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Marcellus Drilling News
  • Industrywide Issues | Research

    NatGas Drilling Rigs Hit New High, 54 More than Pre-Pandemic

    September 16, 2022September 16, 2022

    According to data compiled by the U.S. Energy Information Administration (EIA), U.S. natural gas producers are operating more drilling rigs now than they did when the COVID-19 pandemic began in early 2020. Before the pandemic, the number of rigs operating in the United States had generally been declining. In Jan. 2020, the gas-focused rig count stood at 112. That number took a nose dive and hit a low of 68 rigs on July 24, 2020 (the lowest since 1987). But as of Sept. 9 of this year, Baker Hughes reports that 166 natural gas-focused rigs were operating in the U.S.
    Read More “NatGas Drilling Rigs Hit New High, 54 More than Pre-Pandemic”

  • Lease & Royalty Payments | Monongalia County | Pennsylvania | Tyler County | Washington County | West Virginia

    Stone Hill Minerals Auctioning SW Appalachia Marc/Utica Package

    September 16, 2022September 16, 2022

    EnergyNet is an online marketplace for buying and selling oil and gas working interests (operated and non-operated), overrides, royalties, mineral interests, leaseholds, and other contracts. From time to time, we spot auctions on EnergyNet for assets located in the Marcellus/Utica. Stone Hill Minerals Holdings LLC is using EnergyNet for the sale of a southwest Appalachia package in the Marcellus and Utica shale plays, with assets located in both West Virginia and Pennsylvania.
    Read More “Stone Hill Minerals Auctioning SW Appalachia Marc/Utica Package”

  • Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | Lancaster County | Litigation | Pennsylvania | Pipelines | Transco | Williams

    Lancaster Sisters of the Corn Still Trying to $hake Down Williams

    September 16, 2022September 16, 2022

    The Catholic nuns of Lancaster County’s Adorers of the Blood of Christ are still, all these years later, trying to shake down Williams for more money because of a pipeline that runs underneath a cornfield owned by the sisters (hence our nickname for them). Using lawyers from Big Green groups, the nuns are arguing their “religious beliefs” were offended by the pipeline because it flows a nasty, filthy fossil fuel that causes global warming. Even though the sisters own and operate a home heated by natural gas at the same location! Williams should be suing the nuns, not the other way around.
    Read More “Lancaster Sisters of the Corn Still Trying to $hake Down Williams”

  • Industrywide Issues | Regulation

    If GOP Retakes Congress, IRA & Infrastructure Laws Can be Muted

    September 16, 2022September 16, 2022

    While mainstream media is trying to convince you that the Democrats have a real chance of holding onto the House and Senate in the November election, don’t believe it. It’s not true. What you can expect to see and hear in news reports in the coming weeks are stories about “what if” the Republicans do win back majorities in both chambers–because they can’t afford to be so obviously wrong when there’s a Republican landslide. Expect to see stories asking, What will happen next? What about how a Republican sweep impacts the recently passed (misnamed) Infrastructure Reduction Act? And how does Republican control impact the so-called Infrastructure bill passed last year? S&P Global tackles those questions, saying Republicans have options to slow down, counter, and mute those idiotic bills. We pray to God it happens.
    Read More “If GOP Retakes Congress, IRA & Infrastructure Laws Can be Muted”

  • Commodity Price | Industrywide Issues

    Volatile NYMEX Natural Gas Price Falls 9% in Single Day

    September 16, 2022September 16, 2022

    Yesterday MDN brought you the news that on Wednesday, the NYMEX price of natural gas soared 10% in a single day, due largely to the threat of a nationwide rail strike that would limit coal shipments to electric generating plants, causing huge demand for natural gas (see Volatile NYMEX Natural Gas Price Jumps 10% in Single Day). During the day yesterday, the railroad union announced a tentative deal and called off the strike. And just like that, the price of natural gas dropped like a rock–down 9% in one day.
    Read More “Volatile NYMEX Natural Gas Price Falls 9% in Single Day”

  • CNG/LNG | Energy Companies | Exporting | Industrywide Issues | Regulation | Repsol

    Repsol Files Application to Export 300 MMcf/d of LNG from Canada

    September 16, 2022September 16, 2022

    In June, German Chancellor Olaf Scholz spoke to Canadian Prime Minister Justin Trudeau about Germany buying LNG from Canada (see One of Five Canadian East Coast LNG Export Projects Leads the Pack). One of the five East Coast projects, in particular, seemed to be the focus of their discussion–Repsol’s St. John LNG project in St. John, New Brunswick. However, two months later when Scholz was visiting Canada, both Scholz and Trudeau dismissed the concept of Canada exporting LNG to Germany (see Canadian PM & German Chancellor Trash Talk LNG Exports to Europe). Both “leaders” pledged their undying love to renewable unicorn farts instead. Their stupidity is mind-blowing. We’re happy to report Repsol has ignored both Trudeau and Scholz and their inane comments and has just filed an application with the Canada Energy Regulator (CER) to export up to 300 million cubic feet per day (MMcf/d) of natural gas from the St. John facility.
    Read More “Repsol Files Application to Export 300 MMcf/d of LNG from Canada”

  • Armstrong County | Ascent Resources | Butler County | CNX Resources | Coterra Energy (Cabot O&G) | Elk County | Energy Companies | Guernsey County | Indiana County | INR/Infinity Natural Resources | Jefferson County (OH) | Monongalia County | Ohio | Ohio County | PennEnergy Resources | Pennsylvania | Seneca Resources | Snyder Brothers | Southwestern Energy | Susquehanna County | Utica Resource Operating | Weekly Permits | West Virginia | XTO

    30 New Shale Well Permits Issued for PA-OH-WV Sep 5-11

    September 16, 2022September 16, 2022

    Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 30 new drilling permits, down from the 40 permits issued the week before. PA roared back to life by issuing 21 of the 30 permits, with OH issuing just three and WV issuing six.
    Read More “30 New Shale Well Permits Issued for PA-OH-WV Sep 5-11”

  • Best of the Rest

    Other Stories of Interest: Fri, Sep 16, 2022

    September 16, 2022September 16, 2022

    MARCELLUS/UTICA REGION: Protests, other actions planned for next week’s Pittsburgh climate summit; Ohio to use $25 million in federal funds to cap orphaned wells; NATIONAL: Denying access to energy…the new normal?
    Read More “Other Stories of Interest: Fri, Sep 16, 2022”

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