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Marcellus Drilling News
  • CNG/LNG | Exporting | Industrywide Issues

    Another Surprise! 2nd LNG Cargo Departs Freeport Facility

    February 14, 2023February 14, 2023

    Yesterday we reported the surprising news that a load of LNG had left the Freeport facility, even though the facility has not been fully blessed to restart operations (see Surprise! Freeport LNG Exports 1st Cargo Since June 2022 Explosion). As we told you, it appears the load was LNG that had been liquefied and stored before the facility was shut down in June 2022 following an explosion. In an even bigger surprise, it appears another (second) ship left Freeport last night, loaded with LNG, headed for South Korea.
    Read More “Another Surprise! 2nd LNG Cargo Departs Freeport Facility”

  • Industrywide Issues | Litigation | Ohio | Pennsylvania | Statewide OH | Statewide PA

    Class Action Against Evolution Well in PA & OH Settled for $2.55M

    February 14, 2023February 14, 2023

    Evolution Well Services, headquartered in Houston with a regional office in Pittsburgh, specializes in “electric” fracking–using natural gas from the well pad (instead of diesel fuel) to power turbines to create electricity that drives fracking pumps. In September 2020, three former Evolution employees who worked at remote sites in the Marcellus/Utica filed a lawsuit against the company claiming Evolution failed to pay them for their commute to and from job sites. The lawsuit was turned into a class action in February of last year (see Class Action Certified Against Evolution Well for Commuter Wages). Both sides met with a mediator in September and settled the lawsuit for $2.55 million. A federal judge has just blessed that deal.
    Read More “Class Action Against Evolution Well in PA & OH Settled for $2.55M”

  • Beaver County | Energy Companies | Ethane | Industrywide Issues | Pennsylvania | Processing Plants | Shell

    Shell Cracker Plant Forced to Flare Again Following “Malfunction”

    February 14, 2023February 14, 2023

    It hasn’t been a problem-free startup for the mighty Shell ethane cracker plant in Monaca (Beaver County), PA, now called the Shell Polymers Monaca facility. We’ve noted some of the more prominent issues as we’ve spotted them in the news. Things like the plant exceeding allowed air emissions (see PA DEP Issues Violation to Shell Cracker for Exceeding Air Emissions) and flaring at the plant causing the sky to turn orange at night (see Shell Cracker Plant has Flaring Episode – Skyline Turns Orange). There’s a good chance the sky was orange again last night.
    Read More “Shell Cracker Plant Forced to Flare Again Following “Malfunction””

  • Industrywide Issues | Research

    EIA Feb. DPR: M-U Production Hits Ceiling, Haynesville Surges

    February 14, 2023February 14, 2023
    click for larger version

    The Marcellus/Utica continues to produce about the same amount of natural gas that was produced in 2022–essentially capped at no more than 35.5 billion cubic feet per day (Bcf/d) of production. The U.S. Energy Information Administration (EIA) published its latest monthly Drilling Productivity Report (DPR) yesterday, and the report shows that, once again, M-U production (called “Appalachia” in the report) is still capped–at 35.0 Bcf/d in February. EIA predicts it will increase to 35.1 Bcf/d (adding a piddly 80 MMcf/d) in March 2023.
    Read More “EIA Feb. DPR: M-U Production Hits Ceiling, Haynesville Surges”

  • Energy Companies | Industrywide Issues | Pennsylvania | Range Resources Corp | Research | Washington County

    Multi-Year Test of Range Well in SWPA Proves No Air Pollution

    February 14, 2023February 14, 2023

    Anti-drillers, with the assistance of biased “news” publications like the Pittsburgh Post-Gazette, continually make false accusations against the shale industry in the southwestern Pennsylvania area, alleging that fracking is the cause of rare forms of cancer in children (see More Reckless Accusations that Shale Causes Cancer in SWPA Kids). In order to quell these false accusations, Range Resources commissioned and paid for two independent air monitoring studies. We told you about one of the studies, set up in Cecil Township (Washington County), back in June 2020 (see Range Resources Begins New Air Monitoring Test at SWPA Well Site). The results from that study are now in. According to third-party findings, the Cecil study showed no elevated concentration of air pollution in the area.
    Read More “Multi-Year Test of Range Well in SWPA Proves No Air Pollution”

  • Electrical Generation | Industrywide Issues | Regulation | Statewide WV | West Virginia

    WV Bill Promoting New Gas-Fired Power Plants Nears Final Vote

    February 14, 2023February 14, 2023

    As we previously reported, West Virginia Senate Bill (SB) 188 is aimed at making WV more competitive with its neighbors–Pennsylvania and Ohio–with respect to siting more gas-fired power plants in the state. The only problem is that the coal industry isn’t thrilled with some of the language in the bill (see WV Senate Bill to Promote Gas-Fired Power Rankles Coal Lobby). Even though Big Coal is not happy with it, SB 188 appears to be on a fast track to passing. The Senate passed the bill, and it’s now headed for a full House vote.
    Read More “WV Bill Promoting New Gas-Fired Power Plants Nears Final Vote”

  • Energy Companies | EQT Corp

    Help Wanted: New CFO for EQT – David Khani Leaving in July

    February 14, 2023February 14, 2023
    David Khani

    Yesterday EQT announced the “planned transition” of David Khani, Executive Vice President and Chief Financial Officer for the company, effective July 2023. The announcement does not say what Khani is transitioning to, but by all appearances, it means he’s leaving the company. The announcement also says EQT will be conducting a search to identify a successor and that Khani will stick around to be sure there is a smooth transition.
    Read More “Help Wanted: New CFO for EQT – David Khani Leaving in July”

  • MUI

    MDN Upstream Index (MUI) – Feb 14, 2023

    February 14, 2023February 14, 2023

    The most recent day of active trading was Mon., Feb. 13, 2023. The numbers below reflect yesterday’s closing numbers.


    Read More “MDN Upstream Index (MUI) – Feb 14, 2023”

  • Best of the Rest

    Other Stories of Interest: Tue, Feb 14, 2023

    February 14, 2023February 14, 2023

    MARCELLUS/UTICA REGION: PA Environmental Hearing Board Chief Judge retires; NATIONAL: Williams appoints Carri Lockhart to Board of Directors; EIA forecasts refinery utilization to average 90+% in 2023 & 2024; Al Gore’s 30 years of climate errors – bridge fuel to nowhere; INTERNATIONAL: A $39 trillion investor alliance gives warning on carbon offsets; Russia drills most oil in a decade; Europe’s gas prices drop to the lowest level since Sept 2021.
    Read More “Other Stories of Interest: Tue, Feb 14, 2023”

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