PA DEP Suspends ME2 Pipe Drilling at Marsh Creek State Park

While drilling in Chester County earlier this week in the Marsh Creek State Park, Energy Transfer’s Mariner East 2X pipeline experienced an “inadvertent return”–nontoxic drilling mud coming up out of the ground where it’s not supposed to (see Mariner East 2X Construction Causes Another Drilling Mud Spill). In this case the mud came up in a small section of the 535-acre Marsh Creek Lake. Under withering criticism and pressure from anti-fossil fuel groups, the state Dept. of Environmental Protection (DEP) issued a press release yesterday to say that all pipeline drilling at the site has been “suspended indefinitely.”
Continue reading

EPA Rolls Back Obama Methane Overregulation at Pittsburgh Ceremony

At a ceremony in Pittsburgh yesterday, federal EPA (Environmental Protection Agency) Administrator Andrew Wheeler unveiled two new rules for the oil and natural gas industry that removes ineffective and duplicative methane detection requirements while streamlining others. Just before the Obamadroids left office, the Obama EPA slapped onerous and costly new regulations on methane emissions that don’t do anything but cost companies money. They certainly didn’t do anything to help the precious environment. Yesterday, after several years in the making, the EPA fixed the Obama overregulation issue with respect to methane emissions.
Continue reading

Trump Official Visits PTT OH Cracker Site, Pledges Full Support

DOE Deputy Sec. Mark Menezes at PTT cracker site (click for larger version)

Prior to joining EPA Administrator Andrew Wheeler in Pittsburgh to unveil rollbacks of egregious overregulation of methane by the Obama Administration (see today’s companion story), Deputy Secretary of Energy, Mark Menezes, first visited Belmont County, Ohio–at the site of the proposed PTT ethane cracker plant. Menezes was there to offer moral support from President Trump for the project. Menezes was recently confirmed (on Aug. 4) as Deputy Secretary of DOE. The PTT cracker site visit was Menezes’ first official visit (to anywhere) in his new role.
Continue reading

Law Firm Files Class Action Against Cabot Claiming Securities Fraud

In June MDN told you that a New York City law firm was “investigating” Cabot Oil & Gas with an eye to filing a class action lawsuit, on behalf of investors, over false allegations made by the Pennsylvania Attorney General who had filed felony charges against Cabot regarding a long-closed regulatory issue in Dimock, PA (see Law Firm Targets Cabot for Class Action Claiming Securities Fraud). The investigation is now over and the law firm found an investor to file a class lawsuit, which was filed yesterday in a federal court in Texas.
Continue reading

Enverus Onshore Rig Count Bumps Up & Down, Utica Loses 1 Rig

Another week, another look at the rig count. The onshore rig count continues to bump along near the bottom of historic lows. It’s not AT the bottom (thank God), but it does continue to flirt with low numbers. According to Enverus, which tracks rigs using GPS units, the count bottomed at the beginning of July with 264 active rigs. Since then it’s risen and currently stands around 280 rigs. Week to week it goes up and it goes down, but not down significantly. According to Enverus, the count lost a rig last week.
Continue reading