Pittsburgh International Airport, known to fliers by the three-digit code PIT, is stepping up its natural gas development partnership with Appalachian Basin-focused independent CNX Resources Corp. PIT and CNX earlier this month launched another phase of their public-private partnership. It currently includes a revenue-sharing deal for CNX-operated Marcellus Shale wells on airport property and a…
Marcellus
Articles from Marcellus
EQT Achieves Certification for 4 Bcf/d of Appalachian Natural Gas Production
EQT Corp. said 80% of its natural gas now holds the certified designation, giving it a potential leg up for premium pricing. The top natural gas producer in the United States, which produced an estimated 5.6 Bcfe/d during the third quarter, said most of the Marcellus and Utica shale production achieved the certification label last…
Repsol Acquires Marcellus Assets in Rockdale Bankruptcy
Repsol SA is bolting on acreage in the Marcellus Shale after successfully bidding for 43,000 net acres in Northeast Pennsylvania in a bankruptcy auction. The Spanish energy company has agreed to pay $222 million, including $2 million in debt, for Rockdale Marcellus LLC’s assets in Tioga, Lycoming and Bradford counties, according to court documents. The…
PennEast Pipeline Canceled After Years of Regulatory, Legal Delays
Seven years after it was announced, the PennEast Pipeline has been canceled following repeated regulatory and legal setbacks that have increasingly complicated other natural gas infrastructure projects across the country. PennEast scrapped the project on Monday following what it said was “extensive evaluation and discussion” among its five member companies. The project battled landowners, environmental…
U.S. Natural Gas Rig Count Static, but Lower 48 Oil Drilling Climbs
The United States gained three drilling rigs for the week ending Friday (Aug. 6), all working in the Lower 48, according to Baker Hughes Co. (BKR). There were 491 active rigs total in the U.S. onshore and Gulf of Mexico (GOM), compared with 247 for the same period of 2020. The weekly rig tally is…
MPLX Expecting Slower Growth, but Permian, Marcellus Volumes Fueling Optimism
In an ongoing effort to optimize capital spending amid the weak oil price environment, MPLX LP brought online the first segment of the Wink-to-Webster pipeline to ultimately transport more than 1 million b/d of Permian Basin crude to the Houston area. The main segment of the 650-mile pipeline was commissioned in October, and service is…
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…
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…
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…
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…