After the close of trading on Friday, Halliburton released a statement saying the release of full earnings is postponed to May 3 from Monday, April 25, citing the deadline for the Baker Hughes deal as the reason.

They announced the merger in November 2014 in a deal now worth roughly $25 billion in a bid competing against industry leader Schlumberger. The U.S.…

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The good times are likely to continue well into 2015 for consumers at the gas pumps, with some experts now forecasting New Mexico’s average price per gallon of unleaded to slide to $1.55 by March, before it starts to rebound in the spring.

Consumers can generally thank Saudi Arabia for the latest predictions, said Daniel Fine, associate director of the New Mexico Institute for Mining and Technology’s Center for Energy Policy. That…

Crude oil futures in the January contract had a wild trading week continuing a bearish trend after settling last Friday around 66.15 basically going out at the same price today and if you are still short this market I would…

Crude oil futures in the January contract are down $6 a barrel as OPEC announced on Thanksgiving that they will not cut production as the trade was…

Industry Cloud Provider Delivers one of the First Mobility Solutions for Oil and Gas A/P Workflow

DENVER, Dec. 10, 2013 (GLOBE NEWSWIRE) -- Oildex, the innovator of smart information management solutions for the oil and gas industry, is pleased to announce the release of Spendworks Mobile Approval, one of the…

After years of steadily rising prices, “low-cost fuel” may seem like an oxymoron.

But thanks to a steady surge in domestic oil and gas production, energy experts say consumers could enjoy inexpensive gasoline and natural gas for years to come.…

The Clean Air Council is once again making the trek from Philadelphia to the Marcellus; this time to try to stop the distribution of natural gas to homes and businesses in Luzerne County.

The Clean Air Council (CAC) has been behind most, if not all, of the compressor station hearings in…

The Pennsylvania Department of Environmental Protection (DEP) recently responded to a report put out by the Clean Air Council (CAC) of Philadelphia, which had alleged high emissions from the Barto compressor station in Penn Township, Lycoming County. Real data, however, show emission levels far below federal…

Author: John Krohn, Energy In Depth

The Scranton Times Tribune published an investigative article with the inflammatory headline “Drilling Killing Water.”  Of course, a review of the article itself and the data underlying it show a much different set of circumstances than the Times-Tribune headline would lead you to believe.

Over the weekend the Scranton Times-Tribune ran…

Energy Day took place last week in Scranton, Pennsylvania. The event was organized by America’s Natural Gas Alliance (ANGA), the Associated Petroleum Industries of PA (American Petroleum Institute, API), the Marcellus Shale Coalition (MSC) and the Pennsylvania Independent Oil & Gas Association (PIOGA). The event was attended by over 300 individuals and representatives of 13 different Chambers of Commerce. We will be highlighting…

Energy Day took place last week in Scranton, Pennsylvania. The event was organized by America’s Natural Gas Alliance (ANGA), the Associated Petroleum Industries of PA (American Petroleum Institute, API), the Marcellus Shale Coalition (MSC) and the Pennsylvania Independent Oil & Gas Association (PIOGA). The event was attended by over 300 individuals and representatives of 13 different Chambers of Commerce. We will be…

The Pennsylvania Department of Environmental Protection (DEP) has  released the results of its investigation of alleged methane migration in Franklin Township, Susquehanna County. DEP’s findings confirm what initial isotopic testing conducted by WPX…

It’s no secret the Marcellus Shale is providing an economic boost for economies across the Northern Tier, and one great indicator of this is the performance of banks in the area.

The banking industry in Pennsylvania has had to ride out the same depressed economy as every other financial institution across the country. Back in 2008, when the federal government took over Fannie Mae and Freddie Mac after the housing bubble burst, institutions in…

ARMINGTON – The San Juan Basin could be headed toward a renaissance in natural-gas and oil drilling if rosy expectations touted by industry officials at Monday’s San Juan Basin Energy Conference hold true.

          An extremely hot issue at the present time involves post-production costs or “deductions” that landowners are seeing subtracted from their gas royalty checks.  Typically, boilerplate Oil and Gas Leases offered to landowners clearly permit the gas company to deduct post-production costs for the cost of producing, gathering, storing, separating, treating, dehydrating, processing, transporting and marketing the oil and gas. 

          In the 2010 Pennsylvania Supreme Court’s…

The celebrity tour of Dimock has been in and out of the news for the past few weeks. But, with all these natural gas impacts the celebs reported seeing, what about the many things that never even got a mention?

It’s been a couple of weeks now since some well known celebrities and their…

Author: Rachael Colley, EID Marcellus Field Director

Yoko Ono and Sean Lennon, together with a host of other characters, jumped into two Mercedes vehicles to head to Dimock and campaign against natural gas in New York, the same natural gas that heats the home of the Beatles beneficiaries.

Yesterday, Tom and I had an opportunity to travel to Dimock, Pennsylvania for a…

Nicole sorts through the “everyone’s an expert” mentality on natural gas development to get to the heart of who the real experts are on this topic (NOTE: It’s not the actors or politically correct academics).

There is a lot of information circulating in the media and on the internet about natural gas development. Much of this stems from meetings held around the area where so-called experts step up to the plate in an attempt to educate the public.  But, how do…