Chesapeake Energy Corp. is reporting “strong initial production” from its first Utica Shale wells.
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Pennsylvania Interfaith Power and Light released a position paper on Marcellus Shale drilling Sunday, outlining changes that need to be made before drilling could be viewed as acceptable through a moral compass. The organization said it would support shale drilling if it replaced coal and other fossil fuels quickly, if the state enacted a drilling tax and if overall community and environmental impacts were reduced. A copy of the document is available at www.paipl.org.
Final Report Spreads Blame for Deepwater Horizon Disaster
A joint agency investigative report released last Wednesday on the Macondo well blowout and fatal explosion aboard the Deepwater Horizon rig spread the blame for the disaster among BP plc, Transocean, Halliburton and Cameron International Corp., but BP got the brunt of it.
Final Report Spreads Blame for Deepwater Horizon Disaster
A joint agency investigative report released on Wednesday of the April 2010 Macondo well blowout and fatal explosion aboard the Deepwater Horizon rig spread the blame for the disaster among BP plc, Transocean, Halliburton and Cameron International Corp., but BP got the brunt of it.
Subpar Injection No Help for Bulls; October Eases
October futures eased fractionally in active trading Thursday as the government released figures showing a lower-than-expected increase in inventories. The ensuing price rise, however, was seized upon by eager sellers and prices retreated.
Survey: Most Pennsylvanians Still Support Gas Production Tax
Pennsylvanians are increasingly in favor of imposing a severance tax on natural gas production, according to a poll released Wednesday by the Center for Opinion Research (COR) at Franklin & Marshall College in Lancaster, PA.
Pitt Study: One Marcellus Well Adds Millions to Economy
A single Marcellus Shale well in southwestern Pennsylvania directly adds $7.6 million to the economy, on average, according to a new study released Tuesday.
EPA Rule Seen Straining Gas, Power Infrastructure
With intentions of cutting power plant emissions, last month the Environmental Protection Agency (EPA) released its Cross-State Air Pollution Rule (CSAPR). However, an analysis by Bentek Energy LLC says the rule, an addendum to the Clean Air Act, would wreak havoc on on power and natural gas transmission grids if implemented as planned.
Bentek: EPA Rule Would Drive Regional Gas Prices Higher
With intentions of cutting power plant emissions, last month the Environmental Protection Agency (EPA) released its Cross-State Air Pollution Rule (CSAPR). However, an analysis by Bentek Energy LLC says the rule, an addendum to the Clean Air Act, would wreak havoc on on power and natural gas transmission grids if implemented as planned.
CPUC Judge Proposes Steps for Lifting Pipe Pressure Limits
An administrative law judge (ALJ) at the California Public Utilities Commission (CPUC) has released a proposed decision outlining the procedures for eliminating current restrictions on the operating pressures of major natural gas transmission pipelines operated by Pacific Gas and Electric Co. (PG&E) in the wake of last year’s San Bruno pipe rupture and explosion. The ALJ also denied a recommendation by PG&E for raising future pipe pressures.