| | | | | | | | | | | | | | | | |

MDN Research: $58B in NE Infrastructure Projects, List of Top 5

2014 Databook Vol. 2 coverMarcellus Drilling News collaborates with the excellent ShaleNavigator service to publish a series of research reports called the Marcellus and Utica Shale Databook. MDN editor Jim Willis is very excited to announce that Volume 2 for the 2014 Databook series has just been released–and it is, without question, our best-ever. Among the pearls in this newest edition: Jim completely updated a comprehensive list of Marcellus/Utica Shale midstream and infrastructure projects (pipelines and processing plants) that first appeared in Vol. 2 of last year’s series. At that time, in 2013, projects either under construction or planned added up to a staggering $40 billion of investment coming to the northeast. This year? It’s even more mind-blowing. Infrastructure projects planned for the northeast now tally $58 billion–a 45% increase! Read on for the list of the top 5 big-money projects planned for the Marcellus/Utica
Continue reading

| | | | |

Crestwood Midstream Marcellus Volume Up 10%, New NEPA Pipeline

Crestwood Midstream filed their latest quarterly operations update yesterday, for third quarter 2014. Crestwood has pipeline gathering/processing systems in three major U.S. shale gas plays: the Marcellus, the Niobrara and the Barnett. They also have an oil pipeline gathering system in the Bakken Shale. The Marcellus is the largest of their natgas gathering systems, and according to the update, flows for the Marcellus system were up another 10% in 3Q14. At one point, the system hit a new daily average high of 700 million cubic feet per day (Mmcf/d). With a couple of new compressor stations coming online, the system will have a capacity of 875 Mmcf/d…
Continue reading

| | |

Corbett Starting to Cave on Taxing Natgas? Sort of…

In a fight for his political life, PA Gov. Tom Corbett is dipping his toe in waters he has, until now, not been willing to enter. In an interview with the anti-drilling PBS reporters at StateImpact Pennsylvania, Corbett talked about the possibility of a “transmission tax” on natural gas. He still doesn’t support a severance tax (thank God), but he is talking about a new tax on gas flowing through pipelines in the state. Dangerous talk, if you ask us. Corbett’s best shot at re-election is to NOT cave on the issue of unfairly taxing the drilling industry so grubby politicians in Harrisburg can redistribute the wealth, spending it on their own pet projects (pork barreling)…
Continue reading

| | | | | | |

Martian Chronicles: Delaware River Basin Shifts to Western PA?

My Favorite MartianThe Martians are getting an assist from THE Delaware Riverkeeper herself (Maya van Rossum). Get this: The Delaware Riverkeeper, along with another anti-drilling group called The Clean Air Council (both based near Philadelphia), have filed an appeal with Adams Township (Butler County), PA over the town’s decision to grant Rex Energy permits to drill gas wells 3/4 of a mile away from the Mars public school. In June, Adams Township supervisors voted 4-1 to allow drilling to commence, subject to getting permits from the Dept. of Environmental Protection (see Adams Twp, PA Votes to NOT Block Drilling “Near” Mars School). Just a month ago, Rex got the permits from the DEP to begin drilling (see Rex Gets Permits to Drill Near Martian School, Antis Apoplectic). Some Martian parents objected, and found a sympathetic wallet all the way across the state in Philadelphia with van Rossum. What does Butler County, on the western edge of PA have to do with van Rossum’s Delaware River Basin group, which is focused exclusively on the eastern edge of PA? NOTHING. Except for her personal hatred of fossil fuels and willingness to spend her own (and other people’s) money to fight shale drilling wherever it happens…
Continue reading

| | | | | |

Painting a Different Picture of Pipeline Companies

You might think, when reading the claims of some groups, that pipeline companies are callous and will run their pipeline any ole place they want, landowners be damned. “See that hayfield? Who cares! Run that steel right on through it!” That’s the (false) impression you get from some people. The reality is, of course, far different. Let’s hear it straight from the horse’s mouth–from the people who do the surveying to figure out the route a pipeline will take…
Continue reading

| | |

Balancing Act for New Natgas-Fired Electric Plant in NEPA

Something’s gotta give. The Obama EPA has declared war on coal energy. In case you didn’t know, something like half (or more) of the electricity you use in your house comes from electric generation plants powered by coal. Because of much stricter new regulations, many coal generating power plants will close in the coming few years. We either face rolling blackouts from lack of electricity–or something else steps up to the plate to produce that electricity. That something else is most likely natural gas. Either existing coal plants have to change out their technology to be fired by natgas, or new plants built. That’s going to inconvenience some folks. There aren’t enough “isolated” spots to build electric plants that are close to the population centers they serve. We (collectively, as a society) face a balancing act, as Moxie Energy is facing with a planned natgas-fired electric plant near Wilkes-Barre, PA…
Continue reading

| | | | | | |

Odebrecht WV Cracker Plant Decision “By End of 2015”

An update on the progress being made by Odebrecht and their planned ethane cracker plant and petrochemical manufacturing facility planned for Parkersburg (Wood County), WV. At the recent Global Plastics Summit in Chicago, Braskem (sister company to Odebrecht) vice president of business development, Renato Monteiro, said a final decision on building the proposed cracker plant will be made “by the end of 2015.” Here’s a few other tidbits about the cracker plant that came from Monteiro at the conference, including when the first PE (polyethylene) might be manufactured at the plant…
Continue reading

|

Endeavour Intl Files for Bankruptcy, Blames North Sea Projects

Since 2011 MDN has covered the story of driller Endeavour International’s aborted attempt to buy 50,000 Marcellus Shale acres from SM Energy. Five months after signing the deal, Endeavour pulled out of the deal (see Endeavour Leaves SM Energy at the Altar, SM Ready to Sue). Two and a half years of litigation later, the two sides finally settled (see Endeavour & SM Energy Settle Lawsuit over PA Marcellus Properties). Although Endeavour has no active drilling program in the Marcellus/Utica, they do still have acreage under lease in the Marcellus. Last Friday, with plenty of excuses (seems to be their standard operating procedure), Endeavour filed for bankruptcy protection and their stock has been suspended on the NYSE…
Continue reading