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Tag Archives: Range Resources

Wolf tax proposal puts Beaver County Shell plant at risk

Royal Dutch Shell warned Gov. Tom Wolf that policies which hurt gas production could affect the company’s decision on whether to build a multibillion-dollar plant in Beaver County to turn ethane into plastics, the head of a gas industry group said Wednesday. “I sat in a meeting with Gov. Wolf in August, where leadership from Shell looked the now-governor directly ...

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2014 was a good year for Range Resources

During 2014, Range Resources managed to bring 110 southwestern Pennsylvania shale wells into production, and reporting record production numbers and healthy profits. While announcing its fourth-quarter and year-end earnings, Range Resources stated that during 2014 its overall average daily production reached 1.16 billion cubic feet, up 24 percent compared to 2013.  The company’s net income for last year reached $634.4 ...

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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. But his generosity is being hurt by the low price of natural gas and lower production volumes, which have cut his royalty ...

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More sand goes into shale wells, and more comes out

As shale gas operators in the Marcellus have been saying for the past year, more sand is going into the ground in Pennsylvania to keep fractures open while gas flows out. And, consequently, more sand is coming out of the ground, along with the gush of flowback water that streams out of wells just after they’re fracked. That’s evident from ...

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Natural gas drilling proposal for Harmar land to be presented

Two energy companies want to strike a deal with Harmar for Marcellus shale natural gas, but if a contract is reached, it could be years before any extraction. Huntley & Huntley, working with Range Resources, has proposed a subsurface lease for about 90 acres of township land, including the municipal building along Freeport Road and the athletic field behind it. ...

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Canonsburg company finds niche in shale drilling for treating wastewater

wastewater

The way Aquatech figures, it makes more sense to treat shale gas wastewater where its born — at the well — than to treat it off-site. The Canonsburg-based company treats and recycles industrial wastewater with a growing division dedicated to water-intensive shale gas drilling operations. “We feel if you can reuse the water, that’s the cheapest mode of disposal,” said ...

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Consol Energy posts $74M profit in fourth quarter

Consol Energy Inc. plans to trim capital spending on natural gas development but avoid the more drastic cuts other shale companies are announcing as it continues to ramp up production. The Cecil-based gas and coal company on Friday said it will spend about $1 billion on development in the Marcellus and Utica shales, a drop of 23 percent from the ...

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Long-term solution for wastewater disposal eludes shale gas industry

Defining wastewater disposal in the Marcellus shale fields has been a moving target. Drillers initially sent millions of gallons to public water treatment plants, until regulators said the plants were not equipped to properly clean the salt- and metal-laden water that comes from shale gas wells. The traditional method of injecting it back into deep wells is less feasible in ...

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Energy companies vie for experienced workers with skills in high demand

Specialized, experienced engineers are becoming a tough get in Western Pennsylvania as the gas drilling industry outpaces the growth of an experienced talent pool. Stock awards, sign-on bonuses, unlimited vacation and travel stipends are increasingly becoming necessary for companies looking to attract top candidates, recruiters say. “Sometimes, we get so lost in it, they have so much they’re trying to ...

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