In the Energy Information Administration’s newly released Drilling Productivity Report, it projects crude oil production in the U.S.’s most productive unconventional basins in the lower 48 states is projected to rise roughly 0.5% from July to August, according to Kallanish Energy. Overall production is expected to rise 49,000 barrels per day from 8.50 million barrels
Read More...The Energy Information Administration projects natural gas production from the seven most productive basins in the lower 48 states will jump from 81.21 to 81.96 billion cubic feet per day from July to August, according to Kallanish Energy. Of the seven major basins, six are expected to see a month-to-month increase in production. The EIA’s
Read More...UGI Corp recently announced its UGI Energy Services unit has plans to acquire Columbia Midstream Group from a TC Energy subsidiary for roughly $1.28 billion, according to Kallanish Energy. The deal will expand UGI’s midstream portfolio and provide an opportunity to invest an additional $300-$500 million over the next five years. The Columbia Midstream Group
Read More...The United States has long been a top global producer of natural gas, but the shale revolution has solidified U.S. energy dominance in recent years. And, as EID’s latest video shows, it’s being led by growth in the Appalachian and Permian basins. [embedded content] Booming shale production in the Permian and Appalachian Basins has ushered
Read More...The crusade by New York’s leaders to block new natural gas pipelines is having real impacts on the state’s economy and environment, according to a new Manhattan Institute report. As author Robert Bryce explains: “Utility rates in New York are already among the highest in the country—and shutting off access to more natural gas is
Read More...In its largest distribution to date, the Pennsylvania Public Utility Commission announced this week that it will distribute nearly $252 million in Marcellus impact fees to counties and communities across the Commonwealth. As PUC said in its press release, “[O]ver the past eight years the PUC has collected and distributed almost $1.7 billion to communities
Read More...A growing trend of oil and gas industry visitors is sparking increased tourism offerings in Belmont County, Ohio, according to local officials. The Herald-Star recently reported that an energy industry expo at the Ohio Valley Mall in April was a “chance to popularize tourism sites in the county,” and that the area expects even more
Read More...Recent reports show that the U.S. oil and natural gas industry is driving energy sector job growth and creating opportunities that offer some of the highest wages of any sector. This incredible growth requires a well-trained workforce to fill the vast array of diverse positions – a challenge that is being met head on in
Read More...Activists relying on Professor John Stolz to lend scientific credibility to their “Keep It In the Ground” stance on energy might want to review court records from a recently decided Pennsylvania appeals case that made it clear he’s no expert on natural gas development. Stolz, director of the Center for Environmental Research and Education at
Read More...Two years of data recorded around Marcellus Shale development near a school in Pennsylvania show the operations “do not pose any acute or chronic health concerns” and have not impacted air quality in the surrounding area, according to a comprehensive study released this week. The analysis by researchers at Boston-based Gradient Corp. refutes baseless claims
Read More...Connie MellinNatural Gas NOW“PAShaleAdvocate” A new report by the Cleveland State University shows natural gas production is surging in the Appalachian Shale region, with no end in sight. Offshore oil and natural gas drilling has taken place in federal waters of the Gulf of Mexico for over 75 years. But drilling for oil in
Read More...Increased natural gas consumption has generated a truly incredible story for the environment as U.S. greenhouse gas emissions have fallen to their lowest levels since 1992. But the air quality improvements go even further, as a new Energy In Depth analysis shows: The U.S. oil and gas industry is also making incredible progress in reducing
Read More...Fracking took center stage during a discussion at the recent Annual Conference on World Affairs at the University of Colorado, Boulder. The panel on Wednesday started out more global in scope, but then turned its focus to a region about 1,600 miles away—the Marcellus Shale in Pennsylvania. As expected for a panel moderated by Boulder
Read More...Pipeline construction within the Appalachian Basin has spurred economic activity in recent years, according to a study by Energy In Depth. Pipeline construction projects have created $32.6 billion of investments and more than 124,000 jobs as companies build more than 3,500 miles of pipelines in parts of Ohio, Pennsylvania and West Virginia, according to the
Read More...Pin Oak Energy Partners LLC recently closed a deal with SWEPI LP, a Royal Dutch Shell affiliate, to acquire Utica Shale acreage in Northwest Pennsylvania, according to Kallanish Energy. In the deal, Pin Oak received 43,000 acres in Mercer, Crawford and Venango counties, which includes drilled and completed but not producing horizontal Utica shale wells
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