Marcellus/Utica
Article
October 2021
Discipline tested, as gas continues upward trajectory
News
August 04, 2021
The high-performing electric frac solution reduced emissions for Chesapeake by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeake鈥檚 local field gas network.
News
May 24, 2021
The merger of Cabot Oil & Gas Corp. with Cimarex Energy Co. announced Monday has confounded investors and analysts, leaving them to question the logic behind a tie-up that the companies say will increase diversification. Cimarex is mostly an oil explorer in Texas and Oklahoma, while Cabot is focused on natural gas drilling in the Marcellus shale basin in Appalachia.
News
May 06, 2021
EQT Corporation today announced it entered into a purchase agreement with Alta Resources Development, pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion, subject to customary closing adjustments.
News
April 22, 2021
Kayrros has released measurements quantifying the total methane emissions across the Appalachian Basin. The findings, derived from satellite data and proprietary algorithms, place the Appalachian Basin ahead of the Permian as the biggest source of methane in the US and identify the primary sources behind its emissions.
News
April 13, 2021
Crude production in the Permian basin will reach 4.466 million barrels a day in May, the most in a year, and rig counts have touched a one-year high, according to the latest data from the Energy Information Administration.
News
November 02, 2020
As the U.S. presidential election cycle nears its final chapter on Tuesday, and Tuesday evening, we at R8国际娱乐 think it鈥檚 appropriate to remind our fellow professionals in the U.S. oil and gas industry what is at stake.
News
November 02, 2020
Trump sees full-throated support for fracking as a crucial element in Pennsylvania, where he鈥檚 trailing Joe Biden and which would likely clinch the presidency for the Democrat, should he win it.
News
October 28, 2020
Trump issued an executive order to require an economic analysis of fracking, as the president seeks to use what he portrays as Biden鈥檚 mixed messages on energy to capture votes in the swing states of Pennsylvania and Ohio.
News
October 21, 2020
鈥淭here鈥檚 only going to be three or four independents that are investable by shareholders鈥 after the recent market rout, Pioneer CEO Scott Sheffield said on a conference call with analysts. 鈥淭he best companies have been picked off the past few weeks.鈥
News
October 19, 2020
鈥淭he pace of activity declines in the international markets is slowing, while the North America industry structure continues to improve, and activity is stabilizing,鈥 Halliburton CEO Jeff Miller said in a statement.
Article
September 2020
The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production.
News
September 24, 2020
After all the trauma the U.S. oil industry has been through this year -- from production cuts to mass layoffs and a string of bankruptcies -- many producers say they鈥檙e still prioritizing output over reducing debt.
Article
September 2020
Gas Prospects Rise in Concert with Oil Woes
News
September 15, 2020
In a local Philadelphia TV interview, Democratic nominee Joe Biden told reporters 鈥淚 will not ban fracing.鈥 He failed to mention that his climate plan鈥檚 ban on drilling on federal property would go much further than a simple frac ban.
News
September 04, 2020
Between Halliburton and Liberty Oilfield Services, hydraulic fracturing's two major players have fundamentally different field capabilities and technology ambitions. R8国际娱乐 editors discuss how the differing strategies these two companies offer will change how operators will approach future shale project developments.
News
August 20, 2020
With the first of two party conventions underway this week, API Pennsylvania released new polling conducted by Morning Consult showing voters value American energy security and affordability and believe it is important for the U.S. not to rely on foreign energy sources.
News
July 10, 2020
The Appalachia region, home to the Marcellus shale faces pipeline bottlenecks in the years to come, a problem only made worse by the decision by Dominion Energy and Duke Energy to abandon plans to construct what would have been a major conduit to fast-growing markets that lie to the south.
News
June 29, 2020
More than 200 North American oil and gas producers, owing over $130 billion in debt, have filed for bankruptcy since the beginning of 2015, according to a May report from law firm Haynes & Boone. This year alone, at least 20 have gone under after oil prices plunged amid the Covid-19 pandemic.
News
June 04, 2020
Various government data sets including stockpiles, production, imports and exports are signaling that current official figures on at least some supplies are excessive. While it鈥檚 unclear where exactly the discrepancy lies, the difference could signal a more bullish outlook for crude prices.
News
May 28, 2020
Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the leader of an oilfield-services company.