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Falcon Drilling tackles shale sites with mid-sized equipment

By David Conti Executives at the big, publicly traded energy companies exploring the Marcellus and Utica shales like to tell investors they’re drilling gas wells more quickly and cheaply than before. Indiana County-based Falcon Drilling is helping them make their case, with its focus on using mid-sized rigs and air drilling, a less-expensive approach. “We

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How the shale boom translates into big profits for U.S. refineries

Nicholas Sakelaris U.S. refineries are churning big profits compared to their international counterparts, in large part because the U.S. shale boom provides them with cheap crude oil and natural gas, the Energy Information Administration reports. That cheap feedstock gets converted into products such as gasoline that can be sold at international prices. The EIA estimates that

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Dominion seeks federal approval for two Appalchian pipelines

By Bob Downing RICHMOND, Va., June 3, 2014 /PRNewswire/ — Dominion (NYSE: D) yesterday asked the Federal Energy Regulatory Commission (FERC) to approve two projects that would provide additional natural gas supplies from the ever-growing production in the Appalachian Region. The New Market project in upstate New York improves access for National Grid to meet

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Houston CEO: ‘There’s not a better growth story’ in U.S. for gas than Marcellus and Utica shale plays

By Tom Knox Houston-based Magnum Hunter Resources Corp. (NYSE: MHR) thinks it could soon take the throne as owner of the most productive well in the Utica shale play. Magnum Hunter’s well is only the second in the Utica shale in West Virginia (Chevron Corp. (NYSE: CVX) drilled the first in Marshall County earlier this year).

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New Bakken crude testing facility opens in Williston

IBy Emily Aasand Inspectorate, a core part of Bureau Veritas Commodities Division, has opened a new analytical testing facility in Williston, N.D., which specializes in the analysis of crude oil and gas production from the Bakken shale play in North Dakota. Bureau Veritas also provides meter verification services for Williston and the surrounding areas. Meter verification

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