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Seneca Reports Big Jump in Natural Gas Production From New Pennsylvania Assets Seneca Resources Co. LLC’s acquisition of the Royal Dutch Shell plc Pennsylvania assets last year helped drive a significant gain in fiscal second quarter production volumes. Seneca last July closed on a deal to acquire 450,000 net acres across the state including 350 producing Marcellus and Utica shale wells in Tioga County. Seneca, a subsidiary of National Fuel Gas Co. (NFG), said fiscal 2Q2021 production increased 43% year/year to 85.2 Bcfe. The bulk of the production gain came from the Eastern Development Area (EDA), which includes Tioga County. Net production increased by 21.2 Bcf year/year to 50.2 Bcf in the EDA, while volumes from Seneca’s Western Development Area in northwest Pennsylvania increased 4.6 Bcf to 31.3 Bcf over the same time. The company was most active on the western side of the state, however, bringing online 13 wells in the WDA during its second quarter. ....
Climate council meets Presented by Avangrid Networks’ Excelsior Connect: The Power of NY Editor’s Note: Weekly New York and New Jersey Energy newsletter is a weekly version of POLITICO Pro’s daily New York and New Jersey Energy newsletter. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. Good morning and welcome to the Monday edition of the New York & New Jersey Energy newsletter, when we take a look at the week ahead and look back at what you may have missed last week. ....
Operator Good day and thank you for standing by. Welcome to the Q2 2021 National Fuel Gas Company Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] I would now like to hand the conference over to your speaker today, Mr. Ken Webster, Director of Investor Relations. Thank you, sir. Please go ahead. Kenneth E. Webster Director of Investor Relations Thank you, Brenda, and good morning. We appreciate you joining us on today s conference call for a discussion of last evening s earnings release. With us on the call from National Fuel Gas Company are Dave Bauer, President and Chief Executive Officer; Karen Camiolo, Treasurer and Principal Financial Officer; and Justin Loweth, President of Seneca Resources. At the end of the prepared remarks, we will open the discussion to questions. ....
ENERGY TRANSITIONS: Leaked docs: Gas industry secretly fights electrification eenews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eenews.net Daily Mail and Mail on Sunday newspapers.
Gas utilities expected to post earnings growth in Q1'21 reports amid ESG push spglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spglobal.com Daily Mail and Mail on Sunday newspapers.