Marcellus

Houston-based Patterson-UTI Energy Inc. expects to record net income of $100 million-plus for 4Q2022, a sharp turnaround from year-ago losses as Lower 48 drilling expands. The oilfield services company, which previewed earnings on Wednesday, had reported net losses for the fourth quarter of 2021. “In contract drilling, average rig revenue per day benefited primarily from…

U.S. oil and gas permitting fell for the second month in a row in November, but it continues on track for a year-end high, according to Evercore ISI. The domestic permit count declined by 7% month/month (m/m) last month, down by 245. The pullback came after October slumped by 16% from September.  Still, the permit…

The Pennsylvania Department of Environmental Protection (DEP) has issued a notice of violation to Shell Chemicals Appalachia LLC for exceeding its air pollutant limits after operations began at its ethane cracker near Pittsburgh. Shell started operations at the massive complex in November. DEP said emissions of volatile organic compounds (VOC) exceeded the limits of its…

Natural gas should be viewed not as a bridge fuel, but as a catalyst to the energy transition domestically and abroad, according to the new “Appalachia First” vision unveiled by CNX Resources Corp. The Pittsburgh-based firm, which produced 1.67 Bcfe/d from the Marcellus and Utica shales during the third quarter of 2022, is arguing against…

CPV Group LP said Monday it has selected Doddridge County, WV, as the site of a planned $3 billion, 1,800 MW combined-cycle natural gas-fired power plant that would use carbon capture technology to minimize emissions. CPV is majority owned by Israel-based energy solutions company OPC Energy Ltd., whose shares trade on the Tel Aviv Stock…

A bill qualifying natural gas as green energy and allowing state agencies to lease land to develop oil and gas has passed the Ohio legislature and was awaiting a signature from Republican Gov. Mike DeWine.  Under current Ohio law, state agencies are not automatically required to lease land for oil and gas exploration and production…

Pennsylvania natural gas production from horizontal wells totaled 1.88 Tcf or 20.6 Bcf/d in the third quarter, down 0.8% from the third quarter of 2021, according to data from the state’s Department of Environmental Protection (DEP). This marks the third straight quarter in which output did not rise on a year/year (y/y) basis, DEP said,…

Spain’s Repsol SA has certified all of the 400 MMcf/d of natural gas it produces in the Marcellus Shale in Pennsylvania as responsibly sourced, the company announced last month. Repsol’s production from more than 680 wells was certified under the standards set by nonprofit MiQ. The assessment process took place over a six-month period, according…

In the story, “Cabot Successor Pleads No Contest to Water Contamination Charges in Northeast Pennsylvania,” NGI incorrectly stated that Coterra pleaded no contest to all charges related to alleged environmental crimes in Northeast Pennsylvania. The company pleaded no contest to one misdemeanor count of Prohibition Against Discharge of Industrial Wastes. NGI regrets the error.