Archive for 'Energy Companies'
West Virginia, Pennsylvania and Ohio are all in the hunt to land an ethane cracker plant in their respective states (see the long list of MDN stories on a potential cracker plant in the Marcellus/Utica Shale region). According to WV Commerce Secretary Keith Burdette, Shell and another unnamed company are now in talks with private [...]
Seneca Resources, the exploration and production division of National Fuel Gas Company, just reported their first quarter earnings for 2012. As part of the report, we get the following operational update which shows a 91.5 percent increase in production in Seneca’s Marcellus Shale wells.
In areas where there is active drilling, like northeast and southwest Pennsylvania, near the end of completing a gas well is a process called flaring—when some of the gas and other impurities are burned off. Sometimes flaring a well, which results in a large flame coming out of the well, can be seen up to [...]
Commissioners for Washington County, PA will vote today on modifying an agreement they have with Range Resources to allow drilling for gas at a county-owned park. The revisions will limit how much time Range has to complete drilling and extracting natural gas, and it also ups the royalty percentage.
Cabot Oil & Gas has accused the federal Environmental Protection Agency (EPA) of “cherry picking” old water test data to justify its intrusion into Dimock, PA. For a quick backgrounder on the situation in Dimock and why Cabot is being blamed by some for pollution of a handful of local water wells in the area, [...]
A group of residents from the Dimock, Pennsylvania area have formed a group called “Enough is Enough” to combat the negative image being painted of their quaint, rural town in the Endless Mountains region of northeast PA. A steady drumbeat of negative press over the past three years, instigated by anti-drilling organizations, has created an [...]
MarkWest Energy Partners, a major midstream player in the Marcellus and Utica Shales, just announced major expansion plans that will add an additional 600 million cubic feet per day (mmcf/d) of natural gas processing capacity which includes natural gas liquids (NGLs). Most of the new capacity will come from expansion of its Majorsville, WV plant. [...]
The talk coming from the largest drillers in the Marcellus Shale is that they will scale back drilling activities in the dry (methane only) portions of the Marcellus Shale play and instead focus on the wet (liquids-rich) portion. Ever wonder where, exactly, the liquids-rich area can be found? We now know where it is for [...]
Magnum Hunter, a Houston, TX-based independent exploration and production company, issued an operational update for Q4 2011 yesterday. Following is the section reporting on their drilling operations in the Appalachian/Marcellus region:
Last September, Dominion Resources filed an application with the Department of Energy (DOE) to begin exporting liquefied natural gas from its Cove Point terminal in Maryland—up to 1 billion cubic feet of gas per day (see this MDN story). Dominion Resources CEO Thomas Farrell said last Friday he believes the permit will be issued later [...]
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 [...]
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 [...]