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Range SWPA Production Takes Hit After MarkWest Plant Explosion
Range Resources issued an updated 2018 (not 2019) capital spending and operational update yesterday to say (a) they spent about $20 million less last year than originally forecast and (b) the company took a hit on production because of an outage at the MarkWest Houston/Harmon Creek processing facilities.
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Although Snyder Brothers Inc. valiantly fought a legal battle against the Pennsylvania Public Utility Commission (PUC) over paying impact fees (taxes) on low-producing “stripper wells,” they lost. But it wasn’t just Snyder Bros. withholding impact fees on stripper wells.
In typical lib Dem thinking, Pennsylvania Gov. Tom Wolf thinks he can wave his magic Executive Order wand and lower so-called greenhouse gas emissions (carbon dioxide and fugitive methane) to help save Mom Earth.
New England refuses to build new natural gas transmission pipelines to carry abundant, cheap, clean-burning Marcellus Shale gas to the region–and instead continues to rely on imported LNG from Russia and burning dirty fuel oil to generate electricity when the nights get really cold.
The results are in from a recently released 2018 Oil & Gas Midstream Services Customer Satisfaction Survey conducted by EnergyPoint Research. This year’s top overall rating for the country’s best midstream (i.e. pipeline) company goes to…
Rep. Greg Vitali named Democrat Chair of PA House Environmental Committee; Gas drilling down in the Piceance; Natural gas prices, production, consumption, and exports increased in 2018; The US can be a top three global LNG exporter before 2020; WoodMac: gas prices to drop as LNG FIDs hit record figures in 2019; Europe is fast-becoming a natural gas battleground for Russia and the US; Germany wobbles on Russian gas pipeline as Trump pressure starts to bite; Oil markets are in for wild ride in 2019.
Chesapeake Energy has just released details of new deals to keep in place its CEO and four executive vice presidents for the next three years, paying them all big bucks to stick around.
It’s that time of year when the prognosticators haul out the ole crystal ball and make predictions about what’s ahead for the coming year.
