REX’s Seneca Lateral Authorized For Additional Service

REX’s Seneca Lateral Authorized For Additional Service

Rockies Express Pipeline LLC (REX) received a certificate of public convenience and necessity from FERC Thursday to allow the company to open its existing Seneca Lateral to transportation service under the federal Natural Gas Act (NGA).

April 7, 2016

NFG Continues Scaling Back, Will Drop Marcellus Rig, Delay Northern Access Pipeline

National Fuel Gas Co. continued to curtail natural gas production in its fiscal year (FY) 1Q2016, saying during its earnings call on Friday that it would scale back further by dropping a rig in the Marcellus Shale and delay its Northern Access pipeline expansion project until next year.

February 5, 2016

Seneca Resources Partners With Private Equity to Boost Marcellus Development

To shore up its liquidity and maintain its pace during the commodities downturn, National Fuel Gas Co. (NFG) subsidiary Seneca Resources Corp. has entered into a joint development agreement (JDA) with an affiliate of Dallas-based IOG Capital LP to drill up to 80 Marcellus Shale wells across 10,500 acres in Northern Pennsylvania.

December 3, 2015

Seneca Shifting Marcellus Focus Westward, Preps for Atlantic Sunrise

Seneca Resources Corp., the exploration and production (E&P) subsidiary of National Fuel Gas Co. (NFG), said it plans to shift the focus of its Marcellus Shale operations from Lycoming County, PA, to three other counties in the western part of the state.

July 29, 2014

National Fuel Bringing Marcellus Wells Online, But Profits Down on NY Case

Despite higher oil and gas production in the Marcellus Shale, National Fuel Gas Co. (NFG) reported a 2% decline in profits during its fiscal fourth quarter, after the company set aside a reserve of $4.7 billion to possibly settle an ongoing rate case in New York State.

November 12, 2013

Mercer County, PA, Seeing Large Increase in Leasing

Located three counties due north of the wet gas window of the Marcellus Shale, and over a state line from expanding development in the Utica Shale, Mercer County, PA, nevertheless appears poised to benefit from development of both plays in the near future.

March 19, 2013
Ohio’s Utica Expands to 567 Permits Approved, 268 Wells Drilled

Ohio’s Utica Expands to 567 Permits Approved, 268 Wells Drilled

Carroll County and operators for Chesapeake Energy Corp. continue to hold the lion’s share of permits issued and producing wells in the Utica Shale, according to Ohio Department of Natural Resources (ODNR) figures.

March 15, 2013

Consol Reports Lower NatGas Production, Expects Decline in Earnings

Consol Energy Inc. said Monday that although it reported lower natural gas production for 3Q2012 compared to one year ago, the figure was misleading because of reporting adjustments and its decision in September to idle a southern Virginia coal mine that produced associated gas.

October 17, 2012
XTO, MarkWest Execs Tout Shale Success, Push Public Interaction, LNG Exports

XTO, MarkWest Execs Tout Shale Success, Push Public Interaction, LNG Exports

Two oil and natural gas industry executives lauded the economic success brought about by shale gas development, but warned that continuing success depends in large part upon educating the public on hydraulic fracturing (fracking), training future regulators and policy makers, and exporting liquefied natural gas (LNG).

September 21, 2012

Operators Unfazed As Drought Forces SRBC to Suspend Permits Again

In a move anticipated by oil and natural gas producers, the Susquehanna River Basin Commission (SRBC) said Monday it was suspending 64 water withdrawal permits due to ongoing drought conditions in the basin, the highest number of suspensions since it began issuing permits in 2008.

July 18, 2012