Natural gas production in the Appalachian and Haynesville shale basins has weathered downturns caused by the coronavirus pandemic better than many other oil-focused shale plays, according to The Oklahoman. Although drilling activity is down in both basins, it hasn’t seen the dramatic declines many other plays have seen. Additionally, the Enverus FundamentalEdge series report notes
Read More...After two years of investigating, Pennsylvania Attorney General Josh Shapiro has reported the findings of a grand jury looking into whether shale gas producers had violated environmental protection laws. Gov. Tom Wolf’s Department of Environmental Protection, which oversees regulation of the industry, isn’t mincing words: “The report is legally erroneous, which compromises its conclusions.”* DEP
Read More...Energy In Depth recently sat down – virtually, of course – with Belmont County, Ohio farmer Larry Cain to discuss the natural gas development taking place in his county and on his family’s dairy farm. Through the use of a landowner’s group, Cain and his neighbors developed a partnership with a local natural gas and
Read More...Peregrine Energy Partners has acquired royalty interests in Washington County, Pennsylvania as well as in Tyler and Richie Counties in West Virginia from various undisclosed sellers, according to EIN Presswire. Some of these acquisitions came from well-known producers such as Range Resources, Antero Resources and EQT Corporation. “The Appalachian Basin and specifically the Marcellus Shale
Read More...New York and New Jersey’s recent decision to block the Northeast Supply Enhancement project could put into jeopardy millions of homes which will require natural gas for heating during the 2021 winter season. The planned $1 billion pipeline would have brought an additional 400 million cubic feet of natural gas per day into New York,
Read More...It grew 17 percent compared to the last quarter of 2018. Horizontal shale wells in the state produced 6.8 million barrels of oil and 685 billion cubic feet of natural gas during the fourth quarter of last year, the Ohio Department of Natural Resources announced Friday. Oil production grew 17 percent compared to the last
Read More...Residents of our region received some positive news Wednesday when it was learned that a local company has plans to build a gas-to-liquids facility in Saline Township in northern Jefferson County. Hammondsville-based Orin Holdings and county officials see a big potential for the facility, which would be located on 500 acres of ground that has
Read More...As the organization in charge of providing the general public with fact-based, educational information about Ohio’s important natural gas and oil industry, we’re deeply disappointed a recent article (“Rolling Stone Article Highlights Area Fracking Concerns,” Feb. 15) irresponsibly omitted key facts and context that is critical for readers to understand. Naturally occurring radioactive materials (NORM) in
Read More...PTT readies $5bn war chest to turn US into ‘second home base’ BANGKOK — PTT Global Chemical, an arm of Thai energy major PTT Group, has set aside $5 billion for its next five-year investment, of which around 80% will be spent on a petrochemical complex in the U.S. and acquisitions. Chief Executive Kongkrapan Intarajang said the company is
Read More...by Tom Westfall WVONGA Board President The folks who make up West Virginia’s oil and natural gas industry are proud of their work. They’re moving West Virginia ahead, and economic numbers we see each year are a source of pride. We face challenges as commodity prices are decreasing. Prices will remain low for the foreseeable
Read More...As a result of continued low natural gas prices, oil and gas companies have had to recalculate and reduce the value of their assets to reflect the down market, according to ShaleOhio. Last month, Chevron Corp. recorded a $10 billion impairment last month and more than half of it was attributed to assets in the
Read More...American consumers are reaping the benefits of soaring natural gas production, pocketing over $1.1 trillion in savings over the past 10 years, according to a new report released by Shale Crescent USA and the Ohio Oil & Gas Energy Education Program. The analysis shows growth in domestic natural gas production resulted in more than $4,000 in savings per
Read More...Voters, taxpayers and lawyers in the city of Youngstown, OH will be spared from a ninth iteration of an anti-fracking charter amendment this year, as backers of the “Community Bill of Rights” failed to submit required documents to the local board of elections to have the measure placed on the ballot. Despite repeated failures at
Read More...The Energy Information Administration projects natural gas production in the seven most productive basins and plays in the U.S. to rise 469 million cubic feet per day (Mmcf/d) from September to October, according to Kallanish Energy. Gas production will increase to more than 82.36 billion cubic feet per day (Bcf/d), up from 81.89 Bcf/d in
Read More...An activist group is recycling its faulty claims and scare tactics around chemicals used in natural gas development as it shifts its anti-fracking efforts from Pennsylvania to Ohio. This year’s attempt by the Partnership for Policy Integrity (PPI) to resurrect debunked talking points about fracking fluid chemical exposure – which follows its similar report last
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