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
NYS Filing Date
MAY 13, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - MARCELLUS DRILLING NEWS, LLC
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.
- South Korea fires missiles during drills as standoff with North intensifies
By Associated Press - Thursday Jul 6, 2017
SEOUL, South Korea — South Korean warplanes and navy ships have fired a barrage of missiles into the waters during one-day drills aimed at boosting a readiness against possible North Korean aggression. Thursday’s drills off the east coast were previously scheduled but they occurred two days after North Korea test-launched its first intercontinental ballistic missile....
- US bombers hold firing drills with South Korean forces
By Reuters - Saturday Jul 8, 2017
Two U.S. supersonic bombers conducted live-fire drills on Saturday in South Korea in a show of force following North Korea’s test-launch of an intercontinental ballistic missile (ICBM), the South’s military said. The pair of B-1B Lancer strategic bombers flew from a U.S. base on Guam and were joined by U.S. and South Korean jet fighters...
- 'Clear Message': U.S. Bombers Stage Drill in Show to North
By Stella Kim and Courtney Kube and Phil Helsel - Saturday Jul 8, 2017
Two B-1 bombers and American and South Korean fighters carried out an exercise in a show of force to North Korea following this week's ICBM test.