Oil Closes Near $38 After Taking Hit

U.S. crude prices fell since this morning, despite briefly rising due to a weaker dollar. Oil prices have steadily increased since Tuesday afternoon, just after Federal Reserve Chairman Janet Yellen announced a careful approach to raising interest rates. Historically, a weaker dollar inflates oil prices, since crude is priced in dollars. U.S. crude ended the […]

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When Is Failure to Pay Delay Rentals Enough To Break A Lease?

Many Oil and Gas leases are “paid up,” which means that the leasing company does not have to pay regular delay rental payments to hold the lease.  However, in Pennsylvania, there are still some leases that require the leasing company to make “delay rental payments.”  These are typically annual payments that are made until the […]

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LNG Looks To Have A Bright Future As A Domestic Marine Fuel

The historic conundrum of developing Liquefied Natural Gas (LNG) as a marine fuel has a chicken versus egg element to it. Vessel operators interested in LNG are hesitant to make the commitment to build and/or convert ships to LNG without a guaranteed fuel supply. There is plenty of capital willing to build LNG liquefaction facilities, […]

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Antero to drill first Utica well in West Virginia in 2015

The Exponent Telegram by Jeremiah Shelor CLARKSBURG — Antero Resources will drill its first Utica natural gas well in West Virginia in the third quarter of 2015, the company announced this week in a presentation to investors. Al Schopp, Antero’s chief administrative officer and regional vice president, said the Utica well will be drilled in […]

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California farms are using drilling wastewater to grow crops

By Bloomberg California’s epic drought is pushing Big Oil to solve a problem it’s struggled with for decades: what to do with the billions of gallons of wastewater that gush out of wells every year. Golden State drillers have pumped much of that liquid back underground into disposal wells. Now, amid a four-year dry spell, […]

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Tom Wolf’s Severance Tax Political Disaster Part II

naturalgasnow.org by Charles A. Schliebs Rather than the Wolf Administration reaching out to the industry to create a solution to the severance tax issue that can appropriately provide funding to the state and its future budgets in a fair and reasonable manner (as suggested in our last issue), for some inexplicable reason, the Wolf Administration not […]

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Southcross announces completion of gas pipeline

By PennEnergy Editorial Staff Southcross Energy Partners, L.P. (SXE) (“Southcross”) today announced the completion of a 60,000 bbls/d Y-gradepipeline connecting Southcross’ Woodsboro processing facility to Southcross Holdings LP’s (“Holdings”) 63,000 bbls/d Robstown Fractionator (“Robstown”) near Corpus Christi, Texas and a 20,000 bbls/d propane pipeline from Southcross’ Bonnie View Fractionator to the Corpus Christi area for […]

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Gas Production Will Continue Soaring

Times Leader Online By Casey Junkins In a Marcellus shale region already flush with fracking, pipelining and processing, federal officials believe the formation will yield 147 trillion cubic feet of natural gas from now until 2040. That compares to a total of only 8 trillion cubic feet produced in the region from 1990-2014, according to […]

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