Marcellus

MSC Issues Best Practices for Drilling, Completions

With production, takeaway capacity and employment all on the rise in the Appalachian Basin, the Marcellus Shale Coalition (MSC) on Wednesday issued a list of recommended practices for drilling and completing oil and natural gas wells in the play.

October 11, 2013

Report Finds Uncertainty Over NatGas as Fuel, GHG Emissions Testing

Pennsylvania’s status as “a major energy producing state,” and the possible impacts the state may see from climate change have not changed significantly over the last four years, according to a report commissioned by the Pennsylvania Department of Environmental Protection (DEP).

October 11, 2013
Antero’s Sweet Spot — Appalachia — Big Draw on Opening Day

Antero’s Sweet Spot — Appalachia — Big Draw on Opening Day

Antero Resources Inc., which today is an Appalachian Basin-only operator, made a stunning debut Thursday on the New York Stock Exchange, with the share price up 18.2% from the opening of $44.00 to end the day at $52.01. More than 28.4 million shares traded hands, with “AR” the most-traded stock on the day.

October 11, 2013

Range Blasts Media Coverage of Pennsylvania Contamination Case

Range Resources Corp. says it is complying with a court order to obtain and provide information for all of the chemicals used at a Marcellus Shale drilling and impoundment site in Washington County, PA, but it took issue with media reports suggesting that the company doesn’t know what chemicals are used in its hydraulic fracturing (fracking) operations.

October 11, 2013

MSC Opposes Gubernatorial Hopeful’s Calls for NatGas Severance Tax

Gubernatorial candidates in Pennsylvania who have called for severance taxes on the state’s shale natural gas industry are embracing “misguided, job-crushing policies,” the Marcellus Shale Coalition (MSC) said Thursday.

October 11, 2013

Chesapeake Lay-Offs Part of Moves to Rein in Spending

More than 800 Chesapeake Energy Corp. employees were laid off on Tuesday as CEO Doug Lawler continues to make over the company that Aubrey McClendon built (see related story).

October 10, 2013
EIA Sees Southwest PA Gas Prices Slipping Below Henry Hub…Again

EIA Sees Southwest PA Gas Prices Slipping Below Henry Hub…Again

With the natural gas production boom out of the Utica and Marcellus shales of Pennsylvania, West Virginia and Ohio continuing to lower prices of the commodity…

October 10, 2013

Report Finds Marcellus Employs Nearly 232K in Pennsylvania

Industries dependent on the Marcellus Shale employed nearly 232,000 workers in Pennsylvania during 1Q2013, according to a monthly report by the state Department of Labor & Industry's Center for Workforce Information & Analysis (CWIA).

October 9, 2013

FERC Issues Transco Northeast Expansion a Favorable DEIS

FERC staff Friday issued a favorable draft environmental impact statement (DEIS) for Transcontinental Gas Pipe Line’s (Transco) proposal to build a $182 million expansion of its system to meet growing natural gas demand in New York City and the Rockaways with Marcellus Shale gas supplies.

October 8, 2013

PUC Asks Why Closing Plants Didn’t Make Natgas Switch

As FirstEnergy Corp. prepares to deactivate two coal-fired power plants in southwestern Pennsylvania, the heart of the Marcellus Shale, the commissioner of the state Public Utility Commission (PUC) is asking lawmakers and company officials why more consideration wasn’t given to switching the plants’ source fuel to natural gas.

October 8, 2013