Archive for April 16th, 2013

Chesapeake 2.0? Aubrey McClendon is Back – in the Energy Business

It was pretty easy to predict (and MDN predicted it), that a very youthful Aubrey McClendon would not just sit on his hands and lick his wounds after being unceremoniously tossed aside by corporate raider Carl Icahn and other Chessy investors. MDN said this on April 1: Why is it an error to show McClendon […]

MDN Goes to NAPE East in Pittsburgh (Pictures!)

Sooner or later, all energy roads in the Marcellus and Utica Shale lead to Pittsburgh. In many ways, because of the huge impact of the Marcellus (and now Utica) Shale, Pittsburgh has become the new Houston–the center of the energy universe. At least in the northeast. Last week the North American Prospect Expo (NAPE) brought […]

PBS ‘Innovation Trail’ Does Sloppy (Lazy?) Reporting on JLCNY

Although it’s often maddening, to MDN, it’s sad to have to report on the bias (or laziness) in the mainstream media with regard to the drilling issue. Today we bring you one of the many examples we could have—and we bring it because of its particularly egregious nature. Innovation Trail is a collaboration between six […]

T. Boone Pickens Let’s the "F" Word Fly Re NatGas & DC

Boone Pickens is worked up about the lack of vision and foresight on the part of Washington, D.C. politicians—when it comes to converting trucking fleets to run on natural gas. He’s so worked up, in fact, that he let the "f" word fly in referring to said politicians during a recent conversation with a Bloomberg […]

Bloomberg Says Ohio Utica Shale is Gassy, Not Oily

Even though the 2012 production numbers for Ohio have still not been released, Bloomberg has declared Ohio’s dreams of producing large quantities of crude oil now dead and buried. Bloomberg says the Utica Shale play has turned out much more "gassy" than "oily". As their evidence, Bloomberg points to Ohio Utica asset sales now offered […]

Chesapeake Investor Presentation – Interesting Slides/Maps

Thanks to intrepid MDN contributor Chris Acker for sending along a link for the latest PowerPoint slide deck published by Chesapeake Energy (see it below). Jammed with useful information, we particularly like map on Slide 13 showing the location of natural gas processing plants in the Utica/Marcellus (with Chesapeake’s leasehold acreage colored in); the map […]

Magnum Hunter 1Q13 Update: More Drilling in Marcellus/Utica

This morning Magnum Hunter Resources, a drilling and midstream (pipeline) company issued an update for their first quarter 2013 operations. According to CEO Gary Evans, Magnum Hunter is due to close on the sale of their Eagle Ford Shale assets to Penn Virginia for $401 later this month. They plan to reinvest the proceeds in […]

Good Progress on MarkWest’s Cadiz, OH Processing Plant

MarkWest’s Cadiz, Ohio natural gas processing plant has been online since last year and currently separates handles 60 million cubic feet of gas per day (Mmcf/d), separating out gas liquids like ethane, propane, butane and pentane. MarkWest is busy building an expansion of the plant that, when done, will add an additional 125 Mmcf/d of […]

The Nutty Antics of Anti-Drilling Kids – Pittsburgh Edition

Just a few days after MDN editor Jim Willis visited Pittsburgh, a small group of 15 anti-drillers made fools of themselves in front of EQT Plaza in downtown Pittsburgh. Their (latest) cause? They don’t like the new Center for Sustainable Shale Development (CSSD) and EQT’s participation in it. They believe the CSSD legitimizes "dirty" fossil […]

Southwest Airlines Begins Daily Roundtrip Houston/Pittsburgh

Makes sense that Houston, the reigning champ as "energy capital of the world" and Pittsburgh, the challenger and on the ascendancy to the title, would have a direct airline flight between them. Until last weekend, there was one–United. United is now joined by a second direct flight every day: Southwest Airlines. Southwest announced on Sunday […]

Marcellus & Utica Shale Story Links: Tue, Apr 16, 2013

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:

 

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