Chesapeake will reduce drilling in response to lower natural gas prices

On Wednesday, Chesapeake Energy Corp. announced plans to cut back on drilling and completing wells this year in response to lower natural gas prices. The post Chesapeake will reduce drilling in response to lower natural gas prices appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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US natural gas futures rise as flows to LNG plants hit 8-month high

U.S. natural gas futures increased about 3% as the amount of the commodity flowing to liquified natural gas export plants rose to an eight-month high. The post US natural gas futures rise as flows to LNG plants hit 8-month high appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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US natural gas prices drop 46% this year as market cools

Natural gas prices have fallen by 46% this year across the United States, threatening to reduce drilling and merger and acquisition activity. The post US natural gas prices drop 46% this year as market cools appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Hilcorp seeks permits to drill nine new wells in Columbiana County

Hilcorp Energy has requested nine new permits to drill oil and gas wells in the Utica/Point Pleasant shale formation in Columbiana County. The post Hilcorp seeks permits to drill nine new wells in Columbiana County appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Johnson sponsors natural gas bill again

U.S. Rep. Bill Johnson has revived and reintroduced a natural gas bill he’s sponsored three times before without success. The post Johnson sponsors natural gas bill again appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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