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Tag Archives: pennsylvania oil and gas

Pennsylvania counties see less money from gas drilling fee

HARRISBURG, Pa. (AP) — Pennsylvania counties and municipal governments will see less money from a state fee on Marcellus Shale gas wells, as expected. The Pennsylvania Public Utility Commission said Wednesday that impact fee revenue from Marcellus Shale wells dropped by $36 million to about $188 million. That’s the lowest annual payment in the five-year history of the impact fee, ...

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Pennsylvania regulators approve new gas, oil industry rules

HARRISBURG, Pa. (AP) — A Pennsylvania government commission is giving its divided approval to regulations toughening oil and gas industry permit requirements. The agency that reviews regulatory changes voted 3-to-2 Thursday in favor of the new regulations, StateImpactPennsylvania reported. The three Democratic appointees voted “yes.” Drillers will now have to identify schools or playgrounds near wells, and if water supplies ...

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‘Backdoor’ amendment in Pa. fiscal code guts regulations, gives millions to new natural gas fund

The state Senate on Thursday passed the fiscal code with some new language that environmentalists say not only guts regulations governing the oil and gas industry, but also subsidizes it. The fiscal code, which tells lawmakers how to spend money in the general fund, takes $12 million from the Alternative Energy Investment Act and puts it into a new Natural ...

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Attorney general files suit against natural gas producer Chesapeake and affiliates

Chesapeake Energy Corporation's 50 acre campus is seen in Oklahoma City, Oklahoma, April 17, 2012. REUTERS/Steve Sisney

The state attorney general’s office has filed suit against the nation’s second largest natural gas producer. In the suit filed Wednesday in Bradford County Court, the AG’s office accused Oklahoma-based Chesapeake Energy Corp. and its affiliates of using “unfair and high-pressure sales tactics” to coerce Pennsylvania landowners to sign leases for oil and gas rights. The 65-page lawsuit also says ...

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Newly formed Lola Energy gets funding for Marcellus operations

Lola Energy ramps up operations in the marcellus and utica shale formations.

Newly formed Lola Energy is ready to start spending money on Marcellus and Utica shale gas operations despite the low prices and supply glut that have prompted budget cuts and layoffs by more established producers. The Pine-based company, founded last month by four former EQT Corp. executives, announced Tuesday it received a $250 million commitment from private equity firm Denham ...

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Decline in gas drilling softens boom for Western Pa. businesses

Marcellus shale drilling rig. (Image: Penn State via Flickr)

John Bruno dresses the industry that revitalized his Waynesburg business district. Mickey’s Men’s Store, which Bruno’s father opened in 1967 on High Street, sells the Carhartt attire, Carolina work boots and flame-retardant clothing that serve as standard wardrobe for the shale gas workers who changed the face of Greene and Washington counties during the past decade. Those workers have kept ...

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Drilling’s down in Pa. as natural gas supplies mount

Marcellus shale gas-drilling site along PA Route 87, Lycoming County. (Image: Nicholas A. Tonelli via Flickr)

ERIE, Pa. — A “perfect storm” of plentiful oil and natural gas, falling prices and forecasts for a warmer-than-average winter is taking a toll on the oil and gas industry in Pennsylvania. Production from the Marcellus Shale continues to increase, but demand isn’t keeping pace, and falling prices are discouraging new investments and new jobs in what has been a ...

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