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Marcellus Drilling News
  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Summers County | West Virginia

    MVP Work Restarts in Summers County, WV – Joe Manchin Field Trip

    September 7, 2023September 7, 2023
    U.S. Sen. Joe Manchin hangin’ with the MVP boys in Summers County, WV

    An Act of Congress (the Fiscal Responsibility Act) cleared away the remaining obstacles to completing the 303-mile Mountain Valley Pipeline (see Equitrans Announces Mountain Valley Pipe to Get Completed in 2023). After a final appeal by antis with their colluding buddies of the 4th Circuit threatened to block the Fiscal Responsibility Act’s MVP provisions, the U.S. Supreme Court stepped in and overruled the 4th Circuit (see Supreme Court Overturns 4th Circuit, MVP to Restart Construction). Following the Supremes’ decision, MVP restarted construction–on August 4 in Virginia (see MVP Restarted Va. Construction Aug 4th, 8 Stream Crossings So Far). However, we’d not heard anything about work restarting in West Virginia–until now.
    Read More “MVP Work Restarts in Summers County, WV – Joe Manchin Field Trip”

  • Energy Companies | Gulfport Energy | Monroe County | Ohio

    Gulfport’s 4-Mile Utica Wells Producing 2.5+ Bcfe per 1,000 Ft

    September 7, 2023September 7, 2023

    Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy in May 2021 with a new board and top management. In January of this year, the company appointed a new CEO, John Reinhart, the former President and CEO of M-U driller Montage Resources Corporation before that company was gobbled up by Southwestern Energy (see Marcellus Veteran John Reinhart Joins Gulfport Energy as CEO). The company recently issued its second quarter update. The news coming from that update that caught our eye was that Gulfport is beginning to drill wells in Ohio’s Marcellus layer in addition to the Utica (see Gulfport Drilling Marcellus (Not Utica) Wells in Belmont Co., OH). However, Enverus (formerly Drillinginfo), one of the most trusted, energy-dedicated SaaS platforms, noticed another newsworthy item coming from Gulfport’s update: three of Gulfport’s Utica wells in Monroe County are 4-mile wells, and they are producing more than 2.5 billion cubic feet equivalent (Bcfe) per 1,000 feet per day–significantly higher than the company’s average of 1.5 Bcfe/d.
    Read More “Gulfport’s 4-Mile Utica Wells Producing 2.5+ Bcfe per 1,000 Ft”

  • Belmont County | Economic Impact | Industrywide Issues | Ohio | Taxation

    Belmont County, OH Lodging Tax from O&G Workers Grows Tourism

    September 7, 2023September 7, 2023

    The transient workers in the Ohio Utica Shale field must stay somewhere. That somewhere is typically a hotel or motel. Belmont County, one of the hotbeds of Utica drilling, has many such transient workers. Their overnight stays at area hotels and motels create a big pile of lodging tax revenue, which is used to help fund the Belmont County Tourism Council. And the Council is thankful for it!
    Read More “Belmont County, OH Lodging Tax from O&G Workers Grows Tourism”

  • Energy Services | Industrywide Issues | M&A | Pipelines | Williams

    Williams CEO Talks Down Enbridge/Dominion Deal, Talks Up Gas Pipes

    September 7, 2023September 7, 2023

    Williams CEO Alan Armstrong spoke at the Barclays CEO Energy-Power Conference in New York City yesterday. Certain members of the press were invited to attend (but sadly, not MDN). Armstrong had some interesting things to say at the Barclays soiree. Armstrong engaged in a little smack talk about the recently announced Enbridge deal to buy Dominion Energy’s remaining gas utility businesses for $14 billion (see Dominion Energy Loses Mind – Sells Remaining LDC NatGas Businesses). Another thing Armstrong said is that the crazy “electrify everything” movement will lead to the use of MORE natural gas and LNG, not less.
    Read More “Williams CEO Talks Down Enbridge/Dominion Deal, Talks Up Gas Pipes”

  • Industrywide Issues | Regulation

    Biden’s Democrat FERC Chairman Says Natural Gas is Here to Stay

    September 7, 2023September 7, 2023

    Federal Energy Regulatory Commission Chairman Willie L. Phillips (Democrat) is one of many high-profile speakers appearing on the stage at the Gastech 2023 conference currently underway in Singapore. He delivered some blunt language to leftist kooks who believe we must end the use of fossil energy. Phillips said, “There will be no transition of our energy system?without natural gas.” BOOM. So much for all those Democrat cities and states trying to phase out the use of natural gas. According to one of their own, that’s not happening.
    Read More “Biden’s Democrat FERC Chairman Says Natural Gas is Here to Stay”

  • CNG/LNG | Exporting | Industrywide Issues | Litigation

    Driftwood LNG Gets Closer to FID in Deal with BHI, Court Win

    September 7, 2023September 11, 2023

    Driftwood LNG, a 27.6 million tonnes of LNG per year facility that will cost on the order of $14.5 billion to build, has not made an official final investment decision (FID) to proceed with the FERC-approved project. However, construction began on the project in March 2022 (see Tellurian Begins Construction of Driftwood LNG with No FID). The Sierra Club, a radicalized organization, tried to stop construction by claiming that a permit issued by the Army Corps of Engineers was unlawful (see Radical Sierra Club Tries to Block Driftwood LNG in 5th Circuit). The lawsuit was thrown out yesterday by the U.S. Court of Appeals for the Fifth Circuit (5th Circuit). Also in the news: Tellurian, the builder, announced a deal with Baker Hughes to supply compressors for Phase 1 of the facility. The dismissed lawsuit and the Baker Hughes deal cause us to conclude that Driftwood has made significant progress toward an FID.
    Read More “Driftwood LNG Gets Closer to FID in Deal with BHI, Court Win”

  • Hydraulic Fracturing | Industrywide Issues | Regulation | Research

    DOE Offering $30M for Tech Projects to Solve Gas Flaring Issue

    September 7, 2023September 7, 2023

    What’s the government’s answer to everything? Money! Have a problem, throw money at it, and declare it solved. Need more votes in the next election? Money helps with that, too. Here’s the latest “money solves all problems” proposal from the Dept. of Energy (DOE)… The DOE’s Office of Fossil Energy and Carbon Management (FECM) announced up to $30 million in free money (i.e., grants) for developing advanced technologies to reduce or eliminate the need for natural gas flaring at oil production sites. Cause you know, fugitive methane is toasting Mom Earth into a cinder.
    Read More “DOE Offering $30M for Tech Projects to Solve Gas Flaring Issue”

  • Best of the Rest

    Other Stories of Interest: Thu, Sep 7, 2023

    September 7, 2023September 7, 2023

    INTERNATIONAL: Oil rallies near nine month high; Fragile LNG market threatens volatility and return to coal; Buoyant LNG industry bets it’s in the energy mix for decades; India’s GAIL to tap spot LNG markets to meet surge in power demand.
    Read More “Other Stories of Interest: Thu, Sep 7, 2023”

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