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  • Ammonia | CNX Resources | Energy Companies | Hydrogen | Industrywide Issues | Mingo County | Taxation | West Virginia

    CNX Pulls Out of West Virginia Hydrogen Hub Ammonia Plant Project

    December 18, 2023December 18, 2023

    Friday afternoon, CNX Resources issued a press release to announce it is officially pulling out of the previously announced multi-billion-dollar clean ammonia manufacturing facility in southern West Virginia, part of the ARCH2 (Appalachian Regional Clean Hydrogen Hub) project. Adams Fork Energy, Haldor Topsoe, and CNX announced the project in April with much fanfare (see CNX to Provide NatGas for WV Hydrogen Hub Clean Ammonia Plant). CNX was supposed to provide natural gas to the plant, tentatively scheduled to begin construction in 2024 in Mingo County, WV. CNX said it was pulling out for two reasons…
    Read More “CNX Pulls Out of West Virginia Hydrogen Hub Ammonia Plant Project”

  • Industrywide Issues | Lease & Royalty Payments | Pennsylvania | Research | Statewide PA

    Negotiating Better O&G Contracts: Tips from 60K PA Shale Leases

    December 18, 2023December 18, 2023

    This is one of those little gems we delight in unearthing for MDN readers — especially for our landowner/rights owner readers. Researchers from the University of Rochester and the University of Pittsburgh assembled a dataset of lease deals used in the Pennsylvania Marcellus (some 60,000 of them!) and analyzed the leases for compensation and clauses that may protect landowner health and the enjoyment of their properties. The researchers used the data to produce three main findings…
    Read More “Negotiating Better O&G Contracts: Tips from 60K PA Shale Leases”

  • Industrywide Issues | Ohio | Pennsylvania | Research | Statewide OH | Statewide PA | Statewide WV | West Virginia

    Dead Cat Bounce Over: U.S. Rig Count Loses 3 @ 623, M-U Even @ 41

    December 18, 2023December 18, 2023

    The slight rise in the national rig count, with the count going up by one or two rigs a week over the past five weeks (what we call a “dead cat bounce”), is over. The Baker Hughes U.S. rig count lost ground again last week. The count went from 626 active rigs two weeks ago down to 623 last week. The Marcellus/Utica stayed even at 41 active rigs last week.
    Read More “Dead Cat Bounce Over: U.S. Rig Count Loses 3 @ 623, M-U Even @ 41”

  • Electrical Generation | Industrywide Issues | Regulation

    Biden Dept. of Agriculture Approves Wisconsin Gas-Fired Power Plant

    December 18, 2023December 18, 2023

    In September 2022, MDN told you about a relatively modest-sized gas-fired power plant planned for Superior, Wisconsin, called the Nemadji Trail Energy Center (see Midwest Elec Grid Roasted for Supporting New Gas-Fired Power Plant). As we pointed out in that post, the Midcontinent Independent System Operator (MISO) supports the project, which earned it scorn from climate cultists. The left is doing everything they can to stop the plant, including the Biden EPA. In November 2022, the EPA said a review of the project failed to take into account how much mythical global warming it would create (see Biden EPA Attacks, Blocks Work on Wisconsin Gas-Fired Power Plant). However, it appears the Biden Dept. of Agriculture didn’t get the memo from the EPA, issuing a finding of “no significant impact” to the environment from the project.
    Read More “Biden Dept. of Agriculture Approves Wisconsin Gas-Fired Power Plant”

  • ESG | Industrywide Issues | Regulation

    Will New Biden EPA Methane Rule Kill Responsible Gas Certifications?

    December 18, 2023December 18, 2023
    click for larger version

    EPA Administrator Michael Regan used a considerable amount of fossil energy and emitted billows of carbon dioxide to jet over to Dubai to participate in the COP28 confab where he released a final rule that was “two years in the making” to force the U.S. oil and gas industry to cut methane emissions by using budget-busting new technologies and onerous (frequent) inspections (see Bidenistas Unleash Hellscape of U.S. Methane Regs at COP28). Here’s a question: If the feds require every producer to phase out flaring, install new equipment, and meet new, aggressive standards for emissions monitoring and leak detection and repair, will there still be a need for entities like MiQ, Equitable Origin, and Project Canary (which together certify most M-U production) to score or assess the lower-emissions natural gas produced by E&Ps?
    Read More “Will New Biden EPA Methane Rule Kill Responsible Gas Certifications?”

  • Anti-Drilling/Fossil Fuel | ESG | Industrywide Issues

    Two Opposite Perspectives on COP28 “Phase-Out” of Fossil Fuels

    December 18, 2023December 18, 2023
    Do you see an old hag or a beautiful young woman?

    OPEC+ single-handedly changed the language in a final communique issued by the UN COP28 delegates that was supposed to call for the phase-out of fossil fuels worldwide (see Enemy of My Enemy – OPEC Successfully Blocks Anti-FF Text at COP28). Instead of using language about a “phase-out” of fossil fuels, the language was modified to say, “reducing both consumption and production of fossil fuels, in a just, orderly and equitable manner.” The reaction since the conclusion of the jet-setting affair has been interesting. Some see fossil energy’s coming (rapid) destruction in the agreed-to statement. Others read it and declare the planet will now burn to a cinder because fossil fuels are allowed to live on, at least for the foreseeable future. The same statement, two wildly different reactions.
    Read More “Two Opposite Perspectives on COP28 “Phase-Out” of Fossil Fuels”

  • Best of the Rest

    Other Stories of Interest: Mon, Dec 18, 2023

    December 18, 2023December 18, 2023

    MARCELLUS/UTICA REGION: Look at the evidence; OTHER U.S. REGIONS: Chevron slashes Calif. spending on ‘adversarial’ fossil fuel policies; NATIONAL: Biden govt sets only three fossil fuel leases for 2024–29; America was in a better position when Trump was president; Democrats revolt against Biden plan for expanded gas exports; INTERNATIONAL: US frackers return to haunt OPEC’s pricing strategy; SNB told to end fracking investment in petition signed by 60,000.
    Read More “Other Stories of Interest: Mon, Dec 18, 2023”

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