Here’s the sad end of a sad chapter in Ohio’s history–the conclusion to the largest bribery scandal in the state’s history. We’re referring to Ohio House Bill (HB) 6, a law granting billions (plural) of dollars to FirstEnergy to prop up the company’s economically failing nuclear power plants. FirstEnergy bribed state legislators to pass, and…
Read More...The weekly rig count for the U.S. has continued to be anemic over the past two months. Baker Hughes, with its venerable rig count, reported last Friday that overall, the U.S. rig count continued to bleed rigs–down another five rigs to 682 in the week ending June 23. That’s the lowest count since April 2022…
Read More...EOG Resources CEO Lloyd “Billy” Helms spoke at the J.P. Morgan Energy, Power and Renewables Conference in New York City yesterday. Helms had some very interesting comments on his company’s strategy moving forward–a strategy of keeping drilling activity in the Permian about even (not expanding), but increasing drilling activity in other plays, including the Ohio…
Read More...The weekly rig count in the U.S., particularly in gas-focused plays, continues to be of concern. That is, it keeps decreasing and then not recovering the decrease. Last Thursday, Baker Hughes said the U.S. lost another eight rigs total (oil and gas)–the seventh week in a row the rig count has decreased. Two weeks ago,
Read More...According to Baker Hughes, which has tracked rig counts since 1944, drillers cut the rig count once again last week (overall by a single rig), the sixth week in a row when the rig count has gone down. This is the first time the U.S. oil & gas rig count has gone down six weeks
Read More...Researchers with Ohio Northern University recently published a study that finds that fracking for Utica Shale sometimes (“episodically”) reduces small Eastern Ohio River basin stream levels. The fluctuations in those stream levels “could” (but not necessarily do) negatively impact aquatic life (ecosystems) in those areas. The situation should, according to the researchers, be confirmed by
Read More...Last week shale drillers could, for the first time, begin to apply for permits to drill under (not on top… Continue reading The post 8 Cos. Bid to Drill Under OH State Land, Applications Anonymous first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Yesterday the virtual ribbon was cut, and drillers could, for the first time, begin to apply for permits to drill… Continue reading The post Ohio State Lands Now Open for O&G Leasing – Virtual Ribbon-Cutting first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...We’re about tell you about bitcoin mining and blockchains, a topic we know VERY little about. We feel like we’ve… Continue reading The post Individuals Can Now Mine Bitcoin via Compass Ohio 2 Facility first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...According to analysts at Evercore ISI, natural gas (and oil) permits to drill new shale wells dropped dramatically in April… Continue reading The post New Permits to Drill in M-U, Other Gas Plays, Saw Big Drop in April first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Every so often, the lying left will poke its head up and make the wild claim that the shale industry… Continue reading The post O&G Contributed $143B, 847K Jobs in PA, OH, WV Economies in 2021 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...JobsOhio, a private, nonprofit corporation that works on behalf of the state to drive job creation and new capital investment… Continue reading The post Cleveland U Study: Ohio Utica Shale Investment Tops $100 Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The news lit up Friday afternoon with the latest rig count by Baker Hughes Co. (BKR). We always caution that… Continue reading The post U.S. Natural Gas Drilling Rig Count Craters, Down 10% in One Week first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Ascent Resources, originally founded as American Energy Partners by gas legend Aubrey McClendon, is a privately-held company that focuses 100%… Continue reading The post Ascent Resources 1Q – Big Swing to Profitability, Drilled 19 Wells first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...A group of 17 states, including Ohio and West Virginia, filed a motion yesterday with the Federal Energy Regulatory Commission… Continue reading The post States Ask FERC to Block BlackRock from Imposing ESG on Utilities first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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