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Tag Archives: marcellus shale

In gas drilling country, the honeymoon is over on royalties

gas drilling, royalties, Marcellus

WYALUSING, Pa. (AP) — Jan Brown pores over his royalty statement and wonders where all the money went. A few months ago, the nation’s second-largest natural gas producer siphoned $2,201 worth of gas from his 240-acre property — but paid him only $359 after taking deductions for transportation and processing. Brown, 59, who relies on the royalties as his sole ...

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Conventional oil and gas producers band together to survive

Stan Berdell says his company, BLX Inc., is like a barrel of water. “It’s got a leak in it and it’s dripping every day. If we don’t do something, it’s going to be empty one day.” Conventional oil and gas producers are experts at pessimistic metaphors. They’ve been edged off their perch by large companies tapping the Marcellus and Utica ...

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PennEast pipeline project moving forward with route changes

A new pipeline to bring natural gas from the Marcellus Shale to customers in Pennsylvania and New Jersey is moving forward. On Tuesday, the first-year anniversary of the date PennEast Pipeline Co. officially announced the project, representatives from the company met with The Citizens’ Voice for an editorial board. Since then, the company has been in the pre-filing phase with ...

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Magnum Hunter could bring in some serious cash

If Magnum Hunter Resources Corp. can close two deals, the company would be bringing in some major cash. The company has the potential to close two major deals by the end of August, and one of the deals would bring in over $500 million.  Magnum Hunter is looking to sell its interests in its Eureka Hunter Midstream pipeline system, which ...

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Marcellus permit activity in Pennsylvania

DEP

The Marcellus Shale formation in Pennsylvania saw a little bit of action over the last week, along with one Pittsburgh-based oil and gas development company whose portfolio grew a little more. Trimont Energy Ltd. announced last week that it is the security buyer of Energy XXI’s East Bay Field in the Gulf of Mexico.  Trimont spent $21 million on the ...

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Study finds natural gas reserves in Appalachia larger than estimated

A shale formation that runs through portions of West Virginia and neighboring Appalachian states has more recoverable natural gas reserves than initially estimated, a new study released on Tuesday has found. Release of the findings comes one day after industry officials announced that natural gas has surpassed coal as the nation’s top source of electricity, a development made possible by ...

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Study estimates Utica shale holds gigantic amount of recoverable gas

The amount of natural gas trapped in the Utica shale might rival what drillers hope to extract from its more famous neighbor the Marcellus, a group of geologists said Tuesday. “It’s comparable to the highest number I’ve seen for the Marcellus,” said Doug Patchen, head of the Appalachian Oil and Natural Gas Research Consortium at West Virginia University and lead ...

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Across shale plays, overtime lawsuits are on the rise

After 18 years of working as an inspector, Greg McGeary took his first job in oil and gas last winter inspecting pipelines in the Marcellus Shale for a Florida-based startup. It was a predictably tough gig — walking a pipeline in all types of weather and driving three hours a day to and from remote locations. That’s why the pay, ...

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Marcellus permit activity in Pennsylvania

The Marcellus Shale formation in Pennsylvania saw a little bit of action over the last week, along with the U.S.’s largest publicly traded water and wastewater utility company. American Water Works Company announced last week that it has officially acquired Keystone Clearwater Solutions.  The Hershey, Pennsylvania-based company is a water service provider that offers a wide range of water services ...

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Marcellus shale field lab zeroes in on gas drilling efficiency

The first integrated, long-term examination of shale gas drilling — from before a rig breaks ground to post-production — is under way in West Virginia to help energy companies find ways to drill more cheaply and lessen environmental impacts. “We call it unprecedented, and it is,” said Ray Boswell, technology manager for the federal Department of Energy’s National Energy Technology ...

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