The United States will account for 40 percent of the world’s new natural gas production by 2022, according to a new International Energy Agency study released today, and the Marcellus Shale is playing a big role in that growth. America’s gas production growth was specifically tied to the Marcellus region, according to the study. The…
Pennsylvania’s natural gas drilling held steady last week. Baker Hughes weekly rig count finds Pennsylvania remaining at 34 working in the Marcellus and Utica shales, the same number since June 9, when it rose by one. West Virginia remains steady at 13 rigs working, as did Ohio at 27. The most drilling is in the…
Nick DeIuliis says that the Trump administration sees many uses for Utica and Marcellus shale, from manufacturing in the tri-state region to exports to foreign allies. Continue Reading: Energy & the Environment News – Energy News Headlines | Bizjournals.com
We may be having an identity crisis in Pittsburgh. At a recent conference for oil, gas and petrochemical industry professionals here, our region was referred to in at least three different ways: “Appalachia,” the “Marcellus/Utica basin,” and the “Northeast.” These monikers create different impressions of geography and attributes for each of us. Why does it…
A new study released Tuesday by the American Petroleum Institute predicted two million new jobs coming from the natural gas industry by 2040. The natural gas industry, along with other related economic activity, now employs four million Americans from drilling to pipeline construction. The report, based on projections from the Energy Information Administration, also predicted…
The Mountain Valley Pipeline has received its final environmental review ahead of a vote on the 304-mile project carrying Marcellus Shale natural gas through West Virginia and Virginia. The environmental assessment was released Friday by the Federal Energy Regulatory Commission (FERC), which regulates interstate pipeline construction. The pipeline, which will have the capacity of 2…
The impacts of another potential downturn in the region’s natural gas industry still recovering from the 2015 slowdown came up as a concern in a panel Wednesday. Executives said that low natural gas prices are having a crushing effect on natural gas companies, which have cut back on drilling rigs and laid off thousands of…
An oil and gas company already one of the region’s most active drillers has bought an Ohio shale-drilling powerhouse for $6.7 billion, creating a monster in the domestic natural-gas industry. EQT Corp. announced the planned acquisition of Rice Energy Inc. on Monday. Both companies are especially active in the Marcellus shale in nearby southwestern Pennsylvania,…
Marks second acquisition for Canonsburg-based startup focused on Marcellus and Utica plays. Continue Reading: Energy & the Environment News – Energy News Headlines | Bizjournals.com
Cardinal Midstream CEO Doug Dormer told the Dallas Business Journal which shale the firm’s third fund will be focusing on after selling an interest in the Marcellus to ETP. Continue Reading: Energy & the Environment News – Energy News Headlines | Bizjournals.com
Its natural gas assets in southwestern Pennsylvania will be acquired by HG Energy. Continue Reading: Energy & the Environment News – Energy News Headlines | Bizjournals.com
Houston-based Noble Energy Inc. (NYSE: NBL) announce May 18 plans to sell its stake in a Marcellus midstream master limited partnership for $765 million in cash. The deal, which is expected to close in the third quarter, comes less than a month after Noble announced a $1.2 billion deal to sell all of its upstream…
It’s as if Annemarie Torrez was waiting her entire life for the shale gas boom. She earned an undergraduate degree in engineering from the University of Pittsburgh and worked for Chevron in San Francisco. She then earned a law degree in a night school program at the University of San Francisco. In 2011, with nearly…
Drilling activity is building in the Utica Shale, with another rig starting work last week even as the Marcellus drilling remained at the same level as it has since the beginning of the year. Baker Hughes’ latest rig count shows the same number of rigs running in the Marcellus, 43, as in recent weeks while…
May has been a month of new starts and narrowing portfolios for Texas energy companies so far. Swift Energy has changed its name and found its way onto the New York Stock Exchange, while Noble Energy is selling upward of a billion dollars in Marcellus upstream assets, and Flotek sold off its drilling technologies business….