Upstream

This post was originally published on this siteNational Fuel Gas Company (NFG) and its pipeline subsidiary Empire Pipeline have worked on a plan to build the Northern Access Pipeline since 2016. Northern Access is a 97-mile project from McKean County in Pennsylvania into and through Allegany, Cattaraugus, and Erie counties in New York that will […]

This post was originally published on this siteOil production in the Ohio Utica hit a record 27.8 million barrels in 2023, up 41% from 2022, according to researchers at the Levin College of Public Affairs and Education at Cleveland State University. In December, eastern Ohio oil wells pumped 93,000 barrels of crude, up one-third from

This post was originally published on this siteIn early March, MDN told you about a new strategy by Chesapeake Energy to drill new shale gas wells but leave them offline (see Chesapeake Brings Japanese “Just in Time” Concept to Gas Wells). As we explained in that article, Chessy is doing more than drilling DUCs (drilled

This post was originally published on this sitePennsylvania Gov. Josh Shapiro traveled to Scranton, PA, in mid-March to announce a proposal to “immediately pull Pennsylvania out of a multi-state carbon cap-and-trade program” (the so-called Regional Greenhouse Gas Initiative, or RGGI) and instead enroll PA in its very own RGGI-like carbon tax program (see PA Gov.

This post was originally published on this siteAn article appears today in the Pittsburgh Post-Gazette detailing how some people already are (or are planning to) make money from plugging orphaned and abandoned oil and gas wells in Pennsylvania (and elsewhere). It involves the same old cockamamie scam of carbon tax credits. The rough outline is

This post was originally published on this siteLast week, the Baker Hughes rig count dropped another three rigs after dropping five the week before. The count went from 624 active rigs two weeks ago down to 621 last week. The national count is officially rangebound. Since last October, the national count has gone as low

This post was originally published on this siteOTHER U.S. REGIONS: Dark money-fueled law firm joins Mass. climate suit against Big Oil; Bipartisan opposition kills Colorado’s proposed fracking ban; Jerry Jones bet big on natural gas last week; NATIONAL: Oil and gas executives predict WTI oil price; INTERNATIONAL: Why the renewables market does not work. Please

This post was originally published on this siteOTHER U.S. REGIONS: Dark money-fueled law firm joins Mass. climate suit against Big Oil; Bipartisan opposition kills Colorado’s proposed fracking ban; Jerry Jones bet big on natural gas last week; NATIONAL: Oil and gas executives predict WTI oil price; INTERNATIONAL: Why the renewables market does not work. Please

This post was originally published on this site Kimmeridge Energy Management said on Monday it remained ready to engage with SilverBow Resources over its takeover bid, days after the U.S. oil and gas producer rejected the latest offer that valued it at $2.1 billion including debt.

This post was originally published on this siteCuban state-run media said at the weekend that 90,000 metric tons of Russian oil had arrived in the cash and fuel-short country to help alleviate power outages and gasoline shortages…