The Pennsylvania Supreme Court has reaffirmed the state’s 131-year history of mineral rights law, unanimously ruling in favor of a Susquehanna County couple that had filed a lawsuit over the rights to the natural gas under property in the Marcellus Shale.
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The Pennsylvania Supreme Court reaffirmed the state’s 131-year history of mineral rights law on Wednesday, unanimously ruling in favor of a Susquehanna County couple that had filed suit over the rights to the Marcellus Shale gas under their property.
Gulfport Energy Corp. officials have reaffirmed the company’s commitment to the Utica Shale, unveiling details of an accelerated, but cheaper, drilling plan coordinated with the construction of much-needed infrastructure in the play.
SM Energy said Wednesday that next year it will spend 90% of its planned drilling and completions budget of $1.2 billion on its Eagle Ford, Bakken/Three Forks and Permian Basin programs.
Citing its plans for expanding its reach from Canada and the Bakken to the U.S. East Coast, Enbridge Inc. reaffirmed its intention to use pipeline-to-rail strategies for expanding to the Philadelphia and other mid-Atlantic eastern markets during a conference call to unveil its latest financial and capital expansion plans to analysts and the news media.
Houston-based Sanchez Energy Corp.’s proved reserves grew by 125% to 15 million boe during the first half of the year, up from 6.7 million boe at the end of last year, the company said. The company has about 95,000 acres in the Eagle Ford Shale.
Matador Resources Co. is moving forward with its plan to target the wet gas and oil-prone Eagle Ford Shale of South Texas this year while ramping down development of its dry gas Haynesville Shale acreage in North Louisiana, the Dallas-based company said Tuesday.
NiSource Midstream Services (NMS) is in “advanced discussions with a producer counterparty” about a potential joint venture (JV) to focus on gathering, processing and transporting in eastern Ohio’s Utica Shale, NiSource Inc. officials said Tuesday.
On the heels of a mega Marcellus Shale partnership agreement in August, CONSOL Energy Inc. on Wednesday announced that Hess Corp. would become its partner on half of its nearly 200,000 acres in the prospective Utica Shale in eastern Ohio.