Industry News

Trex reports setbacks launching new decking line

May 2, 2019 Updated 5/2/2019 Email Print Bill Schwab A sample of the Trex Enhanced Basic line of decking, which was designed with a scalloped bottom to reduce material costs and compete against pressure-treated lumber decking. Start-up problems in Virginia for a new line of composite decking and equipment failures at a manufacturing plant in

Read More...

Seneca Drilling New Utica Well *on* PA State Land in Elk County

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 “man bites dog” kind of story. Typically when we read about drilling on Pennsylvania state-owned land, the drilling happens on private land adjacent to the state land with the

Read More...

MVP Work on Streams/Rivers in WV & VA May Restart Soon

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last week the Mountain Valley Pipeline project, being built by Equitrans Midstream, got a boost from the West Virginia Dept. of Environmental Protection (WVDEP). WVDEP has submitted a revised stream/river crossing permit

Read More...

Bummer: Trump Won’t Waive Jones Act for Domestic LNG Shipments

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last week we brought you the news that President Trump is considering a waiver to the 1920 Jones Act for LNG to be shipped from port to port in the U.S., even

Read More...

Full PA House Votes to Restore Sanity to Enviro Regulations

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Two weeks ago MDN told you the Pennsylvania House Environmental Resources and Energy Committee approved a series of five bills that restore some sanity in how environmental regulations are made and paid

Read More...

PA DEP Secretary Reconfirmation Hearing Scheduled for May 8

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Pennsylvania Dept. of Environmental Protection Secretary Pat McDonnell will get his day in court, or rather, his day in a reconfirmation hearing–on May 8. We previously wrote about the delay of McDonnell’s

Read More...

Medtronic plans layoffs in two states

May 2, 2019 Updated 5/2/2019 Email Print Minneapolis-based medical device maker Medtronic Inc. is laying off workers in its cardiac and vascular group, including up to 100 salaried and hourly employees in Santa Rosa, Calif., and a smaller undetermined number in Minnesota. The company is a subsidiary of Dublin, Ireland-based Medtronic plc, which is the

Read More...

MPLX and Mountaineer Storage to Present at Appalachian Storage Hub Conference

MPLX LP  which recently announced it is evaluating underground NGL storage caverns at its Hopedale, Harrison County Ohio, complex, will be one of the speakers at the 3rd Annual Appalachian Storage Hub Conference.  MPLX will provide its latest assessment regarding underground storage in Hopedale.  Underground storage will be an important component in the development of the petrochemical/chemical industries in

Read More...

Shell Outperforms Rivals In First Quarter On Strong Trading, LNG

Royal Dutch Shell reported on May 2 a small drop in first-quarter profit to $5.4 billion, but still easily beat forecasts, helped by stronger trading and liquefied natural gas earnings. Shell’s results outshone those of rivals Exxon Mobil, Chevron and BP which all saw sharp declines in profits in the first three months of the year as a result of lower refining margins and weaker crude

Read More...

Equinor To Shut Its Ageing Statfjord A Platform In 2022

Equinor will shut down production at its ageing Statfjord A platform in the North Sea in 2022, the Norwegian oil and gas company said on May 2. One of the oldest platforms on the Norwegian Continental Shelf, Statfjord A was originally scheduled to be decommissioned in 1999, but its lifespan was extended several times. Equinor

Read More...

Apache’s Profit Misses On Lower Crude, Natural Gas Prices

U.S. oil and gas producer Apache Corp. missed analysts’ estimates for quarterly profit on May 1, as lower crude and natural gas prices offset higher output from the Permian Basin in the U.S. and the U.K. North Sea. Average price per barrel of oil fell 10%, while gas prices dropped 17% per cubic feet in

Read More...

TGS Launches AI Platform, Data Management Solution

TGS has signed an agreement with a major international oil company to perform cloud-based data management services leveraging TGS’s first-in-class Data Lake platform, the company said on May 1. This service will allow E&P companies to reduce cycle times from purchase to value creation through on-demand data delivery, while also streamlining their data management processes.

Read More...

Tallgrass announces open season for Pony Express lateral

Tallgrass Energy Wednesday announced the Hereford Project, roughly 30 miles of new pipeline, plus expanded capacity on the Pony Express system, Kallanish Energy reports. The new project is designed to support crude oil production in northern Weld County, Colorado, near the Wyoming-Colorado border. Sufficient interest arose during Pony Express’ existing open season for expansion capacity from

Read More...