Coterra Energy emerges from Cabot-Cimarex merger

What is fracking? Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock. Is it safe? What most concerns people about fracturing is

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Ohio sees uptick in permitting activity during week ended Oct. 3

Ohio issued 10 new shale drilling permits during the week ended Oct. 3 — an increase from typical permitting activity, according to Marcellus Drilling News. Antero Resources received six drilling permits for wells in Nobel County. Gulfport Resources received four drilling permits all for the same well pad in Jefferson County. Pennsylvania issued eight drilling

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Pa. prosecutors delay Mariner East pipeline probe announcement

Pennsylvania Attorney General Josh Shapiro abruptly canceled a planned news conference on Monday to announce criminal charges against the developer of the Mariner East 2 pipeline, which transports natural gas liquids across the southern portion of the state, according to the Associated Press. The event was scheduled to take place in Marsh Creek State Park

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US oil and gas rig count up 9 to 640 during week ended Sept. 29

The U.S. oil and gas rig count increased by nine during the week ended Sept. 29, bringing the total to 640, according to data provided by Enverus. Oil rigs reached their highest total since April 2020 at 501. Natural gas rigs increased five to 139. The Eagle Ford Shale of South Texas saw the biggest

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Shareholders approve Cabot, Cimarex merger

On Wednesday, Cabot Oil & Gas Corp and Cimarex Energy Co shareholders approved the proposed merger between the two companies, forming one of the largest oil and gas firms in the U.S., according to Reuters. The merger was announced in May. It brings together Cabot’s gas-rich Marcellus shale positions and Cimarex’s oil-heavy acres in West

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36 drilling permits issued in Ohio, Pa., W. Va. last week

What is fracking? Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock. Is it safe? What most concerns people about fracturing is

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PennEast abandons natural gas pipeline project

PennEast Pipeline announced on Monday it would stop developing a proposed pipeline from Pennsylvania to New Jersey, dropping its plans due to ongoing regulatory battles, according to Reuters. The company said it canceled the project because it had not yet received all of its required permits, including a water quality certification in New Jersey. The

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Reuters: Gulfport Energy Corp explores selling

Gulfport Energy Corp has been exploring the possibility of selling, according to sources that spoke to Reuters. The natural gas exploration and production company has been working with an investment bank on its options, following its emergence from bankruptcy earlier this year, and its ability to solicit potential acquisition interest.  Gulfport has a market value

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Rockdale Marcellus files for bankruptcy

Last Tuesday, Rockdale Marcellus Holdings LLC, a natural gas driller in northeastern Pennsylvania, filed for Chapter 11 bankruptcy protection in a federal bankruptcy court in Pittsburgh, according to Pittsburgh Business Times. According to court filings, there are two related bankruptcy proceedings — Rockdale Marcellus Holdings and Rockdale Marcellus, which is owned by the holding company.

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Study: Shell cracker plant to contribute $3.7B to Pa. economy annually

Shell Chemical Appalachia’s cracker plant in Beaver County is expected to contribute $3.7 billion to Pennsylvania’s economy annually, according to a study prepared by Robert Morris University. When the plant becomes operational, which is expected in 2022, the study estimates $132 million in direct labor income from the 600 jobs directly created by the plant

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Mountain Valley Pipeline faces EPA challenges to obtain key permit

Equitrans may have to clear more regulatory hurdles to obtain a key water crossing permit to complete the Mountain Valley Pipeline project, according to Pittsburgh Business Times. The U.S. Environmental Protection Agency has recommended to the U.S. Army Corps of Engineers that plans for the project may not be sufficient to comply with the Clean

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Chesapeake to seek responsibly sourced certification for Lower 48 natural gas production

Chesapeake Energy recently announced plans to partner with MiQ and Equitable Origin to seek responsibly sourced certification for its Lower 48 natural gas production, according to Natural Gas Intelligence. The company said it would be “the first company to independently certify and continuously monitor its natural gas production across two major shale gas basins” via

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Report reveals EPA approval for use of toxic ‘forever chemicals’ in fracking since 2011

A report, titled Fracking with “Forever Chemicals,” recently revealed the U.S. Environmental Protection Agency granted approval for chemicals that could potentially break down into toxic “forever chemicals” to be used for fracking in 2011, according to Farm and Dairy. Per- and polyfluoroalkyl substances (PFAS) or substances that can degrade into them were approved for fracking

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Shell’s Beaver County plant generates electricity to the grid

Shell’s natural gas cogeneration facility, built to power its petrochemical plant in Beaver County, Pennsylvania, created electricity from each of its three units and distributed power to the PJM Interconnection regional electrical grid for the first time, according to the Pittsburgh Business Times. The natural gas steam cogeneration plant on site will produce enough energy

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