by Tyler Herget | Oct 16, 2019 | HBP
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...
by Tyler Herget | Oct 13, 2019 | HBP
“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...
by Tyler Herget | Oct 11, 2019 | HBP
The Rule of Capture has been a foundational concept of oil and gas prospecting for 150 years. The Rule of Capture exists to provide an affirmative defense to drillers when they tap into oil and gas pockets that cross property lines. As fictional oilman Daniel...
by Tyler Herget | Oct 10, 2019 | HBP
The Marcellus and Point Pleasant-Utica Shale plays in the Appalachian Basin contain an estimated mean of 214 trillion cubic feet of undiscovered, technically recoverable continuous resources of natural gas, according to new U.S. Geological Survey assessments. The...
by Tyler Herget | Oct 7, 2019 | HBP
Philadelphia, Pa. (KDKA) — A Pennsylvania senator says the damage caused by fracking outweighs any economic benefit. Fracking for natural gas in the Marcellus shale has been a source of jobs and dollars for many in Southwest Pennsylvania. Pennsylvania State Sen....
by Tyler Herget | Sep 14, 2019 | HBP
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...
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