FERC Grants MVP Request to Extend Deadline to October 2026
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 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 asked the Federal Energy Regulatory Commission (FERC) in June to extend the time to complete the project until October 2026, just in case. On Tuesday, FERC granted MVP’s request.
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New York State’s Governor, Kathy Hochul, and Attorney General, Letitia James, issued virtually the same press release yesterday to announce they’ve killed yet another small business in New York State. In an amusing display of vanity, Hochul and James (both Democrats and political rivals, James wants Hochul’s position as Governor) issued slightly different versions of the same press release, each putting her own name first in the release. The release says James R. Lee and his corporate affiliates–Lee Oil Company, Inc., Whitesville Producing Corporation, Whitesville Production Corp., Allegro Oil & Gas Inc., and Allegro Investments Corporation–owned or operated hundreds of oil wells in Steuben and Cattaraugus counties. A state lawsuit claimed some 400 of those wells were not properly plugged. The state won a $2 million judgment against Lee and his companies for lack of compliance, the biggest such award in state history related to plugging old wells.
Talk about irony! Scared of the potential impacts of the coronavirus and with the price of oil crashing in March 2020 (just as COVID was getting started), Royal Dutch Shell pulled out of a 50/50 joint venture partnership with Energy Transfer (ET) to build a new LNG export facility in Lake Charles, Louisiana (see 
The same old issue keeps returning in Pennsylvania for landowners and rights owners. The Pennsylvania Minimum Royalty Act guarantees payments to all rights owners of at least 12.5% of the value of the produced gas. Yet contracts signed by many landowners allow for post-production deductions, and those deductions sometimes (often?) result in landowners receiving less than 12.5% in royalty payments. This issue has been a thorn of contention between landowners and drillers for years–two groups that are normally allies. Farmers/landowners from several western PA counties gathered yesterday at the Washington County Farm Bureau’s annual legislative meeting to discuss, among other issues, minimum royalties.
In April 2021, MDN brought you the news that Chesapeake Energy, after buying Eagle Ford oil assets in 2018 for $4 billion (during the reign of Doug Lawler), was looking to unload those assets for around $2 billion (see 
Here’s something you won’t hear about or read in the Big Legacy Media…A group of 1,100 scientists and policy experts from around the world has joined together to establish a new group called Climate Intelligence (
NATIONAL: Carbon capture and storage: will it work this time?; INTERNATIONAL: EU gas market passes 2 important milestones; Global LNG investments to peak at $42 billion in 2024; Onshore drilling rig use to increase over the next five years; Norway has overtaken Russia as Europe’s biggest supplier of natural gas; Russia’s gas threat is a bluff.