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15 New Shale Well Permits Issued for PA-OH-WV Sep 9 – 15

There were 15 permits issued to drill new shale wells in Marcellus/Utica for the week of Sept. 9 – 15, up one from the previous week. The Keystone State (PA) had six new permits, and all six went to EQT for a single well pad in Greene County. The Buckeye State (OH) had nine new permits. The top recipient in OH was Southwestern Energy, which received six permits for Monroe County. Ascent Resources had two permits in Harrison County, and INR (Infinity Natural Resources) had a single new permit issued for Guernsey County. The Mountain State (WV) had a big, fat, zero new permits even though it’s been adding rigs like crazy! Read More “15 New Shale Well Permits Issued for PA-OH-WV Sep 9 – 15”

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FERC Chairman Says Court “Erred” in Vacating Transco REAE Cert

Willie Phillips

The D.C. Circuit Court of Appeals issued a decision in late July vacating (nullifying) the Federal Energy Regulatory Commission’s approval of Transco’s Regional Energy Access Expansion (REAE) project to bring gas from Pennsylvania to New Jersey and Maryland (see DC Circuit Libs Reverse FERC Approval of Transco Northeast Expansion). At a FERC open meeting yesterday, FERC Chairman Willie Phillips (a Democrat!) said, “I want to make clear that I think the court erred in vacating our authorization.” However, Phillips said that decision and one other will force FERC to rethink how it reviews gas infrastructure projects moving forward.
Read More “FERC Chairman Says Court “Erred” in Vacating Transco REAE Cert”

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Radicals Pressure Mass. Gov. Healey to Block Algonquin Pipe Project

The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d of natural gas through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. As we told you in September 2023, Enbridge conducted an open season to gauge interest in expanding Algonquin’s capacity to flow more gas into New England — mainly from the Marcellus/Utica — called Project Maple (see Enbridge Open Season to Expand Algonquin Pipe in New England). A coalition of “90 environmental organizations” (many of them one- or two-person operations) sent letters to the governors of the New England states and New York State in January demanding (they always demand) that the governors publicly oppose Project Maple (see Radicals DEMAND Northeast Governors Oppose Enbridge Pipe Project). That effort didn’t work because now 45 nutball “state and local elected officials” in Massachusetts are demanding Gov. Maura Healey deny any permits requested to build the project. Read More “Radicals Pressure Mass. Gov. Healey to Block Algonquin Pipe Project”

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Venture Global Thumbs Nose at Contracted Customers with New Ships

We have no words (but we’ll try). Venture Global’s Calcasieu Pass LNG export facility received Federal Energy Regulatory Commission (FERC) authorization to place the final three liquefaction blocks (7-9) into service in November 2023 (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for over two years!! However, the entire facility is not officially in commercial service, even though it has shipped over 200 cargoes. Venture Global claims it is still working out the kinks. And now it’s taking possession of two LNG cargo carriers (out of a total of nine planned) that it intends to use NOW to ship more LNG from CP to Germany (instead of selling to its contracted customers). How much longer will U.S. officials allow this mockery to continue? Read More “Venture Global Thumbs Nose at Contracted Customers with New Ships”

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NERC Worried About Having Enough NatGas Supplies THIS Winter

In a statement issued last week, the North American Electric Reliability Corporation (NERC) said it “remains concerned about maintaining sufficient natural gas supplies to address extreme winter conditions” for this upcoming winter heating season. In a “Statement on Criticality of Natural Gas this Winter” (full copy below), NERC noted that next month marks the one-year anniversary of the FERC/NERC/Regional Entity staff report on Winter Storm Elliott—a wide-area extreme cold event that affected states in the Eastern Interconnection from Georgia to Maine and from Nebraska to Pennsylvania. The primary cause of that almost-outage was, says NERC and the report, reduced production (freezeoffs) at Marcellus/Utica wells. Read More “NERC Worried About Having Enough NatGas Supplies THIS Winter”

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Net Zero Creates “Crippling” Energy Costs with No Enviro Benefit

Net-zero energy policies in the Pacific Northwest will produce staggering (“crippling”) costs to individuals and businesses without providing any meaningful environmental benefits, warns a monumental new research report from Discovery Institute’s Reasonable Energy program. “The effects on your monthly electric bill are going to absolutely devastating,” says economist and report author, Jonathan Lesser. “The average person is going to see their electric bill balloon 450% by 2050. Small business owners won’t escape, they’ll see their bills going from an average of $600 a month today to almost $4,000 in the next 25 years.” Read More “Net Zero Creates “Crippling” Energy Costs with No Enviro Benefit”

Other Stories of Interest: Fri, Sep 20, 2024

NATIONAL: USA EIA drops WTI oil price forecasts; Kerry says oil industry yet to prove carbon capture viable; Rystad estimates 400 additional LNG vessels needed; Activist organization tallies up cases, omits losses; US shale gas growing source of shipping, trucking fuel; Natural gas, LNG positioned to help address power demand, decarbonization; Chevron opts against US LNG plant investment in favour of direct gas sales; INTERNATIONAL: ING stops funding pure-play upstream firms. Read More “Other Stories of Interest: Fri, Sep 20, 2024”