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Marcellus Drilling News
  • Forced Pooling | Industrywide Issues | Lease & Royalty Payments | Ohio | Research | Statewide OH

    Binghamton Univ. Study Says Drillers Bully Landowners to Sign Leases

    August 21, 2024August 21, 2024

    A study led by Binghamton University and the University of Nevada, Las Vegas (UNLV) claims it has uncovered that energy companies pressure landowners into allowing hydraulic fracturing (fracking) on their properties, “often resorting to persistent and personalized tactics.” In other words, those nasty frackers bully poor landowners into signing leases. We have no doubt there are landmen who twist arms a little too tightly, but this study has a few flaws in our humble opinion. Read More “Binghamton Univ. Study Says Drillers Bully Landowners to Sign Leases”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | Litigation | New York | Yates County

    Upstate NY Bitcoin Miner Sues DEC to Keep Plant Operating

    August 21, 2024August 21, 2024

    New York State has become the North Korea of the United States. It is narrow and parochial and devoid of freedom. If you operate a business in New York and you are not in a protected or favored class, or if your business does not bribe someone in the Democrat Party, you are in danger of losing that business. New York is aggressively hostile to any business remotely connected to fossil fuels. A “bitcoin miner” operating in beautiful Upstate NY, near the shore of Seneca Lake, uses a clean-burning (very small) natural gas power plant to power its 15,300 computer servers. The radical Democrats running the state, including Gov. Kathy Hochul, want it shut down and gone. Last October, NY antis were close to achieving their objective. But what’s this? The bitcoin miner is hanging tough and challenging the state in court. The facility is still online!
    Read More “Upstate NY Bitcoin Miner Sues DEC to Keep Plant Operating”

  • Electrical Generation | Industrywide Issues | Regulation

    Georgia PSC Approves 3 New Gas-Fired Power Plants Near Atlanta

    August 21, 2024August 21, 2024

    Yesterday, the Georgia Public Service Commission voted 5-0 to approve Georgia Power Co.’s plan to expand an existing power plant, called Plant Yates, by installing three new gas-fired units. Plant Yates is located on approximately 2,400 acres on the east bank of the Chattahoochee River in Coweta County, Georgia, southwest of Atlanta. Plant Yates originally operated seven coal-fired steam-generating units. Five of the units were retired in 2015 and the two largest units were converted from coal to natural gas and currently operate as a natural gas electric generation plant. Read More “Georgia PSC Approves 3 New Gas-Fired Power Plants Near Atlanta”

  • Electrical Generation | Industrywide Issues | Kentucky

    Gas Peaker Planned for Madisonville, KY to Aid Unreliable Renewables

    August 21, 2024August 21, 2024

    We have news of a second southern gas-fired power plant to share today. This one is tiny, a 75-megawatt peaker plant in Madisonville, Kentucky. The Kentucky Municipal Energy Agency (KYMEA) and the City of Madisonville recently announced the development of the KYMEA Energy Center I, a natural gas electric generating facility. The new facility, with four reciprocating internal combustion engine (RICE) generators, will be able to start up at a moment’s notice. The raison d’etre for the facility? To supplement unreliable renewable energy that can’t meet sudden increases in demand for electricity. Read More “Gas Peaker Planned for Madisonville, KY to Aid Unreliable Renewables”

  • Electrical Generation | Energy Companies | Energy Services | EQT Corp | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Transco | Williams

    Pipelines to the Rescue! Delivering M-U Gas to Va. & Carolinas

    August 21, 2024August 21, 2024

    Recently, we’ve told you about the coming demand for natural gas to generate electricity that data centers and artificial intelligence will need (see Big Midstream Companies Eye Data Center/AI Market for New Pipes). The left’s answer for increased power demand is to kill new data centers and ban AI (see Leftists Argue for Ban on AI Because It Uses Too Much Electricity). Here in the real world, more electricity will soon be needed in Virginia and the Carolinas for a plethora of new projects in the works. Two pipelines that flow Marcellus/Utica molecules are working hard to meet the need: Mountain Valley Pipeline (MVP), now owned by EQT, and Transco (Transcontinental Gas Pipe Line), owned by Williams. Read More “Pipelines to the Rescue! Delivering M-U Gas to Va. & Carolinas”

  • Commodity Price | Coterra Energy (Cabot O&G) | Energy Companies | EQT Corp | Industrywide Issues

    Low Prices Prompt “Fresh Cutbacks” in NatGas Production Says WSJ

    August 21, 2024August 21, 2024

    Despite one of the hottest summers on record, natural gas prices are in the crapper. The abysmal price situation is causing big drillers in the Marcellus/Utica, like EQT and Coterra, to cut back even further on natural gas production, according to an article in the Wall Street Journal. Coterra CEO Tom Jorden recently told investors that “gas markets are oversupplied,” and his company will trim production by an extra 325 MMcf/d (see Coterra 2Q – Trimming Another 325 MMcf/d of Marcellus Gas).
    Read More “Low Prices Prompt “Fresh Cutbacks” in NatGas Production Says WSJ”

  • Anti-Drilling/Fossil Fuel | Bucks County | Industrywide Issues | Litigation | Pennsylvania

    Bucks County, PA Lawsuit Against Big Oil Violated Transparency Law

    August 21, 2024August 21, 2024

    In March, we reported that two Democrats and one anti-drilling RINO who run Bucks County, PA government (a Philadelphia suburb) fell for the bait by Big Green and filed a lawsuit against Big Oil companies for supposedly, knowingly, causing the Earth to toast to a cinder (see Bucks County, PA, Sues Big Oil for Causing “Climate Change”). The lawsuit seemingly came out of nowhere. It was hatched secretly by green groups, including the Center for Climate Integrity (CCI) – a Rockefeller-funded D.C. activist group. There were no public meetings. No public input. No public announcements. It was completely hush-hush, with a total media blackout until the lawsuit was filed. The oil companies being sued have just asked the court to dismiss the lawsuit because the county violated Pennsylvania’s Sunshine Act, which requires such a measure to be discussed and voted on in a public meeting. Read More “Bucks County, PA Lawsuit Against Big Oil Violated Transparency Law”

  • Best of the Rest

    Other Stories of Interest: Wed, Aug 21, 2024

    August 21, 2024August 21, 2024

    OTHER U.S. REGIONS: Refrigeration wars in New York; NATIONAL: Anti-oil groups spend big to boost Harris campaign; Top Kamala surrogate says Green New Deal will happen under Harris; American natural gas is America’s clean energy standard; DOT proposes fee to review expensive LNG projects; INTERNATIONAL: Santos says natural gas demand will remain strong after 2050; Oil slips amid Gaza talks and demand outlook fears. Read More “Other Stories of Interest: Wed, Aug 21, 2024”

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