Tag: marcellus shale

Pennsylvania township moves to ban drilling near homes

Some residents have voiced concerns about possible pollution from the drilling and have said they object to the proximity of the Krendale wells to homes, businesses and schools.  More »

David Stover moves into top job at Noble Energy

David Stover has been named Noble Energy CEO, under succession plan announced in April.  More »

Southwestern Energy cuts $5.4 billion deal for Chesapeake gas land

Houston’s Southwestern Energy Co. is planning to drop $5.4 billion on gas-rich land in West Virginia and Pennsylvania in one of the biggest recent deals for acreage in a region buffeted by pressure on gas prices.  More »

Frac sand company sees IPOs today, mergers tomorrow

It’s a good time to be among the handful of companies providing sand to the oil industry — one of the largest projects that the market will grow 30 percent in 2014.  More »

Northeast U.S. gas at decade-high for winter on supply concern

Supplies in the so-called consuming east region, which covers the Northeast to the Midwest, are at the lowest seasonal level since 2000, government data show.  More »

McClendon lures Chesapeake exec for new energy venture

Shale gas wildcatter Aubrey McClendon has lured away a top executive from the company that ousted him last year, as McClendon works to build a new U.S. energy producer.  More »

Chevron first energy giant to meet new sustainable shale standards

The Center for Sustainable Shale said Thursday that Chevron Corp. is the first energy company to pass a review of 22 production sites in Pennsylvania, Ohio and West Virginia.  More »

Residents near gas wells twice as likely to report symptoms, study finds

Researchers found that residents living near Marcellus Shale natural gas wells were more likely to report rashes, sinus problems, coughs, sore throats, itchy eyes, nose bleeds and stuffy noses than those who lived farther away.  More »

Noble’s profits drop amid shale boost

Noble Energy’s profits fell 49 percent in the second quarter on a $187 million loss on commodity derivatives, even as higher production in its U.S. shale plays bolstered sales.  More »

Industry, schools partnering to train oil field workers

Educational programs popping up in Texas, Pennsylvania and North Dakota that aim to help oil companies find enough workers to install pipeline, monitor wells and fix equipment.  More »

Shale gas producer plans $400M IPO

Colorado-based shale gas producer Vantage Energy told regulators Monday it is planning to go public for $400 million.  More »

Rice Energy snaps up Marcellus land from Chesapeake

Pennsylvania shale gas producer Rice Energy is buying more acreage in the Marcellus Shale for $336 million, its first land grab since its Wall Street debut earlier this year, the company said Monday.  More »
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