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Marcellus Drilling News
  • Energy Companies | Questerre Energy

    Questerre Studying Alternative to Fracking in Quebec Utica

    February 2, 2022February 2, 2022
    click for larger version

    You have to hand it to Canada-based Questerre Energy Corporation, they are doing everything they possibly can to clear a path for drilling on their extensive Utica Shale acreage located in the province of Quebec, Canada. (Yes, there is Utica Shale in Canada!) Questerre’s latest effort is to study alternative completion techniques to fracking. As you likely know, fracking involves using underground explosives to blow holes/cracks into the surrounding shale rock layer, allowing trapped gas (and oil) to escape. What if you could use existing cracks without blowing holes and creating new cracks?
    Read More “Questerre Studying Alternative to Fracking in Quebec Utica”

  • Butler County | Energy Services | Industrywide Issues | M&A | Pennsylvania | Pipelines | Statewide PA | Stonehenge Energy | UGI Energy Services

    Stonehenge Still Active in PA Following Midstream Sale to UGI

    February 2, 2022February 2, 2022

    A month ago MDN brought you the news that UGI Corporation, one of Pennsylvania’s largest natural gas utility companies, had cut a deal to buy the Stonehenge Appalachia Midstream natural gas gathering system in Butler County, PA, for $190 million (see UGI Buys Stonehenge’s Marcellus Midstream Assets for $190M). The Stonehenge system includes more than 47 miles of pipeline and associated compression assets, and has a gathering capacity of 130 million cubic feet per day (MMcf/d). The Stonehenge-to-UGI transaction closed yesterday. However, there is a “rest of the story”…
    Read More “Stonehenge Still Active in PA Following Midstream Sale to UGI”

  • CNG/LNG | Industrywide Issues | Long Island | New York

    Delay then Deny: NY DEC Postpones Decision on Brooklyn LNG Regas.

    February 2, 2022April 26, 2022

    National Grid is desperately trying not to run out of natural gas for its customers in Brooklyn and Queens (on Long Island). For several years the company has fought a battle to run a tiny pipeline to its Greenpoint, Brooklyn facility, to provide extra natural gas. That project is being investigated by the Biden administration on charges of racism (see Woke Nation: 2nd Fed Agency Investigating Brooklyn Pipe as Racist). Don’t get us started. National Grid has a backup plan–add two extra LNG vaporizers to the Greenpoint facility to turn trucked LNG back into gas that can flow through the system. Irrational anti-fossil fuel fanatics are now trying to block even that minor project.
    Read More “Delay then Deny: NY DEC Postpones Decision on Brooklyn LNG Regas.”

  • Pennsylvania | Statewide PA

    PA Receives First $25M (Out of $104M) to Plug Orphaned Wells

    February 2, 2022February 2, 2022

    On Monday Pennsylvania Gov. Tom Wolf announced PA has been awarded its initial allocation of $25 million, and will receive a total of $104 million, from Biden’s so-called Bipartisan Infrastructure Law to plug orphaned and abandoned wells in the state. Which is fine. It’s good to have them plugged, good that companies in our industry will get paid to do it, good that it will create a few jobs. However, we’d like to know where the other $4.596 BILLION allocated for plugging old wells is going…
    Read More “PA Receives First $25M (Out of $104M) to Plug Orphaned Wells”

  • CNG/LNG | Commodity Price | Industrywide Issues

    New England Paying Equivalent of $180 Oil for Natural Gas

    February 2, 2022February 2, 2022

    In recent weeks and months, MDN has beat the drum about the high price of natural gas and electricity (generated by burning natural gas) in New England (see our stories here). The simple truth is this: New England blocked pipelines, so now it must import LNG from foreign countries in order to keep the lights on and to keep furnaces blowing hot air during our particularly cold winter. New England is paying international prices (obscenely high) for their LNG, competing for LNG on the open market along with Europe and Asia.
    Read More “New England Paying Equivalent of $180 Oil for Natural Gas”

  • Industrywide Issues | Regulation

    Indiana Bill Blocks State from Doing Business with Divestors

    February 2, 2022February 2, 2022

    Last year the state of Texas passed a new law that says the state government and its agencies will not do business with banks and investment firms that refuse to fund or do business with fossil fuel companies. A few weeks ago MDN told you the West Virginia State Senate is rapidly advancing a similar bill (see WV Bill Bans Using Banks, Investment Cos that Divest Fossil Fuels). Now a third Republican-controlled “red” state is actively considering such a ban bill, a divestment from the divestors: Indiana.
    Read More “Indiana Bill Blocks State from Doing Business with Divestors”

  • Best of the Rest

    Other Stories of Interest: Wed, Feb 2, 2022

    February 2, 2022February 2, 2022

    OTHER U.S. REGIONS: Tellurian to start building Louisiana liquefied natural gas plant in April; Exxon, Chevron promise Permian Basin shale production boost; NATIONAL: Be grateful for global warming; Analysts expect largest US natural gas storage withdrawal of season; American cities’ climate sacrifices are for nothing; INTERNATIONAL: With fear of $100 oil back, OPEC+ is heading into a tough meeting; Biden designates Qatar as a major non-NATO ally.
    Read More “Other Stories of Interest: Wed, Feb 2, 2022”

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