US rig count continues to rise as permitting dips

The U.S. oil and gas drilling rig count continues to rise at a steady pace; however, permitting activity recorded a double-digit monthly drop in May. The post US rig count continues to rise as permitting dips appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Washington County leads Pa. in natural gas impact fee revenue

Higher prices and an uptick in drilling resulted in an increase in impact fees in 2021, helping Washington County lead Pennsylvania in money from the fees. The post Washington County leads Pa. in natural gas impact fee revenue appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Riverbend Energy finds buyer for $1.8B in assets

Riverbend Energy Group has found a buyer for $1.8 billion in upstream equity interests. The post Riverbend Energy finds buyer for $1.8B in assets appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Upstream investments in Ohio’s Utica rebounded last year

Ohio’s natural gas and oil producers spent about $2.2 billion during the first half of last year on upstream investments in the Utica Shale. The post Upstream investments in Ohio’s Utica rebounded last year appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Natural Gas Futures Rise as EIA data show storage shortfall

The EIA reported a smaller-than-anticipated injection into natural gas storage inventories for the week ending June 3 and futures prices rebounded. The post Natural Gas Futures Rise as EIA data show storage shortfall appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Ohio congressmen believes natural gas is a solution to energy crisis

U.S. Rep. Troy Balderson (R-OH) introduced a resolution last week that asked for domestic natural gas to be recognized as a green and clean energy source. The post Ohio congressmen believes natural gas is a solution to energy crisis appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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US gas prices rise nearly 50 cents a gallon month-over-month

Across the U.S. gas prices have risen by nearly 50 cents a gallon over the last month due to Russian sanctions and unwavering demand. The post US gas prices rise nearly 50 cents a gallon month-over-month appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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