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marcellus shale

Pennsylvania Attorney General Kathleen Kane speak during a news conference Tuesday, Dec. 1, 2015, at the National Constitution Center in Philadelphia. Kane announced a new effort to investigate pornography and other lewd emails exchanged among prosecutors, judges and others inside government. Kane's law license is currently suspended while she awaits trial on charges she leaked secret grand jury material to a newspaper and lied about it. (AP Photo/Matt Rourke)

Pennsylvania sues gas driller over ‘deceptive’ leases

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The lawsuit alleges that Oklahoma City-based Chesapeake Energy Corp. tricked landowners into signing one-sided leases in the early years of the Marcellus Shale drilling boom and then improperly deducted certain post-production expenses from landowner royalties.
(AHIKAM SERI/AFP/Getty Images)

Noble down $283 million in third quarter

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Despite pumping more oil and gas than it did the same time a year ago, Noble Energy swung to a loss in the third quarter as anemic prices couldn’t offset the higher volumes.
A spinoff of National Oilwell Varco announced plans to buy a company that supplies the energy industry with pipes, valves and fittings.

Southwestern Energy wells see surge in gas production as costs fall

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Southwestern Energy Co. says it is figuring out ways to drill better-performing wells on West Virginia and Pennsylvania land it bought from larger operators last year, even as energy prices remain cheap.
(Ty Wright/Bloomberg)

EQT suspends natural gas drilling in parts of Pennsylvania and West Virginia

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The Pittsburgh-based company won’t drill new wells in central Pennsylvania and in the Upper Devonian shale basin, which sits atop the Marcellus reservoir in the western part of the state, the company’s CEO said.
A Noble Energy rig off the south coast of Cyprus in the Mediterranean Sea. (AP Photo/Cyprus Press and Information Office, File)

Noble Energy posts $109 million loss

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Despite the collapse in crude oil and natural gas prices, Noble expects to continue ramping up production through the rest of the year at an increasingly cheaper cost.
A Cabot Oil & Gas Corp. natural gas drilling rig operates in the Marcellus Shale in Pennsylvania. (Cabot Oil)

Cabot CEO: “Better days ahead” after second-quarter loss of $27.5 million

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Stubbornly low natural gas prices caused Cabot Oil & Gas Corp to lose $27.5 million in the second quarter, but a new pipeline in the works should help the company more easily move its gas to market and fetch better prices, CEO, Chairman and President Dan Dinges said Friday.
A jar holding waste water from hydraulic fracturing is held up to the light at a recycling site in Midland, Texas. (AP Photo/Pat Sullivan)

EPA to block drillers from sending wastewater to municipal treatment plants

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The oil and gas industry faces winnowing options for getting rid of the wastewater that flows out of wells, as the EPA moves to block municipal treatment facilities from accepting it and earthquake fears prompt some states to restrict underground disposal.
A spinoff of National Oilwell Varco announced plans to buy a company that supplies the energy industry with pipes, valves and fittings.

Vantage Energy said to explore sale after scrapping IPO in 2014

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The Englewood, Colorado-based company is working with Barclays Plc to find a buyer, said the people, who asked not to be identified because the information is private.
A spinoff of National Oilwell Varco announced plans to buy a company that supplies the energy industry with pipes, valves and fittings.

Energy Transfer signs small Pennsylvania driller on to $1.5 billion Marcellus project

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The previously announced Revolution project includes a 100-mile pipeline running through Pennsylvania.
A Cabot Oil & Gas Corp. natural gas drilling rig operates in the Marcellus Shale in Pennsylvania. (Cabot Oil)

Cabot’s profits slip 62 percent amid lower oil prices

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