JRS Land Co. is committed to keeping you updated on news stories from in and around the gas/oil industry.
Natural gas prices spike 13 percent on forecasts for long, severe cold
Natural gas prices spiked on Monday as the market gained confidence that the severe cold gripping the United States will persist longer than previously thought…Read more
US to become a net energy exporter in 2020 for first time in nearly 70 years, Energy Dept says
The boom in U.S. oil and natural gas production will make the U.S. a net energy exporter in 2020 …Read more
Department Of Energy Announces $88 Million For Oil And Natural Gas Recovery Research
WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE’s) Office of Fossil Energy has announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs)…Read more
Shale drilling tests to start in West Virginia this week
Drilling will begin this week near Morgantown, W.Va., to develop capabilities that would allow for more efficient extraction of natural gas….Read more
Marcellus Shale Update: 2018, The Year In Review
2018 began with the United States producing immense amounts of oil and natural gas…Read more
Big News! Marcellus LNG Export Plant Coming to Landlocked NEPA
We have some exciting news to share. A company called New Fortress Energy is planning to build an LNG (liquefied natural gas) liquefaction plant in Wyalusing (Bradford County), PA. The $800 million (!) plant will supercool and liquefy locally extracted Marcellus Shale gas and ship it first by truck, eventually by rail, to “customers in the U.S. as well as abroad.” Meaning exports. (more…)