Tag: natural gas
New pipelines help Pa. set record for marketed natural gas supplies
Pennsylvania has experienced an increase in permitting and drilling activity with the expansion of regional pipeline capacity.
U.S. exported more natural gas than imported
The United States exported more natural gas than it imported in 2017, marking the first time since 1957 that it has been a net natural gas exporter.
Natural gas prices, production and exports increase in 2017
In 2017, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $3.01 per million British thermal units.
Natural gas to remain primary source of electricity generation
The U.S. Energy Information Administration forecasts natural gas will remain the primary source of U.S. electricity generation for the next two years.
Natural gas growth concentrated in Marcellus and Utica shale
Natural gas pipelines coming online from Utica and Marcellus shale are likely to trigger higher wellhead natural gas prices, but overall market is flat.
Natural gas pipelines in service
The major pipeline projects in Ohio and Pennsylvania are coming into service, greatly expanding the take-away capacity for the shale gas industry.
Eclipse Resources to buy Pa. Utica shale leases, wells
Eclipse Resources announces agreements to acquire new Utica shale oil and gas leases in central Pennsylvania.
Appalachia is driving growth in oil and gas production
As of November 2017, more than 1,800 wells have been drilled in the Utica-Point Pleasant, and more than 11,300 wells have been drilled in the Marcellus shale.
Two eastern Ohio power plants approved
The Ohio Power Siting Board authorized the construction of natural gas-fired, combined cycle generation facilities in Guernsey and Trumbull counties Oct. 5.
Oil and gas drilling continues in Ohio’s Utica shale play
The Ohio Department of Natural Resources issued 70 new drilling permits in the Utica and Point Pleasant shales the past two months. Of the 323 permits issued to date in 2017, 81 have been drilled, but only two are in production.
