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Marcellus Drilling News
  • Allegheny County | Pennsylvania

    PA DEP Emergency Plugs 2 Conventional Gas Wells in SWPA This Week

    February 6, 2024February 6, 2024
    Scott Township, Allegheny County

    Yesterday, both Pennsylvania Gov. Josh Shapiro’s office and the PA Dept. of Environmental Protection (DEP) issued the same press release (below) to announce the DEP has begun an emergency project to plug two leaking abandoned conventional natural gas wells in Scott Township, Allegheny County. A DEP-appointed contractor will begin plugging work today. The DEP is using emergency plugging funds even though the owner of both wells is known and, in fact, owns 268 wells in the region.
    Read More “PA DEP Emergency Plugs 2 Conventional Gas Wells in SWPA This Week”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA | Taxation

    PA Sen. Yaw Intros Bill to Kill RGGI Carbon Tax Once and For All

    February 6, 2024February 6, 2024

    Pennsylvania State Senator Gene Yaw recently announced the introduction of legislation to repeal the Regional Greenhouse Gas Initiative (RGGI) carbon tax enacted through an executive order by the Wolf Administration in 2019. RGGI, a multi-state compact, would increase electricity rates for PA consumers, cut energy and manufacturing jobs, and lead to the closure of Pennsylvania power plants. It would be an unmitigated disaster for the Marcellus industry. PA Republican Senators sued to block the measure and won in Commonwealth Court. Current Democrat Gov. Josh Shapiro then appealed the lawsuit to the PA Supreme Court, where it still sits (see PA Gov. Shapiro Proves He’s Radical Left – Appeals RGGI Decision). Yaw’s bill would make the Supreme Court case moot.
    Read More “PA Sen. Yaw Intros Bill to Kill RGGI Carbon Tax Once and For All”

  • Ascent Resources | Belmont County | Energy Companies | Harrison County | Industrywide Issues | Jefferson County (OH) | M&A | Monroe County | Northern Oil & Gas | Ohio

    NOG Closes on Deal for Ascent-Operated Utica Wells & Acreage

    February 6, 2024February 6, 2024

    Last November, Northern Oil and Gas, Inc. (NOG), a company that invests in non-operated oil and gas assets (they let others do the drilling), announced a deal to enter the Utica Shale (see NOG Invests in Utica Wells, Acreage Operated by Ascent Resources). The deal includes non-operated interests in Ohio’s Jefferson, Harrison, Belmont, and Monroe counties. Yesterday, NOG said it closed on the deal and now owns those assets.
    Read More “NOG Closes on Deal for Ascent-Operated Utica Wells & Acreage”

  • Columbia Pipeline Group | Energy Services | Kanawha County | TC Energy/TransCanada | West Virginia

    TC Energy Building New Regional HQ in Downtown Charleston, WV

    February 6, 2024February 6, 2024

    TC Energy, formerly TransCanada, is a huge pipeline company headquartered in Canada. TC owns and operates the Columbia Gas Transmission and Columbia Gulf Transmission pipeline systems in the Marcellus/Utica region. Yesterday, TC announced that it plans to move its regional headquarters from Kanawha City (a neighborhood in Charleston, WV) to downtown Charleston and build a new $60 million building in the process. TC said the existing 110,000-square-foot former CASCI building will be demolished and replaced with a new building, with construction expected to be complete in 2025 and employees moving in by 2026.
    Read More “TC Energy Building New Regional HQ in Downtown Charleston, WV”

  • Anti-Drilling/Fossil Fuel | CNG/LNG | Exporting | Industrywide Issues

    TikTok Activist Says He Advised White House on Biden’s LNG Pause

    February 6, 2024February 6, 2024
    Alex Haraus

    This doesn’t often happen, but we are speechless with this news. Fox News (and other media) is reporting that a key advisor to the White House on its plan to “pause” new LNG export approvals was a 24-year-old, know-nothing idiot who has a TikTok channel (TikTok is owned by the Chinese, by the way). He claims to be a “climate activist” and frequently posts short videos on TikTok about how Mom Earth is burning to a cinder because of fossil fuels. Yeah, he’s a kid who was brainwashed and has attracted a following of some 700,000 other know-nothing TikTok users. And that “qualifies” him to be an advisor to the White House. GOD HELP US.
    Read More “TikTok Activist Says He Advised White House on Biden’s LNG Pause”

  • CNG/LNG | Exporting | Industrywide Issues | Regulation

    Intense Pressure on Biden from All Sides to End LNG Approval Pause

    February 6, 2024February 6, 2024

    The pressure on Joe Biden to renounce his so-called pause on approving new LNG export projects is growing white-hot intense. On Friday, Jan. 26, Biden announced he has put “a temporary pause on pending decisions of Liquefied Natural Gas exports” (see White House Makes it Official – Biden Declares War on LNG Exports). The reason? The so-called “climate crisis” is “the existential threat of our time.” Which connotes that LNG is, at least in part, causing a climate crisis (a crisis that doesn’t exist). We’ve told you about the very real negative impacts of Biden’s LNG approval pause (see The True Impact of DOE’s Pause in LNG Export Licenses). We can tell you, the pressure is coming from everybody, those on the right and those on the left, for Biden to roll back the LNG pause.
    Read More “Intense Pressure on Biden from All Sides to End LNG Approval Pause”

  • CNG/LNG | Exporting | Industrywide Issues | Regulation

    Will FERC Ignore Biden’s “Pause” on New LNG Export Projects?

    February 6, 2024February 6, 2024

    There is a mountain of controversy over Biden’s pause on approving new LNG export permits to non-free-trade countries (see our story today, Intense Pressure on Biden from All Sides to End LNG Approval Pause). Even though the Dept. of Energy (DOE) has said it will not issue any new export permits for the next year for the 17 projects currently in the pipeline that have requested such permits (while it conducts a so-called review), the Federal Energy Regulatory Commission (FERC) will likely continue to work on those projects.
    Read More “Will FERC Ignore Biden’s “Pause” on New LNG Export Projects?”

  • Best of the Rest

    Other Stories of Interest: Tue, Feb 6, 2024

    February 6, 2024February 6, 2024

    MARCELLUS/UTICA REGION: Utica Shale Academy purchases building for $500K; NATIONAL: Two cry babies quit U.S. Export-Import Bank over fossil fuel plans; Buffett-backed Occidental CEO says oil shortage by 2025; An NGI primer for understanding the LNG export pause; Exploring the drivers of burgeoning upstream consolidation; INTERNATIONAL: Could the Red Sea remain a no go route for years?; Germany paves way for major expansion of gas power plants.
    Read More “Other Stories of Interest: Tue, Feb 6, 2024”

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