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Marcellus Drilling News
  • Accidents | Energy Services | Energy Transfer Partners | Ethane | Industrywide Issues | NGLs | Pennsylvania | Pipelines | Processing Plants | Regulation | Washington County

    Revolution Cryogenic Plant Partially Restarts Following Explosion

    January 10, 2023January 10, 2023

    Residents living in the vicinity of Energy Transfer’s Revolution Pipeline cryogenic plant in Bulger (Washington County), PA, got a nasty “present” on Christmas morning. Around 7:30 am, residents report hearing an explosion, followed by a fire, at the plant used to separate NGLs (natural gas liquids, including ethane, propane, and butane) from the raw gas stream that flows through the Revolution gathering pipeline (see ET Revolution Cryogenic Processing Plant Explodes in PA on Xmas). The good news is that the plant has resumed “partial operations.”
    Read More “Revolution Cryogenic Plant Partially Restarts Following Explosion”

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

    Bidenistas Make a Run at Banning Natural Gas Stoves Nationwide

    January 10, 2023January 10, 2023

    Natural gas stoves are used in roughly 40% of households in the United States. The hard-left Bidenistas who control the U.S. Consumer Product Safety Commission are floating a trial balloon that they want to ban them all, forcing you (if you have one) to replace it with an electric stove. The stated reason for forcing a change is that gas stoves supposedly emit cancer-causing, and asthma-causing, chemicals. The Bidenistas are attempting to use fear as a weapon to convince people to go along with this tyranny. Don’t let them.
    Read More “Bidenistas Make a Run at Banning Natural Gas Stoves Nationwide”

  • Hydrogen | Industrywide Issues | Kentucky | Ohio | Statewide OH | Statewide WV | West Virginia

    WV-Led Hydrogen Hub Proposal Green-Lighted for Next Round

    January 10, 2023January 10, 2023

    Yesterday we told you that the Pennsylvania-blessed effort by Shell and Equinor to build (at taxpayers’ expense) a so-called hydrogen hub in PA has received the Dept. of Energy’s blessing (“encouragement”) to submit a full application (see PA-Backed Blue Hydrogen Hub Effort Passes First Hurdle with DOE). We were kind of nervous that we had not heard whether or not another project, led by West Virginia but endorsed by Ohio, Kentucky, and over 200 organizations, had also received DOE’s blessing to submit a full application. Whew. They did.
    Read More “WV-Led Hydrogen Hub Proposal Green-Lighted for Next Round”

  • Hydrogen | Industrywide Issues

    33 of 79 Hydrogen Hub Teams Encouraged to Submit Full Applications

    January 10, 2023January 10, 2023

    As we point out in a companion article today, the West Virginia concept paper to build a hydrogen hub in the Mountain State (endorsed by both Ohio and Kentucky) was approved, which now leads to a horse race with Pennsylvania and that state’s effort to do the same thing. Some 95% of the hydrogen created today comes from cracking natural gas. A hydrogen hub has the potential to be a HUGE new customer of Marcellus/Utica gas. That is, IF we don’t blow our opportunity to grab one of these hubs in our region. It would be better if PA joined the WV plan to present a united application for the entire M-U. But it seems that will not be the case. One of the two plans will win, and the other will lose. It could have been different. May the odds be ever in your favor.
    Read More “33 of 79 Hydrogen Hub Teams Encouraged to Submit Full Applications”

  • Allegheny County | Energy Companies | Industrywide Issues | Olympus/Huntley & Huntley | Pennsylvania | Regulation

    Olympus Plan to Drill Wells Near Elizabeth High School Approved

    January 10, 2023January 10, 2023

    Olympus Energy wants to drill six wells on a single pad in rural Elizabeth Township, a borough in Allegheny County on the east bank of the Monongahela River. The pad would sit about 2,400 feet (nearly half a mile) away from Elizabeth Forward High School. Some of the parents of students, and some of the administration, pushed back against Olympus’ drilling plan, using the kiddies as an excuse (see School Near Pittsburgh Pushes Back Against Olympus Plan to Drill). However, Elizabeth Township’s board of commissioners voted last night to approve the plan by a 5-2 margin.
    Read More “Olympus Plan to Drill Wells Near Elizabeth High School Approved”

  • Commodity Price | Industrywide Issues

    Henry Hub’s Wild Ride in 2022 – Highest Avg Price Since 2008

    January 10, 2023January 10, 2023

    In 2022, the spot price for natural gas at the benchmark Henry Hub in southern Louisiana averaged $6.45 per million British thermal units (MMBtu), the highest annual average, in both real and nominal terms, since 2008. That’s the highest average in 14 years. Most casual observers would attribute the high price to Putin’s illegal invasion of Ukraine and Europe’s sudden demand for non-Russian natgas–in particular, U.S. LNG. While there is no doubt Putin’s war had an influence, the truth is natgas prices were already on the rise before the war. It was a wild ride in 2022. The U.S. Energy Information Administration (EIA) recaps the year…
    Read More “Henry Hub’s Wild Ride in 2022 – Highest Avg Price Since 2008”

  • Industrywide Issues | Regulation

    EPA Makes Another Attempt to Regulate O&G via Waters of US

    January 10, 2023January 10, 2023

    The Barack Hussein Obama administration went crazy with over-regulation in many areas. One of them was to redefine “waters of the United States” (or WOTUS) as everything down to, no exaggeration, mud puddles (see EPA Power Grab: Redefines Waters of the U.S. to Include Everything). When Donald Trump took office, he set about to correct some of the insane abuses of the Obama era, including WOTUS. He finally got it fixed (see EPA & Army Corps Publish Final WOTUS Regs – Obama Overreach Fixed). The Bidenistas have taken up the cause once again. Radicals at the EPA announced a new rule last week aimed at re-regulating all waters once again, putting power over just about everything (including oil and gas drilling) into the federal government’s hands via WOTUS.
    Read More “EPA Makes Another Attempt to Regulate O&G via Waters of US”

  • MUI

    MDN Upstream Index (MUI) – Jan 10, 2023

    January 10, 2023January 10, 2023

    The most recent day of active trading was Mon., Jan. 9, 2023. The numbers below reflect yesterday’s closing numbers.


    Read More “MDN Upstream Index (MUI) – Jan 10, 2023”

  • Best of the Rest

    Other Stories of Interest: Tue, Jan 10, 2023

    January 10, 2023January 10, 2023

    MARCELLUS/UTICA REGION: Casey Boyd named Steel Nation VP of Business Development; NATIONAL: Natural gas up 5%, after more than 50% tumble over 3 weeks; Goldman Sachs says warm winter weather a risk to gas price view; Why U.S. natural gas liquids production is surging; INTERNATIONAL: Canada adds 100+ rigs.
    Read More “Other Stories of Interest: Tue, Jan 10, 2023”

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