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2014-07-02T00:00:00.000Z

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Wrong David Drennon?

David Drennon E.

Marketing and Transportation Manager

HG Energy LLC

Direct Phone: (304) ***-****       

HG Energy LLC

5260 Dupont Road

Parkersburg, West Virginia 26101

United States

Company Description

HG Energy is a privately held company established on January 1, 2011. HG Energy's assets have a long rich history in the development and production of oil and gas. HG's West Virginia assets were purchased from East Resources, Inc., a Pennsylvania corporat ... more

Find other employees at this company (19)

Background Information

Employment History

Pipeline Manager
East

General Manager, West Virginia Utility
East Resources, Inc.

Position, West Virginia Gas Operations
Pennzoil Company

Affiliations

Chair of Education and Communication Committee
Independent Oil

Chair of Education and Communication Committee
Gas

Board Member
Gas Association of West Virginia

Education

bachelor's degree
mathematics
Glenville State College

Web References (35 Total References)


David E. Drennon, marketing ...

energyspeakswv.com, $reference.date [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from...


David E. Drennon, marketing ...

www.energyspeakswv.com, $reference.date [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from...


David E. Drennon, marketing ...

www.energyspeakswv.com, $reference.date [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from the Marcellus Shale deposits and oil from the Utica Shale deposits in the future.

Drennon said the current development falls into two primary areas, the wells themselves and the infrastructure, from pipelines to processing facilities of various types.
...
Drennon said for gas prices, the curve is going the wrong way, partly due to recent success in drilling and the glut of natural gas it has placed on the market. The cost is $3.40 for the main unit measurement of natural gas, down from $10 in 2008.
That drop in price is due to the rise in extraction, he said. It involves dry gas production, which has made it uneconomical now to drill for dry gas.
Wet gas includes a variety of liquid products with the natural gas that can be extracted and used in other products and services. Drennon said those additional potential revenue streams are what is moving interest away from dry gas production toward wet gas production, although he expects interest to return to dry gas.
Drennon said this region's Marcellus Shale has tremendous volumes of gas, but it is a dry gas area.
...
Drennon believes processing facilities will be built in the local region, becoming an economic engine.
"It's a tremendous economic opportunity," he said.


David E. Drennon, marketing ...

justbeneaththesurfacewv.com, $reference.date [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from the Marcellus Shale deposits and oil from the Utica Shale deposits in the future.

Drennon said the current development falls into two primary areas, the wells themselves and the infrastructure, from pipelines to processing facilities of various types.
...
Drennon said for gas prices, the curve is going the wrong way, partly due to recent success in drilling and the glut of natural gas it has placed on the market. The cost is $3.40 for the main unit measurement of natural gas, down from $10 in 2008.
That drop in price is due to the rise in extraction, he said. It involves dry gas production, which has made it uneconomical now to drill for dry gas.
Wet gas includes a variety of liquid products with the natural gas that can be extracted and used in other products and services. Drennon said those additional potential revenue streams are what is moving interest away from dry gas production toward wet gas production, although he expects interest to return to dry gas.
Drennon said this region's Marcellus Shale has tremendous volumes of gas, but it is a dry gas area.
...
Drennon believes processing facilities will be built in the local region, becoming an economic engine.
"It's a tremendous economic opportunity," he said.


David E. Drennon, marketing ...

www.justbeneaththesurfacewv.com, $reference.date [cached]

David E. Drennon, marketing and transportation manager with H.G. Energy LLC in Parkersburg, spoke about the development of natural gas from the Marcellus Shale deposits and oil from the Utica Shale deposits in the future.

Drennon said the current development falls into two primary areas, the wells themselves and the infrastructure, from pipelines to processing facilities of various types.
...
Drennon said for gas prices, the curve is going the wrong way, partly due to recent success in drilling and the glut of natural gas it has placed on the market. The cost is $3.40 for the main unit measurement of natural gas, down from $10 in 2008.
That drop in price is due to the rise in extraction, he said. It involves dry gas production, which has made it uneconomical now to drill for dry gas.
Wet gas includes a variety of liquid products with the natural gas that can be extracted and used in other products and services. Drennon said those additional potential revenue streams are what is moving interest away from dry gas production toward wet gas production, although he expects interest to return to dry gas.
Drennon said this region's Marcellus Shale has tremendous volumes of gas, but it is a dry gas area.
...
Drennon believes processing facilities will be built in the local region, becoming an economic engine.
"It's a tremendous economic opportunity," he said.

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