Shale Gas News – March 30, 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, offshore drilling, the Shell ethane pipeline and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!

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Ohio, Pa., W.Va. to supply nearly half of US natural gas by 2040

Natural gas production from the Marcellus and Utica shale formations will increase exponentially over the next two decades, according to Farm and Dairy. In fact, the production jumps will be enough to supply nearly half of the nation’s natural gas by 2040. According to an IHS Market Study released March 19 at the World Petrochemical Conference

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ODNR issues Utica permits to Chesapeake, Ascent

The Ohio Department of Natural Resources granted six new drilling permits for horizontal wells in Ohio’s Utica shale during the week ended March 16, according to The Youngstown Business Journal. Chesapeake Exploration LLC received three of the permits, while the other three were issued to Ascent Resources LLC. Both companies plan to drill wells in

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Shale Gas News – March 23, 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 PennEast pipeline, ConEd moratorium, Connecticut solar and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!

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CPPIB forms joint venture in Marcellus, Utica shales with Williams

The Canada Pension Plan Investment Board is forming a $3.8 billion joint venture with U.S. energy firm Williams Cos Inc, according to NASDAQ. The new entity will hold pipeline assets in the Marcellus and Utica shale plays. CPPIB, Canada’s largest pension fund, will invest about $1.34 billion for a 35 percent stake in the venture,

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Eastern Ohio to Receive GE’s New Most Advanced, Gas Turbine Ever

Tom ShepstoneShepstone Management Company, Inc. GE will provide its record-setting HA gas turbine, the company’s most advanced and efficient technology ever, for a new energy project in Eastern Ohio. Fortress Transportation and Infrastructure Investors LLC is developing a project known as the  Long Ridge Energy Terminal in Eastern Ohio. It will, according to the company,

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Utica Shale production reaches record highs in 2018

Oil and gas production in Ohio’s Utica Shale continues to climb as its 2,141 producing wells outpace old records, according to fourth-quarter results released by the Ohio Department of Natural Resources. Natural gas production increased 31.9 percent when compared with the same quarter in 2017 as drillers across the state yielded 663.5 billion cubic feet

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The Shale Revolution Rolls Over Its Skeptics with New Natural Gas Record

Tom ShepstoneShepstone Management Company, Inc. The shale revolution is just destroying its enemies, with record production of natural gas, growing exports and long desired energy security for the United States. The Energy Information Administration (EIA) is out with stunning statistics on the impacts of the shale revolution. The data is simply overwhelming; the shale revolution

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Shale Gas News – March 16, 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 demand, new compressor stations, PTT cracker plant and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH

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Equitrans Midstream’s unit to buy pipeline assets in Marcellus, Utica shale

Equitrans Midstream Corp’s unit signed a deal worth $1.03 billion yesterday to take control of two pipelines that connect the Marcellus and Utica shales, according to Reuters. EQM Midstream Partners LP will purchase a 60 percent stake in Eureka Midstream Holdings LLC and all of Hornet Midstream Holdings LLC from a fund managed by Morgan Stanley.

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Eclipse, Blue Ridge form Montage Resources Corp. in merger

Eclipse and Blue Ridge Mountain Resources recently announced they’ve finally completed the merger they announced last August to form a new company called Montage Resources Corp., according to Kallanish Energy. Montage Resources common stock begins trading on the New York Stock Exchange earlier this week under the ticker symbol “MR”, giving effect to the 15-to-1

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