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Marcellus Drilling News
  • Carroll County | Encino Energy | Energy Companies | Ohio

    Encino Looks to Expand Drilling Under & Around Leesville Lake, OH

    October 24, 2024October 24, 2024

    Encino Energy wants to establish new oil and gas wells on Leesville Lake lands owned by the Muskingum Watershed Conservancy District (MWCD) in Carroll County. The conservancy district’s board of directors is expected to consider a lease agreement with the company’s Ohio affiliate at its meeting tomorrow. The left is apoplectic. The MWCD manages over 54,000 acres of land in Ohio. Over the past decade, the MWCD has leased over half of that land for shale drilling. This isn’t the conservancy’s first rodeo with shale drillers. Encino is one of four operators the MWCD has leased with and is the largest of the four that leases MWCD-owned acreage. Read More “Encino Looks to Expand Drilling Under & Around Leesville Lake, OH”

  • Energy Companies | Pennsylvania | Range Resources Corp | Washington County

    Range Resources Celebrates 20th Anniv. of Very First Marcellus Well

    October 24, 2024October 24, 2024

    What seemed like a failed exploration in the early 2000s turned into a global economic and geological treasure that helped turn the U.S. into the largest natural gas producer in the world. Thanks to the grit, determination, and belief that there was more to explore, the Range Resources team of 2004 successfully completed the first viable Marcellus Shale exploratory well – the Renz #1 – in Mt. Pleasant Township, Washington County, PA. Range personnel and other officials gathered earlier this week to mark the anniversary and view a new historical landmark plaque that will be installed at the Renz well site next spring. Read More “Range Resources Celebrates 20th Anniv. of Very First Marcellus Well”

  • Energy Companies | Range Resources Corp

    Range 3Q Update: Adding 47 Wells in 2024, NGLs Boost Revenue

    October 24, 2024October 24, 2024

    Range Resources Corporation, the very first company to drill a shale well targeting the Marcellus Shale layer in Pennsylvania (in 2004), issued its third quarter 2024 update yesterday. Range produced 2.2 Bcfe/d in Q3. The company said it now expects 2024 production to average 2.17 Bcfe/d, up ~2% over the last three years as a result of well performance and optimized gathering and compression. Liquids are expected to comprise more than 30% of production and a big reason why the company made $50.6 million in profit for the quarter. Read More “Range 3Q Update: Adding 47 Wells in 2024, NGLs Boost Revenue”

  • Energy Companies | EQT Corp | ESG | Industrywide Issues

    EQT Hits “Net Zero” Scope 1 & 2 Emissions Targets Early

    October 24, 2024October 24, 2024

    Yesterday, EQT announced that the company had reached so-called “net zero” emissions for Scopes 1 and 2 more than a year earlier than planned. The milestone includes assets purchased and added to the company from Alta Resources and Tug Hill/XcL Midstream. However, it does not include the assets added from the Equitrans Midstream merger in July. The company has replaced over 9,000 pneumatic devices, electrified its fracking fleet, and implemented new technologies to monitor methane emissions. According to EQT, it has paid off. Read More “EQT Hits “Net Zero” Scope 1 & 2 Emissions Targets Early”

  • Electrical Generation | Energy Companies | Industrywide Issues | Shell

    Shell Buys Gas-Fired Power Plant Near Providence, Rhode Island

    October 24, 2024October 24, 2024
    Rhode Island State Energy Center (click for larger version)

    Shell signed an agreement to buy 100% of RISEC Holdings’ 609-megawatt (MW) two-unit combined-cycle gas turbine power plant located near Providence, Rhode Island. Which we find interesting—that Rhode Island (of all places) still has a large gas-fired power plant operating. We thought the commies who run Rhode Island would have killed such a plant long ago! But no. Shell bought the plant out of self-interest. The company supplies natural gas to the plant. So now, Shell is the owner and customer all wrapped up in one. Read More “Shell Buys Gas-Fired Power Plant Near Providence, Rhode Island”

  • CNG/LNG | Industrywide Issues

    Don’t Tell the Left: Some Trains Already Transport LNG Every Day

    October 24, 2024October 24, 2024

    Here’s something the radical left in mainstream media that demagogues LNG-by-rail either doesn’t know or is covering up: There are some trains *already* transporting LNG on rail cars today, despite a ban on the practice by the Bidenista. How? Some trains use LNG as fuel for the locomotive engines that pull the train. The LNG is stored in a specially outfitted rail car, the same type of car now banned by the Pipeline and Hazardous Materials Safety Administration (PHMSA). LNG-for-fuel is being used by at least one railroad (in Florida) every single day. Meaning all of the howling from the left about “bomb trains” hauling LNG through populated communities is nonsensical garbage. Read More “Don’t Tell the Left: Some Trains Already Transport LNG Every Day”

  • Best of the Rest

    Other Stories of Interest: Thu, Oct 24, 2024

    October 24, 2024October 24, 2024

    NATIONAL: Greenway Technologies announces gas to hydrogen system; US DOE offers additional $2 billion for grid expansion, upgrades; Biden’s climate splurge gives billions to nonprofit newbies; JPMorgan eyes physical LNG trading after Dimon hails boon; The market is pricing in another ‘warm winter’ for natural gas; The hierarchy of Democratic deceit. Read More “Other Stories of Interest: Thu, Oct 24, 2024”

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