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Marcellus Shale News

Drilling’s down in Pa. as natural gas supplies mount

ERIE, Pa. — A “perfect storm” of plentiful oil and natural gas, falling prices and forecasts for a warmer-than-average winter is taking a toll on the oil and gas industry in Pennsylvania. Production from the Marcellus Shale continues to increase, but demand isn’t keeping pace, and falling prices are discouraging new investments and new jobs in what has been a ...

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Fire officials: Tenant used gasoline to trigger explosion

deadly explosion, new york city

NEW YORK (AP) — Fire officials in New York City say a tenant used gasoline to trigger an explosion at a Brooklyn building that killed her and another resident in October. The Fire Department says 47-year-old Francisca Figueroa poured gasoline in the stairwell of the three-story building in the Borough Park neighborhood. Investigators are still trying to determine a motive. ...

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Ohio’s horizontal shale well production breaks records in third quarter

Oil field oil workers at work

YOUNGSTOWN — During the third quarter of 2015, Ohio’s horizontal shale wells produced 5,696,780 barrels of oil and more than 245 billion cubic feet of natural gas, according to figures released Thursday by the Ohio Department of Natural Resources. The report shows the state’s production continues to set records as horizontal shale well production totals have increased by more than ...

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Seneca Resources joins with IOG Capital to maintain Marcellus activity

Seneca Resources is getting help from a Dallas investment firm to maintain gas production in the Marcellus shale despite low prices that have cut into cash flow. Houston-based Seneca, Pennsylvania’s 12th biggest shale gas producer, on Thursday announced a joint venture with IOG Capital to develop at least 42 and possibly 80 wells in Elk, McKean and Cameron counties with ...

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Recount confirms defeat of anti-fracking charter amendment

Oil and gas drilling rig operating in the Marcellus and Utica shale formations of Ohio, USA.

YOUNGSTOWN — A hand recount of an anti-fracking charter amendment, the so-called Bill of Rights, confirmed that the issue was indeed defeated in the Nov. 3 general election. During a special meeting Tuesday, the Mahoning County Board of Elections certified a new vote total — 6,151 against and 5,852 for the amendment. The official result on election night was 6,143 ...

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Shell closing Franklin Park office next year

Royal Dutch Shell plans to close its Franklin Park office next summer and move most of the 180 workers involved in gas and oil drilling there to its U.S. headquarters in Houston. The move is the latest sign of retrenching among top Marcellus shale gas producers as prices remain at three-year lows because of tepid demand and oversupply. Shell announced ...

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Q & A with PennEast representatives

The $1 billion pipeline from Dallas Township to New Jersey proposed by PennEast Pipeline Co. LLC is designed to bring Marcellus Shale gas to customers in southeastern Pennsylvania, New Jersey and New York. The company says the project would get rid of pipeline capacity issues in New Jersey, as well as enhance reliability and improve prices. PennEast project manager Anthony ...

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Pipelines a familiar reality for school district, park system

The proposed PennEast natural gas pipeline would run through several state parks and near the Dallas district schools. But neither entity is a stranger to pipelines. Officials from the Dallas school district, which has other pipelines close to its campus, say they have a good working relationship with the pipeline company. And the state agency in charge of the parks ...

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Challenging times continue for oil and gas companies

“Lower for longer” are the words being used to describe the oil and natural gas economic outlook for 2016, creating another whack at West Virginia’s energy sector. U.S. natural gas production could decline in 2016 for the first time in a decade, driven by low oil prices after 10 years of gangbusters growth from shale plays. To understand the decline ...

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