Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Toby Rice is not your typical corporate honcho. He tackles challenges in new and different ways. He’s truly leading EQT and aims to make money on $2 gas. For years MDN has observed that Cabot Oil & Gas is one of the few Marcellus/Utica drilling companies that can “spin
Read More...The U.S. energy revolution that’s taken place since 2000 catapulted the country to become the global leader in petroleum, including oil, and natural gas production in 2018, according to a recent report from the Energy Information Administration: “Last year’s increase in the United States was one of the largest absolute petroleum and natural gas production
Read More...Tom ShepstoneNatural Gas NOW … … It is undeniable; adding more solar power to the grid means decreases the environmental performance of baseload energy systems and grow air pollution. A North State Journal article about power generation in North Carolina reveals the problem introduced by too much solar power being added to the grid. Solar
Read More...Tom ShepstoneNatural Gas NOW … … A Bob Howarth methane study has gotten some traction here and there amongst the uneducated empathetic press but key data falsifying it has been ignored. We have some really knowledgeable readers here at NaturalGasNOW and one of them, who apparently read our Bob Howarth post the other day, sent
Read More...The seven most productive, unconventional shale plays and basins in the Lower 48 U.S. states are projected to set a natural gas production record from August to September, according to the Energy Information Administration August Drilling Productivity Report. more than half of the production increase will be driven by the Marcellus and Utica shale plays
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about the Shell Cracker Plant, Northeast Supply Enhancement Project, Southwestern Energy and much more last week. The Shale Gas News has grown again; welcome Gem 104 as
Read More...U.S. gross inputs to refineries, aka, refinery runs, have increased each year since 2009, most recently reaching a record high of 17.3 million barrels per day (Mmbpd) in 2018, Kallanish Energy reports. However, based on its monthly refinery run data through May and forecast for the remainder of 2019, the U.S. Energy Information Administration expects
Read More...ExxonMobil Asia Pacific has signed a two-year time charter agreement with Singapore-based Sinanju Tankers Holdings Pte. Ltd. to lease Singapore’s first liquefied natural gas (LNG)-powered bunker tanker, Sinanju said, in a statement Friday, Kallanish Energy reports. The 7,990 deadweight tonnage (dwt) new build will be the first LNG bunker tanker for Singapore and Sinanju and
Read More...EQM Midstream Partners told the Federal Energy Regulatory Commission via letter last week the company would stop some work on the Mountain Valley natural gas pipeline in West Virginia and Virginia, as the U.S. Fish and Wildlife Service reviews permits. In the letter, EQM said it was voluntarily suspending new work on Mountain Valley in
Read More...Despite U.S. natural gas demand reaching an all-time high, and expected to keep rising, prices are falling, according to Hellenic Shipping News. Last week, U.S. gas futures collapsed to a three-year low, while spot prices were on track to post their weakest summer in over 20 years. Simultaneously, demand is is rising. Incidentally, so is
Read More...In today’s challenging market conditions, both E&P and service companies are continuously looking for opportunities to reduce costs. In hydraulic fracturing operations, diesel fuel is a significant expense. Higher pumping rates and pressures increase the amount of fuel required to perform the work. Even idling between stages consumes a lot of fuel; these large engines
Read More...Even as overall energy consumption continues to rise, businesses in the oil and gas sector are beginning to align themselves with some of the tenets of the Paris climate agreement — which aims to reduce carbon emissions to a net zero by the end of the century. For example, Shell announced it would link executive pay to
Read More...What we are recognizing: Demonstrated leadership and contributions to the energy industry by military veterans – through the roles they play fulfilling a company’s mission or advancing its long-term success. Nominating trail-blazers is encouraged. This awards program seeks to recognize all facets of the veteran community. Potential nominees: These individuals may be employed in management,
Read More...With more than $370 trillion of global financial contracts referencing LIBOR (London Inter-bank Offered Rate), many oil and gas companies are curious about how the phase-out of LIBOR by 2021 could impact their organization. Many companies are beginning to ask how this transition will impact their organization and what steps can be taken now. Why
Read More...DUBAI—A drone attack launched by Yemen’s Houthi group on an oilfield in eastern Saudi Arabia on Aug. 17 caused a fire at a gas plant but had no impact on oil production, state-run oil company Saudi Aramco said. A Houthi military spokesman said earlier that the group had targeted the Shaybah oilfield with 10 drones,
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