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Marcellus Drilling News
  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Litigation | Pipelines | Statewide WV | West Virginia

    WV Sen. Capito Says MVP-Blocking 4th Circuit “Must be Stopped”

    July 14, 2023July 14, 2023
    Cage fight

    U.S. Senator Shelley Moore Capito, from West Virginia, spoke with reporters yesterday. She spared no words in describing her disgust with the three-judge panel from the U.S. Court of Appeals for the Fourth Circuit and their latest illegal maneuver to block the Mountain Valley Pipeline (MVP) project. She said she is “seriously, totally astounded” by “this politicized court” and its decision to block MVP construction after Congress “spoke loud and clear” in its support to finish MVP asap. She also said, “This activist court has got to be stopped.” We agree.
    Read More “WV Sen. Capito Says MVP-Blocking 4th Circuit “Must be Stopped””

  • Electrical Generation | Industrywide Issues | Regulation | Statewide VA | Taxation | Virginia

    Virginia on Track to Leave RGGI Carbon Tax Scheme by Dec. 31

    July 14, 2023July 14, 2023

    In 2021 as he was running for the office of Governor in Virginia, Glenn Youngkin pledged if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). Following his recent review of a new regulation to remove the state from RGGI, Youngkin is on the cusp of keeping his promise.
    Read More “Virginia on Track to Leave RGGI Carbon Tax Scheme by Dec. 31”

  • Energy Companies | EQT Corp | Industrywide Issues | LDCs | Statewide WV | West Virginia

    NatGas-Powered WATT Fuel Cells Provided to 500 West Virginia Homes

    July 14, 2023July 14, 2023
    WATT fuel cell

    A fuel cell manufacturer located in Westmoreland County, PA–WATT Fuel Cell–disclosed in 2022 that its biggest investor is EQT Corporation (see EQT Invests in Fuel Cell Co. – Foresees Future Market for NatGas). WATT Fuel Cell manufactures Solid Oxide Fuel Cell (“SOFC”) stacks and systems that operate on common, readily available fuels such as natural gas and propane. Instead of burning and combusting natural gas (or propane), those fuel sources are subjected to an electrochemical process that produces electricity (see this post for a description of the process: SWPA NatGas Fuel Cell Backed by EQT Wins Product Certification). WATT is ready to go mainstream. The company is distributing 500 of its units to customers of Hope Gas, a West Virginia-based natural gas utility.
    Read More “NatGas-Powered WATT Fuel Cells Provided to 500 West Virginia Homes”

  • Carbon Capture | Energy Companies | Exxon Mobil | Industrywide Issues | M&A

    Exxon Buys Carbon Capture Business Denbury for $4.9 Billion

    July 14, 2023July 14, 2023

    Exxon Mobil Corporation announced it is buying Denbury Inc., a developer of carbon capture, utilization, and storage solutions and enhanced oil recovery, for $4.9 billion in an all-stock transaction. Denbury currently focuses on the Gulf Coast and Rocky Mountain region. Presumably, Exxon plans to expand Denbury’s technology to other regions, including the Marcellus/Utica.
    Read More “Exxon Buys Carbon Capture Business Denbury for $4.9 Billion”

  • Hydrogen | Industrywide Issues

    White is the Newest Color to Join the Rainbow of Hydrogen Colors

    July 14, 2023July 14, 2023

    Hydrogen energy is closely tied to natural gas. Currently, 95% of all hydrogen produced in the world is produced by cracking methane (natural gas). The so-called regional hydrogen hubs being dangled by the Bidenistas (up to $1 billion of government financing for 6-10 projects) can potentially launch expanded demand for natural gas in the Marcellus/Utica (see 33 of 79 Hydrogen Hub Teams Encouraged to Submit Full Applications). But not all hydrogen is produced from natural gas, and the left is pushing hard to force production from sources other than natural gas. A rainbow of colors is used to denote the source of how hydrogen is produced. We have a new color to add to the rainbow: white.
    Read More “White is the Newest Color to Join the Rainbow of Hydrogen Colors”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Philadephia | Research

    Global Warming Fanaticism Now Infecting the Fine Art World

    July 14, 2023July 14, 2023

    This one has us laughing our considerably fat rear-ends off. The left long ago corrupted science, turning it from the pursuit of objective facts into forced obedience to political opinions (i.e., global warming is caused by fossil fuels). The left issues mountains of data–graphs, tables, pictures–that supposedly prove they are correct with their opinions and theories about global warming (which they renamed “climate change”). But what’s this? Many people don’t believe all of those graphs and tables and data being pushed–they’re just too dumb to understand it. What’s the solution? Instead of using charts and graphs generated by Microsoft Excel that are so literal, have artists redraw them as “fine art” to make them look prettier. The left says, in a new study, dumb folks will fall for the pretty pictures every time.
    Read More “Global Warming Fanaticism Now Infecting the Fine Art World”

  • Ascent Resources | Butler County | CNX Resources | Energy Companies | Guernsey County | Jefferson County (OH) | LOLA Energy | Monongalia County | Northeast Natural Energy | Ohio | Pennsylvania | Southwestern Energy | Weekly Permits | West Virginia | Westmoreland County

    11 New Shale Well Permits Issued for PA-OH-WV Jul 3-9

    July 14, 2023July 14, 2023

    New shale permits issued for Jul 3-9 in the Marcellus/Utica saw a dramatic decrease after posting a dramatic increase the week before. There were 11 new permits issued last week, way down from the 39 issued the previous week. Last week’s permit tally included a scant 3 new permits in Pennsylvania, 3 new permits in Ohio, and 5 new permits in West Virginia. The top permittee for the week was Northeast Natural Energy, receiving 5 permits in Monongalia County, WV.
    Read More “11 New Shale Well Permits Issued for PA-OH-WV Jul 3-9”

  • Best of the Rest

    Other Stories of Interest: Fri, Jul 14, 2023

    July 14, 2023July 14, 2023

    MARCELLUS/UTICA REGION: Coterra builds on partnership with Dennis Farm; NATIONAL: D.C. Circuit court rejects DOE’s de facto ban on natural gas boilers; USA LNG cargoes poised to shift to Asian ports; US Henry Hub, international natgas prices slump week over week; American energy independence is a national security priority; INTERNATIONAL: This is the goldilocks price for oil.
    Read More “Other Stories of Interest: Fri, Jul 14, 2023”

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