Investors in shale oil and gas companies suffered for years with little or no returns for the money they invested…. Continue reading The post How Did M-U Gas Drillers Spend Their 2022 Record Haul of Cash? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...This is precisely what we feared might happen and why we were against the merger of Cimarex Energy and Cabot… Continue reading The post Coterra Shifting Focus and $$ from Marcellus Gas to Permian Oil first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Most water used for fracking new shale wells in Pennsylvania comes from produced water (i.e. brine)–from other shale wells. Produced… Continue reading The post Seneca Well Site Accident in Elk County Spills 63K Gals. of Brine first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The Shell ethane cracker plant in Beaver County, PA (near Pittsburgh) has experienced a number of problems over the past… Continue reading The post Shell CEO Calls PA Cracker Plant Problems “Technical Niggles” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...National Fuel Gas Company (NFG), headquartered in Buffalo, NY, is the parent company for Marcellus/Utica driller Seneca Resources and the… Continue reading The post Seneca Resources Buys Southwestern Assets in Tioga County, PA first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...We are currently in the latest quarterly update season. In fact, we are about done with quarterly updates for the… Continue reading The post M-U Drillers Predict NatGas Price Rebound in 2024, Supplies Decrease first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...CNX Resources held its annual meeting yesterday, which lasted all of 13 minutes. As we previously reported, one of CNX’s… Continue reading The post Proxy Firm Spouts Off at CNX Annual Mtg; Paris Proposal Voted Down first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The Pennsylvania Dept. of Environmental Protection (DEP) continues its delay, deny, and defend strategy with a PennEnergy Resources to draw… Continue reading The post Antis Use Wild Claims to Oppose PennEnergy Creek Water Request first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for Apr. 24-30 in the Marcellus/Utica fell from the prior week. There were 18 new permits… Continue reading The post 18 New Shale Well Permits Issued for PA-OH-WV Apr 24-30 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Chesapeake Energy Corporation issued its first quarter 2023 update yesterday. The company reports making a profit of $1.39 billion in… Continue reading The post Chesapeake Energy Continues to Scale Back Drilling, but Not Too Much first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy in… Continue reading The post Gulfport 1Q Net Income Swings +$1B to Positive, Avg 1.06 Bcfe/d first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Last September, EQT Corporation announced it is buying privately-owned Tug Hill Operating’s West Virginia shale assets for $5.2 billion (see… Continue reading The post EQT Seeks to Extend Note Redemption Extra 6 Mos. for Tug Hill Deal first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The proxy firm hired by California hotel owner Jon Handerly is accusing CNX Resources of lying about its attempt to… Continue reading The post Proxy Firm, CNX Accuse Each Other of Lying re Paris Goals Proposal first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Southwestern Energy, with major assets in the Marcellus/Utica and Louisiana Haynesville, issued its first quarter 2023 update late last week…. Continue reading The post Southwestern Energy 1Q – Added 13 M-U Wells, 23 Haynesville Wells first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Last week CNX Resources issued its first quarter 2023 update. The company generated $710 million of net income versus losing… Continue reading The post CNX 1Q – Production Slides, Profits Soar on Derivatives first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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