Yesterday Cabot Oil & Gas issued its fourth-quarter and full-year 2020 update. Cabot continues to be one of the few drillers that consistently makes a profit quarter after quarter, year after year–even during a downturns like what happened in 2020. Although down from 2019, in 2020 Cabot made just over $200 million in net income.
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...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … [Editor’s Note: Down to Earth is a company; a contractor benefitting from the shale revolution and helping it along with its supply chain services.] This month’s contractor spotlight shines on Down to Earth Equipment Rentals. We started working with them almost as soon as we arrived in
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...Tom ShepstoneShepstone Management Company, Inc. … … An opinion piece in LehighValleyLive.com illustrates the shallowness of so much we see written about fracking by folks who don’t research. An opinion piece in LehighValleyLive.com last week, written by Dan Gordon, a Washington, D.C. writer on the subjects of “affordable housing, urban planning and industrial supply sectors”
Read More...Last week Pennsylvania issued 25 new shale well drilling permits in both northeast and southwest PA, although most of the permits for SWPA. Ohio issued 4 new shale well permits, all of them to the same company (Encino Energy) and the same well pad (in Harrison County). West Virginia issued 6 new shale well permits,
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … Marcellus Shale impact fees help homebuyers with much needed upgrades and repairs, assuring they will be able to keep roofs over their heads. In 2020, the Commonwealth made nearly $46 million in Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) funding available for housing programs. The PHARE fund was
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … [Editor’s Note: Tall Pines Players Club in Friendsville creates a Forest of Lights for the Christmas season with a little help from Cabot ticket purchases.] The Tall Pines Forest of Lights is back by popular demand! After becoming one of the leading holiday attractions in Susquehanna
Read More...Last week Pennsylvania issued 12 new shale well drilling permits with a mix of permits issued in both the southwest (wet gas) and northeast (dry gas) regions of the state. Ohio issued 7 new permits, all of them except one in the same county (Jefferson). West Virginia was a goose egg–no new permits issued last
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...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … Opportunities abound in the shale region, including the providing of such critically important services as portable restrooms in the field. The majority of activities involved with the natural gas industry occur outdoors. This means that access to modern conveniences for those who work the rigs and lay
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...Dan Dinges, CEO of Cabot Oil & Gas, said last week: “2020 has proven to be the most challenging year for natural gas prices in the last 25 years, resulting from a multi-year trend of overcapitalization of both oil and natural gas assets across our industry.” Indeed. The company released its third-quarter 2020 update on
Read More...Rick HidukManaging Editor of EndlessMtnLifestyles.com … .. Natural gas benefits to shale region communities all across Pennsylvania are simply huge. That was the message heard at Think About Energy. Improvements in education, quality of life, and community resilience were common threads in a virtual Think About Energy discussion facilitated by Cabot external affairs director George Stark
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … Resource Environmental Management is a service company, yet another that has achieved much success serving the natural gas industry. When Dawn and Jerry Washo decided to return to Pennsylvania from St. Louis, Missouri to raise their family, Montrose in Susquehanna County appealed to them. The small-town
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