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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EQT Acquiring Additional Marcellus Acres

May 08, 13 EQT Acquiring Additional Marcellus Acres

Posted by in Drilling & Development

EQT Corporation has agreed to purchase 99,000 net acres in southwestern Pennsylvania and 10 horizontal Marcellus wells in Washington County, Pa., from Chesapeake Energy Corporation and its partners. The $113 million transaction remains subject to closing conditions. The acreage includes 67,000 Marcellus acres and 32,000 dry Utica...

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Seismic Surveys To Start in Dunbar Twp, Fayette County in Autumn

Mar 21, 13 Seismic Surveys To Start in Dunbar Twp, Fayette County in Autumn

Posted by in Drilling & Development

Seismic surveys will begin in autumn in Dunbar Township, Fayette County in order  to determine the best locations for Marcellus shale gas drilling operations. Dunbar Township supervisors told residents that testing will begin in October to allow Chevron to select drilling sites. McDonald Land Services will send letters to property...

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New Yorkers Await PA Health Study

Mar 14, 13 New Yorkers Await PA Health Study

Posted by in Drilling & Development

Gov. Andrew Cuomo of New York  will wait for a Pennsylvania health study before deciding whether to allow drilling while landowners are preparing to sue New York over lost gas-leasing opportunities and an industry group warned Sunday that a business exodus from the state will worsen. Landowners hoping to lease to gas-drilling...

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Shale Drilling at Pgh International Airport

Feb 13, 13 Shale Drilling at Pgh International Airport

Posted by in Drilling & Development, Home, Top News

Shale Drilling Date Becomes a Reality at Pittsburgh International Airport Consol Energy has agreed to pay an estimated $500 million over the next 20 years for shale drilling rights on the 900 plus acres surrounding the airport located in Moon Township.  This would include a bonus payment of $50 million and an estimated $450 million...

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Drilling heating up in Pennsylvania’s Utica Shale Region

Jan 18, 13 Drilling heating up in Pennsylvania’s Utica Shale Region

Posted by in Drilling & Development, Top News

Here at PAOGreport, we have been closely monitoring drilling and development in Pennsylvania’s frontier of the “Utica Shale” region. Public records and folks on the ground report that there are up to six companies that are drilling exploratory wells in Pennsylvania’s “Northern Utica Shale...

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