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Energy & Resources

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Hurricane Harvey: Rain Falls, Gas Prices Rise

When meteorologists merely project a hurricane’s path across an area that produces large quantities of oil and natural gas and has a large refining ... read more >

Shale Oil Producers Continue to Challenge OPEC's Pricing Power

For the past four months in a row, there have been increases in shale oil production of more than 100,000 barrels per day, according to data compiled by ... read more >

Proposed Taxes: Damaging to Users and Producers of Natural Gas in PA

Earlier in the summer, in an attempt to close the budget gap for the 2017-18 fiscal year, the Pennsylvania Senate passed a bill to assess an additional ... read more >

A Postcard From COPAS

Last week, the Council of Petroleum Accountants Societies (COPAS), hosted its latest chapter meeting at Oglebay Resort and Conference Center in Wheeling, ... read more >

West Virginia Supreme Court Eliminates NPRI Pooling Consent

On May 31, 2017, the West Virginia Supreme Court issued an opinion eliminating the need for nonparticipating oil and gas royalty interest owners to consent ... read more >

Pittsburgh's Energy Efficiency is Ranked 17th out of 51 U.S. Cities

In recent news, the Trump administration has made it clear that the United States intends to withdraw from the Paris Climate Treaty (United Nations Framework ... read more >

New Legislation Could Impact the Definition of a “Stripper Well”

The Pennsylvania Commonwealth Court decision that defined the threshold of low-producing “stripper wells” could cost state and local governments ... read more >

Revenue Recognition: Challenges in Implementing the New Standard

I’m sure by now you have heard there is going to be a little change in how practically all companies, including E & P companies, recognize revenue. ... read more >

Pennsylvania Mineral Rights and Surface Rights - A Brief Overview

Once a parcel of land is purchased, the surface rights transfer to the purchaser, but what is underneath may surprise you. In Pennsylvania, among other ... read more >