Week in Review: March 28th

Amid Coal Bankruptcies, Miners to Rally in Waynesburg for Benefits – Power Source By Daniel Moore Over 5,000 members of the United Mine Workers of America came to Waynesburg, PA to save pensions and healthcare programs for retiring miners. Financial burdens have swept the industry, forcing the annulment of union contracts. During bankruptcy procedures, judges […]

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Philadelphia Group Attempts to Make City a “Energy Hub”

The Philadelphia Energy Action Team announced plans on Wednesday to double the volume of natural gas being used by Southeastern Pennsylvania, Northern Delaware, and Southern New Jersey. The group is seeking to rejuvenate the area’s economy by tapping into methane, butane, and other gases found in the Marcellus Shale. In a statement, the group acknowledges […]

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Required Information For An Oil And Gas Royalty Statement

In 2013, the Pennsylvania Legislature passed a law that requires Oil and Gas producers to provide a minimum amount of information related to Oil and Gas production and royalties (e.g., the amount of gas produced, the selling price, and other related information). That information includes: A name, number or combination of name and number that […]

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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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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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