2 Energy Companies Pulling Out Of Northeastern PA

Jul 30, 13 2 Energy Companies Pulling Out Of Northeastern PA

Posted by in Marcellus Utica Shale

Hess Corp. and Newfield Appalachia PA LLC sent a letter to landowners that notified them their leases are no longer in effect, according to the Northern Wayne Property Owners Alliance, which negotiated a master lease on behalf of more than 1,300 families and businesses. A three year moratorium on gas drilling has infuriated...

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Lease Activity in Washington County

Jul 29, 13 Lease Activity in Washington County

Posted by in Lease Activity

WASHINGTON COUNTY, PA LEASES ARE EXPIRING… Many Washington County PA landowners’ oil & gas leases have already expired, or are set to expire in the very near future. Unfortunately, many of them do not get the professional help they should, and miss valuable opportunities to maximize negotiations for a quality oil &...

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3 Natural Energy Bills To Follow…

Jul 29, 13 3 Natural Energy Bills To Follow…

Posted by in Top News

House Bill 1900 “Natural Gas Pipeline Permitting Reform Act” Sponsor: Rep. Mike Pompeo [R-KS] Introduced: May 09, 2013 A bill that would require FERC (Federal Energy Regulatory Commision) to approve or deny a certificate of public convenience and necessity for a pipeline project within 12 months, or the project will...

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Energy Business Forecast: Coal versus Natural Gas

  The Environmental Protection Agency recently cited cheaper natural gas as one of the reasons for lower greenhouse-gas emissions in the United States. Gas prices also declined as a result of increased supply from hydraulic fracturing, or fracking, and responded by using more gas to generate electricity. Natural gas emits...

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Range Resources continues to report record gains

Jul 18, 13 Range Resources continues to report record gains

Posted by in Drilling & Development

Range Resources Corp. stated that their 2nd quarter production volumes reached a record high, making this a 27% increase over the prior year. Range Resources is one of the largest lease holders for the Marcellus Shale play. They stated that the Marcellus drilling is continuing to drive their production volumes. Continuing thru 2013,...

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