Marcellus/Utica ///

Asian investor steps into America's shale gas market

A relentless flow of natural gas from America’s shale basins is drawing bears to the market—and that’s music to the ears of at least one Asia-backed investor.

Flaring alternative acts as portable produced-water management tool

Mark Patton, Hydrozonix

A new design addresses two of the most common concerns in unconventional plays.

EIA: Pennsylvania’s natural gas production reaches new high

Pennsylvania’s natural gas production reached a new high of 15 Bcfd in October 2017, an increase of 25% from year-ago levels and an increase of 80% from January 2013.

Kalnin Ventures becomes leading player in the Marcellus with $210-million acquisition

Kalnin Ventures LLC has announced that an affiliate of its BKV Oil and Gas Capital Partners, LP fund, has entered into purchase and sale agreements with respect to the Fund’s fifth acquisition of assets in just over two years in the northeast portion of the Marcellus shale.

Cubility signs distribution agreement for solids control technologies in U.S., Canada

Cubility AS, a provider of solids control solutions that improve drilling efficiency, solids control and HSE around the drilling process, has announced two exclusive distribution partnerships with Calgary-based New Tech Solids Inc and Houston-based Stage 3 Separation.

Profit-hungry traders prowl local gas hubs as margins erode

Profit has become so much harder to come by in the huge U.S. market for natural gas that some traders are buying and selling in lesser-known local pipeline hubs, where bigger risks offer the promise of better rewards.

Shale Support partners with Tidewater Logistics for increased access to Marcellus, Utica

Shale Support Holdings, LLC, provider of frac-sands and logistical solutions to the oil and gas proppant market, today announced its partnership with Tidewater Logistics.

API Pennsylvania responds to proposed ban on hydraulic fracturing in the Marcellus

API Pennsylvania (API-PA) responded to the Delaware River Basin Commission’s (DRBC) proposal to ban hydraulic fracturing in the region.

U.S. operators are teed up for a drilling resurgence

Alex Endress, Craig Fleming, Kurt Abraham, World Oil

Drilling activity is noticeably higher, as American drillers climb out from historically low levels.

EQT dubbed largest U.S. gas driller after $6.7-billion Rice buy

EQT Corp. will become the largest U.S. natural gas producer after agreeing to buy Rice Energy Inc.’s holdings in the hydrocarbon-rich Marcellus shale formation for about $6.7 billion in cash and stock.

Kalnin Ventures announces fourth Marcellus asset acquisition

Kalnin Ventures LLC today announced it has signed a Purchase and Sale Agreement (PSA) on its fourth acquisition of a non-operating portfolio in the northeast portion of the Marcellus shale, on behalf of its BKV Fund and investor Banpu Pcl.

Titan Energy sells Appalachia, Marcellus assets for $84.2 million

Titan Energy has entered into a definitive agreement to sell its conventional Appalachia and Marcellus assets to Diversified Gas & Oil for $84.2 million.

Noble Energy sells Marcellus assets for over $1.2 billion, pays down acquistion debt

Noble Energy, Inc., has announced that it has signed a definitive agreement to divest all of its upstream assets in northern West Virginia and southern Pennsylvania to an undisclosed buyer for a total amount of $1.225 billion.

Kalnin Ventures announces third Marcellus acquisition

Kalnin Ventures LLC has announced that it has signed a Purchase and Sale Agreement (PSA) on its third acquisition of a non-operating portfolio in the northeastern Marcellus shale play of Pennsylvania, on behalf of its investor Banpu Pcl.

Kalnin Ventures closes on second acquisition of Marcellus shale assets

Kalnin Ventures LLC today announced it has closed on its second acquisition of a non-operating portfolio in the northeast Marcellus shale play of Pennsylvania, on behalf of its investor Banpu Pcl.

Dresser-Rand commissions its first small-scale LNG production solution

The Dresser-Rand business, part of Siemens Power and Gas, has commissioned its first small-scale natural gas liquefaction system at the Ten Man liquefied natural gas (LNG) facility near Mansfield, Pa.

Reluctant activist sees heart of shale being ripe for deals

After years of calling for it privately, Barnes Hauptfuhrer decided that early 2017 was finally time to go public with his desire to see a makeover of America’s hottest natural gas play.

Crown jewel of U.S. shale fuels endless pursuit of Williams

Williams Cos. CEO Alan Armstrong has something everybody wants, and he knows it. “It’s a gold mine,” he says. “It’s irreplaceable.”

Anadarko sells Marcellus assets to Alta Resources

Anadarko Petroleum has agreed to sell its operated and non-operated upstream assets and operated midstream assets in the Marcellus shale of north-central Pennsylvania to Alta Marcellus Development, LLC, a wholly owned subsidiary of Alta Resources Development, LLC, for approximately $1.24 billion.

Eclipse Resources sells Utica acreage

Eclipse Resources has completed the sale of approximately 9,900 net acres in eastern Noble County and western Monroe County, Ohio, for approximately $63.8 million.