Marcellus

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

Oil Gains, Natural Gas Falls in Latest Rig Data as Overall U.S. Count Steady

The overall U.S. rig count went unchanged at 799 during the week ended Friday, as gains in the oil patch offset a pullback in natural gas drilling, according to data from Baker Hughes Co. (BKR).

December 13, 2019

Marcellus, Utica Natural Gas Assessments Nearly Doubled by USGS

The U.S. Geological Survey (USGS) on Thursday sharply raised its assessments for the Marcellus and Utica shale formations, estimating they hold a mean of 214 Tcf of undiscovered, technically recoverable natural gas resources — with the Utica now topping the Marcellus.

October 3, 2019
Penn State Researchers Tout Low-Cost Method for Discovering Marcellus Gas

Penn State Researchers Tout Low-Cost Method for Discovering Marcellus Gas

Pennsylvania State University researchers have developed a method that may help producers more easily identify natural gas-rich areas in the Marcellus Shale for exploratory wells.

September 6, 2019

DOE’s Marcellus Research Underway on New West Virginia Well

The Marcellus Shale Engineering and Environmental Laboratory (MSEEL) is at work on its latest well at a new site in West Virginia, examining a 139-foot core sample taken from the formation that could yield more data to improve unconventional development in the Appalachian Basin.

July 31, 2019

American Energy Acquires Pennsylvania-Based Geological Consultancy

Allentown, PA-based American Energy Partners Inc. (AEP), which focuses on upstream oil and gas operations as well as waste and water treatment, has added another company to its repertoire.

July 16, 2019
Ascent CEO says Ohio Utica Potential Not Yet Fully Realized

Ascent CEO says Ohio Utica Potential Not Yet Fully Realized

The chief of Ohio’s largest natural gas producer sees plenty of running room in the Utica Shale, a play he said is not yet fully delineated or being developed to its maximum potential.

June 24, 2019
Cabot Sees Appalachian NatGas Prices Falling After Brief Boost

Cabot Sees Appalachian NatGas Prices Falling After Brief Boost

Cabot Oil & Gas Corp. during the first quarter saw the benefits of additional natural gas takeaway capacity and other local demand sources that came online late last year, realizing its best differential since early 2013.

April 29, 2019
Marcellus Activity Slows as BHGE’s U.S. Rig Count Drops to 1,022

Marcellus Activity Slows as BHGE’s U.S. Rig Count Drops to 1,022

A sharp decline in the Marcellus Shale spurred a retreat in the overall U.S. rig count during the week ended April 12, as the total number of domestic rigs fell to 1,022, according to data from Baker Hughes, a GE Company (BHGE).

April 12, 2019
Four U.S. Natural Gas Rigs Raised as BHGE’s Oil Count Surges

Four U.S. Natural Gas Rigs Raised as BHGE’s Oil Count Surges

The United States added four natural gas rigs to reach 194 units during the week ended Friday (April 5), while oil activity saw a sharp rebound following recent declines, according to data from Baker Hughes, a GE Company (BHGE).

April 5, 2019