Marcellus

Chesapeake Reaches $5.3M Settlement with Pennsylvania Over Royalties Dispute

Chesapeake Reaches $5.3M Settlement with Pennsylvania Over Royalties Dispute

The Pennsylvania Attorney General’s (AG) Office has reached a $5.3 million settlement with Chesapeake Energy Corp. to resolve claims that the company deceived landowners and underpaid royalties on natural gas production. The settlement, which comes more than five years after the state filed a lawsuit, requires Chesapeake to pay restitution to landowners in Northeast Pennsylvania…

March 9, 2021
Pennsylvania Saw Modest Increase in Unconventional Natural Gas Production Last Year, but Activity Down

Pennsylvania Saw Modest Increase in Unconventional Natural Gas Production Last Year, but Activity Down

Pennsylvania unconventional natural gas production surpassed 7 Tcf last year, up 3.9% from 2019, the lowest growth rate on record for a full year of production, according to the state’s Independent Fiscal Office (IFO). Fourth quarter production increased 2.9% year/year to 1.8 Tcf, flat with the annual growth level in the third quarter. Quarterly production…

March 4, 2021
U.S. Natural Gas Production Fell 1% in 2020 Amid Pandemic, Lower Prices, EIA Says

U.S. Natural Gas Production Fell 1% in 2020 Amid Pandemic, Lower Prices, EIA Says

U.S. annual natural gas production in 2020 declined 1% year/year and averaged 111.2 billion Bcf/d, a reflection in part of the pullback in drilling activity following the demand destruction and downward pressure on prices caused by the coronavirus pandemic. In releasing its latest 2020 estimate, measured by gross withdrawals, the U.S. Energy Administration (EIA) also…

March 2, 2021
Permian, Marcellus Gains See U.S. Rig Count Extend Uptrend

Permian, Marcellus Gains See U.S. Rig Count Extend Uptrend

Activity increases in the Permian Basin and Marcellus Shale propelled the U.S. rig count five units higher to 402 for the week ending Friday (Feb. 26), according to updated data from Baker Hughes Co. (BKR). Four oil-directed rigs and one natural gas-directed rig were added for the week, bringing the combined domestic total to within…

February 26, 2021
Delaware River Basin’s Permanent Fracking Ban Decried as ‘Purely Political’ by Energy Industry

Delaware River Basin’s Permanent Fracking Ban Decried as ‘Purely Political’ by Energy Industry

The Delaware River Basin Commission (DRBC) on Thursday voted to make permanent its longstanding de facto prohibition on hydraulic fracturing (fracking), drawing cheers from environmentalists and a sharp rebuke from oil and gas industry advocates in the region. The DRBC, the hybrid interstate and federal regulatory body established in 1961 to oversee the waters of…

February 25, 2021
NFG Cleared to Start Construction on FM100 Natural Gas Project in Pennsylvania

NFG Cleared to Start Construction on FM100 Natural Gas Project in Pennsylvania

The Federal Energy Regulatory Commission has cleared a National Fuel Gas Co. (NFG) subsidiary to start construction on the FM100 natural gas pipeline expansion and modernization project.  NFG said it would start construction early next month and expects to bring the project online by the end of the year. FM100 would boost natural gas takeaway…

February 25, 2021
Antero Partnering with Quantum to Fund Some Marcellus Development Through 2024

Antero Partnering with Quantum to Fund Some Marcellus Development Through 2024

Appalachian pure-play Antero Resources Corp. has entered a drilling partnership worth up to $550 million with an affiliate of Quantum Energy Partners to fund a portion of its Marcellus and Utica shale development through 2024.  Under the deal, QL Capital Partners would fund 20% of Antero’s development capital spending in 2021 and 15-20% from 2022…

February 23, 2021
EIA Models Falling Natural Gas Output from Seven Key U.S. Regions in March

EIA Models Falling Natural Gas Output from Seven Key U.S. Regions in March

Natural gas production from seven key U.S. shale plays is set to fall by a combined 560 MMcf/d from February to March as output from most major producing regions is expected to slow over the next month, according to the U.S. Energy Information Administration (EIA). Combined natural gas output from the Anadarko, Appalachian and Permian…

February 18, 2021
Natural Gas Production from Seven Key U.S. Shale Plays to Fall from February to March, EIA Says

Natural Gas Production from Seven Key U.S. Shale Plays to Fall from February to March, EIA Says

Natural gas production from seven key U.S. shale plays is set to fall by a combined 560 MMcf/d from February to March as output from most major producing regions is expected to slow over the next month, according to the U.S. Energy Information Administration (EIA). Combined natural gas output from the Anadarko, Appalachian and Permian…

February 17, 2021
Range Resources Fined for Failing to Plug Inactive Pennsylvania Wells Sooner

Range Resources Fined for Failing to Plug Inactive Pennsylvania Wells Sooner

Range Resources Corp. agreed to pay a $294,000 fine to the Pennsylvania Department of Environmental Protection (DEP) for failing to properly classify over 40 inactive conventional oil and gas wells. DEP said the company applied for inactive status for the Shirocky No. 1 well in Fayette County in September 2017, indicating that it planned to…

February 11, 2021