- Joe Barone, Shale Directories
- Blog
- September 16, 2022
Natural Gas – 100 Years Ago Today, September 16, 1922!
Natural Gas – 100 Years Ago Today, September 16, 1922! Tom Shepstone Shepstone Management Company, Inc. …. …. Natural gas news from a hundred years ago offers great perspective for discussing one of the cleanest sources of energy available then and still today.- Joe Barone, Shale Directories
- Blog
- May 11, 2022
GDS and Coterra Show How It’s Done When Storms Disrupt
GDS and Coterra Show How It’s Done When Storms Disrupt Bill desRosiersExternal Affairs Coordinator, Coterra EnergyHost, Shale Gas News … … [Editor’s Note: Storms can create chaos for natural gas exploration and development operations but Coterra Energy and its subsidiary GDS just showed how to handle the situation.]- Joe Barone, Shale Directories
- Blog
- February 5, 2022
Natural Gas – 100 Years Ago Today, February 5, 1922!
Natural Gas Tom ShepstoneShepstone Management Company, Inc. …. …. Natural gas, not now, but a hundred years ago, offers great perspective for discussing current issues with the cleanest of the fossil fuels still serving us.- Joe Barone, Shale Directories
- Blog
- September 2, 2021
Pipeline Capacity Is Delivering A Huge Appalachian Success
pipeline Tom ShepstoneShepstone Management Company, Inc. …. …. Pipeline takeaway capacity is the foundation for economic growth generated by hydraulic fracturing and horizontal drilling technology — the shale revolution.- Joe Barone, Shale Directories
- Blog
- November 14, 2020
Natural Gas Now Best Picks of the Week – November 14, 2020
Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
Antero Resources reports 3Q net loss of $536M
Antero Resources reported a net loss of $536 million or $1.99 per diluted share in the third quarter 202, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
ConocoPhillips reports 3Q net loss of $450M
ConocoPhillips has reported a third quarter 2020 net loss of $450 million or 42 cents per share, Kallanish Energy reports. That compares to 3Q 2019 net earnings of $3.1 billion or $2.74 per share.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
CNOOC’s Q3 revenues down 27%, production up 5%
China’s CNOOC said on Thursday its third-quarter revenues declined 26.8% year-on-year dragged down by low oil prices, Kallanish Energy reports. The company noted in its quarterly operational update that revenues dropped to RMB 35.55 billion, with its realized oil prices falling 29.3% to average $43.03 per barrel.- Joe Barone, Shale Directories
- Blog
- October 9, 2020
Natural Gas Was the Big Gorilla of U.S. Energy in 2019
Tom ShepstoneShepstone Management Company, Inc. …. …. Despite (or because of) low prices, the year 2019 was absolutely incredible for natural gas in the U.S.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
US onshore oil production to dip in late 2020: RE
United States onshore oil production is expected to gradually decline in late 2020, after peaking in August, Rystad Energy reported on Wednesday.- Joe Barone, Shale Directories
- Blog
- September 16, 2020
Pennsylvania gas production up 11.4%: DEP
Pennsylvania produced an all-time record high volume of natural gas in 2019, despite fewer wells being drilled that year, according to the Department of Environmental Protection’s new annual report on oil and gas operations.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Brazil’s Buzios field sets new record production level
Brazilian state-run oil company Petrobras announced on Wednesday a new monthly production record in its pre-salt Buzios field, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Antero says production grew by 9% in 2Q
Antero Resources has reported a GAAP net loss of $463 million or $1.73 per share in the second quarter 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 8, 2020
EQT reports 1Q 2020 net loss of $167M
EQT has reported a first quarter 2020 net loss of $167 million or 65 cents per diluted share, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 1, 2020
Antero sticks with full-year 2020 production growth of 9%
Antero Resources is cutting its 2020 capital budget again and reducing drilling rigs in the Appalachian Basin. It also said it has deferred 20 well completions into 2021 due to low commodity pricing.- Joe Barone, Shale Directories
- Blog
- April 29, 2020
BP says it’s hard to forecast future outlook
BP said on Tuesday it’s hard to predict the “ultimate impact” of the coronavirus pandemic and when the current supply and demand imbalances will be sorted, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 3, 2020
Crude Oil Production; The Shale Revolution Takes A Hill and Dominates
Tom Shepstone Shepstone Management Company, Inc. . … A single graph of U.S. crude oil production suffices to show the sheer magnitude and beauty of the shale revolution, which has given us energy dominance.- Joe Barone, Shale Directories
- Blog
- March 2, 2020
Mexico’s Pemex posts huge 2019 loss
Petroleos Mexicanos posted a $18.3 billion net loss for 2019 — nearly double the previous year’s loss and a major setback to Mexican President Andres Manuel Lopez Obrador’s efforts to revive the debt-saddled state oil company, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- February 27, 2020
PA’s natgas production, producing well total rise
Pennsylvania’s natural gas production volume, number of producing wells and average production per well all rose in 2019 from 2018, with all three categories jumping by triple digits from eight years ago, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- February 26, 2020
Coronavirus will meaningfully impact oil demand growth
Global oil production (crude oil and liquids) will increase by 0.7 million barrels per day (Mmbpd), to roughly 102.3 Mmbpd from fourth-quarter 2019 to fourth-quarter 2020, economists at the Federal Reserve Bank of Dallas, Texas, report.- Joe Barone, Shale Directories
- Blog
- February 24, 2020
Brazil’s oil, natural gas output sets records in January
Brazil’s oil and natural gas production hit record highs in January, the Brazilian government said last week, Kallanish Energy learns. Last month’s oil production reached 3.17 million barrels per day (Mmbpd), up 1.99% from December, and up 20.43% year-on-year, according to the state-run National Agency of Petroleum, Natural Gas and Biofuels.- Joe Barone, Shale Directories
- Blog
- February 17, 2020
US Henry Hub prices rise 14.5% from 2020 to 2021
In January, the Henry Hub natural gas spot price averaged $2.02 per million British thermal units (MmBtu), as warm weather contributed to below-average inventory withdrawals and put downward pressure on natural gas prices, the Energy Information Administration reports in its February Short-Term Energy Outlook (STEO).- Joe Barone, Shale Directories
- Blog
- February 14, 2020
ND oil production may peak within 5 years: officials
North Dakota’s oil production may peak within five years, as companies finish drilling the most prolific parts of the state, state and industry officials told lawmakers this week, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- February 13, 2020
US crude inventories jump in new EIA survey
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended Feb. 7, increased by 7.46 million barrels (Mmbbl) from the previous week, the Energy Information Administration reported Wednesday.- Joe Barone, Shale Directories
- Blog
- February 12, 2020
Oil from US government leases tops 1 billion barrels in 2019
Crude oil production from federally-managed lands and waters topped a record 1 billion barrels last year, U.S. officials told The Associated Press, as shorter permitting times helped drive new development.- Joe Barone, Shale Directories
- Blog
- January 22, 2020
US natural gas production growth slows in latest DPR
Natural gas production growth in the U.S.’s seven most productive basins/plays won’t break 100 million cubic feet per day from January to February, according to the January Drilling Productivity Report, produced by the Energy Information Administration.- Joe Barone, Shale Directories
- Blog
- January 3, 2020
Pemex’s plan to speed up drilling leads to re-bids
Efforts by Mexico’s national oil company, Pemex, to drill new wells at 20 “priority” fields largely using smaller, local service providers isn’t working, with the company expected to re-bid some of the work this year, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- November 29, 2019
Steel players in energy face challenging 2020
The new year will likely be challenging for steel players in the energy sector, market sources tell Kallanish, sister publication of Kallanish Energy.- Joe Barone, Shale Directories
- Blog
- November 22, 2019
Natural Gas Production, Consumption and Exports Soar, Fractivists Weep
Tom Shepstone Shepstone Management Company, Inc. … … Natural gas exports and production are way up, but so is consumption. The shale revolution has truly delivered the promised “Golden Age of Gas.”- Joe Barone, Shale Directories
- Blog
- November 22, 2019
Crude jumps on hopes of longer Opec cuts
Crude oil prices rose more than 2% Thursday, following a Reuters report Opec+ members are likely to extend output cuts until mid-2020, while new signs emerged China had invited U.S.- Joe Barone, Shale Directories
- Blog
- November 13, 2019
Dry gas production continues climbing in 2020: STEO
Annual U.S. dry natural gas production will average 92.1 billion cubic feet per day (Bcf/d) in 2019, up 10% from 2018, the Energy Information Administration reports in the just-released Short-Term Energy Outlook (STEO), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 3, 2019
Pa emissions fell 92% as energy production rose almost 3,000%
Pennsylvania emissions fell as much as 92% since 1990, even as the state’s energy demand and production soared eleven fold from 2010 to 2018, and natural gas processing expanded more than eightfold during that time frame, a Consumer Energy Alliance (CEA) analysis found.- Joe Barone, Shale Directories
- Blog
- October 27, 2019
Revenue from public lands drilling up by 33% in 2018
Revenue collected and dispersed assets from energy production on public lands rose by billions in Fiscal Year 2019, according to new data released last week by the U.S.- Joe Barone, Shale Directories
- Blog
- October 17, 2019
US crude production to climb from October to November
Crude oil production from the Lower 48 U.S. states’ seven most prolific plays/basins is projected to increase 58,000 barrels per day from October to November, the Energy Information Administration reports in the October Drilling Productivity Report (DPR).- Joe Barone, Shale Directories
- Blog
- October 9, 2019
US natgas production to rise in 2019, 2020: STEO
The Henry Hub natural gas spot price averaged $2.56 per million British thermal units (MMBtu) in September, up 34 cents/MMBtu from August, the first monthly price increase since March, the Energy Information Administration reports in the just-released Short-Term Energy Outlook (STEO).- Joe Barone, Shale Directories
- Blog
- September 26, 2019
Energy Independence: The Charts That Tell Us Everything
Tom Shepstone Natural Gas NOW Energy independence flows directly from the progress of the glorious shale revolution. The U.S.- Joe Barone, Shale Directories
- Blog
- September 24, 2019
Oil rises on Saudi supply concerns
Crude oil rose slightly Monday, after gaining nearly 7% last week, as lingering concerns over global supplies following the Sept. 14 attack on Saudi oil facilities offset prospects for a faster-than-expected restoration of the kingdom’s output and on signs of European economic weakness.- Joe Barone, Shale Directories
- Blog
- September 23, 2019
Iran responsible for ‘attack against the world’: Saudi official
Iran’s recent warnings to Saudi Arabia are “ridiculous” and “laughable,” Saudi minister of State for Foreign Affairs Adel al-Jubeir told CNBC Friday, amid investigations by the kingdom tying Iran to a major attack on its oil facilities.- Joe Barone, Shale Directories
- Blog
- September 17, 2019
North Dakota O&G production hits new highs in July
North Dakota posted records for oil and gas production in July, while the number of producing oilwells in the state also hit an all-time high, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- September 17, 2019
US oil production forecast to climb from September to October
Crude oil production in the U.S.’s seven most productive basins/plays is projected to climb 74,000 barrels per day from September to October, the Energy Information Administration reported in the September Drilling Productivity Report (DPR).- Joe Barone, Shale Directories
- Blog
- September 12, 2019
US crude oil inventories drop more than expected
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 6.91 million barrels (Mmbbl) during the week ended Sept.- Joe Barone, Shale Directories
- Blog
- September 3, 2019
Opec’s output up for the first time in 2019
Crude oil production from the Organization of the Petroleum Exporting Countries (Opec) rose for the first time in the year in August, despite higher-than-pledged cuts from Saudi Arabia and other Gulf producers.- Joe Barone, Shale Directories
- Blog
- August 27, 2019
Sixteen PRB mines produce 43% of US coal
More than 40% of coal produced in the U.S. comes from 16 mines in the Powder River Basin (Prb), which is primarily located in northeast Wyoming/southeast Montana, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- August 26, 2019
US Shale Industry Credited with Driving 10% of US GDP Growth
The shale industry alone drove 10 percent of the growth in the U.S. economy’s gross domestic product from 2010 to 2015, according to a new study by the Federal Reserve Bank of Dallas showing how oil and natural gas deliver wins for the larger economy.- Joe Barone, Shale Directories
- Blog
- August 22, 2019
American Oil and Gas Dominate the Global Energy Picture!
Tom Shepstone Natural Gas NOW … … American oil and gas completely dominated the global energy market in 2018. We’re the king of the hill in oil and in gas with tremendous growth in 2018.- Joe Barone, Shale Directories
- Blog
- August 20, 2019
Natgas deliveries to US LNG export facilities set record
Natural gas deliveries to U.S. facilities producing liquefied natural gas (LNG) for export set a monthly record in July, averaging 6.0 billion cubic feet per day (Bcf/d) — 7% of the total U.S.- Joe Barone, Shale Directories
- Blog
- August 6, 2019
West Virginia Sets New Oil and Natural Gas Production Record (Again)
West Virginia continues to add to the prolific Appalachian Basin’s status as one of the world’s top-producing natural gas regions. [embedded content] For the 10th year in a row, West Virginia set a new oil and natural gas production record, according to the state Department of Environmental Protection.- Joe Barone, Shale Directories
- Blog
- August 1, 2019
US crude production continues setting monthly records
U.S. crude oil production in each of the first five months of 2019 increased over 2018 levels, with April 2019 establishing a new monthly record, the Energy Information Administration reports.- Joe Barone, Shale Directories
- Blog
- July 18, 2019
Natural Gas Politics Behind Pennsylvania Pipeline Opposition
Bill Godsey CEO, Geo Logic Environmental Services, LLC Former geologist for the Texas Railroad Commission … … Natural gas politics is what’s really behind pipeline opposition in Pennsylvania.- Joe Barone, Shale Directories
- Blog
- July 18, 2019
Surge completes Permian’s longest-known lateral
Surge Energy US Holdings Co.’s Moss Creek Resources Holdings unit has completed what’s believed to be the longest lateral in the Permian Basin, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 17, 2019
Pennsylvania DEP, While Fighting DRBC Fracking, Admits Gas Industry Protects Water Resources
Tom ShepstoneShepstone Management Company, Inc. … … The Pennsylvania DEP admits the state’s gas industry is protecting water resources. Yet, it has signed onto the DRBC fracking ban.- Joe Barone, Shale Directories
- Blog
- July 17, 2019
China’s June crude throughput rises to record
China’s crude oil throughput rose to a record in June, up 7.7% from a year earlier, following the start-up of two new refineries, official data showed, Reuters reported.- Joe Barone, Shale Directories
- Blog
- July 16, 2019
Pennsylvania Annual Report: Skyrocketing Natural Gas Production That Is “Protective of Water Resources”
2018 was an immensely successful, record-breaking year for Pennsylvania’s shale industry, according to the Pa. Department of Environmental Protection’s most recent Oil and Gas Annual Report.- Joe Barone, Shale Directories
- Blog
- July 10, 2019
EIA: U.S. Meeting Nearly All of Its Natural Gas Demand
The United States is increasingly meeting its own energy needs thanks to American natural gas, new federal data show. Ninety percent of the natural gas used in the United States last year was produced here, according to the Energy Information Administration.- Joe Barone, Shale Directories
- Blog
- June 27, 2019
Rystad sees another decade of U.S. supply growth
The U.S. will account for almost 25% of global oil and gas production by the early 2030s, as the shale boom continues, according to the CEO of research/intelligence company Rystad Energy.- Joe Barone, Shale Directories
- Blog
- June 18, 2019
Crude production inches up from June to July: Dpr
Crude oil production in the seven most prolific basins/plays in the Lower 48 U.S. states is projected to increase by less than 1% from June to July, the latest Energy Information Administration data reveals, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 17, 2019
ND’s April crude production near high, natgas sets mark
North Dakota crude oil production was flat in April, just below a record set earlier this year, state regulators said Friday — but natural gas production again set an all-time record, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- June 10, 2019
Shale Development is Driving America’s Oil and Natural Gas Dominance
Horizontally drilled wells now account for 96 percent of U.S. oil production from shale formations, as well as about 97 percent of shale gas production – up from 15 percent and 14 percent, respectively, in 2004 – according to a report from the U.S.- Joe Barone, Shale Directories
- Blog
- June 10, 2019