Marcellus Drilling News

Anti-Drilling/Fossil Fuel | Enbridge | Energy Services | Industrywide Issues | Pipelines | Regulation

Victory! FERC Won’t Shut Down Weymouth, MA Compressor Station
January 21, 2022January 21, 2022

New England–Massachusetts and Maine in particular–dodged a major bullet on Thursday when Federal Energy Regulatory Commission (FERC) commissioners voted 5-0 to NOT overturn a permit for the already up-and-running compressor station in Weymouth, Mass. The Weymouth compressor station was the final piece of the $452 million Atlantic Bridge expansion project that was years in the making. The compressor went online in January 2021 (see Weymouth, MA Compressor Station Now Online – Will it Stay Online?). Radicalized anti-fossil fuelers fought to close it down. They lost–we won.
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Industrywide Issues | Regulation | Statewide WV | West Virginia

WV Bill Bans Using Banks, Investment Cos that Divest Fossil Fuels
January 21, 2022January 21, 2022

Earlier this week West Virginia State Treasurer Riley Moore announced the WV Board of Treasury Investments, which manages the state’s roughly $8 billion operating funds, will no longer use BlackRock Inc. investment funds as part of its banking transactions (see Hooray! WV Fights Back, State Drops Investments with BlackRock Fund). WV is divesting from the divestors. But it’s not stopping there with just the Board of Treasury Investments. A new WV Senate bill is now circulating (gaining rapid support) that requires the entire state, all of the various state agencies and governmental departments, to follow suit and stop doing business with any bank or investment firm that refuses to support coal, oil, and natural gas companies.
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Butler County | Energy Companies | Industrywide Issues | Litigation | PennEnergy Resources | Pennsylvania | Pipelines

PA Couple Sue Penn Energy for Trespass re Gathering Pipeline
January 21, 2022April 20, 2022

Just coming to light now: A couple who live in Butler County (western Pennsylvania) filed a lawsuit on January 3rd against PennEnergy Resources claiming the company built a gathering pipeline across their property without their permission in early 2020. Joseph and Michelle Zandarski, who live in the town of Cabot, filed the lawsuit in the Allgheny Court of Common Pleas.
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Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Litigation | North Carolina | Pipelines | Statewide VA | Virginia

DC Fed Appeals Court Signals Support for MVP Southgate Pipeline
January 21, 2022January 21, 2022

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Mountain Valley Pipeline (MVP) is a 303-mile pipeline from West Virginia to southern Virginia that is 94% complete (in-the-ground). The pipeline is targeted to be in-service later this year. MVP Southgate is an extension to MVP that will travel an additional 75 miles from southern Virginia (where the current MVP terminates) into North Carolina. MVP Southgate has not yet broken ground. The project has been opposed by North Carolina and the same mish-mash of “environmental” groups that opposed MVP. Some of those groups appealed a decision by the Federal Energy Regulatory Commission (FERC) to issue a permit for the project. A virtual hearing in the case on Wednesday didn’t go the way antis wanted.
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Energy Companies | Questerre Energy

Questerre Finds Way to Circumvent Quebec’s Utica Drilling Ban
January 21, 2022January 21, 2022

This is quite clever. Last October the province of Quebec, Canada announced it will expropriate all of the rights for all oil and gas companies in the province to drill and extract oil and natural gas (see Lights Out for All O&G Production in Quebec, Including Utica Shale). It’s all being shut down–including actively producing wells. Questerre Energy Corp., which owns more than one million acres of Utica Shale leases in Quebec, may have just found a way around Quebec’s oil and gas drilling ban.
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Industrywide Issues | Research

Enverus Rig Count @ 725 (+3), Highest No. of Rigs Since March 2020
January 21, 2022April 20, 2022

For the week ending Jan. 20, the Enverus U.S. oil and gas rig count increased by another three for the week, now up to 725. That’s the highest active rig count since March 2020 when the worldwide coronavirus pandemic crushed demand and began the rapid decline in rigs. The Marcellus gained one rig for 40 active rigs, while the Utica stayed even with 11 active rigs. Combined the M-U had 51 active rigs last week–the most since prior to the pandemic.
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Best of the Rest

Other Stories of Interest: Fri, Jan 21, 2022
January 21, 2022January 21, 2022

NATIONAL: To address supply shortages, stop restricting O&G on fed lands; US LNG exports down from last week; U.S. crude exports ramp up as global demand recovers; Lawsuit alleges Tellurian chief defrauded investor in short-seller battle; INTERNATIONAL: Current energy crisis confronts Net Zero-loving elites with the stark reality; Linde starts up ‘world’s first’ plant for extracting hydrogen from natgas.
Read More “Other Stories of Interest: Fri, Jan 21, 2022”