News

02.25.15

So much gas: Pa. Marcellus drilling slow til 2017, analyst says

Key Northeast markets are "oversupplied" with natural gas, so the number of gas drilling rigs in Pennsylvania's prime Marcellus Shale counties is expected to drop until at least 2017.

 

02.24.15

Shale producers postpone oil well completions: Kemp

EOG Resources became the latest major shale producer to state that it would "delay a significant number of completions" when it announced fourth-quarter results.

 

02.23.15

Severance Tax Myths vs. Facts

Groups and officials calling for the imposition of a severance tax on natural gas continue to make claims about the industry and the taxes it pays that are simply untrue.

 

02.23.15

No, Pennsylvania Does Not Need a Severance Tax

One thing all the Democratic candidates for Governor and some Republicans in the general assembly agree is on is that Pennsylvania needs a severance (or extraction) tax on natural gas.

 

02.22.15

Glut, lease terms ding gas royalty checks

When Craig Sweger started getting royalty checks for mineral rights he leased to Range Resources in 2001, the extra money amply funded new equipment for his hay farm and allowed him to help out his family and community.

 

02.22.15

We're already taxing Marcellus shale, Gov. Wolf: Charlie Gerow

The vast natural gas formations in both the Marcellus and Utica Shales are a source of unparalleled economic opportunity and a better quality of life for every Pennsylvanian for generations.

 

02.20.15

Cabot to cut gas drilling rigs working in Marcellus

Cabot Oil & Gas Corp. will reduce its gas drilling rig count in the Marcellus shale to three from five by the middle of this year as the energy company copes with low oil and gas prices.

 

02.20.15

Shell pays more than $12 million to buy up properties

In the last three months, Shell has spent more than $12 million to buy properties, as the company prepares the site of the former Horsehead Corp. zinc plant to make way for a possible multibillion-dollar petrochemical plant.

 

02.19.15

Energy company reconsiders plans to drill on Harmar land

Huntley & Huntley Energy Exploration says it is reevaluating its leasing efforts in Southwestern Pennsylvania because of Gov. Tom Wolf's proposed severance tax on natural gas extraction.

 

02.18.15

PSATS on severance tax: Preserve funding for municipalities

On Wednesday, Feb. 11, Gov. Tom Wolf released additional details about his plan to enact a natural gas severance tax in Pennsylvania.