Marcellus

Mexico Demand Helping Drive U.S. Natural Gas Price Rally

Mexico Demand Helping Drive U.S. Natural Gas Price Rally

U.S. natural gas demand and prices are “off to the races,” driven by a convergence of supply and demand-related factors as the world emerges from Covid-19, IHS Markit’s Jack Weixel, senior director, said Monday. Liquefied natural gas (LNG) exports to the global market, pipeline exports to Mexico and capital discipline by upstream producers all have…

July 21, 2021
Pittsburgh International Airport Completes Marcellus Shale-Fueled Microgrid

Pittsburgh International Airport Completes Marcellus Shale-Fueled Microgrid

The Pittsburgh International Airport (PIA) has completed a first-of-its-kind microgrid that’s powered by Marcellus Shale natural gas and solar panels. The microgrid will power PIA’s entire campus, making it the first airport in the world to receive its electricity entirely from a microgrid.  “Pittsburgh International Airport is now one of the most site-hardened public facilities…

July 20, 2021
Overnight Guidance Trends Hotter as Natural Gas Futures Jump Higher Early

Overnight Guidance Trends Hotter as Natural Gas Futures Jump Higher Early

Hotter trends in the overnight guidance helped send natural gas futures sharply higher in early trading Tuesday. As of 8:50 a.m. ET, the August Nymex contract was up 6.9 cents to $3.848/MMBtu. The American and European weather models trended hotter overnight for next week, adding 2-3 cooling degree days to the outlook, according to NatGasWeather.…

July 20, 2021
Northeast Natural Gas Forward Curve Price Strength Highlights Production, Storage Concerns

Northeast Natural Gas Forward Curve Price Strength Highlights Production, Storage Concerns

Natural gas forward prices continued to fall at the front of the curve during the trading period ending Wednesday (July 14), pressured by inconsistent summer weather and fluctuating production. However, Northeast markets rebounded as another heat wave drove up regional demand, stalling a more pronounced rebuilding of storage inventories that is needed ahead of the…

July 15, 2021
Small-Scale LNG Gaining Edge in Northeast Amid Pipeline Constraints, Climate Targets

Small-Scale LNG Gaining Edge in Northeast Amid Pipeline Constraints, Climate Targets

The challenge of transporting natural gas to energy-hungry consumers in the Northeast is continuing to create opportunities and spur demand for small-scale applications and virtual pipeline services throughout the region. Despite the sharp uptick in gas production from the prolific Appalachian Basin over the last decade, pipeline constraints remain an issue in the Northeast, particularly…

July 15, 2021
Seneca, NexTier Take On Emissions Tests for Fracking Equipment

Seneca, NexTier Take On Emissions Tests for Fracking Equipment

Seneca Resources Co. LLC and NexTier Oilfield Solutions Inc. have begun a comparative carbon emissions assessment for various natural gas- and diesel-fired hydraulic fracturing (frack) equipment.  Houston-based Seneca, the exploration and production (E&P) arm of National Fuel Gas Co., produces natural gas and oil in California, the Marcellus and Utica shales.  The E&P would lead…

July 15, 2021
Southwestern Energy Reaches First Appalachian-Wide Deal to Certify Natural Gas Production

Southwestern Energy Reaches First Appalachian-Wide Deal to Certify Natural Gas Production

Southwestern Energy Co. this week said it would become the nation’s first exploration and production (E&P) company to certify that its natural gas is responsibly produced from all of its wells across an entire basin. The company reached an agreement for Project Canary to continuously monitor emissions and certify responsibly sourced gas (RSG) from all…

June 24, 2021
Range Resources Launches Pilot to Certify Natural Gas as Responsibly Produced

Range Resources Launches Pilot to Certify Natural Gas as Responsibly Produced

Range Resources Corp. has launched a pilot program with monitoring company Project Canary to certify that its natural gas is produced in an environmentally responsible way.  Project Canary would monitor methane emissions at two well pads in southwestern Pennsylvania. Production at the locations would also be certified under Project Canary’s TrustWell certification process.   Range produced…

June 24, 2021
Pennsylvania Impact Fee Collections Down on Lower Natural Gas Prices

Pennsylvania Impact Fee Collections Down on Lower Natural Gas Prices

The impact fees paid by Pennsylvania’s unconventional natural gas producers in 2020 declined by $54 million year/year to about $146.3 million mainly because of lower natural gas prices, according to the state Public Utility Commision (PUC). Since the fees were enacted in 2012, operators have paid more than $2 billion to the PUC for distribution…

June 15, 2021
Federal Court Tosses GOP Lawsuit Against DRBC Fracking Ban

Federal Court Tosses GOP Lawsuit Against DRBC Fracking Ban

A federal court has dismissed a lawsuit filed by two Pennsylvania Senate Republicans against the Delaware River Basin Commission (DRBC) ban on hydraulic fracturing (fracking).  The U.S. District Court for the Eastern District of Pennsylvania said state Sens. Gene Yaw and Lisa Baker lack standing to challenge the ban on unconventional oil and gas development…

June 15, 2021
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