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Range Zags, Keeps Production Even in 1Q24, Happy to Stay in M-U

Range Resources Corporation, the very first company to drill a shale well targeting the Marcellus Shale layer in Pennsylvania (in 2004), issued its first quarter 2024 update earlier this week. Unlike other large Marcellus/Utica drillers, Range is holding its production flat (not decreasing). The company zags while everyone else zigs. During 1Q, Range produced 2.14

Pennsylvania , United-states , Marcellus-utica , Resources-corporation , Marcellus-shale , Range-resources , She-goes , Energy-companies , Range-resources-corp ,

16 New Shale Well Permits Issued for PA-OH-WV Apr 15 – 21 | Marcellus Drilling News

Two weeks ago, during the week of April 8 -14, 17 new permits were issued to drill in the Marcellus/Utica (see 17 New Shale Well Permits Issued for PA-OH-WV Apr 8 – 14). Last week, for the week of April 15 - 21, 16 new permits were issued. However, the composition of where the permits

Pennsylvania , United-states , Tyler-county , West-virginia , Guernsey-county , Ohio , Fayette-county , Harrison-county , Greene-county , Marion-county , Wetzel-county , Marcellus-utica

Court Orders Austin Master to Clean Up Martins Ferry Frack Waste

One month ago, Ohio Attorney General Dave Yost took legal action seeking to force Austin Master Services (AMS), a radiological waste management solutions company operating in Belmont County, OH, to correct “egregious violations of Ohio law” regarding the storage of oil and gas waste that he says threatens the Ohio River and Martins Ferry’s drinking

Ohio , United-states , Belmont-county , Dave-yost , Belmont-county-common-pleas-court , Austin-master-services , Ohio-attorney-general-dave-yost , Ohio-river , Martins-ferry , Unsafe-storage , American-energy-partners-inc- , Energy-companies

Energy firms, volunteers, students restock trout in Big Wheeling Creek

In celebration of Earth Day, which was earlier this week, energy companies Southwestern Energy and Williams partnered to host a community trout stocking and Big

Southwestern-energy , Earth-day , Big-wheeling-creek , Elm-grove-elementary , Trout , Volunteers , Students , Cleanup , Energy-companies , Williams ,

EQT Disses Haynesville in Jab at Chesapeake/Southwestern Merger

EQT Corporation, the largest natural gas producer in the U.S. (100% focused on the Marcellus/Utica), released its first quarter 2024 update yesterday. The company produced 5.87 Bcf/d (billion cubic feet per day) of natural gas in 1Q. Executives said they will continue the current curtailment (reduction) of 1 Bcf/d, in place since late February, until

Marcellus-utica , Equitrans-owned-mountain-valley-pipeline , Cng-lng , Electrical-generation , Energy-companies , Eqt-corp , Industrywide-issues ,

Toby Rice: NatGas Currently Oversupplied, But New Demand Coming

Following yesterday's conference call with analysts to discuss EQT's first quarter performance, CEO Toby Rice appeared on CNBC to answer questions (watch the segment below). As he did during the quarterly update call, Rice once again zeroed in on new demand markets coming from gas-fired power plants in the Southeastern U.S. He also said the

Electrical-generation , Energy-companies , Eqt-corp , Industrywide-issues ,

Deep Well Services & CNX Partner to Launch Flowback Services Co.

Two of our favorite companies in the Marcellus/Utica, one a driller (CNX Resources) and the other an oilfield services company (Deep Well Services), have partnered in a joint venture, creating a new company called AutoSep Technologies. The new JV uses groundbreaking new technology developed in CNX's New Technologies unit that targets flowback, the "junk" that

Marcellus-utica , Deep-well-services , Cnx-resources , Energy-companies , Energy-services , Industrywide-issues , Wastewater ,

EQT Quadruples Deal to Send Gas to LNG Export Plant in S. Texas

Yesterday, a major announcement went largely under the radar. EQT Corporation, currently the largest natural gas producer in the U.S., announced it will quadruple a deal with Glenfarne Energy’s Texas LNG Brownsville export facility to liquefy (now) 2.0 million tons per annum (MTPA) for EQT. This works out to be roughly 264 million cubic feet

Texas , United-states , Mexico , Marcellus-utica , Glenfarne-energy-texas , Glenfarne-energy , Cng-lng , Energy-companies , Eqt-corp , Exporting , Industrywide-issues ,

Encino Gets $300M from Canada Pension Plan to Fund Utica Oil Dev

Encino Energy is one of the big success stories of drilling for oil in the Ohio Utica Shale. Roughly 5 ½ years ago, Encino Energy, in partnership with the Canada Pension Plan Investment Board (CPP Investments), closed on buying Chesapeake Energy’s Ohio Utica assets for $2 billion (see Encino Takes Over from Chesapeake in Ohio

Ohio , United-states , Canada , Encino-utica , Chesapeake-energy-ohio-utica , Encino-energy , Ohio-utica , Canada-pension-plan-investment-board , Chesapeake-energy , Encino-takes-over , Big-plans , Chesapeake-did

Investors Not Convinced re EOG's Utica Shale Drilling Program

Here's something we had not previously heard: Investors (at least some investors) have "mixed or negative sentiment towards EOG Resources, particularly concerning its activities in the Utica Shale." Some investors, according to Investing.com, are unsure that EOG's Utica operation will perform well for the company and may be a drag on the company. An analyst

Utica-shale , Energy-companies , Eog-resources , Ohio , Statewide-oh ,