Tom Shepstone Shepstone Management Company, Inc. It’s hard to imagine a more despicable demagogic pol than Eric Schneiderman, New York’s wild-eyed Attorney General and NRDC shill. But, Russian oil money? Eric Schneiderman may be the nastiest, most under-handed politician in America. He promotes and does the dirty work of the NRDC gang. He harasses tiny…
With 11 new critical interstate pipeline projects brought online in 2016 and another 25 under development or scheduled for completion this year – according to a new report from the federal Energy Information Administration – our region is making important progress on getting the needed pipeline infrastructure in place to move more clean-burning, Pennsylvania-produced natural…
Carbon Natural Gas Company, through its affiliate Carbon Appalachian Company, teased in a press release issued yesterday that the company has just completed the acquisition of “natural gas producing properties and related facilities” located “predominantly in the State of West Virginia” for $21.5 million. The release does not identify the seller–but MDN believes we know…
Pin Oak Energy Partners acquired 10 wells in Ohio and Pennsylvania, 7,700 acres of leases, 22 miles of pipeline and an office in Hermitage. The post Pin Oak Energy acquires wells in Utica shale appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter
Institute for Energy Research …. …. Solar energy makes sense when it’s not subsidized with net metering scams but sales dependent on those scams are being squeezed out as they are phased out. Rooftop solar installations have seen explosive growth, but that growth explosion is expected to change this year. Bloomberg News Energy Finance…
According to one of the top accounting/consulting firms in the world, PricewaterhouseCoopers (PwC), mergers & acquisitions (M&A) activity in the oil and gas sector in the U.S. went from being red hot in 1Q17 ($73.04 billion) to just hot in 2Q17 ($37.01 billion). While some in the financial (and oil/gas community) may view the weaker…
Jim Willis Editor & Publisher, Marcellus Drilling News (MDN) … … Millennium Pipeline asks FERC to intervene and issue them a Notice to Proceed after Gov. Cuomo and NY DEC refuse to approve the necessary permits. This is it folks. This is the case that will crush New York Gov. Andrew Cuomo’s blockade of important pipeline projects…
EQT Corp. has suspended its test drilling in the Utica Shale ahead of improvements that the company is anticipating with its upcoming $6.7 billion acquisition of Rice Energy. The Pittsburgh-based natural gas driller announced the move Thursday in a line with its second-quarter earnings report. EQT (NYSE: EQT) executives are expected to discuss the Rice…
According to a new industry report, there was more than $10 billion in mergers and acquisitions in the Marcellus region in Q2 2017. The report, from PwC, noted a total of $10.2 billion in deals in the Marcellus region, part of $37 billion in total oil and gas deals during the same period. In the…
This week, Thailand-based firm PTT Global Chemical (PTTGC) America announced it would purchase land along the Ohio River in Belmont County for $13.8 million to build a proposed $6 billion ethane cracker plant. The processing plant will support the record-breaking natural gas production coming out of Ohio by allowing a valuable component of the natural…
Jim Willis Editor & Publisher, Marcellus Drilling News (MDN) … … New England is facing a bleak energy future according to its electric grid operator. Gentry class fractivists are stealing it blind as they kill pipelines. Last December, Spectra Energy pushed the pause button on their Access Northeast Pipeline project, a roughly $3 billion project in New…
A House Committee on Natural Resources Subcommittee on Energy and Mineral Resources hearing held Thursday highlighted the tremendous importance of oil and gas development on federal lands, as well as what needs to be done to address issues currently limiting this development. Witnesses from three states with substantial oil and gas development on federal lands…
The acquisition marks the second of its kind for Ridgetop Energy. The post Ridgetop Energy acquires Keystone Wireline Inc. appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter
Jim Willis Editor & Publisher, Marcellus Drilling News (MDN) … … Fractivists have succeeded (barely) in employing the Pennsylvania Supreme Court as a disruptive weapon against natural gas development in the Commonwealth. As they so often do, radical environmentalists are creating chaos and confusion; this time in Pennsylvania. As MDN reported, earlier this week the Pennsylvania Supreme…
Tom Shepstone Natural Gas NOW … … River basin commissions created by compacts to coordinate water resource planning have become greedy bureaucratic empires thirsty for ever more control. There is battle for sovereignty going on this country between states and river basin commissions they created long ago to jointly develop water resources. It’s like a…