted to show fracking is negatively impacting health is getting some media attention based on its claim that air quality monitoring and modeling may not capture the full picture of oil and gas development impacts. And despite the authors’ best efforts to show otherwise, this compendium simply
Read More...April 11, 2019 Updated 4/11/2019 Email Print Decatur Plastic Products Inc. is investing $11.4 million over the next five years in a two-phase expansion that will double its footprint in North Vernon, Ind., and create up to 70 new jobs by 2023. The custom injection molder said April 11 that it has entered into a
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