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The top executive of Range Resources Corp., one of the largest natural gas producers in the United States, said again on Tuesday that not enough is being
Not all that long ago Cabot Oil & Gas (now Coterra Energy), Southwestern Energy, BKV Corporation, and Diversified Energy were all pure play drillers focused just on the Marcellus and/or Utica Shales. Today all of them own assets in other basins in addition to the M-U. However, the very first company to sink a Marcellus
Last week, for June 20-26, the number of new permits issued to drill in the Marcellus/Utica decreased just a bit to 29 (from 34 the week prior). Pennsylvania issued 15 new permits, all but one in southwestern PA. Five of PA's permits went to PennEnergy Resources in Butler County, four to Range Resources in Washington
Two weeks ago a pathetically low six new permits were issued to drill shale wells across Pennsylvania, Ohio, and West Virginia (see 6 New Shale Well Permits Issued for PA-OH-WV May 23-29). Last week the number improved--with 20 new permits issued. PA had 13 permits with Range Resources, Olympus Energy, and Pennsylvania General Energy all
We spotted a story on The Motley Fool investor's website yesterday noting that several Marcellus/Utica publicly-traded drillers saw "double-digit" increases in their share price just yesterday, for a single day. The article highlights both Range Resources and Southwestern Energy. We started nosing around to see how the stock price for all of the big publicly-traded