EQT 1Q – Tug Hill on Track, Rice a Fan of “Electrify the World”

EQT Corporation, the largest natural gas producer in the U.S., issued its first quarter 2023 update yesterday. The company reported… Continue reading The post EQT 1Q – Tug Hill on Track, Rice a Fan of “Electrify the World” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Antero 1Q – New World Record for Lateral Feet Drilled in 24 Hours

Yesterday Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the largest… Continue reading The post Antero 1Q – New World Record for Lateral Feet Drilled in 24 Hours first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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25 New Shale Well Permits Issued for PA-OH-WV Apr 17-23

New shale permits issued for Apr. 17-23 in the Marcellus/Utica picked up five from the prior week. There were 25… Continue reading The post 25 New Shale Well Permits Issued for PA-OH-WV Apr 17-23 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Air Monitors Detect Benzene at Fenceline of Shell Cracker in Monaca

Air monitors at Shell’s ethane cracker plant detected elevated levels of benzene (which can cause cancer in humans) following an… Continue reading The post Air Monitors Detect Benzene at Fenceline of Shell Cracker in Monaca first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Bloomberg: Shale in Midlife Crisis, Big Oil Rides in to Save Day

We spotted an article by a Bloomberg opinion columnist that says American shale energy is in a “midlife crisis.” The… Continue reading The post Bloomberg: Shale in Midlife Crisis, Big Oil Rides in to Save Day first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Shell Hosts Virtual Meeting with Community re Cracker Problems

Last night, Shell hosted a virtual community meeting to address air monitoring and recent problems experienced at the company’s ethane… Continue reading The post Shell Hosts Virtual Meeting with Community re Cracker Problems first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Range Resources 1Q Update – The Marcellus Future is Very Bright

Yesterday Range Resources Corporation issued its first quarter 2023 update and held a conference call with analysts. On the call,… Continue reading The post Range Resources 1Q Update – The Marcellus Future is Very Bright first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Calif. Hotel Liberal Pressures CNX to Report on Loony Paris Goals

The owner of two hotels in California–the Handerly Hotels in San Francisco and San Diego–who happens to own 19,185 shares… Continue reading The post Calif. Hotel Liberal Pressures CNX to Report on Loony Paris Goals first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Dan Rice’s New “Net-Zero” CO2 Company Gets Extra $275M Investment

Last December, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and… Continue reading The post Dan Rice’s New “Net-Zero” CO2 Company Gets Extra $275M Investment first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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$8 Billion in Free Cash Flow for Shale Gas Drillers “Off the Table”

Free cash flow (FCF) refers to a company’s available cash repaid to creditors and as dividends and interest to investors…. Continue reading The post $8 Billion in Free Cash Flow for Shale Gas Drillers “Off the Table” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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20 New Shale Well Permits Issued for PA-OH-WV Apr 10-16

New shale permits issued for Apr. 10-16 in the Marcellus/Utica picked up two from the prior week. There were 20… Continue reading The post 20 New Shale Well Permits Issued for PA-OH-WV Apr 10-16 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT CEO Toby Rice Made $11.6M in 2022, Down from $16.9M in 2021

Yesterday EQT Corporation held its annual meeting in Pittsburgh. It was short and sweet. Everything presented in the company’s previously… Continue reading The post EQT CEO Toby Rice Made $11.6M in 2022, Down from $16.9M in 2021 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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CNX Partners with California Co. to Produce Clean Electricity

An interesting announcement issued yesterday by CNX Resources says the company is partnering with a California company, Sapphire Technologies, to… Continue reading The post CNX Partners with California Co. to Produce Clean Electricity first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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PA DEP Investigates Bad Odor Coming from Shell Cracker Plant

The mighty Shell ethane cracker in Beaver County, PA (called Shell Polymers Monaca) has had “issues” getting and staying fully… Continue reading The post PA DEP Investigates Bad Odor Coming from Shell Cracker Plant first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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