Cabot O&G 1Q19: Production Skyrockets 21%, $308M Free Cash Flow

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. The money-making Marcellus machine known as Cabot Oil & Gas continues to crank out the hits. On Friday Cabot held a conference call to discuss the company’s first quarter 2019 performance. And

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Rice Boys Issue Proxy Card, Ask EQT Shareholders for New Board

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. On Monday, Toby and Derek Rice filed a proxy statement with the Securities and Exchange Commission and sent EQT shareholders a package and special proxy card (for voting) in an effort to

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Range Resources 1Q19 – Happy ME1 is Finally Back Online

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Range Resources issued its first quarter 2019 update earlier this week. Natural gas liquids (NGLs) were one of the themes of the update and analyst phone call–and no wonder why. The company

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Huntley & Huntley Proposes Another Well Pad in Upper Burrell

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Upper Burrell Twp Huntley & Huntley continues to make Upper Burrell in Westmoreland County, PA a key area of focus. In January we told you about H&H’s plans to add two more

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Two Possible Paths for PA’s Energy Future in 25 Years

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. What will Pennsylvania’s future with respect to energy look like 25 years from now? What role will shale gas play? And how will that role affect the state? A group of 35

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Questerre Keeps Pushing to Drill in Quebec Utica, Despite Ban

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. You gotta give Questerre Energy Corporation credit–they keep trying, even in the face of total opposition. Questerre, a Canadian driller, has patiently waited for years to begin drilling on their extensive Utica

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“Responsible Gas” Certification Expands, Gains Another Driller

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last September MDN reported that Southwestern Energy was the very first driller to earn the label of producing “responsible gas” from the Independent Energy Standards Corporation (IES)–what they call their TrustWell™ Responsible

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Shell Sells NWPA Assets, Possibly Tioga County Assets Too

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. MDN recently received a hot tip from a reader that says Shell (i.e. SWEPI) may have recently sold its Tioga County, PA assets in northcentral PA. Yesterday, Pin Oak Energy issued a

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NFG CEO Tanski Retiring in July, Replacement Named

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. David P. Bauer – NFG’s next CEO National Fuel Gas Company (NFG) is headquartered in Western New York State, operating drilling subsidiary Seneca Resources and pipeline subsidiary Empire Pipeline. Via Seneca Resources,

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Fed Judge Reverses Class Action in PA Landowner Lawsuit v. Shell

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. A notable development in a lawsuit that before now, we were unaware of. Several landowners in Venango County (northwest PA) filed a lawsuit against Shell’s SWEPI drilling subsidiary in 2013 claiming SWEPI

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Cabot Settles Overtime Work Lawsuit by 80 PA Workers for $3.56M

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. A second lawsuit we’re reporting on today that had previously slipped by our usually good radar. A former Cabot Oil & Gas employee filed a lawsuit in October 2017 alleging that he

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Are Marcellus/Utica Shale Drillers Financially Healthy?

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. We read on a regular basis in mainstream media that shale companies spend more money than they bring in, and that investors are growing tired of pumping money into companies without a

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Diversified Pays $400M for HG Energy’s Shale Assets in PA, WV

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Diversified Gas & Oil has been on a mission to buy as many non-shale (conventional) oil and gas wells as it can in the Appalachian Basin. It owns close to 3 million

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Driller for Wells at US Steel Plant Gets Earful from Residents

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last night people opposed to drilling a few wells at the U.S. Steel Edgar Thomson Plant in a Pittsburgh suburb turned up to complain that somehow a noisy, air-polluting steel plant will

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Imported Steel for Shell Ethane Pipeline Shows Up at Philly Port

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Shell pipes being unloaded – click for larger version All 97 miles of imported steel pipeline that will be used to construct Shell’s Falcon ethane pipeline project was offloaded at a Philadelphia

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