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Saudi Arabia, Russia intensify oil supply cuts

Wednesday, July 12, 2023 by

Saudi Arabia and Russia, the world’s biggest oil exporters, will make additional oil supply cuts through the end of August.

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Oil and gas companies continue to focus on exploration, despite climate concerns

Monday, July 10, 2023 by

Oil and gas companies continue to search for new deposits, reinvesting record profits that resulted from the price surge driven by the Ukraine war.

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Oilfield Jargon

Word of the Week

Market Enhancement Clause

Similar to Post Production Costs, but with emphasis on how deducted costs increase the value of the natural gas produced from the well. Protects the landowner from having deductions taken out of royalty payments that don’t improve the price of gas directly.
View More in Our Shale Glossary

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11 shale drilling permits issued in Ohio, Pa., W. Va. for week ended June 25

Friday, July 7, 2023 by

Eleven new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from June 19 to 25.

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Pa. Senate weighs measure to give state regulators authority over carbon capture wells

Wednesday, July 5, 2023 by

The Pennsylvania Senate is considering a measure that would grant state regulators authority over injection wells used for carbon capture.

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Mountain Valley Pipeline gets FERC approval to finish construction

Monday, July 3, 2023 by

The U.S. Federal Energy Regulatory Commission authorized Equitrans Midstream Corp. to resume construction of its Mountain Valley natural gas pipeline.

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EIA: US natural gas demand increases 43% from 2012 to 2022

Friday, June 30, 2023 by

U.S. natural gas demand grew by 34.5 billion cubic feet per day from 2012 to 2022, according to data released by the U.S. Energy Information Administration.

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About Shale Gas Reporter

Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.

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