CNX Resources CEO Nick DeIuliis is on a mission to reduce the number of outstanding shares of his company’s stock… Continue reading The post CNX’s Share Buy-Back Program Working – Retired 24% Shares Since 3Q20 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
And so begins the quarterly earnings report season. Yesterday CNX Resources issued its fourth quarter and full-year 2022 update. The… Continue reading The post CNX Update: Production Slipped in 2022, Better Days Ahead in 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
The Ohio Court of Appeals recently issued a decision in a case involving lease language about a “depth severance clause”… Continue reading The post Ohio Court of Appeals Upholds Depth Severance Clause in Shale Lease first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
New shale permits issued for Jan. 16-22 in the Marcellus/Utica included only 7 new permits in Pennsylvania, 5 new permits… Continue reading The post 14 New Shale Well Permits Issued for PA-OH-WV Jan 16-22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Last week the Municipality of Murrysville, PA (in Westmoreland County, near Pittsburgh) voted to allow Olympus Energy to build a… Continue reading The post Murrysville Council Approves Olympus Drilling on Plum Border first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
CNX Resources and ICE Thermal Harvesting have partnered on a pilot project to generate 100% emission-free, locally-sourced power for use… Continue reading The post CNX Using Compressor Engine Exhaust Heat to Produce Electricity first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
It hasn’t been a problem-free startup for the mighty Shell ethane cracker plant in Monaca (Beaver County), PA, now called… Continue reading The post Shell Cracker Still Working Through Problems During Break-In Period first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
New shale permits issued for Jan. 9-15 in the Marcellus/Utica included 18 new permits in Pennsylvania, 5 new permits in… Continue reading The post 25 New Shale Well Permits Issued for PA-OH-WV Jan 9-15 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
John Reinhart is the former President and CEO of M-U driller Montage Resources Corporation before that company was gobbled up… Continue reading The post Marcellus Veteran John Reinhart Joins Gulfport Energy as CEO first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Yesterday Chesapeake Energy announced it has cut a deal to sell the majority of its Eagle Ford oil assets to… Continue reading The post Chesapeake Sells 90% of Eagle Ford Assets to WildFire for $1.4B first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Yesterday, a few hours after the news broke that Chesapeake Energy is selling 90% of its Eagle Ford acreage to… Continue reading The post Chessy CEO Calls on Peers to Scale Back Production Given Low Price first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
We have two related lawsuits to report on involving landowners in Susquehanna County, PA, and Callon Petroleum. As most lawsuits… Continue reading The post PA Landowners Sue Callon for Shifting Assets to Avoid Class Action first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
The CEO of the largest natural gas driller/producer in the U.S., EQT’s Toby Rice, is currently attending the Atlantic Conference… Continue reading The post EQT CEO Says “Gas Markets in the U.S. are Broken” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Amanda Finn is Director of External Affairs at Ascent Resources, Ohio’s largest natural gas producer and the 8th largest natural… Continue reading The post Amanda Finn Elected Chairperson of Ohio Oil & Gas Association first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
For years we’ve highlighted the top-notch educational program available at Lackawanna College’s School of Petroleum and Natural Gas (PNG), now… Continue reading The post CNX Hires Slippery Rock Petroleum/NatGas Grad as Engineer first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.