Archive for January 27th, 2012

Cabot Letter to EPA: You Need to Rethink Dimock Decision

Cabot Oil & Gas President & CEO Dan Dinges sent a letter yesterday to federal Environmental Protection Agency (EPA) Administrator Lisa Jackson about the EPA’s sudden change of plans concerning the situation in Dimock, PA (the full letter is embedded below). The upshot of the letter? You need to rethink your recent decision to interfere […]

Obama Takes Credit for Shale Gas Drilling in Election Year

In a Wall Street Journal op-ed earlier this week (We Don’t Need More Foreign Oil and Gas), Obama supporters and long-time Democrat flacks John Podesta and Tom Steyer tried to make the argument that we don’t need Canada’s oil (and natural gas) because we now have enough of our own, thank you very much. Apparently […]

EQT Production Up 44% in 2011, Suspends Huron Shale Drilling

Pittsburgh-based EQT Corp. released 2011 results yesterday. Because of the prolific gas volumes in the Marcellus Shale, EQT reports production for natural gas was up an astonishing 44 percent over 2010. Some 42 percent of EQT’s production is from the Marcellus, which was up 18.9 percent last year. EQT reports drilling 222 gross wells in […]

CONSOL Will Spend $130M Less on Marcellus Drilling in 2012

CONSOL Energy, the coal and natural gas giant with drilling operations in the Marcellus and Utica Shales, released it’s fourth quarter results along with a year-in-review yesterday. Even though the price of natural gas steadily declined during 2011, CONSOL was able to pay off all of its short term debt and ended the year with […]

Marcellus & Utica Shale Story Links: Fri, Jan 27, 2012

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:

 

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