Seeking Alpha: EQT David L. Porges on Q4 2015 Results - "As Phil just said, today, I'd like to review two topics, the 2015 reserve report and an update on our Deep Utica program. Starting with the Utica, as you know, we turned in line our first Deep Utica well, the Scotts Run 591360 (sic)  in July of 2015. The well continues to produce at a consistent 30 million cubic feet per day with a..."
ValueWalk: What Trump and Sanders Said About Oil Prices 4 Years Ago - "Remember when complaining about the price of gas was all the rage? The public discourse was awash in pseudo-psychology, hand-wringing about “peak oil,” and an array of conspiracy theories to explain why oil cost so much. There was much ado about..."
Investor's Business Daily: Dear Bernie: Oil Fuels Your Beloved Scandinavian Spending Spree - "Democratic presidential candidate Bernie Sanders has often talked about his desire for the United States to emulate the socialist welfare states of Denmark, Norway, and Sweden by providing free college and health care and expanding Social Security. Sanders also wants to ban oil, natural gas, and coal production on lands..."
DNVGL: Oil and Gas Sector Needs to Commit to Long-Term Thinking to Achieve Meaningful Cost Cuts - "A majority of senior oil and gas professionals (56%) believe that the industry is repeating the mistakes of previous downturns and have concerns over the loss of jobs and experience and lack of efficiency, according to a new report published today by DNV GL, the leading technical advisor to the oil and gas industry. A new phase of cost management is..."
World Oil: Looking Back at 2015: What Happened, What Didn't, and Hope for the Future - "Looking back, I am struck by what a unique year 2015 was, even in the dynamic world of oil and gas. To be sure, 2014 was marked by a price shock that rapidly brought us from $90-$100/bbl down to around $60/bbl. In 2015, oil prices continued to decline, down to below $40/bbl. So in little more than a year, upstream companies faced a..."
ShaleOhio: Federal Judge Throws Out Lawsuit Against Muskingum Watershed Conservancy District - "A federal judge has dismissed a lawsuit filed by Ohio residents who contended that the Muskingum Watershed Conservancy District (MWCD) had improperly entered into leases allowing hydraulic fracturing for oil and natural gas on state lands, according to Mealey’s Fracking Report. In United States of America ex rel. Leatra Harper v. Muskingum Watershed Conservancy District (N.D. Ohio No. 5:13-cv-02145-SL), Judge Sara Lioi of the U.S. District Court for the Northern District of Ohio ruled that..."
Akron Beacon Journal: Gulfport Energy Reports Big Jump in Proved Reserves, Mostly in Ohio's Utica Shale - "Gulfport Energy Corp. on Tuesday reported a major boost in year-end 2015 proved reserves, mostly in the Utica Shale in eastern Ohio. The Oklahoma-based company reported that year-end reserves grew from 933.6 billion cubic feet of natural gas equivalents to 1.7 trillion cubic feet of natural gas equivalents. That is an increase of 83 percent from..."
Seeking Alpha: CONSOL Energy's CEO Nick DeLuliis on Q4 2015 Results - "Our suite of potential monetization candidates has changed since then and that’s predominantly a result of success that we’re seeing in the dry Utica Shale. We believe dry Utica adds substantial value to the company and where recent disclosures on our monetization program talk about running..."
Akron Beacon Journal: Ohio's Severance Tax Bringing in Tens of Millions of Dollars - "Ohio’s severance tax rate on natural gas and oil is among the lowest in the United States, but it is suddenly generating tens of millions of dollars for state coffers. That’s because lots of horizontal wells have been drilled in eastern Ohio and are starting to produce large volumes of natural gas and..."
Press release: Chevron Reports Fourth Quarter Loss of of $588 Million and 2015 Earnings of $4.6 Billion - "Chevron Corporation (NYSE:CVX) today reported a loss of $588 million ($0.31 per share – diluted) for fourth quarter 2015, compared with earnings of $3.5 billion ($1.85 per share – diluted) in the 2014 fourth quarter. Foreign currency effects increased earnings in the 2015 quarter by $46 million, compared with an increase of $432 million a year..."
Energy in Depth: New German Study Finds Fracking Doesn't Contaminate Water - "A new study released this week by geologists at the Federal Institute for Geosciences and Natural Resources (BGR), found that developing Germany’s shale gas and oil resources through hydraulic fracturing would not pose a threat to drinking water resources. While the study itself is currently only available in German, a Reuters report summarized its findings and..."
ThinkProgress: How Congress and the Supreme Court Blew Up the Natural Gas Bridge to Renewables - "Thanks to recent decisions by the GOP-controlled Congress and the Roberts Supreme Court, renewable energy (and energy efficiency) have been given a major boost. A new analysis suggests that this boost, particularly the extension of the solar and wind energy tax credits in the end-of-year budget deal, is large enough to wipe out the natural gas renaissance that had been..."
Seeking Alpha: Why Halcon Resources Might Not Survive the Oil Downturn - "Halcon Resources (NYSE:HK) has witnessed a phenomenal drop in its stock price this year as it has lost almost 61% of its value in a very short time in 2016. This massive drop in the company's stock price has pushed it into penny stock territory and given the way its balance sheet looks, I think that..."
Seeking Alpha: Collapse of Shale Gas Production - "The U.S. Empire is in serious trouble as the collapse of its domestic shale gas production has begun. This is just another nail in a series of nails that have been driven into the U.S. Empire coffin. Unfortunately, most investors don't pay attention to what is taking place in..."
Energy in Depth: Ohio Elected Officials and Statewide Groups Voice Support for Drilling in Wayne National Forest - "Elected officials from both parties recently joined groups from across Ohio to advocate forresponsible oil and gas development in the Wayne National Forest (WNF). The support has been overwhelming and bipartisan ahead of the public comment period coming to a close. U.S. Senator Rob Portman, Congressman Bill Johnson, Ohio Treasurer Josh Mandel, state representatives, state senators, county commissioners, economic development agencies, chambers, and..."
Bloomberg Business: EPA Fracking Study Faulted by Science Panel Citing Failed Wells - "There’s no evidence hydraulic fracturing has led to "widespread, systemic" impacts on drinking water, the EPA said in its landmark study on the technique used to extract oil and gas nationwide. The EPA’s finding was seen as a vindication of the technique that involves pumping water, sand and chemicals underground to free oil and gas. Science advisers reviewing the EPA study said Monday the agency’s description isn’t good enough. During a..."
ShaleOhio: Big Oil Companies at Risk of Ratings Downgrades by Moody's - "Three of the world’s biggest energy companies — Royal Dutch Shell, Total and Statoil — are among 175 energy and mining firms at risk of ratings downgrades by Moody’s due to the collapse in oil and other commodities markets, according to StockWatch. The financial site says ratings downgrades are seen by some analysts as most likely for..."
Kallanish Energy News: Development Speed of Ohio's Utica Shale Mind-Boggling - "The speed at which Ohio’s portion of the Utica Shale play has developed is mind-boggling. In 2010, just two Utica wells were drilled. As of Jan. 16, 2016, 1,669 wells had been drilled, 2,117 permits had been let, and roughly 900 of the drilled wells were producing gas, NGLs and/or crude, according to Rick Simmers, the Ohio Department of Natural Resources chief of..."
The Intelligencer/Wheeling News-Register: Truck Accidents Keep Ohio Valley First Responders Busy - "Reports of accidents involving large trucks related to the Marcellus and Utica shale industry continue, as a tractor-trailer carrying propane crashed along U.S. 250 in Wetzel County Thursday, just one day after a water truck wrecked in Marshall County..."
Reuters: Barometer of Shale Oil Industry's Health Warns Agony to Get Worse - "The latest blow to the energy industry's collective psyche has been inflicted by National Oilwell Varco Inc, with the giant oilfield equipment maker warning the pace of drilling and fracking will only slow further as 2016 drags on. A 70 percent drop in crude prices since..."
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