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Author Archives: Shane Thielges

Conference hopes to give royalty owners first-hand insight

property

Caitlin Cook | The Charleston Gazette “We are drilling more wells,” said Bob Hart, president of the National Association of Royalty Owners Appalachian’s area chapter. “Three years ago, there was a lot more leasing,” Hart said of the oil and gas industry in Appalachia. That’s why the NARO’s fourth annual Appalachian conference next week at The Greenbrier will focus more ...

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Pennsylvania judge nixes residential gas well

judge

Shane Thielges | Shale Plays Media A Lycoming County judge has ruled that a natural gas well cannot be drilled in a residentially-zoned area, despite approval from the area municipality. Judge Marc Lovecchio said that neither Fairfield Township nor the energy company interested in drilling the well could prove the well was compatible with residential land use, the Associated Press ...

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Virginia may not frack for years, governor says

terry

Shane Thielges | Shale Plays Media Virginia’s governor says it will be a long time before the state finishes reviewing regulations on proposed hydraulic fracturing. Gov. Terry McAuliffe released a statement today saying it may take years for Virginia to issue drilling permits to energy companies, the Associated Press reports. The state has received requests to allow hydraulic fracturing in the coastal ...

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Stocks drop as oil drop offsets ECB stimulus

Associated Press A slump in oil prices is weighing on the stock market, pushing the Standard & Poor’s 500 index to its third straight loss. The S&P 500 index lost three points, or 0.2 percent, to close at 1,997 Thursday. The tech-dominated Nasdaq slid 10 points, or 0.2 percent, to 4,562. The Dow Jones industrial average edged down 9 points, ...

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“We’re in a golden age for exploration” – Company profile: Southwestern Energy Co.

southwest

Shane Thielges | Shale Plays Media The annual Barclays CEO Energy Conference, held in New York this week, provided an opportunity for energy company executives to showcase their successes and update their colleagues on the previous year’s business. Steve Mueller, CEO of Southwestern Energy Company, gave a presentation on Tuesday outlining the company’s growth in the past year and the ...

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Pa. DEP aims to put abandoned oil and gas wells on the map

finleyville

Laura Legere | Pittsburgh Post-Gazette Researchers are taking to the archives — and the air — to track down abandoned oil and gas wells that have left little evidence on the surface or aren’t marked in modern records. The Pennsylvania Department of Environmental Protection is gathering maps made over the last century from the file drawers of other state agencies, ...

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Value of Saudi oil exports hit SR747bn in 8 months

saudi

The Arab News Staff Report RIYADH — Saudi Arabia’s oil exports reached 1.84 billion barrels in the first eight months of the current year (2014) with proceeds amounting to SR747 billion, local media said quoting an expert. (Note: 1 Saudi Riyal equals 0.27 U.S. Dollars) Meanwhile, domestic consumption during the same period reached nearly 553 million barrels, or 23 percent ...

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Editorial: Don’t Skimp on Gas Oversight in Idaho

valley

Times-News (Twin Falls, Idaho) Editorial Idaho should learn from the mistakes of others and avoid at all costs shortchanging the regulatory end of the state’s burgeoning natural gas play. Low-cost natural gas is all the rage amid consistently high cost of other fuels. It’s been the darling of those calling for freedom from Middle Eastern oil and spiking heating oil ...

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