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Jeremiah Shelor

Jeremiah Shelor joined NGI in 2015 after covering business and politics for The Exponent Telegram in Clarksburg, WV. He holds a Master of Fine Arts in Literary Nonfiction from West Virginia University and a Bachelor of Arts in English from Virginia Tech.

Southwestern Idles Last Two Fayetteville Rigs Through End of 2015

Southwestern Energy Co. has idled its Fayetteville Shale drilling program for the remainder of 2015.

December 21, 2015

Fed’s Interest Rate Hike Hurts Oil/Gas, Moody’s Says

The Federal Reserve’s decision to raise interest rates will increase borrowing costs and lead to greater credit risk for lower-rated companies, Moody’s Investors Service said in a report.

December 18, 2015

Halcon to Take ‘Tempered Approach’ to Capex in 2016

Halcon Resources Corp. plans to “take a more tempered approach” to its capital expenditures (capex) in 2016, setting a drilling and completion budget of $180-210 million, the company said Friday.

December 18, 2015

Congress Agrees to End Oil Export Ban, But Analysts Question Near-Term Uplift

The decades-old ban on U.S. oil exports may be coming to an end.

December 16, 2015

Analysts See Increasing Odds of End to Crude Export Ban

An end to the nation’s 40-year-old ban on crude oil exports appears to be in sight as the issue — a top priority for Republicans and industry advocates — has become a bargaining chip in ongoing budget negotiations in Congress.

December 15, 2015

Paris Climate Pact ‘Unlikely to Catalyze Changes’ to Energy Use, Analysts Say

After two weeks of negotiations in Paris, representatives of nearly 200 nations, including the United States, India and China, entered into an agreement to reduce global carbon emissions.

December 14, 2015

EPA Chief Cites ‘Cleaner’ NatGas Generation, Says Coal ‘No Longer Marketable’

Speaking from Paris, where officials were wrapping up negotiations on an international climate pact this week, Environmental Protection Agency (EPA) Administrator Gina McCarthy offered her take on the recent shift from coal to natural gas for U.S. electric generation.

December 11, 2015

More Applications, Intervenors Increase FERC Workload, Commissioner Says

With a recent increase in interstate pipeline applications and an uptick in opposition, it will be a challenge for FERC to continue certificating those projects as quickly as it has in the past, said Commissioner Tony Clark.

December 10, 2015

PDC Energy to Focus 2016 Capital on Wattenberg

PDC Energy Inc. will continue its focus on the Wattenberg formation heading into next year, devoting most of its 2016 capital budget to exploration and production (E&P) activity in the Colorado play, the company said Monday.

December 9, 2015

Marcellus Growth Finally Leveling Off Amid Steep Drop in Rig Count, Says EIA

Total monthly natural gas production from the Marcellus Shale is projected to decline slightly year/year in December and January for the first time since the play emerged as a major gas producing region, according to data from the Energy Information Administration’s (EIA) latest Drilling Productivity Report (DPR).

December 9, 2015