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.
Seneca Resources has sold off its Gulf of Mexico oil and gas properties in order to concentrate more on the Marcellus Shale. From a press announcement yesterday: Seneca Resources Corporation, a wholly owned subsidiary of National Fuel Gas Company, announced that it has entered into an agreement to sell its offshore Gulf of Mexico oil [...]
Kane Borough Sewer Authority in McKean County, Pennsylvania is planning to sell (sell!) sewer effluent to Seneca Resources for drilling gas wells. Seneca is the oil and gas drilling division of National Fuel Gas Company. Effluent is the treated water discharged from sewage treatment plants. According to a report given by Phil Lingenfelter, the foreman [...]
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