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 Marcellus Shale

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While the news was greeted as a positive indicator of the overall health of the shale gas business in Pennsylvania, the president of the Marcellus Shale Coalition cautioned that now is not the time for Gov. Tom Wolf to push for a severance tax, which the governor has done for the last several years.
About half the production, 5.09 million barrels per day, came from shale formations, but most of that production came from shales in North Dakota, Montana, Texas and New Mexico. The Marcellus Shale contributed about 46,000 barrels per day and the Utica shale contributed about 52,500 barrels per day.

UNIVERSITY PARK, Pa. -- It's been a decade since the start of the Marcellus Shale gas boom in Pennsylvania, and today more than 10,000 unconventional gas wells dot the state's hills and valleys. The industry's rapid development created economic opportunities for many, but also brought environmental ...
Democratic Gov. Tom Wolf and some state legislators from both parties have pushed, unsuccessfully, to implement a severance tax for years. In a statement, Marcellus Shale Coalition president David Spigelmyer said the report "demonstrates the benefits and effectiveness" of the impact fee, which he said ...
The Rust Belt is home to the Marcellus Shale, the largest natural gas field in the United States. It extends from New York to Pennsylvania, West Virginia and Ohio, and includes smaller areas of Maryland, Kentucky, Tennessee, and Virginia. Another significant reservoir of natural gas, Utica shale, stretches ...
Kinder Morgan, a Houston-based pipeline company, had proposed a connection to bring Marcellus Shale natural gas to customers in Massachusetts. That planned pipeline was scuttled in 2016, and opposition from U.S. Sen. Elizabeth Warren, D-Mass., certainly didn't help. WARREN TO CEO: 'You should ...

Yet, the Delaware River Basin Commission, guardian of a 13,539-square-mile watershed that covers a large part of the energy-rich Marcellus Shale, has called for a permanent ban on fracking. But placing a swath of Pennsylvania off-limits to natural gas production - regardless of the economic costs and ...
Plus, average lateral length in the Marcellus Shale is expected to increase from 8,000 feet to 12,000 feet. EQT also expects to see improved returns in the Marcellus from the Rice acquisition. Its after-tax IRR (internal rate of return) is expected to increase from 47% in an eight-well pad, 8,000-feet lateral, ...
Marcellus Shale Coalition president David Spigelmyer praised Wolf and DEP Secretary Patrick McDonnell. "On behalf of our members, we have worked with the administration and General Assembly to elevate the impact that permit delays and inconsistencies within the department have had on ...
PARKERSBURG -- After two years of work, an exhibit explaining Marcellus Shale drilling opened to the public Thursday at the Parkersburg Oil and Gas Museum, 119 Third St. Paul Hoblitzell, president of the Oil, Gas and Industrial Historical Association Inc., said the first-floor exhibit, sponsored by Antero ...
WASHINGTON -- Natural gas supply and demand -- increased supply from the Marcellus and Utica shales and flat demand -- will trigger lower natural gas prices over the next 24 months. The U.S. Energy Information Administration forecasts lower prices in 2018 and 2019 because of increased natural ...
investors should know that for operations in the natural gas-rich Marcellus Shale play, Range Resources has decided to allocate roughly 80% of its 2018 budget. For supporting the spending plan, the firm has further strengthened its hedge position. At an average price of $3.09, the company's 70% of ...
There are about 30 Jewish camps located in the Marcellus Shale area covering New York and Pennsylvania--four of those camps signed leases that would open up fracking operations at the camps. Hess, the company leasing the property to begin drilling at the summer camps, claims the lease terms ...
ALARM has developed a protocol for measuring water quality where Marcellus Shale gas is extracted, according to Julie Vastine, director of ALARM, which is headquartered at Dickinson College, Carlisle. Participants will be provided with equipment and trained on stream monitoring techniques in order to ...
Residents of western Lawrence County who were pondering on social media Saturday night as to what was causing an orangish, reddish glow in the sky can take solace in the fact it was gas flaring from Marcellus Shale gas wells. Tom Havranek, operations manager for Hillcorp Energy Co., said in a phone ...
The approximately 120-mile pipeline route begins in the Marcellus Shale production area near Dallas, Pennsylvania, and connects with the existing underground Transcontinental Pipeline near Pennington, New Jersey. The route includes 24 Municipalities in Pennsylvania and six in New Jersey.
Democrat Austin Davis (left) is running against Republican Fawn Walker Montgomery in the special election to replace former state Rep. Marc Gergely in Pennsylania's 35th House District. Courtesy of Friends for Austin Davis and Committee to Elect V. Fawn Walker ...

Industry groups such as the Marcellus Shale Coalition have said water is protected from any fracking contamination by multiple layers of steel and concrete at well sites, and that the proposed regulations deny Pennsylvania citizens the right to benefit economically from their own property rights.
Anti-pipeline activists on Saturday vowed to continue to fight the PennEast Pipeline, a $1.2 billion project to deliver Marcellus Shale natural gas from Pennsylvania to New Jersey that received critical federal approval Friday. Environmental groups and residents along the 120-mile pipeline route said they ...
Appalachia region expected to lead nation in natural gas production through February. Dillon Carr | Tuesday, Jan. 16, 2018, 4:33 p.m.. A drilling rig is set up to tap gas from a Marcellus Shale gas field in the Susquehanna County township of Springville, Pa. (AP Photo/Alex Brandon, File) ...
Gerard: Northeast could lower energy costs with Marcellus Shale · 2017: The Year shale Went Global · Marcellus Shale development doesn't affect mortality rates · Eclipse Resources acquires Flat Castle acreage in Utica · Chevron plans to spend $3.3 billion in Permian next year · Growing Arkansas frack ...
As the residents of the Northeast shiver through this winter's cold weather and New Englanders pay some of the highest electrical rates in the U.S., Jack Gerard, president and CEO of the American petroleum Institute, sees a shale gas solution nearby. Speaking last week in Washington, D.C., at the ...
Financial discipline, a proposed tax on gas in the Marcellus Shale formation, union reform and worker's compensation are among the key issues that Pennsylvania job creators and taxpayers should keep an eye on as state lawmakers return to work this month. David N. Taylor, president and chief executive ...
Marcellus Shale gas production increased 1.8 percent from October to November, according to figures from the Energy Information Administration. The 18.5 billion cubic feet produced per day from the Marcellus Shale in November represents 38 percent of the nation's entire dray shale gas production, which ...
Commissioner Terry Tomassetti suggested an $80,000 allocation from the county's Marcellus Shale revenue account to support the county's farmland preservation program in 2018. At the end of 2017, Tomassetti said that account had $126,378, and in 2018, it will probably receive $60,000 to $80,000 in ...
Out of its planned drilling and competition expenditure for 2018, the company intends to spend $335 million to $377 million in Marcellus Shale and $180-$203 million in Utica shale. Thanks to the planned investment in the projects based in these high return regions, the company will be able to produce ...
Cabot Oil boosts dividend by 20 percent, thanks to Marcellus Shale operations. Houston (Reuters) -- Cabot Oil & Gas Corp said it would increase its quarterly dividend by 20 percent, part of the shale producer's push to focus less on output and more on shareholder returns. Thank you for your interest ...
Cabot Oil & Gas Corp. (nyse: COG) said Jan. 3 it would increase its quarterly dividend by 20%, part of the shale producer's push to focus less on output and more on shareholder returns. The Houston-based company raised its dividend to 6 cents, payable on Feb. 7 to shareholders of record as of Jan. 24.
The 350-mile-long pipeline will carry propane, butane and ethane from the Marcellus Shale natural gas formation in Western Pennsylvania to an export terminal near Philadelphia. Sunoco has said construction on the 20-inch pipeline is scheduled to be complete in the second quarter of 2018, with a ...
Ultra petroleum Corp. (Nasdaq: UPL) will exit its 73,000-net-acre Marcellus Shale position after it signed and closed a deal to sell the nonoperated assets to an affiliate of Alta Resources LLC. The $115 million deal includes the sale of gathering system assets jointly owned by Alta, which also operates the ...
Natural gas transport on interstate pipelines is down an estimated ~20% in Texas, ~22% in Oklahoma, and 5% in Pennsylvania's Marcellus Shale, according to Genscape. Continental Resources (nyse:CLR), North Dakota's second largest producer, declines to detail the effects of cold weather on its natural ...
If passed, the regulations would prohibit natural gas exploration using this method of extraction, from anywhere in the drainage area of the Delaware River. Since this only has application to the region where the gas-soaked Marcellus Shale exists deep underground, and that New York state has already ...
While power plant builders might see their revenues eaten away by lower wholesale electricity prices, they're making up the difference through cheap fuel, especially when they can site plants close to Marcellus Shale and save on transportation costs. According to EIA data, Marcellus Shale production ...
Ultra petroleum Corp. has sold off its Marcellus Shale acreage for $115 million in cash to Alta Marcellus Development LLC. Ultra had a 50 percent working interest in 72,000 acres of Marcellus Shale acreage in Centre, Lycoming and Clinton counties but did not operate the acreage. The Ultra (Nasdaq: ...
But since Chesapeake Energy Co. drilled a well to capture gas from the rich Marcellus Shale formation deep under that property, the Seligmans, who live in Chester County, have seen their gas income shrink dramatically -- and not just because production declined or gas prices fell. "I just feel they cheated ...
Marcellus Shale Coalition President David Spigelmyer said there's been a nice uptick in rig counts, although it's unlikely that Pennsylvania will ever see the 100-plus rigs drilling as it did in the heyday of several years ago. But that's not because there aren't opportunities, he said: It's more about the fact that ...
The state House has, in fits and starts, worked its way through consideration of dozens of amendments to the Marcellus Shale natural gas tax bill. Unfortunately for supporters, there are still hundreds more on deck. Last week, they tried parliamentary maneuvers to try to force the House to resume debate on ...
Law360, Philadelphia (December 15, 2017, 3:07 PM EST) -- Pittsburgh-based CNX Resources Corp., which until recently was the gas division of Consol Energy Inc., will pay $305 million in cash to acquire Noble Energy's 50 percent stake in Marcellus Shale player Cone Gathering LLC, the companies announced Friday.
Mortality rates for the six Pennsylvania counties with the greatest amount natural gas development in the Marcellus Shale play have declined or remained stable, according to a new report commissioned by Energy in Depth (EID). The report analyzes Pennsylvania Department of Health data for the state as ...
WILLIAMSPORT, Pennsylvania -- Mortality rates in the six Pennsylvania counties with the most Marcellus Shale development have declined or remained stable since shale production began in the region, according to a new Energy In Depth-commissioned report. The findings directly refute accusations ...
A study released in November 2017 from researchers at Penn State University concludes methane leakage emissions from natural gas wells and infrastructure in the Marcellus Shale are just 0.4 percent of total production, which is notably low. The researchers gathered samples over a two-year period from ...
That experience, plus a year at the Pennsylvania public utilities Commission and a few years as director of legislative affairs at lobbying firm UGI positioned Harris well when the Marcellus Shale play was first tapped in the early 2000s. She's now a Principal at Post & Schell, where she's part of the firm's ...
ECA's management team will continue to develop the assets in the newly created Greylock Energy, which is backed by ArcLight capital Partners and led by ECA's former CEO. (Source: Hart Energy). In an almost effortless pirouette, Energy Corp. of America's (ECA) management and staff are now Greylock ...
The shale gas boom in Pennsylvania and other Appalachian states has been the chief driver of growth in U.S. natural gas production since 2012, the U.S. Energy Information Administration said Monday. According to the EIA's Drilling Productivity Report, natural gas production in the Appalachia region ...
That's because markets are responding less to the weather than to the healthy supply of natural gas coming out of the Marcellus Shale and the Permian Basin. Another round of bitter cold is expected following the "bombogenesis" that is taking aim at the New York region. In A&D news, Ultra petroleum will ...
But Mariner East 2, the cross-state natural gas liquids pipeline, is expected eventually to create jobs and provide a lucrative link to world markets for the rich reserves of Pennsylvania's Marcellus Shale. Sunoco says some gas will be sold domestically as propane. But the bulk of the gas will be shipped to ...
In this Oct. 14, 2011, file photo, a drilling rig is set up to tap gas from the Marcellus Shale gas field, near a barn in the Susquehanna County township of ... But since Chesapeake Energy Co. drilled a well to capture gas from the rich Marcellus Shale formation deep under that property, the Seligmans' gas ...
While power plant builders might see their revenues eaten away by lower wholesale electricity prices, they're making up the difference through cheap fuel, especially when they can site plants close to Marcellus Shale and save on transportation costs. According to EIA data, Marcellus Shale production ...
AP Photo/Dominion Resources. This photo shows Dominion Resources Cove Point terminal in Maryland. It has completed its conversion from a gas import facility to an export terminal to ship Marcellus Shale gas to Asia. In December, it received its first natural gas shipment, which will need to be liquefied ...
In this Oct. 14, 2011, file photo, a drilling rig is set up to tap gas from the Marcellus Shale gas field, near a barn in the Susquehanna County township of ... But since Chesapeake Energy Co. drilled a well to capture gas from the rich Marcellus Shale formation deep under that property, the Seligmans' gas ...


 

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