Interfax Energy’s Natural Gas Daily ran a highly interesting and useful article on the advantages of the Marcellus Shale, why it’s attracting capital investments, along with who is ramping up and who is scaling back drilling in the Marcellus. Among the points made in the article:
Seneca Resources, a subsidiary of National Fuel Gas focused on drilling in the Marcellus Shale, issued an update yesterday on its Marcellus drilling operations. Sometimes these press releases are just fluff without much information. Not so with this one. It contains a lot of very interesting information. First the statement by Seneca/National Fuel Gas, then [...]
An in-depth article that takes a look at fines for Marcellus Shale drillers in PA finds the following:
What do we know about the gas well blowout that occurred on June 3rd? EOG Resources had almost completed drilling and fracking a gas well in Clearfield County, Pennsylvania when a blowout (too much pressure too fast) occurred. Here is the chronology of events: The month long drilling operation [in Clearfield County] ended on March [...]
I suppose the headline of this post may have you saying, “It doesn’t take a genius to figure that out.” But how, exactly, does the spot price for natural gas relate to drilling activity? Can we quantify it? Let’s try. In a recent article on an investment blog called Energy & Capital, author Keith Kohl [...]
Three Jay Township supervisors have voted to deny access to water to EOG Resources for drilling in Elk County, Pennsylvania. EOG had requested access to the Bennetts Branch of the Sinnemahoning Creek by driving across township-owned land, specifically near a ball field. According to the Courier-Express/Tri-County Sunday (DuBois) newspaper: During Thursday’s Jay Township Supervisors meeting, [...]
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