Range Resources’ new CEO, Dennis Degner, told analysts yesterday during a quarterly update that he doesn’t think the commodity price of natural gas and the overall demand for natgas will increase for the rest of this year and most of next year. So Degner will keep the company’s drilling program active enough to keep production…
Read More...Although Shell maintains flaring and accidental emissions from its new multi-billion-dollar ethane cracker in Beaver County, PA, have not violated state and federal air standards, the Pennsylvania Dept. of Environmental Protection (DEP) says they have–on numerous occasions. Shell didn’t argue the point, and in May, the company agreed to pay nearly $10 million in fines…
Read More...In February, EQT Corporation, the largest natural gas producer in the United States, announced the planned retirement of its Chief Financial Officer (CFO), David Khani, effective in July (see Help Wanted: New CFO for EQT – David Khani Leaving in July). In an announcement yesterday, EQT said it had promoted Jeremy Knop to the position…
Read More...We’re trying not to sound too PO’d (personally offended) here, but once again, in what seems to be an every month or two occurrence, the Pennsylvania Dept. of Environmental Protection’s (DEP) online oil and gas permitting database is throwing an error. So, we are left with no permit numbers for PA for the week of…
Read More...In a process that began in December 2021, Olympus Energy (formerly Huntley & Huntley) announced it had contracted with Project Canary to monitor methane emissions from both the company’s drilling operations and the company’s pipeline operations (see Olympus Using Proj Canary to Monitor Drilling & Pipes for Methane). Last July, Olympus achieved Project Canary certification…
Read More...Last summer, MDN brought you the news about a lawsuit against Diversified Energy and EQT over the issue of old and “abandoned” wells in West Virginia (see Big Green Uses WV Landowners to Sue EQT, Diversified re Old Wells). In April, a West Virginia federal judge allowed that lawsuit to continue as a class action…
Read More...Two years ago, Chesapeake Energy announced that it would seek responsible gas certification from two organizations–Equitable Origin (EO) and MiQ–to certify the production of its natural gas produced in both its Marcellus and Haynesville operations (see Chesapeake Goes Whole Hog on ESG, Certifying Gas Across 2 Basins). Yesterday Chessy announced it had received recertification from…
Read More...A fuel cell manufacturer located in Westmoreland County, PA–WATT Fuel Cell–disclosed in 2022 that its biggest investor is EQT Corporation (see EQT Invests in Fuel Cell Co. – Foresees Future Market for NatGas). WATT Fuel Cell manufactures Solid Oxide Fuel Cell (“SOFC”) stacks and systems that operate on common, readily available fuels such as natural…
Read More...Exxon Mobil Corporation announced it is buying Denbury Inc., a developer of carbon capture, utilization, and storage solutions and enhanced oil recovery, for $4.9 billion in an all-stock transaction. Denbury currently focuses on the Gulf Coast and Rocky Mountain region. Presumably, Exxon plans to expand Denbury’s technology to other regions, including the Marcellus/Utica. Please Login…
Read More...New shale permits issued for Jul 3-9 in the Marcellus/Utica saw a dramatic decrease after posting a dramatic increase the week before. There were 11 new permits issued last week, way down from the 39 issued the previous week. Last week’s permit tally included a scant 3 new permits in Pennsylvania, 3 new permits in…
Read More...Yesterday MDN brought you the news that a third-party contractor “struck a well head” on a Hilcorp shale well pad in Columbiana County, Ohio, resulting in a leak that forced the evacuation of 450 people within a mile of the well site (see Columbiana County, OH Evacuates 450 After Hilcorp Gas Well Accident). Good news….
Read More...Dennis Farm Preserved with Help from Coterra Energy Rick Hiduk Managing Editor of EndlessMtnLifestyles.com … .. [Editor’s Note: The Dennis Farm is a marvelous example of how the oil and gas industry works with communities to make them truly sustainable in the very best sense of the word.] Coterra Energy has enjoyed a long relationship with
Read More...Roughly 450 people within a one-mile radius of a Hilcorp Energy well pad in Fairfield Township (Columbiana County, OH) were evacuated following a mishap at the pad. Hilcorp says a third-party contractor “struck a well head” on the pad around 9:00 a.m. Tuesday, causing natural gas to leak into the air. What does that mean,…
Read More...Although Shell maintains flaring and accidental emissions from its new multi-billion-dollar ethane cracker in Beaver County, PA, have not violated state and federal air standards, the Pennsylvania Dept. of Environmental Protection (DEP) says they have–on numerous occasions. Shell didn’t argue the point, and in May, the company agreed to pay nearly $10 million in fines…
Read More...New shale permits issued for Jun 26 – Jul 2 in the Marcellus/Utica saw a dramatic increase, thanks to a bump in Pennsylvania’s numbers. There were 39 new permits issued last week, way up from 11 issued the previous week. Last week’s permit tally included 30 new permits in Pennsylvania, 8 new permits in Ohio,…
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