News

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.

 

02.18.15

Local lawmakers react to Wolf's severance tax proposal

Gov. Tom Wolf last week fulfilled one of his campaign promises by unveiling the details of his proposal to increase taxes on the state's natural gas industry.

 

02.18.15

UGI plans 35-mile pipeline to supply new gas-fired power plant in Pennsylvania

UGI Energy Services subsidiary UGI Sunbury has announced plans to construct a 35-mile natural gas pipeline to connect to a planned 1,000-megawatt natural gas-fired power plan near Shamokin Dam in central Pennsylvania's Snyder County.

 

02.17.15

Landowners' tax case reflects call for change in natural gas royalty arrangements

John and Lois Miller are breathing a little easier after getting some relief from the state Department of Revenue, which originally questioned more than $17,000 in deductions they took in relation to natural gas royalties they earned over the past few years.

 

02.17.15

Pennsylvania raised $19 million from leases to drill beneath waterways

When Gov. Tom Wolf issued an executive order prohibiting the state from signing new leases for gas drilling beneath state parks and forests in January, he left a third category open for business: public lands managed by the state's conservation agency.