U.S. lower 48 natgas output down for second straight month: EIA
U.S. natural gas output in the lower 48 states declined for a second month in a row to 78.3 billion cubic feet per day (bcfd) in January, the U.S. Energy Continue Reading
Is Haynesville About To Make A Comeback?
Back in early 2011, the Haynesville shale play in east Texas, northwest Louisiana, and southwest Arkansas surpassed the Barnett Shale in Texas as the highest-producing shale gas play in the Continue Reading
Shale Gas Is Back With This $2 Billion Acquisition
A nearly $2 billion natural gas deal could signal a sign that companies are interested in gas drilling again after a long downturn. Gulfport Energy announced plans to issue new Continue Reading
Chesapeake says it’s ready for recovery after big divestments
Struggling shale company Chesapeake Energy said Tuesday it was anticipating a recovery next year after releasing a good portion of its non-core gas assets. The company said it sold another Continue Reading
U.S. natural gas production resilient to market changes in 2015, but has fallen in 2016
U.S. dry natural gas production continued to increase in 2015, reaching 74.1 billion cubic feet per day (Bcf/d). This record-high level was a 4.5% (3.2 Bcf/d) increase over 2014, according Continue Reading
$2 Billion Gulfport Buy Shows Drillers Thirsting for Next Play
America’s shale gas drillers are back to looking for the next big play. On Wednesday, Gulfport Energy Corp. struck a deal to buy acreage in an oil and natural gas Continue Reading
Chesapeake Energy Drills Deeper for Profit
Chesapeake Energy is drilling a massive well in the Haynesville shale outside Shreveport, La., Doug Lawler watched a drilling rig’s high-pressure pumps rumble as workers bored in to a massive Continue Reading
Pennsylvania levels $3.5 million fine against gas driller
Pennsylvania environmental regulators have fined a natural-gas driller more than $3.5 million for violations at 10 well sites and six pipeline locations. The Department of Environmental Protection said Wednesday that Continue Reading
NREL sees natural gas, renewables gaining US market share
Natural gas-fired and renewable resources are expected to enjoy growing generation mix shares over the next three decades, driven by low-cost gas and renewable energy cost declines and performance improvements, Continue Reading
Judge issues temporary stay of some Pennsylvania drilling rules
In a ruling in a lawsuit brought by the Marcellus Shale Coalition, a Pennsylvania judge on Tuesday ordered the temporary stay of several key provisions of a set of natural Continue Reading