While the pace remains much slower than it was during the industry's boom years earlier this decade, when a drilling frenzy transformed sleepy towns and rural areas into economic hotbeds, 2017 has produced a modest rebound and hope of better days ahead in the Marcellus Shale, the nation's largest natural gas field.Drillers had been battered by several years of rock-bottom prices caused by oversupply and inadequate pipeline capacity.The low prices were good for consumers, and businesses and manufacturers that use gas, but they cost energy companies billions and prompted some of them to stop drilling altogether."Markedly better prices, thus more cash flow and more capability to invest," said Jack Bergeron, Southwestern's senior vice president of operations.EQT, Pennsylvania's busiest driller, recently positioned itself to become the nation's largest natural gas producer by announcing plans to acquire Rice Energy Inc. of Canonsburg, the state's No. 3 producer, for $6.7 billion.
NYS Entity Status
- Dissolution (May 23, 2014)
NYS Filing Date
APRIL 10, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - KMB SOLUTIONS, INC.
AROUND THE WEB
- After dismal 2016, shale gas drillers begin to turn a corner
By MICHAEL RUBINKAM, Associated Press - Tuesday Jul 4, 2017
- Gas Everywhere but No Way to Ship It
Thursday Jul 20, 2017
Natural gas pipeline delays in the Marcellus and Utica shale producing regions have caused a sharp discount for gas sold in the region.
- Food & Wine Magazine Will Leave New York for Alabama
By STEPHANIE STROM - Friday Jun 23, 2017
The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.
- Kaltura And Akamai Partner On Predictive Content Delivery
Monday Jun 12, 2017
Video technology provider Kaltura and cloud platform Akamai Technologies, Inc. said they'll extend their partnership with a new joint solution adding predictive content delivery to the mix, combiningAkamai's predictive content delivery and Kaltura's TV platform.