Shale Daily

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…

Click here to listen to the latest episode of NGI’s Hub & Flow, in which Patrick Rau, NGI’s Director of Strategy and Research, takes a look at the recent U.S. natural gas production trend, whether it is sustainable into the new year, and what it all means for prices going forward. Acknowledging that the pace…

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.

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…

U.S. crude production held steady last week while demand ticked lower even amid Thanksgiving holiday travel. Oil prices pushed higher Wednesday, though gains developed prior to the government data release. Market speculation that OPEC and its allies could further slash production through this year and into 2023 propelled bulls. Brent crude prices hovered around $85/bbl…

Mexico has big plans to become an LNG export powerhouse, but it might not have the pipelines or available capacity to do so, according to experts. “Is there enough capacity and pipelines to support these projects? I don’t think so,” said the head of the Gadex consultancy, Eduardo Prud’homme, at the LDC Gas Forums’ U.S.-Mexico…

The Department of the Interior (DOI) unveiled a proposed rule on Monday to curb methane pollution from oil and gas operations on federal and tribal lands, in part by imposing royalties on vented or flared natural gas.  The rule drafted by DOI’s Bureau of Land Management (BLM) would require operators to strengthen methane mitigation efforts…

Equitrans Midstream Corp. has flooded a natural gas storage well that had leaked for more than 10 days, releasing over 1 Bcf into the atmosphere, according to preliminary estimates.  Spokesperson Natalie Cox told NGI the leak was discovered on Nov. 6. The company worked through a series of setbacks with Texas-based Cudd Well Control to…

Click here to listen to the latest episode of NGI’s Hub & Flow. NGI LNG editors Jamison Cocklin and Jacob Dick walk listeners through the latest on the Freeport LNG outage.  They discuss when the terminal on the Upper Texas Coast is likely to restart operations after a June explosion knocked the liquefied natural gas…