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Pennsylvania Oil & Gas News. Service for global professionals. Constantly updated news and information about Pennsylvania.
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Latest Pennsylvania Oil & Gas News

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  • Exxon sees natural gas as America's energy future 14 Dec 2009 19:24 GMT
    ... " Exxon Mobil Corp., the biggest U.S. oil company, agreed to buy . for $31 billion ... restrictions will spur increased demand for natural gas. Energy is a large company (Mkt cap. ... gas-bearing formation that stretches through parts of Pennsylvania, New York, and West Virginia. Natural gas ...

  • Thousands evacuate after gas leak in cenral Ohio 14 Dec 2009 17:30 GMT
    ... company charged with pollution in Pa. The Pennsylvania Attorney General has charged an Ohio natural ... Ohio, has been charged with illegally discharging oil and other waste. The company did not ... called at about 8 a.m. to Heartland Petroleum after a leak of hydrogen and hydrogen ...

  • Thousands evacuate after gas leak in central Ohio 14 Dec 2009 18:10 GMT
    ... company charged with pollution in Pa. The Pennsylvania Attorney General has charged an Ohio natural ... Ohio, has been charged with illegally discharging oil and other waste. The company did not ... called at about 8 a.m. to Heartland Petroleum after a leak of hydrogen and hydrogen ...

  • Exxon's Deal: Gas Yes, Iraq No 14 Dec 2009 18:51 GMT
    ... Iraq could someday produce more oil than Saudi Arabia; it's natural that Exxon wants to ... to come. ) is focused on natural gas fields in the good old U.S.A., especially ... leader in the Marcellus shale centered in Pennsylvania. ) is in practically every play and ...

  • Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil 14 Dec 2009 16:09 GMT
    ... Deal; Enhances US Position in Unconventional Natural Gas and Oil XTO Energy Inc. in an all-stock transaction valued at ... concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, ...

  • Imperial acquires 1805 gas wells in Appalachian basin 14 Dec 2009 05:31 GMT
    ... Imperial Corporation Ltd will buy 1805 gas wells in the Appalachian Basin, in the ... says the wells in New York and Pennsylvania produce around 1.8Bcfe a year. Independent Reserves ... the company says. Based on gas and oil swap prices in early December, the 1P reserves have ...

  • Q&A with the director of the nat gas documentary "Haynesville." 14 Dec 2009 14:33 GMT
    ... Q&A with the director of the nat gas documentary "Haynesville." Saturday's Chronicle has a version ... with a preconceived notion of what an oil company is and what they do, or what ... than up in the Marcellus [shale in Pennsylvania and New York]. We didn't cover the ...

  • Exxon Mobil Corporation and XTO Energy Inc. Announce Agreement (BIZ) 14 Dec 2009 13:30 GMT
    ... enable development of additional supplies of unconventional oil and gas resources, benefiting consumers both here ... is the largest refiner and marketer of petroleum products, and its chemical company is one ... concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, ...

  • Exxon Mobil Corporation and XTO Energy Inc. Announce Agreement 14 Dec 2009 13:30 GMT
    ... the development of unconventional natural gas and oil resources. Under the terms of the agreement, ... is the largest refiner and marketer of petroleum products, and its chemical company is one ... concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, ...

  • Range Announces Marcellus Infrastructure Expansion 14 Dec 2009 14:10 GMT
    ... phase expansion of the Marcellus Shale natural gas processing infrastructure has been completed. The third ... phase three assets are located in southwestern Pennsylvania and are owned and operated by MarkWest ... stimulus for Pennsylvania." ) is an independent oil and gas company operating in the Southwestern and Appalachian ...

  • Range Announces Marcellus Infrastructure Expansion (BIZ) 14 Dec 2009 14:10 GMT
    ... day. The processing capacity for high Btu gas is approximately 155 Mmcf per day, while ... content of Marcellus Shale gas in southwestern Pennsylvania, coupled with currently strong liquids prices, the ... for Pennsylvania." (NYSE: RRC) is an independent oil and gas company operating in the Southwestern and Appalachian ...

  • New chance on the old Silk Road 14 Dec 2009 12:33 GMT
    ... companies, small to medium-sized firms from California, Pennsylvania, Florida, Wisconsin, Indiana, Virginia, Tennessee and Maryland ... of the Caspian Sea region. Today, Azerbaijan's oil fund stands at $25 billion and by 2016 it ... estimated that its foreign exchange reserves (excluding gas sales to Europe) will be $200 billion. ...

  • Range completes third phase of expansion in Marcellus 14 Dec 2009 15:47 GMT
    ... in region 180 mmcf/d * Sees 2010 gas infrastructure capacity at 185 mmcf/d * Shares ... in the northeastern U.S. in parts of Pennsylvania, New York and West Virginia and said ... additional compression, the company said. The independent oil and gas company also said it is developing additional ...

  • Exxon Mobil buying XTO for $31 billion 14 Dec 2009 17:07 GMT
    ... The move is a shift toward natural gas and domestic production for Exxon, which has ... has spent more time recently focused on oil production elsewhere on the globe. "They're going to ... Barnett and similar formations in Louisiana and Pennsylvania generally are expensive and technically complex to ...

  • Shares of EnCana, shale firms, jump on XTO offer 14 Dec 2009 17:33 GMT
    ... as investors bid up shares of unconventional gas producers in the wake of Exxon Mobil ... (XTO.N: Exxon, the world's largest publicly traded oil and gas company, said on Monday it plans to ... that the Marcellus shale region centered in Pennsylvania contains as much as 262 trillion cubic ...


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