Anti-Drilling/Fossil Fuel | Coterra Energy (Cabot O&G) | Energy Companies | Industrywide Issues | Litigation | Pennsylvania | Susquehanna County
Coterra Energy Wins Court Victory Against Dimock Anti’s Lawyers
A Susquehanna County, PA judge recently ruled against fractivist lawyers looking for a quick payday in a “Dimock” case stretching back to 2017. In a damning decision against the lawyers, the judge said they repeatedly refused to provide documents in the case even though ordered to by the judge. Not only that, but the lawyers destroyed evidence! They destroyed computers with emails and documents, and even destroyed hard-copy documents, to avoid handing them over to the court. Next up is a trial to determine how much the plaintiff (Coterra Energy) will receive after being wronged by these fractivist lawyers.
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On Wednesday, MDN pointed out that a New York-based company will play a key role in (and get gobs of money from) the WV hydrogen hub project (see 
The United States will add 8.6 gigawatts (GW) of natural gas-fired electric generating capacity in 2023, more than the gas-fired additions in 2022 and 2021, the U.S. Energy Information Administration (EIA) said on Monday. So far, in 2023, 10 natural gas-fired power plants have come online with 6.8 GW of new capacity. Another six plants are due to come online by the end of this year, adding another 1.8 GW of new capacity. The EIA expects 20 new natural gas-fired power plants to come online in the next two years, in 2024 and 2025, with another 7.7 GW of new capacity.
We got quite a charge out of this story. It seems the oil and gas industry in building new pipelines isn’t the only group that has grown weary of so-called environmental activists — those who break the law and trespass to block new construction. A group of nuns in Saint-Pierre-de-Colombier in southern France has been trying to build a new facility that will seat 3,500 people (in a small town with 400 people) since 2018. So-called environmentalists have tried their best to block the project, claiming certain endangered species will be sacrificed in the process. Construction of the project recently restarted, so enviros tried trespassing on the property to block construction. One enviro-jerk tried it, and he got tackled (yes, tackled) to the ground by a nun!
According to analysis from Enverus Intelligence, in the first nine months of 2023, U.S. LNG developers signed 14 long-term sales and purchase agreements totaling 19.65 mtpa (million tonnes per annum). That pace is far slower than in 2022 when Russia invaded Ukraine and set off a mass scramble by Europe to secure natgas supplies anywhere they could. One of the big beneficiaries of that scramble was the U.S. with our LNG exports. This year (so far), things have slowed down with new contracts…considerably.
New shale permits issued for Oct 9 – 15 in the Marcellus/Utica gyrated once again, dropping to about half from the previous week. There were 14 new permits issued last week, versus 23 the week before. Last week’s permit tally included 12 new permits in Pennsylvania, no new permits in Ohio, and 2 new permits in West Virginia. EQT was the top permittee for the week, drawing 6 permits in Greene County, PA. PA General Energy was second with 4 permits in Lycoming County.
MARCELLUS/UTICA REGION: Chesapeake Utilities building $80M LNG storage in MD; NATIONAL: Shifting natgas and power market fundamentals driving storage values; Climate group spending $80M to tout Biden’s enviro record; INTERNATIONAL: The tyranny of ESG has run its course; Disciplined oil & gas companies successful in winning back investors.