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
JULY 23, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC NOT-FOR-PROFIT CORPORATION
2014 - NATURAL STEM ENRICHMENT, INC.
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