Two-Alarm Fire at Alta Resources Well Pad in Lycoming County, PA

Alta glycol dehydration unit that caught fire (click for larger version)

A glycol dehydration unit (removes water vapor from natural gas) caught fire at an Alta Resources well pad in Lycoming County, PA, on Saturday. The two-alarm blaze was noticed by a passerby Saturday morning. Multiple fire departments responded and fortunately, nobody was hurt. The fire did not spread beyond the glycol dehydration unit.
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Explosion, Fire at Equitrans Compressor Stn in Greene County, PA

Coincidentally, a second dehydration unit fire occurred early Saturday morning, also in Pennsylvania, but this second fire occurred across the state in southwest PA. Our lead story today is about a dehydration unit fire at a well pad in Lycoming County (see Two-Alarm Fire at Alta Resources Well Pad in Lycoming County, PA). The second fire happened at a dehydration unit at a compressor station in Greene County owned and operated by Equitrans Midstream.
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Free Website Helps M-U Landowners Estimate O&G Values

After selling Rice Energy to EQT in 2017, the four Rice brothers, all of whom worked at Rice Energy (and left after the merger), launched a new venture (see Rice Brothers Act II – $200M Marcellus/Utica Investment Firm). Dan, Toby, Derek, and Ryan Rice plus a fifth partner, a former VP at Rice, pooled $200 million of their money (and their expertise) and launched Rice Investment Group (RIG). One of the companies they invested in provides a cool (free) online website for both drillers AND landowners, offering instant valuations for the oil and gas rights along with the location of wells drilled nearby.
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New Jersey Resources Deletes PennEast Pipe from Projections

New Jersey Resources Corp. (NJR), one of five owners in the PennEast Pipeline (with a 20% stake), had some interesting things to say about the PennEast project during its annual Analyst Day event held last Monday. NJR CEO Stephen Westhoven said during the virtual event that “uncertainty around an in-service date” has prompted his company to pull the project “completely” from its financial growth projections through 2024. What does that mean?
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Elected Reps Continue to Trash Talk Weymouth Compressor Station

Why are anti-fossil fuelers always so angry? Have you ever noticed that? A case in point is Congressman Stephen Lynch (liberal Democrat from Massachusetts) who is demanding Enbridge shut down a multi-million dollar compressor station in Weymouth, Mass. that is now, as of this week, in the process of coming online (see Weymouth, MA Compressor Station Starts Up on Friday, Dec. 4).
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NatGas-Fired Power Plants in M-U See Dramatic Increase 2015-2019

Natural gas-fired electric generation has increased in most U.S. regions since 2015, according to data from the U.S. Energy Information Administration (EIA). Annual electricity generation from natural gas power plants in the U.S. increased by 31% in the Northeast region, by 20% in the Central region, and by 17% in the South region between 2015 and 2019.
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Other Stories of Interest: Mon, Dec 7, 2020

MARCELLUS/UTICA REGION: State Environmental Agency Assn., led by DEP Sec. McDonnell, meets with Biden EPA transition team; NATIONAL: Shale executives see little chance of significant growth; U.S. natural gas beats Covid-19; Peak oil demand, really? Some lessons from the debate over peak supply; Energy majors, utilities back Biden’s call to enact bipartisan climate legislation; INTERNATIONAL: Denmark to end oil and gas era in 2050; US calls for ‘moratorium’ on Nord Stream 2 pipeline; How OPEC sees the oil market in 2021.
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