Tag: marcellus shale

Study raises new concerns about emissions from shale gas wells

Researchers found higher-than expected emissions of a potent greenhouse gas emanating from Pennsylvania wells, according to a study published Monday that adds to concerns about the environmental footprint of natural gas.  More »

Oil companies pay $630M in Pennsylvania drilling fees

Anadarko Petroleum, Chesapeake Energy and others will pay the state of Pennsylvania about $225 million in fees this year for drilling in the gas-rich Marcellus Shale, but critics of state law say they aren’t paying enough.  More »

Marcellus strategy paying off for gas producers

The Marcellus is starting to prove that, given time, its proximity to the East Coast makes it potentially profitable for those who got in early, according to a Moody’s report issued Tuesday.  More »

Louisiana shale gas sees a second life

The surge in Gulf Coast petrochemicals and in natural gas fired generation, combined with the expected export of liquefied natural gas, could push up Louisiana’s demand for natural gas, creating a voracious market for the Haynesville and Marcellus shales.  More »

Chesapeake Energy files to spin off $2.2B oil field unit

Chesapeake Energy filed regulatory documents Monday in preparation for the public spinoff of its $2.2 billion oil field service business, set for an undisclosed date this year.  More »

Report: Efficiency driving shale production growth

Growing efficiency of horizontal drilling and fracking is driving production increases in basins across the country, the U.S. Energy Information Administration said in a new report this week.  More »

Chesapeake investing in natural gas play as prices rise

Climbing natural gas prices could help Chesapeake Energy profit off a plan to revive the nearly forgotten shale reservoir it had gambled billions of dollars on six years ago. And the seven to nine rigs Chesapeake expects to deploy to the Haynesville Shale this year could boost daily rates for U.S. land drilling companies, analysts say.  More »

Worker remains missing as Chevron well continues to burn

State environmental officials and expert firefighters brought in by Chevron have been continuing to monitor a burning Marcellus Shale natural gas well in Pennsylvania. One worker still is unaccounted for.  More »

Feds launch new well-mapping tool

On Monday, the U.S. Energy Information Administration unveiled a new mapping system on its website that includes the specific location of oil and gas wells, giving users an opportunity to see developments in specific plays.  More »

Noble Energy earnings drop despite growing sales

Noble Energy Inc. said its fourth-quarter earnings fell 47 percent on higher exploration costs.  More »

10 Things to Consider About the Marcellus Shale

If the Marcellus Shale were a country, it would rank 8th in the world in terms of natural gas production, producing more than Saudi Arabia.  More »

China’s largest coal company to learn shale in US deal

China’s state-owned coal behemoth is heading to Pennsylvania to learn how to tap into natural gas embedded in shale.  More »
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