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Marcellus Drilling News
  • Ascent Resources | Beaver County | Encino Energy | Energy Companies | EQT Corp | Greene County (PA) | Guernsey County | Jefferson County (OH) | Ohio | Pennsylvania | Range Resources Corp | Washington County | Weekly Permits

    26 New Shale Well Permits Issued for PA-OH-WV Aug 5 – 11

    August 16, 2024August 16, 2024

    For the week of August 5 – 11, a total of 26 permits were issued to drill new shale wells in Marcellus/Utica, with the vast majority issued in Pennsylvania. The Keystone State had 21 new permits, with an eye-popping 19 going to EQT split between Greene and Washington counties (in the southwestern part of the state), and two issued to Range Resources in Beaver County. Ohio issued five new permits last week, with four going to Ascent Resources in Jefferson County and one to Encino Energy (EAP) in Guernsey County. West Virginia’s online data service is currently out of order, and there is no ETA for when it will be fixed, so we have no permits to report for the Mountain State. Read More “26 New Shale Well Permits Issued for PA-OH-WV Aug 5 – 11”

  • Energy Services | Industrywide Issues | M&A | Pipelines | TC Energy/TransCanada

    New England Pipe Company PNGTS Now a BlackRock Puppet

    August 16, 2024August 16, 2024

    The 295-mile Portland Natural Gas Transmission System (PNGTS) spans New England from the Canadian border to pipeline connections in New Hampshire, Maine, and Massachusetts. The system began operations in 1999 and is located between three major pipeline networks originating in Canada and the U.S. TC Energy owns 61.7% of PNGTS. The remaining 38.3 percent is owned by Northern New England Investment Company. At least until yesterday, when PNGTS was spun off into its own standalone company, now owned by the evil BlackRock. Read More “New England Pipe Company PNGTS Now a BlackRock Puppet”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA DEP Hosting 3 Info Sessions on Scoring Bidenbucks to Plug Wells

    August 16, 2024August 16, 2024

    With the presidential election only 80 days from now, the money coming from Washington, D.C. to swing states like Pennsylvania is flowing like a river, as we told you yesterday (see Convenient Timing: Biden-Harris Promise Pa. Another $152 Million). The orders have gone out to get this money (or rather, the promise of this money) out there asap. Gotta hang that big old carrot out there. PA Gov. Josh Shapiro snapped a sharp salute and said, “Yes, ma’am.” The PA Dept. of Environmental Protection (DEP) will run three information sessions the week after next on the Orphan Conventional Oil & Gas Well Plugging Grant Program and how companies can grab their bribe piece of the action.
    Read More “PA DEP Hosting 3 Info Sessions on Scoring Bidenbucks to Plug Wells”

  • Allegheny County | Industrywide Issues | Pennsylvania | Regulation

    Indiana Twp PA Denies Request to Rezone for New Gas Wells

    August 16, 2024August 16, 2024

    At a packed meeting in May, the Indiana Township (Allegheny County, PA) Planning Commission voted unanimously (4-0) to delay a decision on rezoning a 59-acre parcel along Route 910 from office/commercial to light industrial — which would allow gas drilling on the site (see Indiana Twp, PA, Postpones Rezoning to Allow Drilling Near Rt. 910). The 60-day period came and went. At Wednesday night’s board of supervisors meeting, the board voted 4-1 to undemocratically deny holding a public hearing on the proposal, effectively killing it. Read More “Indiana Twp PA Denies Request to Rezone for New Gas Wells”

  • BKV/Banpu | Carbon Capture | Energy Companies | ESG | Industrywide Issues

    Thailand’s Banpu Lays Out Net Zero Path for U.S. Subsidiary BKV

    August 16, 2024August 16, 2024

    Over the past seven-plus years, BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu (96% owned by Banpu, Thailand’s largest coal mining company), has become one of the top 20 gas-weighted natural gas producers in the U.S. BKV originally entered the American shale sector by investing $500 million in 2016-2017 to buy existing Marcellus wells and acreage in northeast Pennsylvania. Then the company went wandering into other shale plays, including the Barnett (see Banpu Expands Again – Buys Exxon’s Texas Barnett Assets). In addition to shale drilling, BKV purchased gas-fired power plants in Texas and is now working on a carbon capture project in the Lone Star State (see Bumpy Financial Road for BKV – Company Bets on Carbon Capture). In a media briefing yesterday, Banpu’s new CEO, Sinon Vongkusolkit, discussed his company’s efforts and investment in technology to help reduce carbon dioxide emissions.
    Read More “Thailand’s Banpu Lays Out Net Zero Path for U.S. Subsidiary BKV”

  • Industrywide Issues | Research

    O&G Group’s Annual Report Shows Production Up, Emissions Down

    August 16, 2024August 16, 2024

    America’s natural gas and oil industry announced “a landmark partnership” in late 2017 called The Environmental Partnership to “accelerate improvements to environmental performance in operations across the country” for lowering methane emissions (see NatGas, Oil Industry Partnership to Accelerate Methane Reductions). The group, which includes most Marcellus/Utica drillers and pipeline companies, just released its sixth annual report (below) demonstrating that the U.S. oil and natural gas industry’s actions in reducing methane emissions are working. The O&G industry’s methane emissions dropped 37% across all U.S. onshore production regions between 2015 and 2022, even as oil and natural gas production hit record highs each year.
    Read More “O&G Group’s Annual Report Shows Production Up, Emissions Down”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Harris Surrounds Herself with Anti-Fracking, Far-Left Advisors

    August 16, 2024August 16, 2024
    Kamala “The Cackler” Harris

    The Cackler (Kamala Harris) will be in North Carolina today, delivering a speech on her economic views and how she plans to fix the economic mess her administration has made over the past four years. She and her obedient mainstream media lapdogs will try to convince you she has changed. She now loves lower taxes, wants to fight crime, limit illegal immigration, etc. With fracking, she now loves it or at least will tolerate it, even though she has ALWAYS advocated for a full-on ban of fracking across the entire country. One of The Cackler’s policies she will announce today will be to advocate for an anti-capitalist takeover by the government of prices for everything from gas to groceries. Price controls have NEVER worked, not once. Yet she will advocate for it today, and the media will try to convince dull viewers that it’s the best thing since sliced bread. How do we know she’s lying about fracking and other energy issues? Look at who is in her inner circle of economic advisers. Read More “Harris Surrounds Herself with Anti-Fracking, Far-Left Advisors”

  • Best of the Rest

    Other Stories of Interest: Fri, Aug 16, 2024

    August 16, 2024August 16, 2024

    MARCELLUS/UTICA REGION: Clinton County is business friendly, oil-gas company says; Second phase of Wyalusing natgas pipeline project underway; MSC members support Debby relief efforts; OTHER U.S. REGIONS: Richlands receives $2 million to build natural gas-fired turbine and generator; Texas comptroller adds NatWest to list of energy boycotters; NATIONAL: J.D. Vance on tax-exempt foundations behind green energy; U.S. LNG ambitions shaken by regulatory setback; INTERNATIONAL: Oil ends two day drop on Middle East tensions; The real story of the Nord Stream pipeline sabotage. Read More “Other Stories of Interest: Fri, Aug 16, 2024”

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