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Pennsylvania permitting plummets as natural gas producers pull back
Still under pressure from investors to throttle back spending in the face of low natural gas prices, Pennsylvania shale gas drillers pulled 23% fewer permits for new wells in August compared with 2018 and 14% fewer permits compared with July. The single biggest...
Utica Summit hears Shell cracker update
By Shane HooverCantonRep.com staff writer Posted Oct 10, 2019 at 4:58 PM Michael Marr, of Shell Appalachia, gives an update on Shell's cracker plant in western Pennsylvania on Thursday to attendees of Utica Summit VII at Walsh University's Barrette Business and...
Range Resources announces asset sales, $100M stock buyback program
Oct. 21, 2019 11:01 AM ET|About: Range Resources Corporation (RRC)|By: Carl Surran, SA News Editor Range Resources (RRC +1.2%) unveils several deals it says demonstrate "continued success in enhancing balance sheet strength through debt reduction and...
Competitive Advantages: Power Plant Wins with Low Fuel Costs, High Efficiency
The cost of fuel is one of the most important factors affecting power plant profitability, but flexibility and efficiency are also vitally important to success. One impressive new plant in Ohio—the Lordstown Energy Center—is positioned to profit from inexpensive gas...
Pittsburgh International Airport to Tap Marcellus Shale for Microgrid
Jamison Cocklin October 21, 2019 Pittsburgh International Airport (PIA) has awarded a 20-year contract to utility Peoples Natural Gas to build and operate a microgrid to power its entire campus. The microgrid would be powered by Marcellus Shale wells on airport...
Report Finds $1.1 Trillion in Energy Savings Due to Significant Natural Gas Production in Shale Crescent USA Region
NEWS PROVIDED BY Shale Crescent USA Oct 21, 2019, 08:00 ET MARIETTA, Ohio, Oct. 21, 2019 /PRNewswire/ -- Natural gas end-users, which include American households, businesses, manufacturers, and electric power generators, have realized $1.1...
Natural Gas Fell Back Into The Buy Zone
Summary The lowest level since 2016 in August. The rally came too early. Inventories rise above the 2018 pre-withdrawal season peak. Buying on a scale-down basis for the winter months - a bullish reversal on Oct. 3. UGAZ for short-term trades on the long side of the...
Pennsylvania landowners share the pain of low natural gas prices
Stubbornly low natural gas prices are leaving Pennsylvania property owners, big and small, with diminished royalty checks even as record amounts of gas are pulled from the commonwealth’s shales. The price slump has left shareholders angry and companies promising...
Officals: Completion of pipeline projects vital to WV’s success
CHARLESTON — The completion of the two major pipeline projects underway in West Virginia is an essential element of continuing to grow and develop the oil and gas industry, according to stakeholders. While Dominion Energy’s Atlantic Coast Pipeline project is currently...
U.S. Natural Gas Reserves Continue To Soar
“Watching our estimates for the Marcellus rise from 2 trillion, to 84 trillion, to 97 trillion in under 20 years demonstrates the effects American ingenuity and new technology can have,” USGS director Jim Reilly, October 3, 2019 Ever since the U.S. shale...
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