NY Landowners Fight Back Against Cuomo Frack Ban, Rally on Jan 5

UnbrokenTwo important bits of news for New York landowners–a group not broken and not cowed by the likes of Andrew Cuomo. First, the Joint Landowners Coalition of New York (JLCNY) is hosting an important radio show on Sunday, Dec. 28 with special guest Dr. Gilbert Ross from the American Council on Science and Health (ACSH). Dr. Ross will debunk the sorry, lame excuses offered by NY State Health Commissioner Howard Zucker and his so-called report on fracking. Second, the JLCNY has put the word out that they will hold a rally at the Holiday Inn Arena in Binghamton, NY on Monday, Jan. 5 at 4 pm. The JLCNY needs every pro-driller and family member who can, to attend. Details below on both…
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Rice Midstream IPO Falls Short of Goal by Approx. $134M

Earlier in December Rice Energy, a Marcellus and Utica Shale exploration and production company, launched an Initial Public Offering (IPO) for their midstream division–spinning it off into it’s own company (see Rice Energy Launches Midstream IPO – MDN Nails the Price). Rice had hoped to get between $19 and $21 per share. The IPO is now done and dusted–and Rice only got $16.50 per share. So instead of the hoped for $546-$604 million in new cash (call it $575 million), they got $441.6 million. Still very respectable, but certainly short of the mark…
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Rex Energy Reduces 2015 Marcellus/Utica Drilling Budget by 44%

Rex Energy, the little energy company that could (and does) successfully drill in the Marcellus and Utica Shale, earlier this week released their 2015 operational budget. Rex is reducing spending on drilling in the Marcellus and Utica in 2015 by 44% over what they spent in 2014. Rex will spend between $180-$220 million on new drilling, broken down as $115-$140 million in the Marcellus and $45-$60 million in the Utica. According to Tom Stabley, Rex’s CEO, the company is taking a breather in this low commodity price environment. Production will actually increase next year, even though drilling will decrease. That allows the company to perform better financially, for investors, according to Stabley…
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Triad Hunter Well Blowout in Ohio Fixed, Residents Go Home

On Monday we noted that it had been 10 days since a well blowout at a Triad Hunter Utica Shale well pad in Monroe County, OH with some 50 area residents still displaced from their homes (see Residents Near Leaking Triad Hunter Well in OH Still Displaced). Good news: residents near the well pad will be home for Christmas. Magnum Hunter (parent of Triad Hunter) reports as of yesterday Wild Well Control has successfully replaced the well head and temporarily capped the well. Residents are now home, just in time for the holidays. We sense a new Hallmark Christmas movie coming…
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WV/OH Officials Going on Field Trip to Prepare for Cracker Plant

The Odebrecht ethane cracker plant planned for the Parkersburg, WV area continues to walk/smell/act/behave like it’s the real deal. The latest evidence: Odebrecht has told area officials around Parkersburg, you need to be prepared for when the 100% official announcement comes, cause at that point, things will happen fast. So area officials are boning up now to be prepared for an influx of people and jobs–both a good thing, and a challenge. Area officials from Wood County, WV and neighboring Washington County, OH will head to the bitter-cold north country–Minot, North Dakota–in January (!) to see how that community has dealt with a rapidly expanding population and influx of new jobs due to the Bakken Shale…
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OH Anti Group Wants EPA to Suspend ODNR Injection Well Oversight

Whenever anti-drillers in a given state don’t like how the state environmental authority is doing its job, they run to the federal government like a petulant child clinging to its mother’s skirt. “Mommy, mommy! Johnny hurt my feelings!” Such is the case with Ohio Citizen Action (OCA), an anti-drilling group that is accusing the Ohio Dept. of Natural Resources (ODNR) of falling down on the job when it comes to regulating injection wells–wells used to dispose of frack wastewater. OCA’s demand? That the federal EPA suspend ODNR’s oversight of the injection well program in Ohio and that the feds move in and take over. OCA used 16 untrained volunteers (activists), gave them mountains of official paperwork from the ODNR archive, and armed each of them with yellow highlighters. The 16 untrained volunteer activists found every reference they could of what they say is incompetence and malfeasance by the ODNR, stitched it all together in a “report” (full copy below), and are now calling on Mommy EPA to “do something” about it…
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OH Company Innovates Spray Foam Barriers to Lay Pipelines

Ask anyone who’s ever worked on laying pipelines and you’ll find it can be back-breaking work. First you dig a trench, then you lay the pipeline. However, while digging the trench and laying the pipeline, you also need to install a barrier every 50 feet or so to stop water from running down the trench, leading to soil erosion. Most of the time sandbags are used. Stacking 30-50 pound sandbags around a pipe in a single location typically takes a couple of people an hour or more. However, Ohio entrepreneurs have come to the rescue. Dalton’s Spray Foam Solutions in Dalton, OH now offers a much faster and easier way, using spray foam. Spray it in, the foam hardens–clinging to the pipe and the soil–and in about 15 minutes (1/4 the time) a much easier solution is in place, protecting the environment, saving time, and reducing the need for Icy Hot Patches for the workers…
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NJ Residents Breathing Easier Thanks to PA Marcellus Shale

New Jersey has, for decades, not met federal air quality standards. And although NJ continues to not meet some of those standards, they have just been told by the feds they now pass for one very important air standard: the standard for particulates in the air. Particulates are tiny bits of solid and liquid droplets in the air that come from soot, pollen and other sources. Gov. Chris Christie (Rhino, er, a, RINO) has pulled a muscle in his arm patting himself on the back taking credit for the news. The truth is, NJ’s lower particulate count has virtually nothing to do with NJ itself and is mostly due to, yes, the Pennsylvania Marcellus Shale…
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Let’s Use Anti-Drillers’ Road Map to Win the Fracking War in NY

The preening and pretentious Chip Northrup has weighed in on how and why a “rag tag” band of hippies “won” in New York’s battle to ban fracking. Chip pretends to be Somebody in the oil and gas world, implying that he’s run oil/gas operations, when all he has done is invest in oil wells with his trust fund money. Chip has a summer home in Cooperstown, NY where he likes to attend local lib cocktail parties–so he became a minor anti-fracking celebrity due to his “oil and gas connections”–a kind of “whistleblower” from “the industry” who appeared on anti-fracking television stations (in Albany) and gave interviews to anti-fracking “reporters” (in Albany) to talk about the horrors of fracking. He’s a real legend in his own mind. Anywho, Chip outlines for us on his No Fracking Way blog how his side won this round. We found this graf interesting and instructive, where he describes his side’s “stalking” (their word) of Gov. Andrew Cuomo…
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ExxonMobil to EPA: We Don’t Need New Methane Regulations

The oil and gas industry, including shale drillers, continue to wait on pins and needles for the jack boots of the federal Environmental Protection Agency (EPA) to come down on their necks with new “rules” (i.e. laws from the Executive Branch, never sanctioned by a vote in the Legislative Branch) on methane emissions that supposedly come from oil and gas drilling. The EPA is desperately trying to regulate that which Constitutionally belongs to the states to regulate: oil and gas drilling. The latest word from nameless/faceless “sources” at the EPA is that they will wait until “after the holidays” to release these onerous new rules. Meanwhile, ExxonMobil, on their Perspectives blog site, points out shale drilling has already led to some of the lowest methane emissions in decades. They say shale drilling is “delivering in spades” when it comes to reducing methane emissions–so why are new rules from the EPA needed at all? It’s a great question from the largest oil and gas company in the U.S….
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Merry Christmas – MDN Off Until Monday

Merry ChristmasWe sincerely wish our readers a Merry Christmas! Thank you for your support (moral and financial). We will take the next two days off and be right back on Monday, Dec. 29 to catch you up on all of the latest Marcellus and Utica Shale news. Now go have some eggnog!