American consumers are reaping the benefits of soaring natural gas production, pocketing over $1.1 trillion in savings over the past 10 years, according to a new report released by Shale Crescent USA and the Ohio Oil & Gas Energy Education Program. The analysis shows growth in domestic natural gas production resulted in more than $4,000 in savings per
Read More...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 world’s top oil producer, LNG exports, Cunningham Energy and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our
Read More...After losing $48.8 million, or 31 cents per diluted share, during the third quarter, Gulfport Energy announced plans to sell some of its interests in the Utica Shale, according to the Times Reporter. The company made the announcement before its conference call with investors to discuss third-quarter earnings last Friday. Gulfport said proceeds from its
Read More...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 our Democrats spark a fracking boom, Nord Stream 2, natural gas exports and much more last week. The Shale Gas News has grown again; welcome Gem
Read More...EQT Corp. reduced its capital budget by $115 million for 2019 and plans to trim $525 million from its budget in 2020, according to the Pittsburgh Business Times. In its third quarter report, the first under the guidance of its new management team led by Toby Rice, EQT said it spent $475 million on capital,
Read More...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 our electricity future, public land drilling, Trump’s speech at Shale Insight and much more last week. The Shale Gas News has grown again; welcome Gem 104
Read More...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 Mountain Valley Pipeline, Gulf of Mexico, Russia and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) ExxonMobil is looking to do a cracker in Western Pennsylvania or environs and it could be in the same vicinity as Shell’s. Pennsylvania is still rising! Leave it to ace reporter Paul Gough from the Pittsburgh Business Times to unearth some earth-shattering news–that ExxonMobil is actively looking at locations in Beaver
Read More...Carroll, Columbiana, Harrison, Belmont, Guernsey, Jefferson, Monroe and Noble counties in Ohio received $141.9 million in real estate property taxes from drilling from 2010-2017, according to the report released Wednesday by the Ohio Oil and Gas Association and Energy in Depth. Kallanish Energy Reported the top three counties benefiting from tax collections during the same period
Read More...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 property taxes, National Grid, Wolf’s climate plan and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!
Read More...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. Disingenuous Daylin Leach Proposes PA Fracking Ban I’ve met Senator Pennsylvania Senator Daylin Leach. Indeed, I have testified
Read More...During the second quarter of 2019, natural gas and oil production from Ohio’s horizontal wells saw increases, according to data released by the Ohio Department of Natural Resources. Horizontal natural gas wells produced over 614 billion cubic feet from the beginning of March through the end of June — an increase of .78% from the first
Read More...The Energy Information Administration projects natural gas production in the seven most productive basins and plays in the U.S. to rise 469 million cubic feet per day (Mmcf/d) from September to October, according to Kallanish Energy. Gas production will increase to more than 82.36 billion cubic feet per day (Bcf/d), up from 81.89 Bcf/d in
Read More...Four permits for drilling in the Utica-Point Pleasant shale were issued to Ascent Resources Utica by the Ohio Department of Natural Resources in the week ended Sept. 14, according to The Youngstown Business Journal. Ascent Resources received two permits for drilling in Belmont County and two for Harrison County. The final permit issued in the
Read More...Energy industry experts who comprise the Potential Gas Committee announced Wednesday the volume of producible natural gas in the U.S. has jumped roughly 20% since their last assessment two years ago. The increase of 557 trillion cubic feet (Tcf) reported by the Pgc is the highest assessment in its 54-year history. The organization estimates total
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