New Jersey Resources’ Adelphia Gateway project is a plan to convert an old oil pipeline stretching from Northampton County, PA through Bucks, Montgomery, and Chester counties, terminating in Delaware County at Marcus Hook, into a natural gas pipeline. The Federal Energy Regulatory Commission (FERC) issued a final approval for the project yesterday.
Continue reading
Dominion Energy’s West Loop Project will flow natural gas from western PA into Ohio to feed a new natural gas-fired electric plant. We first noticed this small (but important) project back in June (see Dominion Pipeline to Feed Western PA NatGas to OH Power Plant). Yesterday the Federal Energy Regulatory Commission (FERC) issued a final approval for the project.
Continue reading
Appalachia Development Group is leading an effort to build a ~$10 billion (or $2.5B, or $3.4B, depending on your source) NGL storage hub in Appalachia–most likely in West Virginia (see WV’s US Senators Lead the Charge to Build $10B NGL Storage Hub). The project, called the Appalachia Storage and Trading Hub, needs a federal loan guarantee of $1.9 billion, which has been in the works for the past several years (see Appalachian NGL Storage Hub Gets Serious with DOE Loan Guarantee). The loan guarantee is now in doubt following a budget bill passed by Congress earlier this week.
Continue reading
In early November, Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres), which concentrates its drilling in the Ohio Utica and the Oklahoma SCOOP plays, announced they were shopping some non-operated Ohio Utica assets (see Gulfport 3Q – Looking to Sell Non-Operated Utica Assets). They found an undisclosed buyer–for $29 million.
Continue reading
MDN previously told you about a mammoth new Marcellus-fired electric generating plant is coming to Charles City County, Va.–near Richmond. The Chickahominy Power Station, as it’s called, will be a 1,650 megawatt (biggest in Virginia!) state-of-the-art natural gas-fired power plant (see Huge New Marcellus-Fired Power Plant Coming Near Richmond, VA). A second power plant being developed by C4GT is also on the way to Charles City County and will be built about a mile away from the Chickahominy plant. The C4GT project is getting serious.
Continue reading
Empire Pipeline LLC, based in New Orleans, Louisiana, NOT to be confused with the National Fuel Gas Company subsidiary Empire Pipeline (in NY and PA), has purchased “an operational and financial interest” in TROO Clean Environmental LLC, based in Belmont County, Ohio. TROO provides recycling of Marcellus/Utica frack wastewater.
Continue reading
In February, the parent holding company for Marcellus driller Arsenal Resources, Arsenal Energy Holdings LLC, applied for what has to be the fastest “prepackaged bankruptcy” we’ve ever heard of, sailing through the whole process in 10 days flat (see Arsenal Energy Exits Bankruptcy in 10 Days Flat). Less than 10 months later the company headed back into bankruptcy. However, this time it is Arsenal Resources, the driller itself (not the holding company) that filed for Chapter 11 bankruptcy (see Arsenal Heads into Chapter 11 Bankruptcy for Second Time). The good news for Arsenal is that a Delaware bankruptcy court judge has approved their plan.
Continue reading
MARCELLUS/UTICA REGION: Equitrans hopes fair deal with EQT coming over contract renegotiation; Tom Linzey and his CELDF at war over corporate greed; NATIONAL: Biden willing to cut hundreds of thousands of oil and natural gas jobs; Energy billionaire asks Sen Warren to visit Oklahoma oil fields; Don’t bet on a natural gas price rebound; US oil, gas rig count rises for second straight week; INTERNATIONAL: European LNG imports hit record levels.
Continue reading
