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Marcellus Drilling News
  • Energy Companies | ESG | Industrywide Issues | Olympus/Huntley & Huntley

    Olympus Energy Gets Project Canary Cert – Produces 100% RSG NatGas

    July 13, 2022July 13, 2022

    Olympus Energy (formerly Huntley & Huntley) contracted with Project Canary last December to monitor methane emissions from both the company’s drilling operations and the company’s pipeline operations (see Olympus Using Proj Canary to Monitor Drilling & Pipes for Methane). Project Canary had a close look and yesterday announced it has granted Olympus its highest rating across the company’s entire asset base. Olympus can now boast that 100% of the natural gas it produces is RSG gas–responsibly sourced gas.
    Read More “Olympus Energy Gets Project Canary Cert – Produces 100% RSG NatGas”

  • Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | Pipelines | Regulation | Transco | Williams

    Williams’ PennEast Pipe Competitor Hits a Brick Wall in New Jersey

    July 13, 2022July 13, 2022

    In March 2019, MDN told you about a new Williams plan to beef up the Transco pipeline in Pennsylvania and New Jersey, to deliver an extra 829 MMcf/d (originally 1 billion cubic feet per day) of Marcellus gas to PA, NJ, and Maryland (see Williams Announces Transco Competitor to PennEast Pipe in NEPA). The project, called the Regional Energy Access expansion project, was aimed at competing with the PennEast Pipeline project by flowing gas from northeastern Pennsylvania to the Trenton, NJ area. PennEast got canceled after stiff opposition from liberal state officials in New Jersey. Williams is now facing the same opposition for its project.
    Read More “Williams’ PennEast Pipe Competitor Hits a Brick Wall in New Jersey”

  • Anti-Drilling/Fossil Fuel | ESG | Industrywide Issues | Regulation | Statewide WV | West Virginia

    Big Banks Object to Being Outed by WV as Fossil Energy Haters

    July 13, 2022July 13, 2022

    All six Big Banks (and investment firms) on the West Virginia blacklist of companies pressuring investors to avoid fossil energy companies are objecting to being included on the WV blacklist. One month ago WV State Treasurer Riley Moore sent a letter to six big banks/investment firms alerting them they are about to be added to the state’s “blacklist” for violating policies by not investing or doing business with fossil fuel companies (see WV Threatens 6 Banks for Breaking State Anti-Fossil Fuel Law). The dirty six had 30 days to respond. All six (named below) responded by claiming they don’t hate fossil fuels. Liars.
    Read More “Big Banks Object to Being Outed by WV as Fossil Energy Haters”

  • BKV/Banpu | Energy Companies

    BKV Corporation Pioneers “Pad of the Future” in Drive to Net Zero

    July 13, 2022July 13, 2022

    BKV Corporation (Banpu Kalnin Ventures), the American shale drilling arm of Banpu of Thailand (Banpu owns 96% of BKV), originally entered the American shale sector by investing over $500 million in 2016-2017 to buy existing Marcellus wells and acreage in northeast Pennsylvania. Over the past seven years, BKV has become one of the top 20 gas-weighted natural gas producers in the U.S. BKV is now (with recent purchases) the largest natural gas producer in the Barnett Shale. The company is on a mission to be so-called net zero emissions (Scopes 1 & 2) by 2025. BKV is developing what it calls the “Pad of the Future” to help it get there.
    Read More “BKV Corporation Pioneers “Pad of the Future” in Drive to Net Zero”

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

    FERC Comment Deadline to Extend MVP Construction This Thursday

    July 13, 2022July 13, 2022

    The 303-mile Mountain Valley Pipeline (MVP) project from Wetzel County, WV to Pittsylvania County, VA announced in 2014 was supposed to be completed in 2018 and cost $3.5 billion. The project builder, Equitrans Midstream, now says MVP, which is 94% complete, should be done by the end of 2023 at a staggering cost of $6.6 billion. What happened in between 2014 and today is that Big Green groups, many of which use foreign funding (from countries like Russia) have repeatedly challenged the project. Complicit and colluding judges have placed roadblocks in the way, preventing MVP from finishing. Given the ongoing opposition from the radical left, MVP recently asked FERC to extend the time to complete the project until October 2026, just in case. Comments on MVP’s request to extend the deadline are due by tomorrow.
    Read More “FERC Comment Deadline to Extend MVP Construction This Thursday”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Parting Swipe at Marcellus – Gov. Wolf Vetoes Bill Blocking Gas Bans

    July 13, 2022July 13, 2022
    PA Gov. Tom Wolf

    He’s about as lame a duck as they come with his term ending at the end of this year, yet Pennsylvania Gov. Tom Wolf is once again attacking (at the behest of the radical left) the Marcellus industry in his own state. The PA legislature, following the example of many other states, passed a bill that blocks local leftist-infested communities from doing something truly stupid–banning the use of natural gas. PA is not California, or New York, or other leftist hornet nests filled with fossil fuel haters. Yet Wolf acts as if he is a fossil fuel hater himself, tightly bound to the radical environmental left, doing whatever they ask of him. His latest act against the Marcellus is to veto Senate Bill (SB) 275.
    Read More “Parting Swipe at Marcellus – Gov. Wolf Vetoes Bill Blocking Gas Bans”

  • Allegheny County | Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Regulation

    Allegheny County Council Passes Frack Ban, Co. Exec Fitzgerald to Veto

    July 13, 2022July 13, 2022

    Since 2013 anti-fossil fuel zealots–people with an irrational hatred of fossil fuels–have tried to ban drilling under (not on) public parks in Allegheny County, PA (near Pittsburgh). In January of this year, County Councilor Bethany Hallam, a committed anti-fossil fuel fanatic (who herself uses fossil energy every day) introduced yet another resolution to ban fracking underneath county parks, which would potentially deny an important revenue stream to the county (see Antis Try Again to Ban Fracking Under Allegheny County Parks). Unfortunately, Hallam managed to get a vote on the bill and it passed 11-4–enough votes to overcome a promised veto by County Executive Rich Fitzgerald.
    Read More “Allegheny County Council Passes Frack Ban, Co. Exec Fitzgerald to Veto”

  • Industrywide Issues | Pipelines | Regulation

    PHMSA Backs Down, Pauses New Gathering Pipe Reg After Getting Sued

    July 13, 2022July 13, 2022

    Last year the Bidenistas initiated a massive power grab to transfer the right of individual states to regulate local natural gas gathering pipelines to the federal government (see Massive Power Grab Proposed by Biden DOT: Regulate Gathering Lines). The oil and gas industry asked Biden to pause the power grab by 3-5 years. In April, the Bidenistas rejected that request (see Biden Admin Attacks NatGas – Refuses to Pause Gathering Pipe Regs). In May the GPA Midstream Association (later joined by the American Petroleum Institute) sued the Dept. of Transportation and its PHMSA division to block the new regulations. PHMSA has settled the lawsuit by agreeing to delay implementing the new regs for most gathering lines until May 2024.
    Read More “PHMSA Backs Down, Pauses New Gathering Pipe Reg After Getting Sued”

  • Best of the Rest

    Other Stories of Interest: Wed, Jul 13, 2022

    July 13, 2022July 13, 2022

    OTHER U.S. REGIONS: Texas wind power failing when state needs it most; NATIONAL: Biden will push for greater oil output on Mideast trip; INTERNATIONAL: Oil plummets on recession fears; EU votes to label natural gas as climate-friendly; OPEC issues first supply, demand indicators for 2023.
    Read More “Other Stories of Interest: Wed, Jul 13, 2022”

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