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Marcellus Drilling News
  • Allegheny County | Energy Companies | Pennsylvania | Range Resources Corp

    Range Drilling 3 New Wells/Pads in Fawn Twp, Allegheny County, PA

    January 22, 2024January 22, 2024

    According to the Pittsburgh Tribune-Review, Range Resources, the first driller to sink a Marcellus well back in 2004, has applied for and received a conditional use application to build three well pads in Fawn Township in Allegheny County, PA. The township secretary says a road into the property is now being built. Construction of the well pads is not expected “until the weather breaks.”
    Read More “Range Drilling 3 New Wells/Pads in Fawn Twp, Allegheny County, PA”

  • Electrical Generation | Energy Services | Industrywide Issues | Kinder Morgan | Pipelines | Regulation | Tennessee Gas Pipeline

    FERC Approves 32-Mile Cumberland Pipeline to TVA TN Power Plant

    January 22, 2024January 22, 2024

    The Tennessee Valley Authority (TVA) is the sixth-largest power supplier and the largest public utility in the country. In 2021, MDN told you that TVA is spending over $1 billion to replace six coal-fired plants with natgas-fired turbines (see TVA Investing $1B to Build New Natgas-Fired Electric Plants). In late 2022, TVA recommended moving forward with replacing one of the six — a coal-fired plant located near Cumberland City — with a natural gas combined-cycle power plant (see TVA Recommends Replacing Cumberland Coal Plant w/Natural Gas). Last Thursday, the Federal Energy Regulatory Commission (FERC) issued a certificate of public convenience for Kinder Morgan’s Tennessee Gas Pipeline (TGP) subsidiary to build the Cumberland Project, a pipeline to feed the TVA’s proposed Cumberland gas-fired plant.
    Read More “FERC Approves 32-Mile Cumberland Pipeline to TVA TN Power Plant”

  • Butler County | Energy Companies | Industrywide Issues | Pennsylvania | Regulation | XTO

    XTO Begins to Plug 4 Shale Wells in Butler County Starting Today

    January 22, 2024January 24, 2024

    XTO Energy began to drill four shale wells in Prospect Borough, Butler County, PA, in 2019. At least one of the wells was drilled down to a depth of nearly 2,000 feet. At some point since that time, XTO decided not to finish the wells and filed a request to plug the wells. A Pennsylvania Dept. of Environmental Protection (DEP) inspector visited the well pad, the Coretsky well pad, in September of last year and issued a “failure to plug” notice of violation for the four wells (called the Patton wells). Although it took a few months, XTO said the equipment would be delivered last week and that, as of today (Monday), the process would begin to cap and plug the four abandoned wells.

    1/24/24 UPDATE: We have new information and context about these four wells. See below.
    Read More “XTO Begins to Plug 4 Shale Wells in Butler County Starting Today”

  • Commodity Price | Industrywide Issues

    NYMEX Price Took Another Beating Friday, Closed at $2.52/MMBtu

    January 22, 2024February 7, 2024

    Just one week ago, the price of natural gas, both the futures price and spot (physical) price, jumped — in some cases by four times in the space of just a couple of days (see NatGas Prices Make Huge Jump on Deep Freeze – Some M-U Prices 4X). And just as quickly as the price went high, it crashed again (see NatGas Prices Make Huge Drop on Prospect of Warmer Weather). Since then, the price action has been in the “wrong” (i.e., down) direction. Last week was a short week with the MLK Jr. holiday on Monday. Even so, the abbreviated week saw two weeks of gains wiped out, as the front-month NYMEX natural gas price for February delivery finished down -24% to $2.519/MMBtu, the largest one-week percentage decline since December 2021! However, there was some good news here in the M-U…
    Read More “NYMEX Price Took Another Beating Friday, Closed at $2.52/MMBtu”

  • Industrywide Issues | M&A | Pipelines

    Spire Connects Midwest Customers to M-U Molecules w/Pipe Deals

    January 22, 2024January 22, 2024

    Spire Inc. is the owner and operator of the Spire STL Pipeline, a 65-mile pipeline that connects to and flows Marcellus/Utica gas from the Rockies Express (REX) pipeline in Scott County, IL, to residents and businesses in the St. Louis, MO area. Spire STL has been up and running since 2019 (see Spire Pipeline Ready to Flow Marcellus/Utica Gas to St. Louis). Spire announced on Friday the company has completed its acquisition of MoGas Pipeline (MoGas), an interstate natural gas pipeline, and Omega Pipeline (Omega), a connected gas distribution system, from CorEnergy Infrastructure Trust, Inc.
    Read More “Spire Connects Midwest Customers to M-U Molecules w/Pipe Deals”

  • Baker Hughes | Energy Services | Industrywide Issues | Research

    Baker Hughes U.S. Rig Count Adds 1 @ 620, M-U Adds 2 @ 42

    January 22, 2024January 29, 2024

    The Baker Hughes rig count gained rigs for the first time in three weeks last week. The count went from 619 active rigs two weeks ago to 620 last week — up a single rig. Better than nothing! The Marcellus/Utica count gained two (both in Pennsylvania) to land at 42 active rigs overall. PA had 21 rigs, up from 19, while OH maintained 13 rigs, and WV maintained eight rigs.
    Read More “Baker Hughes U.S. Rig Count Adds 1 @ 620, M-U Adds 2 @ 42”

  • New York | Statewide NY

    NY Hospitality & Tourism Assoc. Partners with NH Co. for…NatGas?

    January 22, 2024January 22, 2024

    Here’s a story we found intriguing. Sprague Operating Resources LLC., the New Hampshire-based “leading provider of energy solutions and material handling services across the Northeast,” announced it has been designated as the Exclusive Energy Partner for the New York Tourism and Hospitality Association (NYSHTA) for the year 2024. As the Exclusive Energy Partner, Sprague will “supply tailored energy solutions” to meet the special needs of New York’s hotels, restaurants, tourist attractions, and other hospitality services. The number one energy source offered by Sprague is…natural gas!
    Read More “NY Hospitality & Tourism Assoc. Partners with NH Co. for…NatGas?”

  • Best of the Rest

    Other Stories of Interest: Mon, Jan 22, 2024

    January 22, 2024January 22, 2024

    INTERNATIONAL: US presses ahead with ‘least bad’ option in confronting Houthis; US rethinks gas exports, spooking Europe; 2023 – the year the renewables bubble burst; IMF head tells the little people to pipe down and get behind carbon tax.
    Read More “Other Stories of Interest: Mon, Jan 22, 2024”

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