Marcellus Drilling News

Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | Luzerne County | Nacero | Pennsylvania | Processing Plants

Big Green Organizes to Oppose Nacero GTL Plant Near Wilkes-Barre
December 22, 2021December 22, 2021

Nacero technology overview (click for larger version)

A group of 16 radical left groups (far far outside the mainstream) have banded together to announce their opposition to Nacero’s recently announced $6 billion gas-to-liquids (GTL) refinery, to be built on the site of a former coal mine in Newport Township and Nanticoke in Luzerne County, PA (see NEPA Huge Deal – $6B Plant to Convert Marcellus Gas to Gasoline). The plant will convert Marcellus natural gas into zero-sulfur gasoline for use in existing cars and trucks without modification. The groups, both local and statewide, are spreading lies about the facility and its environmental and economic impacts. Typical.
Read More “Big Green Organizes to Oppose Nacero GTL Plant Near Wilkes-Barre”
Allegheny County | Anti-Drilling/Fossil Fuel | Energy Companies | Industrywide Issues | Olympus/Huntley & Huntley | Pennsylvania | Regulation

West Deer Township Denies Olympus Permit to Build Shale Pad
December 22, 2021April 20, 2022

Olympus Energy (formerly Huntley & Huntley) drills in the Greater Pittsburgh region, in Allegheny and Westmoreland counties. Earlier this year Olympus filed an application to build a new well pad in a rural part of Allegheny County, in West Deer Township. So-called “concerned citizens” got amped up to oppose the project (see Antis in West Deer, PA Gear Up to Oppose Olympus Well Pad). Looks like the antis successfully convinced the board of supervisors to come over to the dark side. Last week West Deer supervisors voted 4-0 to deny a permit to build the pad.
Read More “West Deer Township Denies Olympus Permit to Build Shale Pad”
CNG/LNG | Commodity Price | Industrywide Issues | Pipelines

Boston NatGas Futures Hit Nearly $30/MMBtu, Spot Price $38/MMBtu
December 22, 2021April 20, 2022

New England has a problem, and Massachusetts Senator Elizbeth “Pocahontas” Warren is clueless as to its source. The problem is super high, continuously spiking prices for natural gas, which in turn lead to high and spiking prices for electricity (most of New England’s electricity is generated by natural gas-fired power plants). This week the futures price for natural gas traded at the Algonquin Citygate, the major gas delivery hub near Boston, hit almost $30 per MMBtu. Earlier this week the spot price for physically traded gas at Algonquin went over $38/MMBtu. The reason? New England depends on imported LNG to help with heating and electric production, and LNG cargoes have gotten a LOT more expensive.
Read More “Boston NatGas Futures Hit Nearly $30/MMBtu, Spot Price $38/MMBtu”
CNG/LNG | Exporting | Industrywide Issues

US LNG Export Plants Hit New Record High of Using 13 Bcf/d
December 22, 2021April 20, 2022

The amount of gas flowing to an LNG (liquefied natural gas) facility, which the facility then turns into a liquid, is called feedgas. Yesterday, Dec. 21, the six major US liquefaction facilities in operation were running at full capacity and used a staggering 13 billion cubic feet per day (Bcf/d) of natural gas, furiously converting it into liquid natgas for exports. A significant amount of that gas comes from the Marcellus/Utica.
Read More “US LNG Export Plants Hit New Record High of Using 13 Bcf/d”
CNX Resources | Coterra Energy (Cabot O&G) | Diversified Energy | Energy Companies | Energy Services | Energy Transfer Partners | EQT Corp | Equitrans/EQT Midstream | JKLM Energy | Pennsylvania | Range Resources Corp | Seneca Resources | Southwestern Energy | Statewide PA | UGI Energy Services

Marcellus Cos. Donate Over $100,000 to Nonprofits During Christmas
December 22, 2021December 22, 2021

Major drillers and pipeline companies operating in the Pennsylvania Marcellus have, once again, stepped up to offer donations of money, toys, and coats during the 2021 Christmas season. Companies giving generously include Coterra Energy, CNX Resources, Diversified Energy, Energy Transfer, Equitrans Midstream, EQT, JKLM Energy, People’s Gas, Range Resources, Seneca Resources, Southwestern Energy, and UGI have given, collectively well over $100,000.
Read More “Marcellus Cos. Donate Over $100,000 to Nonprofits During Christmas”
Chesapeake Energy | Energy Companies | ESG | Industrywide Issues

Chesapeake Gets “A” on Responsible Gas Report Card in Haynesville
December 22, 2021April 20, 2022

Break out the party hats and noisemakers. Yesterday Chesapeake Energy announced it has, after just five months, achieved both MiQ and Equitable Origin “responsibly sourced gas” certification for the natural gas it produces in the Haynesville Shale. Don’t worry, Chessy plans to certify its PA Marcellus gas production too.
Read More “Chesapeake Gets “A” on Responsible Gas Report Card in Haynesville”
Best of the Rest

Other Stories of Interest: Wed, Dec 22, 2021
December 22, 2021April 20, 2022

MARCELLUS/UTICA REGION: Quaker investors urge EPA to advance strong methane emissions rules; OTHER U.S. REGIONS: Texas upstream employment rises; NATIONAL: Natural gas markets continue sideways grinding; Three House Dems ask watchdog to probe ‘peaker’ power plants; No one to blame for the oil crisis but Biden’s lousy policies; INTERNATIONAL: Suez Canal lowers rebate tolls of LNG carriers; LNG cargoes diverted as European prices soar; Unconventional gas tech plays critical role in net zero; Checkmate– Putin has the West cornered.
Read More “Other Stories of Interest: Wed, Dec 22, 2021”