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

    Radical Green Group Loses Lawsuit to Block PA State Land Drilling

    August 10, 2021August 10, 2021

    The so-called Pennsylvania Environmental Defense Foundation (PEDF) lost a big court case in Pennsylvania’s Commonwealth Court last Friday, but you won’t have heard about it because no one in mainstream media is talking about it or reporting on it. We couldn’t even find a whisper about the defeat from PA Environmental Digest or StateImpact Pennsylvania. Huh. One would almost think there’s some sort of collusion going on. A wall of censorship and silence. Don’t worry, we’ll tell you about it…
    Read More “Radical Green Group Loses Lawsuit to Block PA State Land Drilling”

  • Allegheny County | Energy Companies | Olympus/Huntley & Huntley | Pennsylvania

    Antis in West Deer, PA Gear Up to Oppose Olympus Well Pad

    August 10, 2021August 10, 2021

    Olympus Energy (formerly Huntley & Huntley) drills in the Greater Pittsburgh region, in Allegheny and Westmoreland counties (that we know of, maybe other counties too). It seems that many (most?) of the well pads they propose are opposed by anti-fossil fuelers. Must be the locations where they drill. The latest project proposed by Olympus is a pad in West Deer Township in Allegheny County. So-called “concerned citizens” are “preparing hours-long statements opposing” a new well pad proposed for West Deer. A hearing will be held in the local high school Wednesday evening. Apparently, if antis can’t dazzle them with brilliance, they go for baffling them with hours-long bull…
    Read More “Antis in West Deer, PA Gear Up to Oppose Olympus Well Pad”

  • Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Regulation

    Leftist Groups Pressure Biden FERC to Expand MVP Review

    August 10, 2021August 10, 2021

    You have to say one thing about environmentalist wacko zealots–they never give up. Ever. We’re talking about the Big Green money behind Appalachian Mountain Advocates, Southern Environmental Law Center, and the Natural Resources Defense Council (among 19 groups in total) which have filed a “request” (i.e. demand) with the Federal Energy Regulatory Commission (FERC) to expand an environmental review for Equitrans Midstream’s 303-mile Mountain Valley Pipeline (MVP) project.
    Read More “Leftist Groups Pressure Biden FERC to Expand MVP Review”

  • Energy Services | Summit Midstream

    Summit Midstream 2Q: Volumes Up Some, Profits Down Some

    August 10, 2021August 10, 2021

    Summit Midstream Partners, formed in 2009 and headquartered in The Woodlands, Texas, operates natural gas, crude oil, and produced water gathering (pipeline) systems in several unconventional shale plays, including the Marcellus and Utica. Last week Summit issued its second quarter 2021 update. The company’s Utica Shale segment continued to be the star performer. Flows through the company’s pipeline system are up, although revenues were down slightly from the same period a year ago.
    Read More “Summit Midstream 2Q: Volumes Up Some, Profits Down Some”

  • Energy Companies | Energy Corporation of America | Greylock Energy

    ECA Marcellus Trust I Gives Investors 2.8 Cents per Unit in 2Q21

    August 10, 2021August 10, 2021

    ECA Marcellus Trust I, traded over-the-counter on the pink sheets, canceled distributions (dividends) to investors for the first three quarters of 2020 due to the pandemic and the crash in oil and gas prices. The company restarted paying dividends in 4Q20–a grand total of 9/10ths of one penny per unit (see ECA Marcellus Trust I Gives Investors <1 Penny per Unit in 4Q20). In 1Q21 ECA increased its distribution to 3.1 cents per unit (see ECA Marcellus Trust I Gives Investors 3.1 Cents per Unit in 1Q21). Last quarter, 2Q21, ECA decreased the payout again, down to 2.8 cents per unit.
    Read More “ECA Marcellus Trust I Gives Investors 2.8 Cents per Unit in 2Q21”

  • Allegheny County | Elk County | Energy Companies | EQT Corp | Greene County (PA) | Pennsylvania | Seneca Resources | Washington County | Weekly Permits

    Weekly Shale Drilling Permits for PA, OH, WV: Aug 2-8

    August 10, 2021August 10, 2021

    Last week only Pennsylvania issued permits to drill new shale wells. Both Ohio and West Virginia issued no new drilling permits. Summer doldrums? Some 8 of the 11 permits issued in PA were to Seneca Resources, all of them in Elk County, and 7 of the 8 were for the same well pad. The other 3 permits were issued to EQT in three different counties.
    Read More “Weekly Shale Drilling Permits for PA, OH, WV: Aug 2-8”

  • Best of the Rest

    Other Stories of Interest: Tue, Aug 10, 2021

    August 10, 2021August 10, 2021

    MARCELLUS/UTICA REGION: The Shell cracker plant is a boon for business; OTHER U.S. REGIONS: Tellurian says talks with banks underway for $12 billion Driftwood LNG project; Maintenance cuts natural gas pipeline flows to US Southwest as strong prices persist; NATIONAL: Natural gas to prove far more resilient than coal amid energy transition; Late summer natural gas prices hit multi-year highs; CO2 users face supply issues, higher prices as carbon sequestration grows; Granholm says we have to ‘go after’ methane from natural gas and ‘pressure’ Russia to do same; INTERNATIONAL: US solar panels rely on Chinese forced labor and coal.
    Read More “Other Stories of Interest: Tue, Aug 10, 2021”

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