The Pennsylvania Department of Environmental Protection has fined CNX Gas Co. LLC $175,000 for a January 2019 well control incident in Westmoreland County, according to Kallanish Energy. The DEP has executed a consent order and agreement in connection with violations and well construction at the Shaw 1G Utica well, located in Washington Township in Westmoreland
Read More...On Monday, CNX Resources Corp. announced it is acquiring all outstanding common shares of CNX Midstream Partners LP, at a cost of about $357 million in CNX common stock, according to the Observer-Reporter. The company expects the deal to close in the fourth quarter. “We expect the combined entity to be an even stronger company,
Read More...CNX Resources has shut-in 375 million cubic feet per day of natural gas production in the Appalachian Basin since May 1, but its planning on easing up by July, according to Kallanish Energy. The Pittsburgh-based company anticipates the volume of natural gas shut-in to decline to about 300 MMcf per day by July, and plans
Read More...Tom ShepstoneShepstone Management Company, Inc. . … Natural gas has reduced emissions on every score, including CO2 emissions, a fact the Church of Climate should love but it’s an anti-gas cult so… The “Church of Climate” is a wonderful term. Nick Delullis is the president and CEO of CNX Resources Corporation. I wrote about him
Read More...On Monday, CNX Resources Corporation announced total proved reserves of 8.43 Tcfe, as of December 31, 2019, seeing a 7% increase compared to the year before, according to PR Newswire. As a result of continued development within the Marcellus and Utica Shale plays, CNX organically added 1,648 Bcfe of proved reserves. Furthermore, the company replaced over
Read More...In January, CNX was fracking the Shaw 1G well when it lost pressure in the hole and subsequently discovered pressure spikes in nine conventional wells in Westmoreland County, Pa., according to the Pittsburgh Post-Gazette. The affected wells had to be flared for days, while CNX brought the Shaw 1G well under control. After months of
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