WV Bill Would Let Utilities Pay Producers to Drill New Gas Wells

The West Virginia House Energy Committee passed a bill yesterday that appears to be picking up steam and possibly headed for approval by both the House and Senate. It’s an interesting bill that allows local natural gas utilities to pay drillers to drill new gas wells in areas where there is not a reliably sufficient supply of gas.
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PA Shale Drilling Permits Issued in January Show Mixed Bag

The folks at Argus Media have done an analysis of the number of shale well permits issued in Pennsylvania for January 2019. The numbers show the number of new permits issued during January were up 72% from the number issued in December 2018, but down 11% from the number of permits issued in January 2018, one year earlier. Can we divine anything from this mixed bag of numbers?
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Dominion “Still Committed” to Building Atlantic Coast Pipeline

Dominion Energy’s 600-mile Atlantic Coast Pipeline (ACP) is facing serious delays and cost overruns mainly due to lawsuits brought by Big Green groups (see Dominion Delays Atlantic Coast Pipeline Again – 2018 Update). The project is now delayed until late 2020 for a partial startup, with full service sometime in 2021, and the new price tag has ballooned to $7.5 billion.
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Pieridae Energy Pays Off Nova Scotia Indians to Allow LNG Plant

Pieridae Energy wants to build an LNG export plant in Nova Scotia, Canada. The Mi’kmaq (pronounced mic-mac) indigenous peoples of Nova Scotia (i.e. Indians) have never formally surrendered their “ownership” claim of Nova Scotia–a claim long disputed. In order to build and operate the Goldboro LNG export facility, Pieridae has agreed to pay off the Mi’kmaq. Call it “leave us alone” money.
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Energy Stories of Interest: Thu, Feb 7, 2019

MARCELLUS/UTICA REGION: Gas severance tax must solve problem to be worth fallout; Pa. should lease land to drill natural gas to improve parks; Con Ed could run out of natural gas before moratorium starts; Diversified says CNX rogue Utica well did not impact their wells; OTHER U.S. REGIONS: Record Haynesville Shale output to push 2019 U.S. LNG volume above 40m tons; NATIONAL: The natural gas price plunge isn’t over yet; Future U.S. electricity generation mix will depend largely on natural gas prices; Who will feed the LNG monster?; New report with ex-Clinton official suggests shale oil could be good for renewables.
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