Diversified Buys 900 EQT Wells (67 Shale Wells) for $125M

Diversified Gas & Oil (DGO) continues its program of buying up mostly older conventional oil and gas wells in Appalachia. In April DGO cut a deal to buy 6,500 conventional wells spread across West Virginia, Kentucky, and Tennessee, along with a 4,700-mile gathering pipeline system located in WV, for $110 million (see Diversified Deal to Pick Up Another 6,500 O&G Wells in WV, KY, TN). DGO has done it again, this time buying 900 wells from EQT located mostly in West Virginia. The deal also includes 67 shale wells in Pennsylvania.
Continue reading

Texas Gas Gives Up on Portion of M-U to Gulf Coast Pipe Project

click for larger version

It’s been three years since we’ve written about Texas Gas Transmission’s (TGT) Northern Access Supply Project. TGT is a big pipeline network owned and operated by Boardwalk Pipeline Partners. Originally built from the Louisiana Gulf Coast to the upper Midwest, the purpose of the pipeline system was to supply Illinois, Indiana, and Ohio with natural gas. Then the Marcellus/Utica Shale happened and TGT needed to change strategies.
Continue reading

Water Pipeline for NEPA Shale Drillers Restarts Construction

A relatively short pipeline project to flow water from the Susquehanna River in Tunkhannock (Wyoming County), PA to a water impoundment about seven miles away, began construction in February 2019 (see Water Pipeline for NEPA Marcellus Drillers Begins Construction). The project was supposed to be built within six months. It never happened. On again off again…is now on again.
Continue reading

Big Green Scared – NRDC Tries to Horn in on DRBC Fracking Lawsuit

In May 2016, a landowner in Wayne County, PA filed a lawsuit against the Delaware River Basin Commission (DRBC) asking a judge to declare that the DRBC does not have jurisdiction to prevent the construction of a natural gas well (see Wayne County, PA Landowner Sues DRBC Over Fracking Ban). The case bounced around various courts and is now back in federal court in Scranton, PA where a judge will decide whether shale drilling is a “project” under regulations that govern the DRBC. Anti-fossil fuel haters at the National Resources Defense Council (aka Rockefeller family) are terrified the judge is about to rule against the DRBC (and them), and so has filed a friend of the court brief to try and snow (or intimidate) the judge.
Continue reading

Antis Sue to Block 2.1 Miles of Local Gas Pipe in Massachusetts

A tiny 2.1-mile pipeline looping project in western Massachusetts has been fought tooth and nail for over two years by anti-fossil fuel zealots. The Federal Energy Regulatory Commission (FERC) approved the project, subsequently refused to “rehear” its decision, and now Big Green groups (with loads of money) have colluded to sue FERC in federal court in an attempt to emasculate the agency because it won’t consider mythical man-made global warming when approving projects like this one.
Continue reading

Pennsylvania New Shale Permits Down 46% Y/Y in April

For the past two weeks, MDN has brought you a new shale drilling permits issued report on Wednesdays. We fully intended to do so again today–except the Ohio Dept. of Natural Resources (ODNR) website is down with no estimates for when it will be back online. We have PA and WV numbers, but are holding the report back until we can get OH numbers too. In lieu of the report today, we have an article we spotted comparing PA’s permits issued in April of this year compared to last year–noting new permits have decreased by 46% year over year.
Continue reading

PA Trade Unions Break with Democrats Over Power Plant Carbon Tax

It becomes more obvious every day that the rank and file (even the leaders) of trade unions are breaking with their Democrat Party bosses over issues like insane taxes on natural gas. The divide is particularly acute in blue states like Pennsylvania, which voted for Donald Trump in 2016 and likely will again in 2020 because the Dems keep shooting themselves in the head with stupid taxes and regulations that kill jobs. The PA AFL-CIO issued a statement yesterday thanking the PA Air Quality Technical Advisory Committee, part of the Dept. of Environmental Protection, for listening to the union’s concerns about Gov. Wolf’s proposed carbon tax at a recent hearing.
Continue reading

Shale Energy Stories of Interest: Wed, May 13, 2020

MARCELLUS/UTICA REGION: Encino Energy supports 630 frontline workers; Wolf’s severance tax proposal is not a COVID-19 cure-all; OTHER U.S. REGIONS: Top US gas basin for LNG exports set for potential 20% output decline; NATIONAL: EIA sees natural gas prices stiffening this year, HH to average $2.89 in 2021; US LNG feedgas deliveries drop to lowest level since October 2019; Factors influencing U.S. LNG offtaker decisions to lift vs. cancel cargoes; Energy Spectrum closes $969M midstream fund.
Continue reading