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Shell Buys Hotel Property in Beaver County, PA

Royal Dutch Shell bought the former Kubuta Hotel in Beaver County, PA adding to its real estate holdings in the Marcellus Shale. The Pittsburgh Business Times reports, the hotel sits by the new construction of an ethane cracker plant. Though, Shell has not confirmed if development will continue on the plant, the company continues to […]

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Non-U.S. Shales Prove Difficult to Crack

Wall Street Journal By JUSTIN SCHECK and SELINA WILLIAMS After spending more than five years and billions of dollars trying to re-create the U.S. shale boom overseas, some of the world’s biggest oil companies are starting to give up amid a world-wide collapse in crude prices. Chevron Corp., Exxon Mobil Corp. and Royal Dutch Shell […]

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Large Reserve of Utica Shale Gas Could Lie Beneath State Forest Land

State Impact By Susan Phillips Tapping the Utica Shale in north central Pennsylvania could become the state’s next natural gas drilling boom, at least once the pipelines get built. Seneca Resources has announced the successful completion of a well on state forest land in Tioga County. Seneca, a subsidiary of National Fuel Gas Company, says […]

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Shale gas activity reignites

By Sharon Corderman After a quiet lull, activity surrounding natural gas exploration and production is picking up in Potter and Tioga counties. And, once again, the excitement is over a shale formation, this time the Utica shale. Located a few thousand feet below the Marcellus shale, which caused a leasing frenzy in Pennsylvania a number […]

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Shell to Buy Horsehead Plant in Beaver County

Power Source By Anya Litvak The division of Dutch chemical and energy giant Royal Dutch Shell is exercising its option on Beaver County property as it moves ahead with evaluating the site for a possible Appalachian ethane cracker plant — a multibillion dollar facility that would turn the natural gas liquid into ethylene, a feedstock for […]

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Rex Energy Invested $88.3 Million in its Utica, Marcellus Operations

Times Reporter By Shane Hoover Rex Energy invested $88.3 million in its Utica and Marcellus operations during the third quarter, including nine gross wells the company put in service in Carroll County. The State College, Pennsylvania-based driller released results from some of its Utica wells ahead of a conference call with analysts on Wednesday. The […]

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