Ryan Energy Services in WV Files for Ch. 11 Bankruptcy Protection
Ryan Energy Services, headquartered in Bridgeport, WV (with 130 employees), works throughout the Marcellus/Utica providing environmental consulting, remediation, cleaning services, emergency spill response, hydrocarbon lab services, corrosion services, well services, general roustabout, and both steel and poly pipeline construction. A full suite of services and solutions!
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The New York City law firm that found one Cabot Oil & Gas investor to become the lead plaintiff in what they hoped would become a class action lawsuit against Cabot for securities fraud has dropped the lawsuit. Apparently the law firm couldn’t find enough other investors to sign on.
After a couple of weeks of double-digit gains in the Enverus national rig count, last week the count slipped backward by 3 (for the week ending Oct. 7). The Marcellus lost two rigs last week. The Haynesville, a gassy shale play in Lousiana and competitor to the Marcellus/Utica, picked up 2 rigs.
Big Green groups in Pennsylvania, funded by shadowy billionaires and in some cases, foreign money (see 
In September, the new owner of Magnolia LNG, investment firm Glenfarne Group, along with Kinder Morgan (which plans to build a pipeline to the Magnolia facility), asked the Federal Energy Regulatory Commission (FERC) to extend the time to build the project (see 
MARCELLUS/UTICA REGION: Upcoming deadline for renewal of Ohio land professional registrations; Banks reaffirm Southwestern Energy’s line of credit for $1.8 billion; OTHER U.S. REGIONS: LNG exports resume from Sabine Pass and Cameron terminals as another hurricane approaches; NATIONAL: On fracking, Senator Harris wants to have it both ways; Chevron doubles down on renewable natural gas; U.S. crude output to fall less in 2020 than previously forecast; INTERNATIONAL: Royal Dutch Shell energy transition woes; When natural gas prices rise, Russia’s Nord Stream 2 will get a second wind.