Home / Shale News / Marcellus Shale News (page 5)

Marcellus Shale News

UMH to host Athlete Signing with Jason Gildon

Jason Gildon, UMH

UMH Properties, Inc. is delighted to announce it will be hosting an autograph signing with Pittsburgh Steelers standout Jason Gildon. An Oklahoma State alumnus, Jason played as a linebacker for the Steelers from 1994 to 2003 and for the Jacksonville Jaguars in 2004. In 2000, 2001 and 2002, he was picked three times for the Pro Bowl, and he still ...

Read More »

Maryland’s minimum wage to rise 50 cents to $8.75

ANNAPOLIS, Md. (AP) — Maryland’s minimum wage and the state’s gas tax are going up. Here’s a look at some new laws that take effect Friday: MINIMUM WAGE Maryland’s minimum wage will rise from $8.25 to $8.75. It’s the latest bump scheduled to take effect since lawmakers in 2014 approved increases over several years from $7.25. It is scheduled to ...

Read More »

Budget makers eye revival of natural gas gross receipts tax

Pennsylvania budget

HARRISBURG, Pa. (AP) — Budget makers in an 11th-hour search for cash to support a deficit-strapped budget are considering reinstating a gross receipts tax on natural gas sales in Pennsylvania, senators said Thursday. The idea is one of several that have been brought up in budget negotiations with Democratic Gov. Tom Wolf, and House and Senate Republican majority leaders have ...

Read More »

Top 5 Marcellus Stories of the Week, June 11-17

marcellus top 5

Just in case you missed this week’s headlines, here’s a summary of what our Marcellus readers found most engaging this week: Technology is always at the forefront of oil and gas operations. Here’s one way to get around those carbon emissions regulations. What will the future hold? Scientists turn carbon dioxide into harmless stone 2. Those opposed to oil and ...

Read More »

Chesapeake halts Marcellus and Utica drilling

natural gas drilling rig

Yesterday Chesapeake Energy (NYSE:CHK) stock bounced back after its quarterly report was released. Investor confidence increased as assets were sold off and the company’s liquidity increased. Chesapeake should be able to pay its upcoming debts with the cash from the asset sales. Agreements to sell $700 million in gas fields and other assets were made. The company plans to sell between ...

Read More »

Turn your tax refund into a smooth move

Drops of sweat form at the temples. Pulses skip a beat. As April 15th nears, many taxpayers are scrambling to file their federal state and tax returns. But if you’re one of the nearly 80% of Americans who will receive a refund of hundreds—or even thousands—of dollars, you’re doing a happy dance. Now, the question is, what’s the best way ...

Read More »

Marcellus jobs market takes another beating

rig worker

Low natural gas prices just keep hitting oil and gas industry workers in the Marcellus Shale. The state Department of Labor figures show 2,262 fewer oil and gas jobs when comparing quarter two of 2015 to 2014. Cabot Oil and Gas announced in a press release  a 58 percent reduction to $325 million as opposed to $774 in 2015. The ...

Read More »

Sourcewater – helping SWDs stay afloat in turbulent times

Among the many challenges operators face in this down-market, produced water management remains their single largest operating expense. Across the board, onshore E&P’s have significantly reduced capital investment – rig counts are down and operators have high-graded assets. Yet, while ongoing declines in the price of oil further suppress drilling and completion activity, the constant stream of produced water from ...

Read More »

No fracking pits allowed under new DEP regs for oil and gas industry

The Pennsylvania Department of Environmental Protection on Wednesday made available thousands of pages of documents outlining new rules for the oil and gas industry. Among the trove of public documents are increased regulations for unconventional drillers, which apply to companies extracting natural resources from the Marcellus Shale. All of it can be found here. Some of the biggest changes include ...

Read More »

State regulators reject requests to toss out Keystone XL

PIERRE, S.D. — State regulators could make a decision as early as next month on whether to again approve the South Dakota portion of the Keystone XL pipeline. The state Public Utilities Commission denied requests Tuesday to throw out the pipeline project. Opponents argued that President Barack Obama killed the pipeline in November. William Taylor is an attorney for TransCanada ...

Read More »