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Marcellus Drilling News
  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Shapiro’s DEP Money-Back Guarantee for Permit Delays is Bogus

    November 15, 2023November 15, 2023

    Two weeks ago, Pennsylvania Gov. Josh Shapiro (liberal Democrat) launched, with much fanfare, PAyback.pa.gov, a new online money-back guarantee system that allows residents, businesses, charities, and schools to check their eligibility for a refund of their permit, license, or certification application fee and request a refund if they believe they are eligible. Shapiro promised individuals and businesses a money-back guarantee if the permits they applied for were not issued within the statutory time limits they were supposed to meet. We were hopeful that shale drillers would now have recourse to nudge the Dept. of Environmental Protection (DEP) into doing its job on time. Except it’s all a sham. It’s bogus.
    Read More “Shapiro’s DEP Money-Back Guarantee for Permit Delays is Bogus”

  • Economic Impact | Industrywide Issues | Jobs | Ohio | Research | Statewide OH

    Muskingum Watershed Generated $1B in Econ Impact from Utica Drilling

    November 15, 2023November 15, 2023

    For more than a decade, MDN has brought you stories about shale development on and under land controlled by the Muskingum Watershed Conservancy District (MWCD), an agency formed in 1933 to help control flooding and promote water conservation in the Muskingum River watershed area of Ohio, an area that covers 8,000 square miles (see our Muskingum Watershed stories here). Over the years, MWCD has leased tens of thousands of acres for Utica Shale drilling and cut deals to sell water to drillers for fracking. According to a new study from Cleveland State University, the MWCD’s aggressive leasing for Utica drilling has brought more than $1 billion in economic stimulus to the region. And not one penny is government (your) money! It’s all private money being injected into the Buckeye State.
    Read More “Muskingum Watershed Generated $1B in Econ Impact from Utica Drilling”

  • Anti-Drilling/Fossil Fuel | Enbridge | Energy Services | Industrywide Issues | New York | Pipelines | Statewide NY | Westchester County

    Big Green’s Small Protest Against Enbridge Project Maple in New York

    November 15, 2023November 15, 2023
    This map shows where Enbridge plans to expand gas pipeline capacity on the Algonquin pipeline. (click for larger version)

    The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. As we told you in September, Enbridge is currently conducting an open season to gauge interest in expanding Algonquin’s capacity to flow more gas into New England — mainly from the Marcellus/Utica — called Project Maple (see Enbridge Open Season to Expand Algonquin Pipe in New England). Yesterday a small group of global warming nutters rallied outside the now-shuttered Indian Point nuclear plant in Buchanan to protest Project Maple.
    Read More “Big Green’s Small Protest Against Enbridge Project Maple in New York”

  • Electrical Generation | Industrywide Issues | Research

    EIA Echoes NERC, FERC in Warning of Short Gas Supplies This Winter

    November 15, 2023November 15, 2023

    Yesterday, MDN brought you the news that the North American Electric Reliability Corp. (NERC) is sounding the alarm that more than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of electricity during extreme cold again this winter (see NERC: Half of U.S. Faces Elec Blackouts This Winter – Lack of NatGas). FERC is also chiming in with a warning about potential blackouts. Why? Lack of natural gas pipelines to help feed gas-fired power plants.
    Read More “EIA Echoes NERC, FERC in Warning of Short Gas Supplies This Winter”

  • CNG/LNG | Exporting | Industrywide Issues | Litigation

    5th Circuit Pulls Air Permit for Under-Construction Port Arthur LNG

    November 15, 2023November 15, 2023

    Earlier this year, Sempra Infrastructure, a subsidiary of Sempra, announced it had reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas (see Port Arthur LNG Pulls Trigger on FID, Tells Builder to Start Work). Sempra worked out all of the remaining financial aspects of the deal, including the sale of a non-controlling piece of the project to investment firm KKR and forming a joint venture with ConocoPhillips (see Sempra Sells 42% of $13B Port Arthur LNG Phase 1 to KKR). A key permit for the project, an air permit issued by Texas, was overturned yesterday by a federal appeals court.
    Read More “5th Circuit Pulls Air Permit for Under-Construction Port Arthur LNG”

  • Industrywide Issues | Regulation

    OneNexus Announces New “Insurance” Policy for Plugging O&G Wells

    November 15, 2023November 15, 2023

    An innovative financial solutions company based in Houston, TX, called OneNexus, just announced a new “insurance” plan for drillers called WellSecure that will pay out money to plug an old oil or gas well when it hits end-of-life. WellSecure is the only insured financial contract that provides long-term financial security for the purpose of funding oil and gas decommissioning liabilities. No more worrying about whether a company will have enough money to plug old wells. With WellSecure, the money is (literally) in the bank!
    Read More “OneNexus Announces New “Insurance” Policy for Plugging O&G Wells”

  • Industrywide Issues | Research

    Study Shows Real Cost to Fill Up EVs Equivalent to $17 / Gal.

    November 15, 2023November 15, 2023

    A new study from the Texas Public Policy Foundation finds that the actual hidden costs of fueling an electric vehicle, which some allege equates to $1.21 per gallon of gas, is more like $17 per gallon — all things considered. In a new paper recently published called “Overcharged Expectations: Unmasking the True Costs of Electric Vehicles” (full copy below), the study’s authors argue that while the direct cost of “fueling up” to an EV owner may appear low, the real costs and considerations add up to be significantly more. The wheels are beginning to fall off EV cars.
    Read More “Study Shows Real Cost to Fill Up EVs Equivalent to $17 / Gal.”

  • Best of the Rest

    Other Stories of Interest: Wed, Nov 15, 2023

    November 15, 2023November 15, 2023

    NATIONAL: U.S. just recorded highest oil production month in history; Midstream business strategies differ depending on corp structure; INTERNATIONAL: EU strikes deal to curb methane emissions in oil, gas supply; Geopolitical risks worst in 50 years, warns oil services boss.
    Read More “Other Stories of Interest: Wed, Nov 15, 2023”

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