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Tag Archives: natural gas production

Gas impact fee is on a steady decline

tax cut

According to an analysis released by Pennsylvania’s Independent Fiscal Office (IFO), the state’s gas impact fee on Marcellus Shale drillers is on a steady decline. In a brief released on Thursday, the IFO discovered that the effective tax rate on natural gas drillers has been decreasing for the last four years, going from 5.3 percent in 2011 to 2.1 percent ...

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Hurricane aircraft equals methane detector

Trapped methane bubble underneath frozen Abraham Lake in Canada. Getty Image via NewsCred

When it comes to researching methane coming from shale plays, you wouldn’t think to use an aircraft used to fly through hurricanes, or would you? Scientist from the University of Colorado are trying to figure out how much natural gas leaks from shale gas production and to do so they flew the NOAA aircraft, which is used for flying through ...

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WPX Energy asks its vendors for 20 percent cut

FARMINGTON – Local contractors in the oil and gas industry are facing severe cuts in the wake of fallen oil prices. One industry leader in the San Juan Basin, WPX Energy, has asked its contractors for a 20 percent price cut on goods and services. “I am writing to request a 20 percent cost reduction in the goods and services ...

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Local companies find ways to tap into Marcellus, Utica shale-gas business

Marcellus shale

When the overall economy soured in 2008, Highland Tank & Manufacturing in Stoystown — the largest steel tank manufacturer in the country, according to the company — had a fallback: selling to the burgeoning energy industry. “It was, and is, good business for Highland Tank,” sales manager Robert Duppstadt said. “From 2008 to 2010, it was a positive influx for ...

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Top 5 Marcellus stories of the week

natural gas prices rise

5. Oops! Marcellus did it again Drilling companies in Pennsylvania did it again and broke another production record.  According to data released by the Department of Environmental Protection (DEP), last year shale gas production increased by 30 percent.  To read the full story, click here. 4. Rice Energy downsizes for 2015 On Tuesday, Rice Energy Inc. announced it will be joining the ...

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Pa. shale gas production eclipsed 4 trillion cubic feet in 2014

Pennsylvania shale drillers produced more than 2 trillion cubic feet of gas in the second half of 2014, setting another record despite low prices that have prompted a cutback in activity, the state reported Tuesday. Producers pulled more than 4 trillion cubic feet of gas from shale last year, a 30-percent increase from the year before. Industry groups applauded the ...

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Cabot held top-producing wells last year

cabot logo

Pennsylvania’s unconventional gas wells continued to blast production records out of the water last year, pumping out nearly 4 trillion cubic feet of gas. According to data the state Department of Environmental Protection released Tuesday, operators working in the Marcellus Shale industry reported producing nearly 1 trillion cubic feet more gas in 2014 than in 2013, increasing overall production by ...

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Oops! Marcellus did it again

COURTESY: U.S. ENERGY INFORMATION ADMINISTRATION This chart shows the Marcellus Shale's daily gas production from 2007 to 2015.

Drilling companies in Pennsylvania did it again and broke another production record.  According to data released by the Department of Environmental Protection (DEP), last year shale gas production increased by 30 percent. Marcellus drillers alone produced over 2 trillion cubic feet of gas during the second half of 2014.  Throughout the entire year, drillers produced 4 trillion cubic feet, equivalent ...

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WOGCC cracks down on flaring

flaring

With its string of rejections to flaring requests, the Wyoming Oil and Gas Conservation Commission seems to be sending the state’s oil and gas industry a message to cut back on gas flaring. The most recent of the rejections occurred last week in response to a flaring request from Chesapeake Energy, according to the Star Tribune. The company had asked ...

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Marcellus horizontal well activity

Activity in the Marcellus Shale hasn’t changed much, but Governor Tom Wolf’s decision put in place a natural gas severance tax has caused an uproar within Pennsylvania. Wednesday of last week, Wolf shared his proposed 5 percent state severance tax on natural gas production.  The tax would balance out the impact of shale drilling in counties located in Northeast Pennsylvania.  ...

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