Drillers (exploration and production companies, or E&Ps) were thrilled with record-high earnings and cash flow in the second quarter of… Continue reading The post How Did M-U Drillers Spend All Their Extra Cash in 2Q22? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...After several weeks of anemic permit numbers for Pennsylvania, last week PA came roaring back by issuing 30 permits to… Continue reading The post 45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Wow! What a difference two years can make. At the dawn of the pandemic, the share price for publicly traded… Continue reading The post Marcellus/Utica Drillers Reimburse Stockholders as Cash Piles Up first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Last week, for June 20-26, the number of new permits issued to drill in the Marcellus/Utica decreased just a bit… Continue reading The post 29 New Shale Well Permits Issued for PA-OH-WV Jun 20-26 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The oil and gas industry historically has been subject to wide swings in profits and losses. Some years are up,… Continue reading The post 4 Marcellus/Utica Drillers Earn Over $1 Billion in 1Q22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Women make up a small but growing part of the natural gas industry in the northeastern Pennsylvania Marcellus. Estimates are… Continue reading The post Women Excel in Marcellus Shale Jobs in NEPA first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The board of directors at Southwestern Energy Company voted to authorize the company to buy back $1 billion of its… Continue reading The post Southwestern Buying Back $1 Billion of Stock Shares by End 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Each quarter NGI (Natural Gas Intelligence) runs the numbers and publishes a list of the 25 top natural gas marketers… Continue reading The post Natural Gas Marketed in North America Grows 1% in 1Q22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Southwestern Energy yesterday announced a multi-year, certified Responsibly Sourced Gas (RSG) sales agreement to the North American subsidiary of Uniper,… Continue reading The post Southwestern Signs Deal to Sell “Responsible” NatGas to German Co. first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...All three M-U states received permits to drill new shale wells last week. Pennsylvania received 22 new permits. Ohio received 2 new permits. And West Virginia received 8 new permits.This post appeared first on Marcellus Drilling News.
Read More...It was exactly one year ago that the Pennsylvania Supreme Court ruled in THE most consequential lawsuit for Marcellus Shale drilling we’ve seen, a case called Briggs v Southwestern Energy (see HUGE NEWS: PA Supreme Court Keeps ‘Rule of Capture’ for Fracking). Now that the dust has settled, it’s a good time to take a
Read More...Last week Pennsylvania issued 11 new shale well drilling permits, all but one of them in the northeastern (dry gas) part of the state. Ohio issued one new permit, and West Virginia issued 2 new shale well permits.This post appeared first on Marcellus Drilling News.
Read More...After a shareholder vote scheduled for next Thursday, Nov. 12, Montage Resources will be no more. The company is selling itself to Southwestern Energy in an all-stock deal worth $857 million (see Stop Press! Southwestern Energy Buying Montage Resources for $857M). Yesterday Montage issued what will be its very last quarterly update. What does the
Read More...Last week Pennsylvania issued 16 new shale well drilling permits, and West Virginia issued 7 new shale well permits. Ohio issued no new shale permits last week.This post appeared first on Marcellus Drilling News.
Read More...Southwestern Energy Company released its third-quarter 2020 update last Friday. The company previously announced it is buying out and merging in Marcellus/Utica driller Montage Resources. During the 3Q conference call, CEO Bill Way said the company expects to close on the deal immediately after Montage Resources shareholders vote on the deal November 12. Also from
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