Pin Oak Energy Buys Marcellus & Conventional Wells in Elk County

Elk County, PA (credit: Wikipedia)

It’s been almost a year to the day since we last wrote about Pin Oak Energy, a relatively young Marcellus/Utica driller based in Akron, OH (see Pin Oak Energy NOT Actively Leasing in Northern Utica Shale). Pin Oak is back in the news, having just closed on a deal to buy producing Marcellus and conventional wells in Elk County, PA.
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Family of Worker Killed at Tioga County, PA Well Pad Sues Shell

On the morning of October 27, Marc Jones, an employee of Deep Well Services, was working at a Shell well pad in Tioga County, PA when “a large piece of equipment fell on him, pinning him to the platform 65 feet in the air where he was standing” (see Accident Kills Rig Worker on Shell Well Pad in Tioga County, PA). The blunt force trauma, hitting him in the head, killed him.
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PA Marcellus Gas to Power Electric Plant in…Puerto Rico?!

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We’ve been tracking the story of a coming $800 million LNG export plant that will be built in rural northeastern Pennsylvania (see Big News! Marcellus LNG Export Plant Coming to Landlocked NEPA). We recently shared the news that some of the Marcellus molecules from the plant will go to Puerto Rico (see Wyalusing, PA LNG Export Plant Making Progress). We now know where and for what purpose.
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Do PA Landowners Retain Mineral Rights When Selling Land to State?

In 1990 a landowner freely sold (rather than have taken by eminent domain) land in Lawrence County to the Pennsylvania Turnpike Commission for a new highway project. In 2012 the landowner filed a lawsuit claiming when selling the land, she did not sell the mineral rights. She wants to lease under the property for shale drilling. Yesterday Commonwealth Court of Pennsylvania denied her request.
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IFO: PA Natural Gas Production Hits New All-Time High in 4Q18

Yesterday the PA Independent Fiscal Office (IFO) released their latest quarterly Natural Gas Production Report for Oct-Dec 2018 (full copy below). It shows natgas production rose an amazing 17.7% compared to the same period last year–to a new all-time high. For the calendar year, total production was up 14.2% from the prior year, the largest year-over-year increase in production since 2014.
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Politically Motivated Investigation of ME Pipe Convenes Grand Jury

Tom Hogan

RINO Tom Hogan, District Attorney for Chester County, PA, launched a criminal probe into the Mariner East Pipeline projects (1 and 2) last December (see Chester County DA Goes Rogue, Targets ME2 Pipe w/Criminal Probe). The probe smacks not of justice but of politics–as in Hogan seeking higher office.
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Still No Ohio Cracker Announcement, Preparations Continue

PTT Global Chemical has made and broken so many promises about the timing of a decision to build a $6 (lately cited as $10) billion ethane cracker in Belmont County, we’ve lost track of the number broken deadlines. Don’t get us wrong. We still hope and believe the project will happen, but we’ve grown weary of the delays in an announcement. And we don’t even live in the region!
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Energy Stories of Interest: Wed, Mar 6, 2019

MARCELLUS/UTICA REGION: Weinberg Food Bank and natural gas industry make community health a priority; Ohio gas company fined $400k for gas line rupture that caused home fire; New York AG fights Exxon allegations of misconduct in climate probe; 3rd Circ. reverses fraud conviction under Speedy Trial Act; OTHER U.S. REGIONS: An off ramp for natural gas would benefit pipeline communities; NATIONAL: Green New Deal: Not About Energy (video); Venture Global’s Calcasieu Pass LNG gets DOE permit; Select Energy sees growth in shale water sector; Pipelines vulnerable under TSA’s watch; Federally-funded NPR joins the Green New Deal chorus, citing a flawed climate disaster study; Forecasting the oil price for fun and profit (but not accuracy); How will producers respond to the coming natural gas glut?; INTERNATIONAL: Canada’s second largest natural gas producer uses digitization to streamline; Mexico will depend on U.S. natural gas despite energy sovereignty push.
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