Seneca

NFG Seeking More Takeaway Capacity in Absence of Northern Access

National Fuel Gas Co. (NFG) is forecasting a decrease in earnings for fiscal year (FY) 2018, which began last month, primarily as a result of lower anticipated commodity prices for its upstream business segment.

November 6, 2017

Pin Oak Seals Another Small Deal for Seneca NatGas Assets

Akron, OH-based Pin Oak Energy Partners LLC continued a buying spree on Wednesday, announcing that it had completed a transaction to acquire 4,300 gross acres in northwest Pennsylvania from Seneca Resources Corp.

October 5, 2017

Seneca Transitioning to Utica Development in Northwest Pennsylvania

National Fuel Gas Co.’s (NFG) exploration and production subsidiary, Seneca Resources Corp., said after a year of testing the Western Development Area (WDA) in northwest Pennsylvania, the Utica Shale assets are derisked, with full development ready to begin.

August 4, 2017

NFG’s Northern Access Likely Delayed By Two Years Thanks to ‘Lousy’ NY Regulatory Treatment

National Fuel Gas Co. management on Friday struck an aggravated but determined tone about the New York State Department of Environmental Conservation’s (DEC) decision last month todeny key permits for the Northern Access expansion, saying the company remains committed to the project.

May 8, 2017

Seneca Resources Fined by Pennsylvania DEP for Spills, Sediment Control Incidents

Seneca Resources Corp. agreed to pay the Pennsylvania Department of Environmental Protection (DEP) a $375,000 fine for violating the state’s Clean Streams Law, Dam Safety and Encroachment Act, the Oil and Gas Act and the Solid Waste Management Act.

April 26, 2017

Lack of FERC Quorum a ‘Pressing Issue’ For NFG As Seneca Needs More Capacity

National Fuel Gas Co.’s (NFG) exploration and production (E&P) subsidiary Seneca Resources Corp. gained ground during its fiscal 2017 first quarter when better Appalachian spot prices allowed it to open wells and get more production flowing. But it needs more pipeline capacity to keep the momentum.

February 3, 2017

National Fuel Gas Prioritizing Utica Shale Appraisal Program in FY 2017

National Fuel Gas Co.’s exploration and production subsidiary, Seneca Resources Corp., will prioritize additional Utica Shale appraisal drilling in an undeveloped part of Northwest Pennsylvania in Fiscal Year (FY) 2017, which started in October, after encouraging test results there.

November 7, 2016

Pennsylvania Township Loses Fight to Ban Injection Wells

A small Northwest Pennsylvania township’s nearly four-year fight with Seneca Resources Corp. appears to be over after supervisors there overturned an ordinance banning underground injection wells that dispose of oil and natural gas wastewater.

August 19, 2016
NFG Tests Unproven Pennsylvania Utica, Says Could Be ‘Primary Target’

NFG Tests Unproven Pennsylvania Utica, Says Could Be ‘Primary Target’

National Fuel Gas Co.’s (NFG) exploration and production subsidiary, Seneca Resources Corp., is opening yet another frontier for Utica Shale development in Northwest Pennsylvania, saying the formation could ultimately be its primary target in a few years after encouraging test results in the region.

August 8, 2016

NFG Extends Marcellus JV with Private Equity Firm

National Fuel Gas Co. (NFG) subsidiary Seneca Resources Corp. said Monday that it would extend its joint venture (JV) agreement with an affiliate of Dallas-based IOG Capital LP across 10,500 acres in Northern Pennsylvania, further reducing this year’s exploration and production budget.

June 13, 2016