Tag: marcellus shale

Cabot’s profits slip 62 percent amid lower oil prices

The Houston-based company said it offset plunging prices by ramping up output in the first quarter.  More »

Study finds radon in Pennsylvania homes on the rise while Marcellus drilling surges

Buildings in counties where natural gas is most actively being extracted from the Marcellus shale have in the past decade had much higher measurements of radioactive radon than buildings in low-activity areas, according to the new research.  More »

Property owners seek to block West Virginia pipeline surveys

The pipeline would stretch about 300 miles from northwestern West Virginia to Virginia’s Pittsylvania County.  More »

Judge rules shale gas pipeline can cross holdout properties

U.S. District Judge Malachy Mannion ruled that the Constitution Pipeline has the necessary permits from the Federal Energy Regulatory Commission and that it serves the public interest by providing additional natural gas pipeline capacity.  More »

Southwestern Energy sells Pennsylvania pipelines for $500 million

Natural gas producer Southwestern Energy will sell its gathering assets in Pennsylvania for $500 million, the company announced Thursday morning.  More »

Pennsylvania governor advances tougher gas drilling rules

The proposal is the first signal from Gov. Tom Wolf’s administration of how it will approach the natural gas industry after the Democrat campaigned last year on a promise to toughen state regulation of the industry.  More »

Nature article questions natural gas optimism

The report highlights conflicting estimates about the long-term viability of increasing natural gas production, and warns that acting on the assumption natural gas will always be cheap may not be ideal.  More »

Southwestern Energy to pay $300M for gas-rich land in Pennsylvania

Southwestern Energy Co. is planning to pay $300 million for thousands of acres in a natural gas-rich region of Pennsylvania, little more than six weeks after its multibillion-dollar purchase of gas land nearby.  More »

Crashing oil prices hurting Pennsylvania drillers

“It’s putting a monkey wrench into the industry’s economy,” said Lou D’Amico, president of the Pennsylvania Independent Oil and Gas Producers.  More »

Exxon Mobil drops to No. 4 in world rankings of largest oil firms

While Exxon Mobil fell, Russian and Chinese companies gained in the rankings.  More »

Antero Midstream raises $1 billion in IPO

The partnership will own and operate pipelines and other assets of natural gas producer Antero Resources, including in the Marcellus Shale in West Virginia and the Utica Shale in southern Ohio.  More »

California company to build GTL facility in Houston by Q4 2015

The project has backing from Sterling Private Capital and Eagle Oil & Gas Co., both based in Dallas.  More »

Chevron’s profits climb 13 percent thanks to refining boost

The second-largest U.S. oil company also benefited from selling off some some of its assets as part of three-year divestment program.  More »

Noble Energy sees net income double in Q3

Noble Energy said it hit a sales volume record while prices remained high, though the company missed analysts’ expected earnings per share.  More »

Antero Resources’ midstream IPO looks for $788 million

Antero Resources Corp. launched its master limited partnership with a Monday initial public offering, as the company looks to become the latest producer to show its midstream assets to investors  More »
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