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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Chesapeake Energy Profit Surges On Natural Gas Strength

Wall Street Journal By Chelsey Dulaney Chesapeake Energy Corp. said its third-quarter profit more than tripled as the company posted sharply higher revenue in its natural gas and oil segment and increased production. Results easily topped Wall Street expectations. Chesapeake has struggled to recover from years of aggressive spending as the land-grab approach the company […]

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Dominion Pre-Files Request for Environmental Review of Supply Header Project With FERC

State Journal By Sarah Tincher Dominion submitted a pre-filing request to the Federal Energy Regulatory Commission Nov. 4 asking the commission to begin its environmental review of the proposed $500 million Supply Header Project. The Project, which will be built and operated by the company’s Dominion Transmission subsidiary, would provide an additional 1.5 billion cubic […]

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Proposed 550-Mile Pipeline to Take Marcellus, Utica Gas to the Southeast

Power Source By Stephanie Ritenbaugh / Pittsburgh Post-Gazette Richmond, Va.-based energy company Dominion has submitted a request asking the Federal Energy Regulatory Commission to begin its environmental review of a proposed $4.5 billion to $5 billion, 550-mile natural gas pipeline. The Atlantic Coast Pipeline would bring 1.5 billion cubic feet of natural gas from the […]

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Deepwater Exploration Could Boost Trinidad and Tobago Oil, Gas

Akron Beacon Journal Exploring deep and ultra-deepwater areas could boost Trinidad and Tobago’s (T&T) oil and gas industry, which has $6.2 billion of investment planned over the next two years, helping to offset the government’s apparent move away from an energy-dependent economy, says an analyst with research and consulting firm GlobalData. According to Effuah Alleyne, […]

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EQT Earnings Rise; Sales Price Continue To Slump

Pittsburgh Post-Gazette By Anya Litvak / Pittsburgh Post-Gazette / October 23, 2014 EQT Corp., a Downtown-based oil and gas company, reported net income of $98.6 million, or 65 cents per share, for the third quarter. That’s up from $88.3 million, or 58 cents per share, for the same time period last year. The company began […]

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OOGEEP Recognized for Public Education, Outreach Programs

Akron Beacon Journal By Bob Downing COLUMBUS, OH – The Ohio Oil and Gas Energy Education Program (OOGEEP) was recently awarded the Chairman’s Stewardship Award for Energy Education from the Interstate Oil and Gas Compact Commission (IOGCC) at the association’s annual meeting in Columbus. The IOGCC is a multi-state government association that works to ensure […]

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