For individuals, discretionary income is what’s left after you pay your taxes and fixed costs like housing, food, and clothing. For shale drillers, the equivalent to discretionary income is cash flow from operating activities (CFOA), which is the net income a company generates adjusted for non-cash expenses like depreciation and stock-based compensation, and for changes
Read More...Two major Marcellus/Utica drillers–Seneca Resources and Northeast Natural Energy (NNE)–have joined the CG Hub, the world’s first commodities trading platform focused exclusively on certified natural gas and certified natural gas certificates. Seneca and Northeast now provide access to a combined 1+ billion cubic feet per day (Bcf/d) of certified natural gas to traders via the
Read More...It’s possible to track which institutional investors (big investors like BlackRock) are buying or selling shares in various companies by… Continue reading The post Who Bought and Who Sold the Most Shares of M-U Drillers in 1Q23 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for May 22-28 in the Marcellus/Utica fell again for a second week. There were only 8… Continue reading The post 8 New Shale Well Permits Issued for PA-OH-WV May 22-28 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Seneca Resources Company, the Marcellus/Utica drilling arm of utility giant National Fuel Gas Company (headquartered in Williamsville, NY), has contracted… Continue reading The post Seneca Resources Deploying Aurion to Track & Report GHG Emissions first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The weather has been fantastic for those of us living in the northeastern U.S. over the past few weeks. Clear… Continue reading The post SRBC Water Withdrawal Restrictions Hit 42 PA Oil & Gas Operators first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...In March, we warned you that a so-called environmental group flying under the name of Tioga County’s Pine Creek Headwaters… Continue reading The post Antis Try to Block Seneca’s Right to Drill in Tioga State Forest first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The PA Environment Digest Blog has been reviewing the reports filed by Dept. of Environmental Protection (DEP) workers again and… Continue reading The post Seneca Tardy in Responding to NOV for Tioga, PA Pad Spillage first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for May 1-7 in the Marcellus/Utica rose slightly from the prior week. There were 20 new… Continue reading The post 20 New Shale Well Permits Issued for PA-OH-WV May 1-7 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Investors in shale oil and gas companies suffered for years with little or no returns for the money they invested…. Continue reading The post How Did M-U Gas Drillers Spend Their 2022 Record Haul of Cash? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Most water used for fracking new shale wells in Pennsylvania comes from produced water (i.e. brine)–from other shale wells. Produced… Continue reading The post Seneca Well Site Accident in Elk County Spills 63K Gals. of Brine first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...National Fuel Gas Company (NFG), headquartered in Buffalo, NY, is the parent company for Marcellus/Utica driller Seneca Resources and the… Continue reading The post Seneca Resources Buys Southwestern Assets in Tioga County, PA first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for Feb. 5-12 in the Marcellus/Utica increased nicely last week. There were 40 new permits issued… Continue reading The post 40 New Shale Well Permits Issued for PA-OH-WV Feb 6-12 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for Jan. 16-22 in the Marcellus/Utica included only 7 new permits in Pennsylvania, 5 new permits… Continue reading The post 14 New Shale Well Permits Issued for PA-OH-WV Jan 16-22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for Jan. 9-15 in the Marcellus/Utica included 18 new permits in Pennsylvania, 5 new permits in… Continue reading The post 25 New Shale Well Permits Issued for PA-OH-WV Jan 9-15 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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