Leadership: Toby Rice and EQT Plan to Make Money on $2.00 Gas

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Toby Rice is not your typical corporate honcho. He tackles challenges in new and different ways. He’s truly leading EQT and aims to make money on $2 gas. For years MDN has observed that Cabot Oil & Gas is one of the few Marcellus/Utica drilling companies that can “spin

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Shale Gas News – August 17, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about the Shell Cracker Plant, Northeast Supply Enhancement Project, Southwestern Energy and much more last week. The Shale Gas News has grown again; welcome Gem 104 as

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Shale Gas News – August 3, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about Nord Stream 2 Pipeline, Hurricane Barry, Mississippi LNG exports and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our

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Marathon Petroleum clears $1B in profit during Q2

Marathon Petroleum Corp.’s second-quarter profits were up almost 5% from a year ago, clearing $1 billion, according to The Massillon Independent. The profit was equal to $1.66 per diluted share, according to a company press release. Additionally, the company’s midstream revenue was up 4 percent from the same quarter last year to $878 million, while

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Shale Gas News – July 27, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about Range Resources, Lack of new NYC gas, West Virginia cracker plant and much more last week. The Shale Gas News has grown again; welcome Gem 104

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Gulfport’s Q2 production dips in Utica Shale compared to 2018

Although Gulfport Energy saw an overall production increase in the second quarter of 2019 when compared to the same quarter a year ago, its Utica Shale production dipped slightly, according to Kallanish Energy. The company as a whole reported second quarter 2019 net production of 1.36 billion cubic feet-equivalent per day (Bcfe/d), which was a

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Mahoning County gains rights to Utica Shale deposits

Under a new lease agreement with Ohio Valley Energy, Mahoning County will now have rights to any Utica Shale deposits underneath county-owned land in Canfield, according to The Youngstown Vindicator. The original lease agreement for the county land, signed in 1984, will expire this month. The new agreement with Ohio Valley Energy extends the lease

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Shale Gas News – July 6, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about the PA Budget, LNG exports, impact fee distribution and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH

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Pipeline Supporters Rally for Atlantic Coast Pipeline Against Enviro Elites

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Pipelines supporters from affected North Carolina communities have had enough of environmental activists and political elites standing in their way. Atlantic Coast Pipeline (ACP), a $7 billion, 600-mile pipeline that will stretch from West Virginia into North Carolina, is facing an existential threat by leftist environmentalists. The project is

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Natural Gas NOW Picks of the Week – July 6, 2019

Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Oreos Deal Anything But Black and White The manufacturer of Oreos says it’s cut a deal to buy

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Shale Gas News – June 29, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about impact fee distribution, EQT, PPT Cracker Plant and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!

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Williams forms $3.8B joint venture in Marcellus, Utica shale plays

Williams, an energy infrastructure company headquartered in Oklahoma, recently completed the formation of a $3.8 billion joint venture with the Canada Pension Plan Investment Board, according to Oil & Gas 360. The Canada Pension Plan Investment Board will trade $1.33 billion for a 35% ownership in Williams’ pipeline systems, including the Ohio Valley Midstream system

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Rice, Ascent receive horizontal well permits for Utica Shale

Rice Drilling LLC and Ascent Resources Utica LLC received a combined 11 new permits for horizontal wells in the Utica shale during the week ended June 8, according to the latest data from the Ohio Department of Natural Resources. Rice Drilling LLC was awarded six permits to drill in Belmont County. Ascent Resources Utica LLC

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Shale Gas News – June 8, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about LNG exports, NJ pipeline denial, natural gas demand and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH

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Oil and gas production dips in Ohio’s Utica Shale during first quarter

During the first quarter of 2019, both oil and natural gas production in Ohio’s Utica Shale saw decreases from the fourth quarter of 2018, according to the Farm and Dairy. The Ohio Department of Natural Resources Division of Oil and Gas Resources Management reported 5,073,536 barrels of oil and 609,452,391 Mcf (609 billion cubic feet)

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