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Marcellus Drilling News
  • Coterra Energy (Cabot O&G) | Energy Companies | Industrywide Issues | M&A

    Cimarex Takes Over Cabot, Merged Co. Called “Coterra Energy”

    October 4, 2021October 4, 2021

    Sadly, Cabot Oil & Gas is no more. On Friday the company was merged into Cimarex Energy with Cabot’s CEO Dan Dinges taking on the largely ceremonial role of “Executive Chairman” while Cimarex’s CEO Tom Jorden becomes the actual leader (CEO, President, Director) of the newly merged company, now called Coterra Energy, Inc. Coterra’s common stock will begin trading today on the New York Stock Exchange under the ticker symbol “CTRA.”
    Read More “Cimarex Takes Over Cabot, Merged Co. Called “Coterra Energy””

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | Pennsylvania | Regulation | Washington County

    Antis Defeat SWPA Beech Hollow Gas-Fired Power Plant Project

    October 4, 2021October 4, 2021

    Just two weeks ago MDN told you that Robinson Power Company LLC planned to resume construction of the Beech Hollow Power Plant in Robinson Township (Washington County), PA, a 1,000-megawatt Marcellus-fired project (see SWPA Beech Hollow Power Plant Begins Construction – Radicals Oppose). Leftwing radicals at the Clean Air Council (located on the other side of the state, in Philadelphia) challenged a permit by the DEP to allow Robinson Power to resume construction. And just like that, Robinson Power has folded, withdrawing the permit. The project is now canceled. Dead. Score another victory for the forces of evil. Millions of dollars in investment and hundreds of jobs–gone.
    Read More “Antis Defeat SWPA Beech Hollow Gas-Fired Power Plant Project”

  • Industrywide Issues | Ohio | Pipelines | Statewide OH | Union County

    Ohio Power Siting Board Approves Columbia Gas Northern Loop Pipe

    October 4, 2021October 4, 2021

    The Ohio Power Siting Board recently approved a new, tiny 16-mile pipeline project in the suburbs of Columbus, Ohio called the Columbia Gas Northern Loop Project. According to Columbia Gas, communities north and west of Columbus are thriving. Since the 1990s, Columbia has expanded its system to keep service reliable by bringing gas from the west and south. However, they are reaching the limits of what’s possible with the existing gas system. A new supply of gas is urgently needed to maintain reliable service in this area. The Northern Loop Project will meet this demand by connecting to gas supplies on the east side of Columbus.
    Read More “Ohio Power Siting Board Approves Columbia Gas Northern Loop Pipe”

  • Industrywide Issues | Pennsylvania | Pipelines | Statewide PA

    Does PennEast Pipe Cancellation Does Affect Adelphia Gateway Pipe?

    October 4, 2021October 4, 2021
    click for larger version

    New Jersey Resources’ Adelphia Gateway project is a plan to convert an old oil pipeline stretching from Northampton County, PA through Bucks, Montgomery, and Chester counties, terminating in Delaware County at Marcus Hook, into a natural gas pipeline. Does the cancellation of the PennEast Pipeline have any ramifications for finishing Adelphia Gateway? Fortunately, no…
    Read More “Does PennEast Pipe Cancellation Does Affect Adelphia Gateway Pipe?”

  • Energy Companies | EQT Corp | Industrywide Issues | Lease & Royalty Payments | Litigation | Pennsylvania | Statewide PA

    No Response Yet from EQT re Class Action for Nonpayment of Royalties

    October 4, 2021October 4, 2021

    Last week MDN was (as far as we can tell) the first to bring you news of a new lawsuit filed in Allegheny County Court of Common Pleas against EQT alleging the company had not made required royalty payments to at least two residents, and likely many more residents (see Class Action Lawsuit Filed Against EQT for Nonpayment of Royalties). In a follow-up to that post, we spotted an interview with the attorneys filing the lawsuit who say the issue of not tracking down and paying those with a mineral rights interest is “an extraordinarily widespread problem” in PA, and that there are “thousands” of rights owners in PA owed money by EQT.
    Read More “No Response Yet from EQT re Class Action for Nonpayment of Royalties”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Regulation | Taxation

    Shale-Killing Biden Methane Tax Will Cut 90K Jobs, $9B from GDP

    October 4, 2021October 4, 2021

    The American Exploration & Production Council (AXPC), which represents major oil and gas companies across the country, including many of the top producers in the Marcellus/Utica, is sounding the alarm that Joe Biden’s massive multi-trillion dollar reconciliation bill will destroy 90,000 jobs in the O&G industry and trim $9 billion out of the country’s Gross Domestic Product (GDP). The Democrat Party aims to destroy fossil fuels and the $3.5 trillion (or $1 trillion or whatever it ends up being) so-called reconciliation bill is designed to do just that.
    Read More “Shale-Killing Biden Methane Tax Will Cut 90K Jobs, $9B from GDP”

  • Alternative Energy | Carbon Capture | Hydrogen | Industrywide Issues | Regulation | Research

    NETL’s Brian Anderson Continues to Push Biden Anti-Fossil Fuel Plan

    October 4, 2021October 4, 2021

    Brian Anderson is director of the National Energy Technology Laboratory (NETL) and now the head of the Biden administration’s Interagency Working Group on Coal and Power Plant Communities and Economic Revitalization, an effort to kill the use of fossil fuels (see NETL Flacks for Biden’s Kill Fossil Fuels Plan at M-U Event). We like Anderson and his role at NETL. We don’t like his new role of pimping for the Biden administration’s aim to end fossil fuels, which he did again in an interview with The Dominion Post.
    Read More “NETL’s Brian Anderson Continues to Push Biden Anti-Fossil Fuel Plan”

  • Best of the Rest

    Other Stories of Interest: Mon, Oct 4, 2021

    October 4, 2021October 4, 2021

    MARCELLUS/UTICA REGION: Why do Pennsylvanians pay higher price for energy?; Attacking energy industry means more inflation, higher gas prices for OH families; NATIONAL: Bill would reverse Biden’s unconstitutional vaccine mandate; Manchin clashes with fellow Democrats over fossil-fuel demands; Fossil fuel demand shakes off pandemic in blow to climate fight; Winter is coming: can energy catastrophe be averted?; INTERNATIONAL: U.S., international gas markets strap in for wild winter ride.
    Read More “Other Stories of Interest: Mon, Oct 4, 2021”

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