EXCO Resources Fined $160K by EPA for Injection Well Incident

EXCO Resources was fined $160,000 last week by the federal Environmental Protection Agency for an incident that occurred at an injection well last year in western Pennsylvania.

First Reserve Invests in Two PA Marcellus Gas Pipelines

More pipeline news. First Reserve, an investment company that invests primarily in the energy industry, has just pumped $100 million into a joint venture that will give it 50% ownership in two new pipeline gathering systems in Greene and Clearfield counties in Pennsylvania. Both pipelines service the Marcellus Shale drilling industry in those areas.

Triana Energy and Marathon Oil Join Forces in Deal to Drill 350 Wells in the Marcellus Shale in PA and WV

Triana Energy is stepping up its commitment to drilling in the Marcellus Shale by entering into a partnership with Marathon Oil. From the official press release:

Gas Well Blowout in Clearfield County, PA Causes “Modest” Environmental Damage

Rex Energy has Already Drilled 4 Wells in Butler County, PA in 2010, On Track to Complete 6 More by Year’s End

The following operational updates about Rex Energy Corporation’s Marcellus drilling activity thus far in 2010, from a company press release: Butler County, Pennsylvania Marcellus Project Area Drilling and completion activity in Rex Energy’s Marcellus Shale project area in Butler County, Pennsylvania is continuing to progress on schedule. The two ‘Magill’ horizontal wells completed by the [...]

Nytis Exploration Sells Lease for 11,657 Acres in the PA Marcellus to Northeast Natural Energy

Rex Energy Drills 7 Horizontal Gas Wells in the Marcellus in 2009, Expects to Drill Another 19 in 2010, Controls 67,000 Acres

Energy Company EQT Buys Rights to 58,000 Acres in PA, Now Holds 500K Net Acres in the Marcellus Shale