Marcellus

Rex Energy Corp. reported an 11% increase in production in 1Q2014 compared with 1Q2013, a 15% increase in propane price realizations, and earnings per share well above consensus estimates during a conference call with analysts Wednesday that was overflowing with good news.

Already considered the leader of the pack in the Marcellus Shale, Range Resources Corp. padded its lead in the play during 1Q2014 with record-setting production from one super-rich well in southwestern Pennsylvania and decreasing well costs.

Sunoco Logistics Partners LP said that as its former crude oil refinery in Marcus Hook, PA, along the Delaware River south of Philadelphia, transforms into a major East Coast export terminal, it could soon rival similar facilities along the Gulf Coast and provide a number of advantages to Northeast oil and gas producers.

Sunoco Logistics Partners LP has requested an exemption from the Pennsylvania Municipalities Planning Code that, if granted by the Pennsylvania Public Utilities Commission (PUC), would give it the status of a public utility corporation.

Boardwalk Pipeline Partners LP and Williams are no longer funding their Marcellus-to-Gulf Coast natural gas liquids (NGL) joint venture pipeline project, Bluegrass, as customer commitments have yet to materialize.

Consol Energy Inc. has cleared its last major hurdle for plans to drill up to 45 Marcellus Shale wells on six pads in a first-of-its-kind project in Pennsylvania at the Pittsburgh International Airport.

No indication of unusual levels of pollutants that would suggest a potential health concern for local residents or emergency responders was found as a result of fires at a Chevron Appalachia well site in Greene County, PA, earlier this year, according to Pennsylvania’s Department of Environmental Protection (DEP).

Marcellus Shale gas production growth “continues unabated,” while Utica Shale gas output has also seen “significant growth,” prompting ICF International to lift its output expectation for the combined plays to 25 Bcf/d by 2020.

Pennsylvania Republican Gov. Tom Corbett could soon issue an executive order to lift a nearly four-year moratorium on new oil and gas leases in state parks and forests that would continue to bar new leases for surface operations, but offer operators access to the mineral rights under state land from wells on adjoining private land.