Skip to content
Marcellus Drilling News
Account Login
  • Home
  • About
  • Article Index
  • Calendar
  • Advertising
  • User Guide
  • SUBSCRIBE
Marcellus Drilling News
  • Air Quality | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA DEP Goes WAY Too Far in Approving New Methane Regulations

    December 18, 2019December 18, 2019
    regulations

    You know when eco-leftists stand up and cheer for proposed new government regulations to “curb methane emissions”–those regulations are precisely what you DON’T want to have enacted. That’s what happened yesterday as the Pennsylvania Dept. of Environmental Protection’s (DEP) Environmental Quality Board (EQB) approved onerous new regulations that supposedly will capture every last molecule of stray methane that leaks from shale drilling operations. The new regs are unnecessary and will shut down even more shale drilling operations in the state.
    Read More “PA DEP Goes WAY Too Far in Approving New Methane Regulations”

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

    Big M-U Drillers Slash 2020 Spending a Collective 25%

    December 18, 2019December 18, 2019

    For months MDN has brought you bits and pieces of news from individual drillers, detailing plans to cut back on spending for new drilling in the Marcellus/Utica in 2020. It’s not just happening in the M-U–it’s happening across the country. The experts at RBN Energy have a terrific new post that pulls information about major drillers scaling back into one place. They analyze spending by three different groups of drillers: oil-focused, diversified, and gas-focused drillers. In the third category, all but one of the gas-focused drillers have major operations in the M-U. The stats are sobering. As a collective group, M-U gas drillers have pledged to cut their 2020 budgets 25% from the already-lower spending that happened this year. Ouch.
    Read More “Big M-U Drillers Slash 2020 Spending a Collective 25%”

  • Energy Services | Industrywide Issues | Keystone Clearwater Solutions | Wastewater

    Keystone Clearwater “Comes Home” to Former Owner, Sale Complete

    December 18, 2019December 18, 2019

    Keystone Clearwater Solutions, a company that provides water services for shale drillers in the Marcellus/Utica, is “coming home” in a sense. We told you in November that SC Water, LLC, a Pennsylvania-based natural gas and oil industry investment group, announced it had signed an agreement to buy Keystone Clearwater from American Water for an undisclosed amount (see American Water Selling PA Frack Water Co. Keystone Clearwater). The deal is now done and ownership has transferred.
    Read More “Keystone Clearwater “Comes Home” to Former Owner, Sale Complete”

  • BKV/Banpu | Devon Energy | Energy Companies

    Banpu Invests Another $770M in Shale – but Not in PA Marcellus

    December 18, 2019December 18, 2019
    Devon’s Barnett acreage purchased by Kalnin/Banpu (click for larger version)

    Just yesterday MDN ran a story about a ceremony held by Thailand’s Banpu in opening a new regional office in northeastern Pennsylvania, an indication of their commitment to the PA Marcellus where they’ve (so far) invested $500 million (see Banpu Opens New $5M Marcellus Operations Office in NEPA). And just like that, Banpu bought out all of Devon Energy’s Barnett Shale assets in Texas–spending $770 million to do so. Which points out yes, drillers and investors DO have choices and yes, their money WILL leave Pennsylvania (and Ohio and West Virginia) if the economics make more sense elsewhere.
    Read More “Banpu Invests Another $770M in Shale – but Not in PA Marcellus”

  • Energy Services | Tallgrass Energy

    With Tallgrass Founder/CEO Gone, Blackstone Forces Sale/Merger

    December 18, 2019December 19, 2019

    Several weeks ago the founder and CEO of Tallgrass Energy, David G. Dehaemers Jr., abruptly quit the company retired (see Tallgrass Energy Founder/CEO/Chairman David Dehaemers Retires). Blackstone Infrastructure Partners, a major Tallgrass investor, wants to buy the company and take it private. That is, a takeover. Dehaemers was not happy but couldn’t prevent it, so he left. With Dehaemers out of the way, Blackstone sealed the deal. [Correction: MDN was contacted by Tallgrass to set the record straight. David Dehaemers telegraphed back in January he would likely not remain with the company after 2019. This was, indeed, a retirement and he was not (as MDN had implied) forced out. We regret the error and send our apologies to Tallgrass.] Yesterday Tallgrass issued a statement to say Blackstone, using its own considerable pile of cash along with money from several others, has signed a deal to buy Tallgrass.
    Read More “With Tallgrass Founder/CEO Gone, Blackstone Forces Sale/Merger”

  • Energy Services | Weatherford Intl

    Weatherford Emerges from Bankruptcy “Stronger” and “More Focused”

    December 18, 2019December 18, 2019

    In May, Weatherford International, the world’s fourth largest oilfield services (OFS) company, finally succumbed and announced it was filing for a “prepackaged” bankruptcy (see Weatherford Finally Files for “Prepackaged” Bankruptcy). Last week the company emerged from bankruptcy having wiped out $6.2 billion of debt by giving new stock to debtholders and making existing stock worthless.
    Read More “Weatherford Emerges from Bankruptcy “Stronger” and “More Focused””

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Statewide PA

    Heinz Endowments’ Shale Assault Threatens Prosperous Pennsylvania

    December 18, 2019December 18, 2019

    The Heinz Endowments, a grantmaking organization in Pittsburgh, Pennsylvania that sits under the thumb of Mamma Teresa Heinz Kerry (wacko lefty Democrat), has long been viewed as a community pillar in western Pennsylvania. What you may not know is that Heinz Endowments has spent over $120 million in “environmental grants” between 2008 and 2016, much of that money funding anti-shale and anti-fossil fuel campaigns. The Heinz Endowments is no friend to the working class in western PA.
    Read More “Heinz Endowments’ Shale Assault Threatens Prosperous Pennsylvania”

  • Best of the Rest

    Shale Energy Stories of Interest: Wed, Dec 18, 2019

    December 18, 2019December 18, 2019

    MARCELLUS/UTICA REGION: A natural gas blowout in Ohio released more methane than many countries do in an entire year; Natural gas initiative shifts to statewide action; Oil and Gas industry partners with first responders; NATIONAL: Is Wall Street turning its back on fossil fuels?; Aly Energy Services, Inc. goes dark, no longer filing SEC updates; Fight over flaring: Industry, enviros contrasting accounts over burning excess natural gas; Michael Moore & Me (video); INTERNATIONAL: Ontario expanding natural gas to more communities across Ontario.
    Read More “Shale Energy Stories of Interest: Wed, Dec 18, 2019”

Search

Get Daily Headlines

Newsletter Optin

Recent MDN Issues

  • August 28, 2026
  • August 27, 2026
  • August 26, 2026
  • August 25, 2026
  • August 24, 2026

List of All Daily Issues

Most Recent Articles

  • 19 New Shale Well Permits Reported for PA-OH-WV Aug 17 – 23
  • Analyst: Appalachian Drillers Done Buying Pipeline Space
  • TECfusions Flips the Switch at New Kensington SWPA AI Data Center
  • DTE Asks Michigan for 2 Gas Plants — 2,100 MW of New M-U Demand
  • South Strabane Delays Fossil Fuel Power Ordinance Vote a 2nd Time
  • Behind-the-Meter Wins: SC OKs 457 MW Gas Plant for Data Center
  • Edge LNG, Marcellus Virtual Pipeline Pioneer, Sold to Sapphire Gas
  • MDN’s Energy Stories of Interest: Fri, Aug 28, 2026
  • EQT Water Spill in Greene County Still a Mess 62 Days Later
  • Washington Co. Brine Spill Doubles in Size, Cleanup Drags On

© 2009-2026 Marcellus Drilling News

  • Disclaimer
  • Terms of Service
  • Privacy Policy
  • Home
  • About
  • Article Index
  • Calendar
  • Advertising
  • User Guide
  • Subscribe
  • Log In