Coterra Energy to Pay $16.3 Million for Pennsylvania Water Contamination Plea
The Pennsylvania attorney general charged Coterra Energy in 2020 after a grand jury investigation showed that drilling unconventional gas wells by the company had been responsible for methane pollution in the local water supply.
Appalachia Assets Operated by Seneca Resources Sold to IOG Resources
The deal includes Clearfield, Elk and McKean counties, Pennsylvania, assets with current net production averaging about 17 MMcf/d.
Barnett Shale’s Largest Producer BKV Corp Files for IPO
The company, which also has assets in the Marcellus, has an integrated approach that includes upstream, midstream, power generation and carbon capture business lines.
Equitrans Stops Natgas Leak at Pennsylvania Storage Facility
Equitrans said Rager Mountain can store 9 Bcf of gas. The leaking well, called the George L. Reade 1 storage well, was one of 10 operating storage wells at the facility.
Equitrans Expects to Stop Pennsylvania Gas Leak in Next Couple of Days
Equitrans has estimated the size of the leak, which started on Nov. 6 at the facility in Cambria County’s Jackson Township, at about 100 MMcf/d, according to the Pennsylvania Department of Environmental Protection (DEP).
Shell Begins Operations at Polymers Plant in Pennsylvania
Shell's Pennsylvania-based polyethylene manufacturing plant will help accelerate its net-zero emissions targets while providing at least 600 jobs to the northeastern U.S. area.
![A&D Minute (Nov. 16, 2022): Diamondback’s $500 Million Divestiture Goal [WATCH]](/sites/default/files/styles/featurable_list_image/public/image/2022/11/ad-minute-nov-9-2022-diamondbacks-500-million-divestiture-goal-watch.jpg?itok=6ZxY3OGc)
A&D Minute (Nov. 16, 2022): Diamondback’s $500 Million Divestiture Goal [WATCH]
Also in this week’s A&D Minute: Kimbell Royalty Partners made its largest deal in four years plus find out why EOG Resources CEO Ezra Yacob is comparing the company’s new Utica play’s prospects to the Delaware Basin.
On the Market Oil and Gas Quicklist (Week of Nov. 16, 2022)
Here’s a quicklist of oil and gas assets on the market including a Recoil Resources Eagleville Field well package within the Eagle Ford Basin in Atascosa and Wilson counties, Texas.
Permitting, Infrastructure Woes Block Paths to Net Zero
Williams Cos. CEO Alan Armstrong and other energy leaders are calling for permitting reform that impacts not only natural gas pipelines and infrastructure but also renewables infrastructure.
Here’s What Else EOG Will Say About the ‘New’ Utica
EOG Resources’ new Ohio Utica position is “almost reminiscent of what we saw nearly a decade ago happening in the Delaware Basin,” said CEO Ezra Yacob.