By any measure, it’s obvious to see that shale *drilling* activity in northcentral Pennsylvania counties–including Bradford, Clinton, Lycoming, Potter, Sullivan, and Tioga–is on the “bust” side over the past five-plus years. 2016 was the low point. However, is there any hope of seeing another boom in shale drilling in the region?This post appeared first on
Read More...EQT announced yesterday it has closed on a deal to sell “certain non-strategic assets” to Diversified Gas & Oil (DGO) for $125 million, plus another potential $20 million later on. MDN first told you about this deal on May 13 (see Diversified Buys 900 EQT Wells (67 Shale Wells) for $125M). This is the first
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. click for larger version In March the Federal Energy Regulatory Commission (FERC) approved a request by National Fuel Gas Company subsidiary Empire Pipeline to build two new compressor stations along the Empire
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. MDN recently received a hot tip from a reader that says Shell (i.e. SWEPI) may have recently sold its Tioga County, PA assets in northcentral PA. Yesterday, Pin Oak Energy issued a
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