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Marcellus Drilling News
  • Energy Companies | Industrywide Issues | Lycoming County | Pennsylvania | Pennsylvania General Energy | Pipelines | Research

    PA DEP Issues Permits to Build Lycoming County Gathering Pipe

    October 1, 2024October 1, 2024

    Pennsylvania General Energy (PGE) wants to install a tiny 3.7-mile gathering pipeline in Lycoming County, PA, to connect several PGE wells to the Transco pipeline system, along with two 8-inch water pipelines of about the same length (see Lycoming County Gathering Pipe in the Crosshairs of Anti Groups). The Pennsylvania Dept. of Environmental Protection (DEP) held a virtual hearing in July so nutty antis could spout off against the project (see PA DEP to Host Virtual Hearing for Lycoming County Gathering Pipe). Good news: The DEP recently issued the permits to build the pipelines. Looks like all the spouting off was just that. Read More “PA DEP Issues Permits to Build Lycoming County Gathering Pipe”

  • Commodity Price | Energy Services | Industrywide Issues | Pipelines | Transco | Williams

    Completed Maintenance on Transco Pipe Leads to Lower Gas Prices

    October 1, 2024October 1, 2024

    While there are a number of interstate pipelines that crisscross the Marcellus/Utica, there is one pipeline system that is key to moving molecules out of our region to other markets, particularly in the southeast and the Gulf Coast: Transcontinental Gas Pipeline LLC (Transco), owned by Williams. Transco stretches from the Gulf Coast to New York City and was originally designed to flow gas produced in the Gulf northward. A number of years ago, Williams reversed the flow on Transco, and most of the time, it now flows M-U molecules southward to Maryland, North Carolina, South Carolina, Georgia, Alabama, and beyond. When sections of Transco undergo maintenance, flows are reduced, driving down spot prices for natgas sold by drillers to the pipeline but raising the price paid by customers on the other end of the pipeline. And when maintenance is done and flows return, it reverses. Read More “Completed Maintenance on Transco Pipe Leads to Lower Gas Prices”

  • CNG/LNG | Industrywide Issues

    PA-Based Air Products Sells LNG Tech Biz to Honeywell for $1.8B

    October 1, 2024October 1, 2024

    Air Products, headquartered in the Lehigh Valley area of Pennsylvania (Allentown area), once manufactured huge rocket-looking “production trains” or “heat exchangers,” which are pieces of equipment that turn natural gas into liquefied natural gas (LNG), in a plant in Wilkes-Barre, PA. The heat exchangers manufactured by Air Products in Wilkes-Barre were two-thirds of a football field long (180 feet) and used by plants all over the world to condense natural gas into a liquid. Air Products shut down the Wilkes-Barre plant in 2017 (see Air Products Closing Wilkes-Barre LNG Manufacturing Plant). However, Air Products kept operating a second LNG manufacturing plant in Port Manatee, Florida. Yesterday, the company announced that it had completed the process of selling its LNG technology manufacturing business, including the Port Manatee facility, to Honeywell for $1.8 billion. Read More “PA-Based Air Products Sells LNG Tech Biz to Honeywell for $1.8B”

  • CNG/LNG | Industrywide Issues

    Philly Shipyard Begins Work on 3 New LNG-Powered Containerships

    October 1, 2024October 1, 2024
    Aloha Class vessel Daniel K Inouye.

    Matson, Inc. yesterday announced the start of construction on the first of three new “Aloha Class” containerships designed for its Hawaii and China-Long Beach Express (CLX) services. After a small ceremony at Philly Shipyard in Pennsylvania, the cutting of steel plates began, initiating the work to build the ships for delivery to Matson in 2026 and 2027. All three will be dual-fuel powered, with LNG as one of the options. Plus, all three ships will be Jones Act compliant, meaning they can move goods between ports in the U.S. Read More “Philly Shipyard Begins Work on 3 New LNG-Powered Containerships”

  • Electrical Generation | Industrywide Issues | Litigation

    Grid Operators Join Lawsuit Against Biden EPA Gas-Fired Plant Reg

    October 1, 2024October 7, 2024

    The Bidenistas at the EPA attacked coal and gas-fired power plants in April, threatening to destabilize the existing electric power grid with new regulations (see EPA Rolls Out Final Regs Attacking Coal & Gas-Fired Power). Using 1,020 pages of new regulations, which will go into effect this year, all coal-fired plants that are slated to remain operational in the long term and all new gas-fired power plants will be required to control (capture) 90% of their carbon emissions using expensive and unproven technology. Translation: New gas-fired plants won’t get built, and most, if not all, coal plants will shutter, with the result that electricity will, by necessity, be rationed (see WSJ Calls Biden EPA Power Plant Regs a Plan to “Ration Electricity”). Four of the country’s top electric grid operators, including PJM (covering the M-U region), have filed a “friend of the court” (amicus) brief in a lawsuit to block the new regs. Read More “Grid Operators Join Lawsuit Against Biden EPA Gas-Fired Plant Reg”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Regulation

    If Democrats Ban Fracking, It Would Instantly Cause a Recession

    October 1, 2024October 1, 2024

    We spotted an article on the Rigzone website with the following headline: “What Would a USA Fracking Ban Mean for the Oil Price?” Our initial thought was, “A frack ban will never happen.” But we read the article and came across this comment by Matt Willer, Managing Director of Capital Markets at Phoenix Group Holdings: “Willer told Rigzone that, in his opinion, the likelihood of a U.S. fracking ban is less than 50 percent.” Whoa, wait just a darned minute! You mean IF The Cackler actually wins, there is a close-to-50% chance of a nationwide frack ban? That’s what Willer appears to be saying. If true, it’s alarming. It’s astonishing. And it’s all the more reason you must motivate everyone you know to vote for DJT. Read More “If Democrats Ban Fracking, It Would Instantly Cause a Recession”

  • Best of the Rest

    Other Stories of Interest: Tue, Oct 1, 2024

    October 1, 2024October 1, 2024

    OTHER U.S. REGIONS: Eversource Energy completes exit of offshore wind business; NATIONAL: Bidenistas accuse John Hess of colluding with OPEC; Government control of what you eat is on the menu if Kamala wins; Maryland court ruling threatens to shut down Gulf of Mexico production; INTERNATIONAL: Japan LNG lobby urges government to help negotiate better contracts; China extracts commercially viable natural gas from deeper shale formations. Read More “Other Stories of Interest: Tue, Oct 1, 2024”

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