Despite declining prices, two U.S. natural gas production records were set in August, according to Kallanish Energy. A new daily production record was set on August 19, when production reached 92.8 billion cubic feet per day (Bcf/d), according to estimates from IHS Markit, the Energy Information Administration reports. A new monthly record was also set
Read More...The Sunshine State could also be called the Natural Gas State, according to data recently released by the U.S. Energy Information Administration. Natural gas accounted for 72 percent of Florida’s electricity generation mix in 2018 – a 25 percent increase from a decade ago when the fuel was used to generate about 47 percent of
Read More...Although natural gas production has increased by more than 50% in the United States since 1990, methane emissions have dropped 15 percent over the same period, according to The Hill. Methane is a primary component of natural gas and a greenhouse gas that’s more potent than carbon dioxide. Methane emissions count for 10% of total greenhouse
Read More...Low natural gas prices have left Pennsylvania property owners with diminished royalty checks, despite record amounts of gas being pulled from the commonwealth’s shale plays, according to the Pittsburgh Post-Gazette. The low prices, driven by a supply that has outpaced demand, have angered shareholders and forced shale companies to slow new development. Meanwhile, royalty owners
Read More...Ahead of tonight’s third Democratic presidential debate in Houston, the energy capital of the world, EID is taking a deeper dive into several candidates’ climate plans and their potential impacts on America’s power grid. Top tier contenders including Joe Biden, Elizabeth Warren, Bernie Sanders, and Kamala Harris have laid out plans to achieve a net-zero
Read More...Kelsey MulacCabot Oil & GasExternal Affairs, Pittsburgh … … Energy industry employees, teachers and legislators learn more about the many benefits of the STEM mobile learning lab. On Monday, September 9, 2019, energy industry employees, local legislators, teachers and school administrators attended an event where they could ‘Meet the MOLU’ and learn about the many
Read More...Energy industry experts who comprise the Potential Gas Committee announced Wednesday the volume of producible natural gas in the U.S. has jumped roughly 20% since their last assessment two years ago. The increase of 557 trillion cubic feet (Tcf) reported by the Pgc is the highest assessment in its 54-year history. The organization estimates total
Read More...The amount of recoverable natural gas in the United States has reached its highest-ever recorded level, according to an announcement today by the Potential Gas Committee and the American Gas Association. The PGC’s biennial assessment of recoverable natural gas measured a resource base of 3,374 trillion cubic feet (Tcf), which is a 20 percent or
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) The unanimous FERC vote on the Constitution Pipeline tells us the agency has chosen to take over from Andrew Cuomo. Is it what he wanted? Or, are they angry? Just prior to taking a long Labor Day holiday weekend, MDN brought you news that the Federal Energy Regulatory Commission
Read More...Baker Hughes, a GE company (Bhge) announced Tuesday General Electric and its GE Oil & Gas US Holdings I, GE Holdings (US), and GE Oil & Gas US Holdings IV units have begun a secondary offering of 105 million shares of Bhge Class A common stock. The offering’s underwriters will have a 30-day option to
Read More...EQT Corp. said Tuesday it’s cutting its workforce by 23% — 196 positions – and chopping departments to 15 from 58 – all designed to improve operational effectiveness, and create a more efficient, nimbler organization. The workforce reduction will save roughly $50 million in general and administrative expenses annually, Kallanish Energy reports. All actions announced
Read More...Rick HidukManaging Editor of EndlessMtnLifestyles.com … … GasSearch Drilling Services (GDS) is employing Susquehanna County residents to support the gas drilling that has been economically sustaining the county. GasSearch Drilling Services (GDS) operations manager Chad Gorman has seen substantial growth in the Marcellus shale region of northern Pennsylvania and especially in Susquehanna County, where he
Read More...Natural gas-fired power generation is expected to increase in Pennsylvania over the next few years, according to the state Public Utility Commission’s (PUC’s) Electric Power Outlook for Pennsylvania 2018-2023 report released in August. The PUC’s report expects gas-fired power generation will account for as much as 45% of the state’s installed capacity by the end
Read More...As “Keep It in the Ground” activists push for Democratic presidential hopefuls to take more extreme positions on oil and natural gas, candidates are promising to ban fracking or halt leasing on federal lands. Some have even gone a step further to say that if elected they will ban the practice all together – a
Read More...Kelsey MulacCabot Oil & GasExternal Affairs, Pittsburgh … … Pennsylvania is now in the midst of a thrilling second decade of an energy revolution never imagined possible a dozen years ago and it has raised us all up. Cabot Oil & Gas Corporation, Energy Transfer and the Greater Susquehanna Valley Chamber of Commerce hosted a Think
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