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Marcellus Drilling News
  • Energy Services | Industrywide Issues | NEXUS Pipeline | Ohio | Pipelines | Regulation | Statewide OH

    Yes! NEXUS Pipeline OK’d by FERC to Begin Service

    October 11, 2018October 11, 2018
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    NEXUS, a $2 billion, 255-mile interstate pipeline that will run from Ohio through Michigan and eventually to the Dawn Hub in Ontario, Canada, was the first major pipeline project to gain Federal Energy Regulatory Commission (FERC) approval shortly after a quorum of voting members was reestablished in summer 2017 (see New FERC Quorum Votes Final Approval for NEXUS Pipeline). It didn’t take long for NEXUS partners DTE Energy and Enbridge to get it built. The pipeline has essentially been done since mid-September (about a year to construct), when they asked for permission to start up (see NEXUS Pipeline Asks FERC for Sept 28 Startup to Flow 967 MMcf/d). Yesterday FERC granted that permission.
    Read More “Yes! NEXUS Pipeline OK’d by FERC to Begin Service”

  • Industrywide Issues | Processing Plants | West Virginia | Wetzel County

    Primus Green Energy’s WV Methanol Plant Delayed to 2020

    October 11, 2018October 11, 2018

    In March 2016, MDN brought you news that Primus Green Energy, a gas-to-liquids (GTL) technology company, planned to build a 160 metric tons per day (MT/day) methanol plant at “a manufacturing site in the Marcellus shale region” in 2017 (see Primus Building GTL Methanol Plant in Marcellus Region in 2017). The plant will convert Marcellus Shale gas into methanol. In November 2017, we learned that the plan had been delayed to 2018, and that the location would be in New Martisville, West Virginia (see Primus Green Energy’s WV Methanol Plant Online in 2018). Primus has moved the date once again–this time to 2020.
    Read More “Primus Green Energy’s WV Methanol Plant Delayed to 2020”

  • Franklin County | Industrywide Issues | Pipelines | Regulation | Virginia

    Franklin County, VA Interconnect with MV Pipe “One Step Closer”

    October 11, 2018October 11, 2018

    Earlier this week the Franklin County (VA) Planning Commission voted 5-0 to allow Roanoke Gas Co. to build and operate a “gate station”–a connection to the under-construction Mountain Valley Pipeline (MVP). Roanoke Gas is laying new pipelines in the area and needs natgas to feed its new customers. Antis showed up at the meeting (what’s new?) to complain and threaten and moan and whine. They actually tried to say there is no “public benefit” for MVP, and that this gate station is simply a ruse to give the appearance of a public benefit.
    Read More “Franklin County, VA Interconnect with MV Pipe “One Step Closer””

  • Electrical Generation | Industrywide Issues

    Vectren Defends Indiana Gas-Fired Power Plant Proposal

    October 11, 2018October 11, 2018

    In June we told you about a plan by MidWest utility company Vectren to build a 900-megawatt natural gas-fired power plant (and a 50-acre solar farm) to replace a retiring coal plant, in Warrick County, Indiana (see Indiana Utility Files Request to Build New Gas-Fired Electric Plant). Building the gas plant and solar farm would cost Vectren (meaning ratepayers) $940 million. The cost is passed on to ratepayers because Vectren is regulated, which has set up a fierce battle to get it approved. We suspect Marcellus/Utica gas will feed the plant, which is why we’re interested.
    Read More “Vectren Defends Indiana Gas-Fired Power Plant Proposal”

  • Antero Resources | Chesapeake Energy | CNX Resources | Coterra Energy (Cabot O&G) | Energy Companies | EQT Corp | Gulfport Energy | Industrywide Issues | Range Resources Corp | Research | Seneca Resources | Southwestern Energy | Ultra Petroleum

    By the Numbers – Revenue & Profitability for M-U Drillers

    October 11, 2018October 11, 2018

    The expert analysts at RBN Energy have just published their “fourth and final” in a series of posts looking in detail at E&Ps (exploration & production companies, or “drillers”). One of the groups of E&Ps they examine are “gas-weighted” E&Ps–or drillers who mostly extract natural gas. In looking through the list, you immediately realize every one of them has operations in the Marcellus and/or Utica Shale region. Yes, a few also have operations in other plays, but they all have at least some operations here. The real value in the article is an accompanying spreadsheet comparing various financial metrics (apples to apples)–things like total revenue, lifting costs, production costs, and “pre-tax income,” meaning profitability. How do our drillers compare with each other?
    Read More “By the Numbers – Revenue & Profitability for M-U Drillers”

  • Ashtabula County | Crawford County | Energy Services | Erie County | Industrywide Issues | Ohio | Pennsylvania | Pipelines | Regulation | RH energytrans

    FERC Stuck in Slow Mo – Late Approving PA to OH Risberg Project

    October 11, 2018October 11, 2018
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    Seems to us like the Federal Energy Regulatory Commission (FERC) continues to drag its feet on Marcellus/Utica pipeline projects. Yes, our projects get approved, eventually–but not on the schedule FERC itself establishes. Case in point: RH energytrans’ Risberg Line–a 60-mile, $86 million pipeline from Crawford County, PA through Erie County and into Ashtabula County, OH. According to FERC’s own schedule, an OK for the project was due no later than Sept. 27 (see 60-Mile Pipeline from NW PA to NE OH Gets Favorable FERC Review). Didn’t happen. RH energytrans is being diplomatic, saying, “It may take a little longer than we might hope.”
    Read More “FERC Stuck in Slow Mo – Late Approving PA to OH Risberg Project”

  • Ethane | Industrywide Issues | NGLs | Research

    Petrochemicals & Shale – Joined at the Hip (IEA Report)

    October 11, 2018October 11, 2018

    On numerous occasions we’ve pointed out the lunacy of the “keep it in the ground” gang–those who believe we should end the use of all fossil fuels as soon as possible. Why can’t we do it? For many reasons. Here’s just one: petrochemicals. Did you know that all sorts of products you use every day–things like plastics, fertilizers, packaging, clothing, digital devices, medical equipment, detergents and tires–come from oil and gas? Without oil and gas, we’d quickly descend back into the Stone Age, living short, brutish lives. That point was driven home in a new report titled “The Future of Petrochemicals” (full copy below), part of an International Energy Agency (IEA) series that shines a light on “blind spots” in the global energy system.
    Read More “Petrochemicals & Shale – Joined at the Hip (IEA Report)”

  • Best of the Rest

    Energy Stories of Interest: Thu, Oct 11, 2018

    October 11, 2018October 11, 2018

    The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: Utica Summit hears update on $6 billion Shell project; Canada pipeline blast risks Washington natural gas shortage; Hello, Michael: Beware the resiliency of the U.S. oil and gas system; Prices soar as natural gas inventories hit decade low; Exxon puts $1 million into quest for carbon tax and rebate; Tokyo Gas looking away from US LNG; AMLO’s fracking stance seen as bad news for meeting natural gas needs; Shell CEO makes case for natural gas, promises company not going ‘soft’ on fossil fuels.
    Read More “Energy Stories of Interest: Thu, Oct 11, 2018”

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