Marcellus

Panda Power Completes Acquisition of Marcellus Power Plant Project

Panda Power Completes Acquisition of Marcellus Power Plant Project

Dallas, TX-based Panda Power Funds has completed the acquisition and financing of Moxie Energy’s planned 829 MW natural gas-fueled, combined-cycle Liberty generating station, which will be located in Bradford County, PA.

August 23, 2013

Mixed Jobs Reports Emerge in Pennsylvania, Ohio

Nearly all of the workers hired by the natural gas industry for jobs in the Marcellus and Utica shales in 2012 were residents of states in the region, according to a workforce survey conducted by the Marcellus Shale Coalition (MSC).

August 23, 2013
Independents Proving Size Doesn’t Matter

Independents Proving Size Doesn’t Matter

Big Oil’s attempt to take over the North American onshore from U.S. independents so far hasn’t paid off as some would have imagined just a few years ago, with the majors still struggling to capture the kind of profits and production results they may have been anticipating.

August 23, 2013

Fracking Certain to Surface in Obama Visits to New York, Pennsylvania

President Obama is scheduled to make a two-day trip, stopping at communities in northern New York and northeastern Pennsylvania later this week, traversing two states that so far have taken very divergent paths over Marcellus Shale development.

August 22, 2013

Prometheus’ LNG to Fuel Antero Rigs in Marcellus, Utica

Prometheus Energy Group Inc. announced that it had signed a multi-year agreement to supply Antero Resources with enough liquefied natural gas (LNG) to power “a significant portion” of Antero’s natural gas-fueled drilling rigs in the Marcellus and Utica shales.

August 20, 2013
Unconventional Gas Production Hits New Record in Pennsylvania

Unconventional Gas Production Hits New Record in Pennsylvania

A biannual production report posted by the Pennsylvania Department of Environmental Protection (DEP) shows the state’s stable of unconventional gas wells produced a record 1.42 Tcf during the first six months of 2013.

August 20, 2013

Producers See Equity Heating Up, ‘Vigorous’ Enthusiasm for Permian

Exploration and production (E&P) companies remain enthusiastic about the U.S. onshore, in particular the Permian Basin, Niobrara formation, Utica Shale and the Tuscaloosa Marine Shale (TMS), based on observations at the recent EnerCom Consulting oil and natural gas conference, said two analyst teams who were there. However, Marcellus Shale pricing appears to be a “real concern for the buyside.”

August 20, 2013

Texas Eastern Holding Open Season for Marcellus-to-Midwest Project

Spectra Energy’s Texas Eastern Transmission LP is holding a supplemental open season for firm transportation service on its Uniontown to Gas City (U2GC) Expansion Project, which offers shippers a new firm path from the Marcellus Shale in west Uniontown, PA, to the pipeline’s existing interconnect with Panhandle Eastern Pipeline near Gas City, IN.

August 19, 2013

Diverse Shale Gas Roundtable Issues Recommendations

The Shale Gas Roundtable (SGR) — a 26-member group that includes elected officials and representatives from the oil and gas industry, academia, environmentalists and philanthropic organizations — has issued a list of recommendations to advance shale gas development in Pennsylvania.

August 19, 2013

Ohio, Pennsylvania, West Virginia Issued 411 Permits in July

State regulators in Ohio, Pennsylvania and West Virginia collectively issued 411 permits for oil and gas drilling during the month of July, most of which targeted the Marcellus and Utica shales.

August 16, 2013