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Pennsylvania DCNR to Discuss Forest Drilling at Online Forum

Pennsylvania DCNR to Discuss Forest Drilling at Online Forum

Officials with the Pennsylvania Department of Conservation and Natural Resources (DCNR) will participate in an online forum this week to discuss potential Marcellus Shale gas drilling in the Loyalsock State Forest.

April 23, 2013

Shale Growth Causing NatGas Pipeline ‘Replumbing,’ Says Braziel

The day-in and day-out reports from operators ready to build new natural gas pipelines and natural gas liquids (NGL) midstream infrastructure generally have had one thing in common over the past couple of years: most are for the Marcellus Shale. And that’s not going to change anytime soon, according to industry executives.

April 11, 2013
Marcellus Region Saw Lion’s Share of 2012 Pipeline Projects

Marcellus Region Saw Lion’s Share of 2012 Pipeline Projects

More than half of the natural gas pipeline projects that entered service were in the Northeast during 2012, a year in which overall U.S. capacity investment slowed.

March 26, 2013

Analyst: North America to Be Important LNG Supplier

The global liquefied natural gas (LNG) market is supply constrained, but that will change in the coming years as new liquefaction capacity comes online, including in North America, allowing LNG consumption growth to resume, Poten & Partners Inc.’s Darryl Houghton told a Houston audience recently.

February 25, 2013
Plan In Hand, Newfield Needs to Execute, Analyst Says

Plan In Hand, Newfield Needs to Execute, Analyst Says

Shares of Newfield Exploration Co. (NFX) have taken a beating since the company last week provided its outlook for liquids production growth and announced plans to jettison international assets in favor of U.S. plays. It’s a sign that investors have heard enough talk and are ready to see action.

February 21, 2013

Analyst: North America to Be Important LNG Supplier

The global liquefied natural gas (LNG) market is supply constrained, but that will change in the coming years as new liquefaction capacity comes online, including in North America, allowing LNG consumption growth to resume, Poten & Partners Inc.’s Darryl Houghton told a Houston audience last week.

February 20, 2013

National Fuel Looks to Marcellus for Production, Pipeline Boost

The promise of production from seven “exceptional” wells brought online in January in Pennsylvania’s Marcellus Shale and continuing additions to its pipeline business paint an expanding future for National Fuel Gas Co. (NFG) in 2013, CEO Dave Smith said during a conference call with analysts.

February 12, 2013

Gulfport Chalks Up More Results in Utica

Gulfport Energy Corp. Tuesday reported production results for two more Utica Shale wells and said it plans to have natural gas and liquids flowing to pipelines this spring.

January 24, 2013

Industry Brief

The city of Dallas Plan Commission on Thursday voted to reconsider the application by Trinity East Energy LLC for three zoning permits that would allow it to drill within the city limits. The commission previously voted against granting the permits (see Shale Daily, Jan. 8). The commission now is expected to hold a hearing on the permits Feb. 17. If the specific use permits ultimately receive the commission’s blessing, Trinity East will have an easier time gaining the ultimate approval it needs to drill from Dallas City Council. Some drilling opponents in attendance at the commission meeting chanted “shame” following the vote to reconsider; some wept, and one activist was led from the chamber, according to an online report by TheDallas Morning News.

January 11, 2013

Magnum Hunter Eagle Ford Wells Best Ever

Magnum Hunter Resources Corp. brought online two new company-operated Eagle Ford Shale wells three days before Christmas. The wells’ best-ever results for the company in the Eagle Ford could have Magnum Hunter rethinking its idea of divesting the South Texas properties, said CEO Gary C. Evans.

January 7, 2013