Rumor: Chief Oil & Gas has Closed it’s Marcellus Office Near Pittsburgh
This is breaking news. MDN has received a tip that Chief Oil & Gas, a sizable and active driller in the Pennsylvania Marcellus Shale, has just closed its Appalachian regional office in Wexford, PA (near Pittsburgh). Unfortunately we don’t have any further details at this time. We don’t know what it means for the future of Chief’s Marcellus drilling program. We don’t know what has happened to Chief’s workers. Stay tuned and we’ll bring you more when we hear more. Below is a chart from the 2015 Marcellus and Utica Shale Databook (Vol. 1) showing the number of permits for Marcellus wells by Chief going back to the beginning of 2013…
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The Ohio Utica Shale has just passed a major milestone on its way into the history books. There are now more than 1,000 producing Utica Shale wells in Ohio, with nearly another 1,000 permitted (with half of those already drilled). Although the pace of drilling has slowed, the Utica is turning out to be a worthy rival to the Marcellus. It’s not there yet! But keep a close eye on the Utica. The Utica may one day surpass the Marcellus in production, given the incredible volumes of gas that come from Utica wells…
Shell continues to act as if it has already made the decision to build a $2-$3 billion ethane cracker plant complex in Beaver County, PA, even though they continue to refuse to say they’ve made a decision. What’s our evidence? In June Shell finally purchased the land where the cracker will be built, the former Horsehead zinc smelter property in Potter that will be the primary location of the cracker plant IF it gets built (see 
A Pennsylvania Democrat in Republican clothing, Gene DiGirolamo (“Republican” House member from the Philadelphia area), along with a hard-left Democrat, Steve Stroman (director of Penn’s Woods Conservation Advocates), have penned a “bipartisan” column in the Harrisburg Patriot-News on how a “principled” and “reasonable” severance tax compromise will create education nirvana in Pennsylvania. The column is so shot full of lies we can’t even begin to count them. This is pure propaganda from two lefties who want to tax and spend PA into the ground once again, as it existed under Ed Rendell before Tom Corbett fixed it by cutting excessive and out-of-control education spending. Our pair of lefties say just a piddly little 3.2% severance tax will be all that’s required–even though until now nothing less than 5% (actually it turns out to be 17.3%, see 
A very old and trite but true saying: Q: How do you know when a politician, like NY Gov. Andrew Cuomo, is lying? A: When he opens his mouth. Our illustrious man-child governor was in Syracuse yesterday to drop off a bag of money with $50 million, and an impertinent reporter had the gall to ask His Lordship about the secession rally held in Chenango County on Sunday (see 
Last October MDN told you about an exciting project from Boardwalk Pipeline Partners’ Texas Gas Transmission pipeline that will reverse the flow from the Louisiana Gulf Coast all the way to Ohio (see 
Weeping. Wailing. Gnashing of teeth. Ripping clothes and sitting in sackcloth and ashes. That’s some of the reaction from lunatic anti-fossil fuelers in Massachusetts after the Mass. Dept. of Public Utilities (DPU) approved long-term contracts for three utilities–Berkshire Gas, National Grid and Columbia Gas–to buy natural gas supplies from the hated, evil Kinder Morgan Northeast Energy Direct pipeline. That is, the three utilities will buy more gas from Kinder IF the pipeline ever gets built. We’re still a long way from backhoes digging up ground to lay new pipeline, but we’ve just taken a big step forward with this decision by the DPU. What’s next for the loons of Mass? Yep–you guessed it. They’re planning to take the DPU to court…
Compressor stations in Ohio, needed to flow natural gas through numerous new pipelines being built, require a permit from the Ohio Environmental Protection Agency (EPA) in order to get built. The Ohio EPA considers each application independently, a laborious and long process. In an effort to streamline that process, the Ohio EPA is accepting comments during a “pre-comment” period from now until September 18 on a plan to issue general permits for compressor stations. A general permit is, essentially, a cookie cutter approach. If midstream companies agree to the provisions in the general permit, they will use certain types of equipment and certain standards, allowing the permit process to speed along much faster. Once the pre-comment (in essence, give us your feedback) period is over, the EPA will issue draft “final” general permits for full public comment, which will run for 30 days…
Pennsylvania-based Marcellus driller Rex Energy, which we’ve long called our “little energy company that could, and does,” has taken a beating in the stock market. Rex’s stock is down more than 80% over the past year (down 37% in the past 3 months) and the company appears on David Fessler’s “Oil Company Death List” (see 
Hats off to Dominion, a major natural gas utility and midstream (i.e. pipeline) company operating in Connecticut, Maryland, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Virginia, West Virginia and the District of Columbia–essentially operating in the Marcellus/Utica region. We’ve noted on a number of occasions the generosity of Dominion with their philanthropy (see