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Marcellus Drilling News
  • Industrywide Issues | Litigation | Pennsylvania | Potter County | Regulation | Statewide PA

    PA OFS Company Dinged $184K for Firing Rig Worker with Cancer

    August 16, 2022August 16, 2022

    Gas Field Specialists, headquartered in Potter County, PA, is an oilfield services (OFS) company that works in the Marcellus Shale in northern Pennsylvania. The company also does OFS work in western New York State. According to a settlement reached with the Equal Employment Opportunity Commission (EEOC), Gas Field Specialists will pay a former employee (rig worker/mechanic) $184,000 after firing him because he had cancer.
    Read More “PA OFS Company Dinged $184K for Firing Rig Worker with Cancer”

  • Energy Companies | Northern Oil & Gas

    Northern Oil & Gas Continues to Sniff for Deals in the Marcellus

    August 16, 2022August 16, 2022

    In February 2021, Northern Oil and Gas, Inc., a company that invests in non-operated oil and gas assets (they let others do the drilling), announced it had purchased 64,000 net acres producing ~120 MMcfe/d (million cubic feet equivalent per day) in the Marcellus/Utica from Reliance Industries Limited (see Northern O&G Buys 64K Acres of RIL’s Non-Op M-U Assets for $250M). According to Northern’s most recent quarterly update, production from the company’s M-U assets increased by 11% and now makes up 18% of total production for the company. Even more interesting: Northern continues to sniff around the M-U looking for more deals.
    Read More “Northern Oil & Gas Continues to Sniff for Deals in the Marcellus”

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

    U.N. Tries to Control Oil & Gas Worldwide via Emissions Reporting

    August 16, 2022August 16, 2022

    Are Pioneer Natural Resources, Devon Energy, and ConocoPhillips out of their cotton-pickin’ minds?! Those three U.S.-based oil and gas majors have voluntarily given up control of the future of their companies to the United Nations by agreeing to participate in a U.N. program that tracks methane emissions. This is how it works: The U.N. sets the standard and then gets suckers to join it voluntarily. Later, when the standard has been accepted and most companies use it, the U.N. will then bring the hammer down, expanding the standard, making it so restrictive that oil and gas companies can’t follow it. At that point, those who are enrolled in the standard can’t do anything about it. If a company leaves the program, it will be ostracized and no one will buy its oil and gas. The smart thing to do is to tell the U.N., a non-U.S. entity, to get lost.
    Read More “U.N. Tries to Control Oil & Gas Worldwide via Emissions Reporting”

  • Lease & Royalty Payments | Ohio | Statewide OH

    NARO Ohio 2022 Conference Coming Sept. 16-17 – Toby Rice Keynote

    August 16, 2022August 16, 2022

    In July, MDN told you about the newest chapter of the National Association of Royalty Owners (NARO), the Ohio chapter (see Ohio Launches NARO Chapter for Landowners, Sept. Conference). Although the Ohio chapter was formed in 2018, due to COVID in 2020, it has not (yet) held an in-person event. That changes on Sept. 16-17 when NARO-OH holds its annual conference at the Pritchard Laughlin Civic Center in Cambridge, Ohio. The two keynote speakers are EQT CEO Toby Rice (recorded) and Ohio Supreme Court Justice Jennifer Brunner. Details below…
    Read More “NARO Ohio 2022 Conference Coming Sept. 16-17 – Toby Rice Keynote”

  • Hydrogen | Industrywide Issues | Ohio | Pipelines | Stark County | Statewide OH | Trucking

    Appalachian Hydrogen Transportation Conference Coming Sept. 23

    August 16, 2022August 16, 2022

    The Appalachian Hydrogen Transportation Conference will be held at the Pro Football Hall of Fame in Canton, Ohio, on Friday, Sept. 23. The event is hosted by MDN’s good friend Joe Barone from ShaleDirectories.com. Whether you like it or not (we personally don’t like it), hydrogen production and pipeline movement, along with capturing and storing carbon dioxide, is touching all oil and natural gas companies. This event is aimed at addressing the responsibility and opportunities that the transportation industry has in moving hydrogen. If hydrogen is in your company’s future, this conference should be in *your* future.
    Read More “Appalachian Hydrogen Transportation Conference Coming Sept. 23”

  • ESG | Industrywide Issues

    Anti-ESG Fund Challenging BlackRock Takes Off Like Wildfire

    August 16, 2022August 16, 2022

    A company called Strive, an Ohio-based asset management firm formed with the backing of two billionaires–Bill Ackman and Peter Thiel–is on a mission to educate and influence companies away from ESG obsession. In July, we told you about Strive and that the company, a counterweight to woke lefty funds like BlackRock, had already raised $20 million (see Conservatives Launch Funds to Counter Activist Climate Investing). We have fantastic news. Strive’s first exchange-traded fund, DRLL, has raised more than $100 million in assets under management and had $160 million in traded volume in its first week of trading.
    Read More “Anti-ESG Fund Challenging BlackRock Takes Off Like Wildfire”

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

    Massachusetts Drives Off Energy Cliff by Passing “Climate” Bill

    August 16, 2022August 16, 2022

    As of 2035, you won’t be able to buy a gasoline-powered vehicle in Massachusetts. Beginning soon (next year?), some 10 Massachusetts municipalities that have passed a ban on connecting new buildings to natural gas lines will implement those bans, as a test project. Both measures are part of a bill recently signed into law by Gov. Charlie Baker, a Democrat who pretends to be a Republican. What’s below a Republican-in-Name-Only (RINO)? Perhaps a Democrat-in-Practice-Without-Actual-Designation (DIPWAD)?
    Read More “Massachusetts Drives Off Energy Cliff by Passing “Climate” Bill”

  • Best of the Rest

    Other Stories of Interest: Tue, Aug 16, 2022

    August 16, 2022August 16, 2022

    NATIONAL: We’ve made it nearly impossible to build in America; This is $93 billion in direct attacks on fossil fuels and energy independence; INTERNATIONAL: Extinction Rebellion spawns another splinter group planning to block streets.
    Read More “Other Stories of Interest: Tue, Aug 16, 2022”

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