Shale Daily

More than 800 Chesapeake Energy Corp. employees were laid off on Tuesday as CEO Doug Lawler continues to make over the company that Aubrey McClendon built (see related story).

Negotiations continued Monday between New Brunswick officials and protesters opposed to shale development in the province, with the hope of lifting an anti-shale blockade that has obstructed a highway and vehicles owned by Southwestern Energy Co. (SWN) for more than a week.

The Lone Star State's Rainy Day Fund purse has grown fat from oil and gas tax revenues, and that's expected to continue as Texas drillers drive production…

Industries dependent on the Marcellus Shale employed nearly 232,000 workers in Pennsylvania during 1Q2013, according to a monthly report by the state Department of Labor & Industry's Center for Workforce Information & Analysis (CWIA).

The Henry Hub spot price for natural gas is expected to increase to $4.00/MMBtu next year, compared with an estimated $3.71/MMBtu this year and an average $2.75/MMBtu in 2012, according to the U.S. Energy Information Administration (EIA). Those projections are both higher than EIA had expected last month, when it estimated 2013 to be $3.68/MMBtu and 2014 to be $3.91/MMBtu.

Magellan Midstream Partners LP plans to construct a new pipeline origin point at Barnhart, TX, to accept crude oil shipments on the partnership’s Longhorn pipeline. The new point will be 75 miles east of the pipeline’s Crane, TX, origin and is expected to begin receiving crude oil in early 2015. The project is expected to cost…

Millennium Pipeline Co. LLC said Monday it has received approval from FERC to construct the proposed Hancock Compressor project in the town of Hancock in Delaware County, NY. The addition of the compressor station will allow for more Marcellus Shale gas to be pumped north to demand centers in the Northeast.

FERC staff Friday issued a favorable draft environmental impact statement (DEIS) for Transcontinental Gas Pipe Line’s (Transco) proposal to build a $182 million expansion of its system to meet growing natural gas demand in New York City and the Rockaways with Marcellus Shale gas supplies.

As FirstEnergy Corp. prepares to deactivate two coal-fired power plants in southwestern Pennsylvania, the heart of the Marcellus Shale, the commissioner of the state Public Utility Commission (PUC) is asking lawmakers and company officials why more consideration wasn’t given to switching the plants’ source fuel to natural gas.