Shale

Democrat Conor Lamb declared victory this week with only a few hundred more votes than his opponent in the shale country congressional race in southwest Pennsylvania. The seat has been held by a Republican for more than a decade, but the results may be unofficial for weeks.

The upward trend of oil and natural gas production out of the nation’s seven most prolific onshore unconventional plays, which began more than a year ago, is likely to continue in April compared with March, according to the Energy Information Administration (EIA).

Houston-based Tellurian Inc. is testing support to build a 42-inch diameter natural gas pipeline that would connect up to 2 Bcf/d of Haynesville and Bossier shale volumes to customers in southwestern Louisiana.

U.S. onshore natural gas and oil production is predicted to move higher in March from February in nearly every one of the seven big fields, the Energy Information Administration (EIA) said Monday.

U.S. crude oil production, boosted by record high output in Texas, reached 10.038 million b/d in November, the highest level since the record 10.044 million b/d achieved in November 1970, according to the Energy Information Administration (EIA).

Higher natural gas prices and more new wells last year are likely to help raise Pennsylvania impact fee collections from shale gas producers for the first time in three years, according to the state’s Independent Fiscal Office (IFO).

Shale deposits on land, declared off limits to industry in 2014, are rich enough to replace Atlantic Canada’s depleted offshore natural gas production network, says a fresh review by government scientists.

It remains unclear if legislation to enact a severance tax on unconventional natural gas production that cleared the Pennsylvania House Finance Committee this week has enough support to pass the Republican-controlled chamber.

Natural gas and oil production from the nation’s seven most prolific onshore unconventional plays will continue its 2017 upswing next month, according to data released Monday by the Energy Information Administration (EIA).