Industry News

New York Pipeline Madness the Subject of Two Revealing Commentaries

Tom ShepstoneShepstone Management Company, Inc. . … Two recent commentaries on New York pipeline madness reveal it for what is; an insane pursuit of political correctness contradicted by a wealth of data. Andrew Cuomo is not that smart. He does have street smarts, though, in the sense he’s adept at manipulating the situation at hand.

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Sunoco purchases homes along Mariner East route in Chester County

For more than a year, a cul-de-sac in Chester County, Pennsylvania has been plagued by sinkholes and construction mishaps related to the Mariner East pipeline project, according to The Philadelphia Inquirer. Last month the company purchased two of these Lisa Drive homes for $400,000 apiece. The Mariner East 1 was shut down in March 2018

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Learn About the Benefits of the Appalachian Storage Hub

The benefits are numerous and have a considerable and long-term impact a region, as demonstrated by the success in existing global storage hubs in fostering investment and growth. Mont Belvieu storage hub on the U.S. Gulf Coast is an example. They are in use globally such as in Rotterdam, Netherlands, Singapore and Al Jubail Saudi

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Pipeline Chess: FERC Approves NESE into NYC; Your Move Gov. Cuomo

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last Friday the Federal Energy Regulatory Commission (FERC) issued a final approval for Williams’ Northeast Supply Enhancement (NESE) pipeline project by a vote of 3-1 (full copy below). The only remaining regulatory

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Seneca Resources NatGas Production “Slightly” Disappoints

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. “In our exploration and production business, even though we achieved our highest ever average daily production rate this past quarter, we were expecting more. It’s a slight disappointment that we modestly lowered

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Gulfport Energy Sells “Small” Marcellus Leasehold in SE Ohio

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres) with record production in the Utica last year, announced last week (as part of its first quarter update)

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Dominion Energy: Atlantic Coast Pipe Construction Restarts 3Q19

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Dominion Energy, a huge (one of the biggest) gas and electric utilities (and power generator) in the U.S., as well as a major pipeline company, issued its first quarter 2019 update last

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Identity Crisis: a Philadelphia Gas Works…that Doesn’t Sell Gas?

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. This is a glittering example of how people who fancy themselves as “smart” are actually quite stupid. The so-called political leaders of Philadelphia are commissioning a study (paid for by Mike Bloomberg)

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South Africa’s State-Owned Oil Company To Explore Highly-Prospective Oil Block B2 In South Sudan

JUBA, South Sudan–South Africa’s state-owned oil company Strategic Fuel Fund (SFF) will own and operate Block B2; In 2018, South Africa agreed to invest US$1 billion into South Sudan’s energy infrastructure; South Sudan has the third-largest oil reserves in sub-Saharan Africa, estimated at 3.5 billion barrels, with just 30% of the country explored. South Africa

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Expro Expands Subsea Intervention Capabilities

International oilfield services company, Expro, has expanded its subsea intervention capabilities, introducing two new well access solutions in addition to its established subsea landing string system technologies. The Intervention Riser System (IRS) will safely establish and maintain well access throughout riser to surface operations, replicating the functionality of the blow-out preventer and providing a safe

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Airborne Oil & Gas, SÍMEROS Collaborate To Qualify Dynamic Deepwater TCP Risers In Brazil

Oilfield technology firm Airborne Oil & Gas and engineering company SÍMEROSTechnologies have signed a collaboration agreement which aims to deliver the first qualified Thermoplastic Composite Pipe (TCP) Risers in the deepwater region Brazil. Last year, Airborne Oil & Gas commenced its TCP Riser qualification program. The technology is believed to be a world first for fully

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BP To Boost GoM Spending As Shale-Focused Rivals Pull Back

BP Plc on May 6 announced new production units in the Gulf of Mexico, enhancing its standing as the largest producer there at a time when rival global oil majors are scrambling to expand vast U.S. onshore shale drilling. U.K.-based BP will add two new subsea production units about two miles (3.2 km) south of

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Occidental revises Anadarko bid, offers mostly cash

Occidental Petroleum, continues to tinker with its offer to buy Anadarko Petroleum, late Sunday putting a revised bid in front of the independent producer, offering mostly cash as it looks to wrest its prey from Chevron, Kallanish Energy reports. Oxy is still offering to buy Anadarko for $76 a share, but would now pay 78% in

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E&P Earnings Recap: Mixed Results From Shale Producers

E&P companies reported mixed first-quarter results despite a rebound in crude oil prices from the decline at the end of 2018. Continental Resources Inc., Concho Resources Inc., Devon Energy Corp., Encana Corp. and Antero Resources Corp. are among E&Ps that have reported results so far this earnings season. This post appeared first on Hart Energy.

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Time for Some Smiles; The Return of Laughable Oil and Gas Lingo

Kelsey MulacCabot Oil & GasExternal Affairs, Pittsburgh … … Let’s put aside the bitter, miserable opposition of fractivists for a moment and reflect again the humorous nature of laughable oil and gas lingo, shall we? We had previously posted a well-received blog post (also reposted here at NaturalGasNow) about the oil and gas lingo that

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