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  • Baker Hughes | Energy Services | Industrywide Issues | Ohio | Pennsylvania | Research | Statewide OH | Statewide PA | Statewide WV | West Virginia

    Pennsylvania Dropped 3 Rigs Last Week, Lowest Count in 2.5 Years

    September 3, 2024September 3, 2024

    The big news (for us) with the weekly Baker Hughes rig count is that last week, Pennsylvania laid down its use of three active drilling rigs, resulting in the lowest rig count in the state in 2 1/2 years. PA now operates 18 active rigs, down from 21 the week prior. The last time PA operated only 18 rigs was, according to our records, in November 2021. Fortunately, West Virginia picked up one of those rigs and improved its count from five to six. Ohio remained the same with nine active rigs. So, the Marcellus/Utica, in total, went from 35 active rigs two weeks ago to 33 active rigs last week. The national rig count (for both oil and gas rigs) dropped by two, now with 583 active rigs. Read More “Pennsylvania Dropped 3 Rigs Last Week, Lowest Count in 2.5 Years”

  • Hydrogen | Industrywide Issues | Mason County | Regulation | West Virginia

    WV Chips in $10M to Attract $125M Hydrogen Project to Mason County

    September 3, 2024September 3, 2024
    Mason County, WV

    Last Friday, the West Virginia Economic Development Authority (EDA) approved spending up to $10 million in an economic incentive package for a project that Babcock & Wilcox (B&W) has proposed. B&W plans to invest $125 million in WV’s Mason County to build a hydrogen production facility. One of the inputs (feedstock) for the facility will be natural gas. Another is coal. The EDA said the project could potentially expand into a $1 billion investment employing 200 people. Exciting stuff! Read More “WV Chips in $10M to Attract $125M Hydrogen Project to Mason County”

  • CNG/LNG | Energy Services | Industrywide Issues | Lackawanna County | Pennsylvania | UGI Energy Services

    UGI Seeks to Store LNG in Trailers in Scranton Suburb During Winter

    September 3, 2024September 3, 2024

    UGI, a diversified energy company with midstream (pipeline) operations in the Marcellus and one of PA’s largest utility companies, wants to store trailers of LNG in the parking lot of a storage facility near Scranton, PA, and is seeking a zoning variance to do so. UGI needs extra supplies of natural gas to inject into its utility system during peak periods in the winter months. The company says it will be a temporary situation. Read More “UGI Seeks to Store LNG in Trailers in Scranton Suburb During Winter”

  • Cambria County | Energy Services | Industrywide Issues | Pennsylvania | Supply Chain

    Steel Nation Founder Promotes Marcellus Shale at Trump Rally in PA

    September 3, 2024September 9, 2024

    Last Friday, former President Donald J. Trump held a rally in Johnstown (Cambria County), PA, in the southwestern part of the state. A key focus of the meeting was energy and Trump’s support of PA energy versus Kamala Harris’ position of being against fracking (contrary to her recent flip-flop on the issue). During the rally, Mark Caskey, founder of Steel Nation (builds many of the compress plants and other buildings for the Marcellus Shale industry), addressed the crowd, promoting the Marcellus and knocking Harris’ fracking flip-flop. Trump was so impressed he called Mark back to the stage. UPDATE: We have videos of Mark’s two speeches at the Johnstown Trump rally. Watch them below. Read More “Steel Nation Founder Promotes Marcellus Shale at Trump Rally in PA”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Statewide PA

    PA Climate Zealots Spit and Sputter Over Harris’ Fracking Flip-Flop

    September 3, 2024September 3, 2024

    By now, you’ve read here on MDN and likely heard via mainstream news that Kamala Harris claims she’s had a change of heart and won’t (if she’s elected president, God perish the thought) ban fracking. How magnanimous of her. Praise Kamala. We don’t believe her for a New York minute, and neither should you. However, her recent remarks in attempting to rewrite history that she never did want to ban fracking (liar!) and that she won’t now is not sitting well with climate zealots in Pennsylvania. People like THE Delaware Riverkeeper and the co-founder of the Better Path Coalition. Read More “PA Climate Zealots Spit and Sputter Over Harris’ Fracking Flip-Flop”

  • Carbon Capture | ESG | Industrywide Issues

    Carbon Credit Scam Alert: One-Third of All Credits Fail Standard

    September 3, 2024September 3, 2024

    In August 2023, MDN told you about a Cambridge University study published in the journal Science exposing the sale of carbon credits as a scam (see Cambridge Study Finds Carbon Offsets Using Trees is a Scam). With the carbon credit scam exposed, big companies like Shell, Nestle, and Gucci exited the market, refusing to spend money on pretend solutions to global warming (see With Carbon Credits Scam Exposed, Big Names (Like Shell) Exit Market). Now comes more bad news for the carbon credit market: The Integrity Council for the Voluntary Carbon Market (ICVCM) said eight renewable power methodologies, which cover around 236 million unretired or unused carbon credits making up 32% of the market, had failed to meet the requirements of its standard on additionality grounds. Read More “Carbon Credit Scam Alert: One-Third of All Credits Fail Standard”

  • Best of the Rest

    Other Stories of Interest: Tue, Sep 3, 2024

    September 3, 2024September 3, 2024

    MARCELLUS/UTICA REGION: Hope Gas celebrates ‘Hope’ 24-months after acquisition; OTHER U.S. REGIONS: Data centers face seven-year wait for Dominion power hookups; NATIONAL: Why this Democrat decided Donald Trump is the best choice for president; INTERNATIONAL: OPEC+ likely to proceed with planned output hike from October; Oil fell sharply on expected OPEC+ output increase; BP stock trails Shell as investors turn away from green energy; USA Centcom says Houthis attacked 2 oil tankers. Read More “Other Stories of Interest: Tue, Sep 3, 2024”

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