Figures

Producers Continue Pulling More Gas Out, EIA Finds

Gross withdrawals of natural gas increased 1.1% (0.72 Bcf/d) in the Lower 48 states during September, according to the latest government figures. All areas except for the federal offshore Gulf of Mexico (GOM) produced more to make for the seventh monthly gain in a row, according to the Energy Information Administration (EIA).

November 30, 2011

Marcellus, Utica Drilling Heated Up in October

Marcellus Shale drilling rebounded in October, according to recently released figures.

November 14, 2011

Marcellus and Utica Drilling Heated Up in October

Marcellus Shale drilling rebounded in October, according to recently released figures.

November 10, 2011

North American Onshore Well Services Catching Up With Demand, Schlumberger Says

Pressure pumping services in North American unconventional basins appear to be on the cusp of oversupply, Schlumberger Ltd. executives said Friday.

October 24, 2011

Weak Technicals, Hefty Rig Count Pummel Futures; November Tumbles

November natural gas retreated Friday as traders saw the market in an unstable technical environment and rig count figures showed another double-digit increase in gas drilling. At the close November had careened lower by 11.7 cents to $3.481 and December had fallen 9.6 cents to $3.820. November crude oil rose 39 cents to $82.98/bbl.

October 10, 2011

Pennsylvania DEP Reorganizes, Elevates Oil and Gas Bureau

The Pennsylvania Department of Environmental Protection (DEP) said Tuesday it is reorganizing, a move designed to assist regulators with a burgeoning workload from the state’s booming oil and gas industry in the Marcellus Shale.

September 21, 2011

Subpar Injection No Help for Bulls; October Eases

October futures eased fractionally in active trading Thursday as the government released figures showing a lower-than-expected increase in inventories. The ensuing price rise, however, was seized upon by eager sellers and prices retreated.

September 2, 2011

Think Tank Challenges Marcellus Economic Impact

A Pennsylvania think tank believes a recent study inflates the economic importance of the Marcellus Shale.

July 22, 2011

Pennsylvania Committee Changes Marcellus Well Impact Fee

Hoping to more accurately address the cost of development on local communities, a Pennsylvania Senate committee made major changes to a proposed impact fee on Marcellus Shale wells on Tuesday.

June 15, 2011

Chesapeake Faces Maryland Lawsuit Over Marcellus Blowout

Maryland intends to sue Chesapeake Energy Corp. over an April 19 Marcellus Shale well blowout and the release of thousands of gallons of hydraulic fracturing (hydrofracking) fluid into a tributary of the Susquehanna River, according to the state’s attorney general, Douglas F. Gansler.

May 4, 2011