U.S. natural gas prices have already more than doubled since the beginning of the year and they could jump 25% or more this summer. The post Natural gas prices have doubled and may jump higher this summer appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
Read More...The Department of Interior plans to release a proposal for a five-year offshore oil and gas leasing program with the current program set to expire June 30. The post Biden Administration to unveil five-year offshore leasing program in June appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
Read More...CNX Resources has partnered with Pittsburgh International airport to develop airport property within the Utica shale and reduce local emissions. The post CNX partners with PIT to develop Utica shale property, reduce local emissions appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
Read More...Williams is investing about $1.5 billion to expand its natural gas pipeline network nearly 2 Bcf/d over the next few years to meet growing demand. The post Williams eyes natural gas pipeline expansions as a way to meet growing demand appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
Read More...Equitrans Midstream Corp. announced it will seek new permits for the Mountain Valley Pipeline, delaying its completion to 2023. The post Mountain Valley Pipeline seeks new permits, delays completion to 2023 appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
Read More...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
Read More...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
Read More...Pennsylvania Attorney General Josh Shapiro filed criminal charges against the developer of the Mariner East 2 pipeline for waste spilled during the construction of the project on Tuesday, a day after postponing the announcement, according to The Daily Reporter. Shapiro made the announcement at Marsh Creek State Park in Downingtown, where the original news conference
Read More...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
Read More...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
Read More...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
Read More...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
Read More...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
Read More...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
Read More...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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