EnerVest Auctioning 58K Utica Leased Acres in Ohio & Pennsylvania

EnergyNet is an online marketplace for buying and selling oil and gas working interests (operated and non-operated), overrides, royalties, mineral interests, leaseholds, and other contracts. From time to time we spot auctions on EnergyNet from Marcellus/Utica drillers. EnerVest Energy is currently auctioning a package of leases scattered across Ohio and Pennsylvania via the EnergyNet website. The EnerVest auction ends June 17. We have the details below.
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PA Supremes Rule Against ME1 Pump Station Permit in Lebanon County

In what is a hollow victory for anti-fossil fuel zealots, the Pennsylvania Supreme Court denied hearing an appeal for a case from Sunoco Logistics Partners about a permit for a pump station in Lebanon County, PA. The Supremes’ rejection means a lower court ruling stands that overturns the permit. Thing is, that pump station was built years ago and has been functioning ever since. There’s no way that pump station is going away. So why did the antis blow all that money in litigation over the years?
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Brooke County, WV Gas Power Plant Inches Closer to Construction

ESC Brooke County Power artist rendering (click for larger version)

Energy Solutions Consortium (based in Buffalo, NY) has been attempting to build a Marcellus/Utica-gas fired electric power plant in Brooke County, WV for years. In Feb. 2019 we spotted a news story that said the project finally received all of its permits and would begin construction in 2019 (see WV NatGas Power Plant Gets Final Permits, Construction Begins Soon). Construction never happened last year. However, we have new evidence construction may now be on the horizon.
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Mountain Valley Pipe Gets FERC OK to Drill Under Roanoke River

Mountain Valley Pipeline (MVP), the 303-mile pipeline from West Virginia into southwestern Virginia, recently received permission from the Federal Energy Regulatory Commission (FERC) to change the method it will use to cross over (actually under) the Roanoke River. Not that it makes much difference right now since the entire project, which is 90% complete, is stalled due to a federal lawsuit aimed at blocking an unrelated Midwest oil pipeline.
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Antis Target PA Speaker Turzai for Airplane Ride Paid by Shale Co.

Pennsylvania House Speaker Mike Turzai has been a long-time supporter of the Marcellus Shale industry in the Keystone State. He’s not only an “advocate” for shale energy, he’s devastatingly effective against the shenanigans of anti-fossil fuelers from the Democrat Party. And they hate him for it. Although Turzai previously announced he won’t run for reelection (see Say It Ain’t So! PA House Speaker Mike Turzai is Retiring), antis are trying to sully his sterling reputation even now.
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New Study Proves Marcellus Drilling Air Pollution a Non-Issue

An economist from Binghamton University who has zero training in health care and the medical field is the lead author of a new study that claims air pollution from Marcellus fracking killed an estimated 20 people in Pennsylvania from 2010-2017. While the “study” aims to paint Marcellus fracking as a killer, we say it makes the opposite point. This study (if you believe its results) proves Marcellus fracking is about the safest form of energy on earth!
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Shale Energy Stories of Interest: Mon, Jun 8, 2020

MARCELLUS/UTICA REGION: Modern natural gas facilities can help NY reach climate goals; Here’s what makes EQT Corporation an attractive bet now; OTHER U.S. REGIONS: Tellurian’s supply pact with Petronet expires in setback for Driftwood LNG; NATIONAL: Analysts urge caution as oil recovery gets underway; U.S. shale companies are turning the oil taps back on; It’s time to start ignoring the negative news for natural gas, here’s why; INTERNATIONAL: Canada is the largest source of U.S. energy imports; Oil prices inch higher, 1-month supply cut extension falls short of market hopes.
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