Marcellus

Oil, Natural Gas Industry Bracing for Possible Regime Change as Biden Accepts Democratic Nomination

Oil, Natural Gas Industry Bracing for Possible Regime Change as Biden Accepts Democratic Nomination

The oil and gas industry is bracing for a possible November victory by Joseph R. Biden Jr., who is leading in the polls and who officially accepted the Democratic nomination Thursday from Wilmington, DE. Although energy policy has taken a backseat to the Covid-19 pandemic and economic hardship facing Americans, climate change has nonetheless garnered…

August 21, 2020
Mariner East Again Contending with Drilling Fluid Spills in Pennsylvania

Mariner East Again Contending with Drilling Fluid Spills in Pennsylvania

The Pennsylvania Department of Environmental Protection (DEP) has responded to several reports of fluid discharges at construction sites for the Mariner East pipeline system in Chester County, including a confirmed spill at a state park. The agency said Sunoco Pipeline LP reported an inadvertent return on Monday in Marsh Creek State Park in Upper Uwchlan…

August 13, 2020
Oil, Natural Gas Production Slide to Continue Next Month in Key Lower 48 Unconventional Plays

Oil, Natural Gas Production Slide to Continue Next Month in Key Lower 48 Unconventional Plays

Deflating oil and natural gas production from seven of the most prolific U.S. onshore unconventional plays is expected to continue in August, according to the Energy Information Administration (EIA).  Total oil production from the Anadarko, Appalachian and Permian basins, and the Bakken, Eagle Ford, Haynesville and Niobrara formations is expected to decline to 7.49 million…

July 13, 2020
More Losses for Oil Patch as U.S. Rig Count Grinds Lower

More Losses for Oil Patch as U.S. Rig Count Grinds Lower

A continued slide in oil-directed activity helped drop the U.S. rig count another five units to 258 for the week ending Friday (July 10), according to the latest figures from Baker Hughes Co. (BKR). Four oil-directed rigs, along with one natural gas-directed, exited the United States during the period, putting the overall domestic tally 700…

July 10, 2020
Northeast Natural Gas Infrastructure Woes Continue As Dominion Scuttles ACP, Sells Transmission, Storage Assets for $9.7B

Northeast Natural Gas Infrastructure Woes Continue As Dominion Scuttles ACP, Sells Transmission, Storage Assets for $9.7B

Dominion Energy closed out the holiday weekend with two bombshell announcements, disclosing Sunday that it is selling its natural gas transmission and storage assets to an affiliate of Warren Buffett’s Berkshire Hathaway Inc. in a transaction valued at $9.7 billion. It also has decided, along with joint-venture partner Duke Energy, to cancel the 600-mile, 1.5…

July 6, 2020
Permian Activity Declines as U.S. Rig Count Down Two

Permian Activity Declines as U.S. Rig Count Down Two

Driven by declines in the Permian Basin, the U.S. rig count fell two units overall to drop to 263 for the short holiday week ending Thursday (July 2), according to the latest numbers from Baker Hughes Co. (BKR). Changes for the week included a three-rig decline in oil-directed drilling, partially offset by the addition of…

July 2, 2020
Supreme Court Seeking More Input on PennEast Battle with New Jersey

Supreme Court Seeking More Input on PennEast Battle with New Jersey

The U.S. Supreme Court on Monday asked the Solicitor General to weigh in on PennEast Pipeline Co. LLC’s battle to condemn state-owned land in New Jersey, an order that could potentially delay the high court’s decision to take the case.  PennEast petitioned the court earlier this year to review the U.S. Court of Appeals for…

June 29, 2020
Pennsylvania Regulators Failed to Protect Public from Natural Gas Development Problems, Says Grand Jury

Pennsylvania Regulators Failed to Protect Public from Natural Gas Development Problems, Says Grand Jury

Pennsylvania Attorney General (AG) Josh Shapiro on Thursday said a two-year grand jury investigation into unconventional natural gas development uncovered “systematic failure” by regulators to protect the public from the risk of industry operations. The grand jury report recommended new state laws to better protect water supplies and manage air pollution.  “This report is about…

June 25, 2020
Appalachia’s Exco Tapping Small-Scale Liquefaction to Monetize Stranded Production

Appalachia’s Exco Tapping Small-Scale Liquefaction to Monetize Stranded Production

Edge Gathering Virtual Pipelines 2 LLC has been selected to capture and liquefy natural gas from Exco Resources Inc.’s remote assets in Pennsylvania’s Marcellus Shale.

June 10, 2020

4Q2019 Earnings: Cabot Tests Show Winner in Upper Marcellus, Management Says

Cabot Oil & Gas Corp. on Friday said tests in the upper Marcellus Shale demonstrate the interval is a “distinct” target with results exceeding “the majority of assets” across Appalachia that’s likely to extend the life of its drilling inventory in Northeast Pennsylvania by over a decade.

February 21, 2020
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