The Real Story of Antero’s $11M Clean Water Act Violations
Yesterday MDN began our lead story about a big fine for Antero Resources by saying, “This has to be a record-high amount for a fine plus remediation work, at least in the Marcellus/Utica.” We humbly admit we were wrong. In checking our records, we found that in a similar case from 2014, Trans Energy paid even more, quite a bit more. We researched what this whole business is about, why Antero and others were fined, interviewing a top Antero official, and we now have a far better understanding of what happened and why.
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In 2013 some 10,000 West Virginia landowners/rights owners filed a class action lawsuit against EQT over their practice of post-production deductions from royalty checks. The lawsuit was scheduled to go to trial last November, but at the last minute, it didn’t. Word leaked that EQT had settled out of court (see
Itās that time of year for energy companies to issue updates on just how much oil and gas they own in the ground, recoverable at current prices. Both CNX Resources and Range Resources, two major Marcellus/Utica producers, recently issued statements outlining their “proved reserves.” CNX has 7.9 trillion cubic feet equivalent (Tcfe) in proved reserves as of Dec. 31, 2018. Range Resources has 18.1 Tcfe in proved reserves.
A partisan left-wing group calling itself the West Virginia Center on Budget & Policy along with another partisan left-wing group called the Institute for Energy Economics and Financial Analysis (IEEFA) released a report last week that claims WV’s shale industry has “fallen short” in delivering on economic promises, and the way to fix it is to boost the severance tax from 5% to 10%! Yeah, they’re out of their collectivist minds.
Although Dominion Energyās 600-mile Atlantic Coast Pipeline (ACP) is facing serious delays and cost overruns mainly due to lawsuits brought by Big Green groups, the company is still committed to building the pipeline (see 

MARCELLUS/UTICA REGION: Meeting set on CNX gas well failure near Bear Run reservoir; Richmond-area charities receive more than $1.2 million as a result of 2018 Dominion Energy Charity Classic; Stockholm Syndrome: Westchester folks ask Cuomo for help with ConEd; New York State Teachers Retirement System raises stake in Chesapeake Energy; NATIONAL: Top 10 US shale portfolios; McConnell plans to bring Green New Deal to Senate vote; Power blocks in natural gas-fired combined-cycle plants are getting bigger; Pipeline fight drags on, tempting intervention from Trump; Green is the new Red; Natural gas lobby taps energy heavyweight; INTERNATIONAL: Pieridae Energy setting up $20 mln share sale; Germany, US seek to set aside spat over natural gas supplies.