Gibraltar opens LNG terminal

Gibraltar on Monday opened a liquefied natural gas regasification terminal, moving the British territory away from diesel-fuel power, Kallanish Energy reports. The project comes as part of Gibraltar’s effort to power its homes and businesses with cleaner energy. The 80-megawatt power plant was built by Anglo-Dutch giant Shell and its fully owned subsidiary Gasnor, which is also

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PA DEP Fines EQT $330K for Minor Erosion Violations in SWPA

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. The Pennsylvania Dept. of Environmental Protection (DEP) has just fined EQT $330,775 for erosion and sedimentation violations at two well sites in Forward Township, Allegheny County, PA. Water with sediment in it

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Rice Brothers Drop EQT Proxy Lawsuit – Feud Continues

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. On April 25 the Rice brothers (Toby and Derek) sued EQT alleging the company is trying to confuse shareholders by requiring some of the board candidates the Rice boys are proposing get

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Seneca Resources NatGas Production “Slightly” Disappoints

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. “In our exploration and production business, even though we achieved our highest ever average daily production rate this past quarter, we were expecting more. It’s a slight disappointment that we modestly lowered

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Gulfport Energy Sells “Small” Marcellus Leasehold in SE Ohio

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres) with record production in the Utica last year, announced last week (as part of its first quarter update)

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Antero Resources 1Q19: Marcellus Economics Better than Utica

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Antero Resources, one of the biggest Marcellus/Utica drillers (pure play) released first quarter 2019 numbers yesterday. The Mariner East 2 (ME2) pipeline, which Antero uses to ship and sell natural gas liquids

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Seneca Drilling New Utica Well *on* PA State Land in Elk County

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. This is a “man bites dog” kind of story. Typically when we read about drilling on Pennsylvania state-owned land, the drilling happens on private land adjacent to the state land with the

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CNX 1Q19 & Beyond: Go Big (in the Utica) AND Go Home

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. CNX Resources released its first quarter 2019 update yesterday, which shows the company lost $87 million, as opposed to making $527 million in profit in 1Q18. Even so, CEO Nicholas DeIuliis announced

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Turmoil Inside EQT – Company’s Top Driller Leaving This Week

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Fair or not, anything and everything that happens at EQT right now, which is under extreme pressure by the Rice brothers and several other large shareholders (see Rice Brothers Attempt to Take

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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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