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Marcellus Drilling News
  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Regulation

    FERC Approves MVP Plan to Use Trenchless Water Crossings

    August 16, 2021August 16, 2021

    The Federal Energy Regulatory Commission (FERC) has disregarded the petulant demands of anti-fossil fuel fanatics and has given its permission to Mountain Valley Pipeline (MVP) project to switch the method it uses to cross 136 streams and 47 wetlands. For roughly 70 miles of the pipeline’s 303-mile route, MVP asked FERC in early February to change the method of installation from open trench to trenchless, drilling under the body of water using horizontal directional drilling (see MVP Filing New/Revised Request to Finish Almost-Done Pipe).
    Read More “FERC Approves MVP Plan to Use Trenchless Water Crossings”

  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Litigation | Pipelines | Virginia

    Judge Refuses Emergency Request to Stop MVP Construction

    August 16, 2021August 16, 2021

    In a second victory for Mountain Valley Pipeline (MVP) over the past week, a federal judge rejected a request by a Virginia landowner for emergency power to block construction of MVP across the landowner’s property on Bent Mountain. Last week we told you the landowner claimed blasting and construction for the pipeline on his property could “explode the headwaters of Bottom Creek.” We noted the same landowner has been suing to block MVP on his property since at least early 2019. The judge told him that her court was not the proper jurisdiction to resolve the dispute.
    Read More “Judge Refuses Emergency Request to Stop MVP Construction”

  • Belmont County | Energy Services | Industrywide Issues | Ohio | Processing Plants | PTT Global

    PTT Blows $10B on Renewables Since May, Still No OH Cracker FID

    August 16, 2021August 16, 2021

    In February of this year, PTT Global Chemical adamantly claimed a final investment decision (FID) to build the $10 billion ethane cracker plant project in Belmont County, OH would happen by “middle of 2021” (see PTT Says Recent Reports of Ohio Cracker Decision Delay “Not True”). They lied. Again. Since May, PTT Global Chemical’s parent company, PTT Pcl (Thailand’s biggest company by far), has spent almost $10 billion to build an electric vehicle business and buy up petrochemical assets in Europe and renewable-energy projects in Asia. “And the group isn’t done yet.”
    Read More “PTT Blows $10B on Renewables Since May, Still No OH Cracker FID”

  • CNX Resources | Energy Companies | ESG | Industrywide Issues

    The Secret to How CNX Achieved Net Carbon Zero Five Years Ago

    August 16, 2021August 19, 2021

    When CNX Resources issued its second quarter update in July, the company revealed that it is not only “net carbon zero” right now, it has been that way–actually net carbon negative, pulling more CO2 out of the atmosphere than it puts in–since 2016 (see CNX Already Net Carbon Neutral; Average Salary $150K). How can that possibly be the case? We have the answer.
    Read More “The Secret to How CNX Achieved Net Carbon Zero Five Years Ago”

  • Economic Impact | Industrywide Issues | Jobs | Pennsylvania | Research | Statewide PA | Statewide WV | West Virginia

    PwC Report: O&G Impact on PA, WV State Economies Massive

    August 16, 2021August 16, 2021

    A new report (full copy below) commissioned by the American Petroleum Institute (API) and undertaken by PricewaterhouseCoopers (PwC) has found the oil and natural gas industries directly or indirectly supported over 188,000 jobs in Pennsylvania in 2019, or 6.1% of the total share of commonwealth employment. Furthermore, the oil and gas industries produced $14.2 billion in labor income, which was 7.9% of the state total share, and had a statewide economic impact of $31.9 billion, for 9.7% of the state total share. The percentages for the impact of oil and gas on the West Virginia economy are similar.
    Read More “PwC Report: O&G Impact on PA, WV State Economies Massive”

  • Industrywide Issues | Long Island | New York | Pipelines | Regulation

    NY DPS Approves Gas Rate Hike to Finance Brooklyn Pipeline Project

    August 16, 2021August 16, 2021

    In February 2020 we told you about a mob of anti-fossil fuelers attempting to block the final few feet of construction for a 6.8-mile natural gas pipeline stretching from Brownsville to North Brooklyn in New York City (see Will a Brooklyn, NY Mob Stop Completion of National Grid Pipeline?). In December of 2020 NYC Mayor Bill de Blasio called for the builder, National Grid, to abandon the almost-done project (see NYC Mayor de Blasio Seeks to Block Brooklyn NatGas Pipe Project). Fortunately, National Grid didn’t abandon it. In fact, last Thursday the New York Dept. of Public Service (DPS) voted unanimously to approve a rate increase for 1.9 million National Grid customers to help pay for the pipeline.
    Read More “NY DPS Approves Gas Rate Hike to Finance Brooklyn Pipeline Project”

  • Best of the Rest

    Other Stories of Interest: Mon, Aug 16, 2021

    August 16, 2021August 16, 2021

    MARCELLUS/UTICA REGION: Cabot, Cimarex set shareholder meeting date on merger; Klaber’s Viewpoint: Pipeline issues not being addressed; Justice defends coal, gas industry appointees to revamped Public Energy Authority; NATIONAL: Natural gas futures fall to $3.86 as near-term cooldown trumps supply concerns; Oil ends lower Friday on demand concerns from delta variant spread; Offshore Technology Conference set to open today; An energy and political crisis of Biden’s own making; INTERNATIONAL: Cheap USA oil snapped up in Asia; Entirety of Europe could face a staggering natural gas crisis this winter.
    Read More “Other Stories of Interest: Mon, Aug 16, 2021”

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