Marcellus

Coterra Energy Inc. has agreed to pay more than $16 million to build a new public water supply system in Dimock, PA, to resolve charges that its predecessor, Cabot Oil and Gas Corp., contaminated residents’ well water over a decade ago during unconventional natural gas development in the area. Coterra, formed in 2021 after Cabot…

As the long-delayed Mountain Valley Pipeline LLC works toward a target in-service date in the second half of 2023, the developer will have to wait until at least next summer to receive an updated environmental review from the U.S. Forest Service (USFS). The USFS plans to prepare a supplemental environmental impact statement (EIS) for the…

Shell plc’s long awaited Pennsylvania petrochemical project, the first major polyethylene manufacturing complex fueled by natural gas liquids in the Northeast, has begun operations, with designed output of 1.6 million metric tons/year. The Shell Polymers Monaca (SPM) facility by subsidiary Shell Chemical Appalachia LLC is northwest of Pittsburgh, adjacent to the Ohio River on 384…

Driven by strong growth in the Permian Basin and in the Gulf of Mexico (GOM), the U.S. rig count surged nine units higher to 779 for the week ended Nov. 11, oilfield services provider Baker Hughes Co. (BKR) reported Friday. Oil-directed drilling accounted for the entirety of the domestic gains for the period, as the…

Zero emissions transportation-centered Nikola Corp. is partnering with Keystate Natural Gas Synthesis LLC to bring what may be Pennsylvania’s first blue hydrogen and chemicals production facility.  KeyState’s planned 7,000-acre production facility is to feature commercial-scale carbon capture and storage (CCS) for a blue hydrogen, ammonia and urea production facility. Nikola and KeyState are in the…

Flexibility is key to all that Coterra Energy Inc. is planning for the Lower 48 in 2023, as inflationary headwinds drive up the price for things across the board, executives said. Coterra, formed last year with the merger of Cabot Oil & Gas Corp. and Cimarex Energy Co., focuses on producing natural gas and oil…

Lawmakers in Pennsylvania, the second-largest U.S. natural gas-producing state, last week signed a bill increasing tax credits by $30 million for in-state fertilizer and petrochemical manufacturers that use locally-produced natural gas. House Bill 1059, dubbed the Pennsylvania Economic Development for a Growing Economy (PA EDGE), amends the Keystone State’s tax code, boosting the natural gas…

A revamped Chesapeake Energy Corp. continues streamlining its strategy around supplying natural gas to the Gulf Coast LNG corridor, executives said in an earnings call on Wednesday. The company sees a somewhat softer natural gas market in 2023, with no real structural demand growth until new export capacity comes online starting in 2024. “As export…

Supply chain issues, midstream constraints and adverse weather combined to curb EQT Corp.’s third quarter natural gas output and are likely to impact the company’s operations through the middle of next year, management said last week. “These third-party constraints, along with water restrictions due to drought conditions in parts of the [Appalachian] basin, negatively impacted…