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28 New Shale Well Permits Issued for PA-OH-WV Dec 2 – 8

For the week of Dec 2 – 8, permits issued in the Marcellus/Utica bounced back nicely. There were 28 new permits issued last week, more than doubling the 12 issued the week before (and matching the 28 issued three weeks ago). The Keystone State (PA) issued 18 new permits, with eight going to EQT spread across three counties: Jefferson, Lycoming, and Washington. Chesapeake Energy (now Expand Energy) received four permits, all of them in northeastern PA’s Wyoming County. CNX Resource scooped up two permits, both in Westmoreland County. The final four permits were singles issued to Blackhill Energy (Bradford County), XPR Resources (Centre County), Inflection Energy (Lycoming County), and Olympus Energy (Allegheny County). Read More “28 New Shale Well Permits Issued for PA-OH-WV Dec 2 – 8”

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Northern Oil and Gas Investing $160M in Marcellus/Utica in 2025

Yesterday, Northern Oil and Gas, Inc. (NOG) announced it had entered a Joint Development Program with an unnamed Marcellus/Utica driller to invest $160 million in 2025 for new well drilling. In return, NOG will receive a 15% working interest (i.e., ownership) in the assets. NOG did not identify the driller but called it “one of Appalachia’s most capital efficient operators.” Read More “Northern Oil and Gas Investing $160M in Marcellus/Utica in 2025”

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Ohio Eminent Domain Grew to Include NGLs; Now Hydrogen & CO2?

We spotted an interesting article in the Steubenville, Ohio, Herald-Star newspaper that tackles the issue of using eminent domain in the state for various kinds of pipelines. It provides an excellent history of eminent domain used not only for oil and natural gas pipelines but also how the Mariner East pipeline project led to “expanding” eminent domain to include NGLs like ethane and butane. Now, a couple of new types of pipelines are being contemplated in the Buckeye State—hydrogen pipelines and carbon dioxide (CO2) pipelines. Will eminent domain laws expand again to include the new kids on the block? Read More “Ohio Eminent Domain Grew to Include NGLs; Now Hydrogen & CO2?”

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SRBC Approves 1 New, 3 Renewed Water Requests for Shale Drillers

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. Yesterday, the SRBC board approved 14 new (or renewed) water withdrawal requests within the basin, four for water used in drilling and fracking shale wells in Pennsylvania. Coterra Energy received two water request approvals, and Expand Energy (Chesapeake Energy & Southwestern Energy) received the other two. Read More “SRBC Approves 1 New, 3 Renewed Water Requests for Shale Drillers”

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Ohio U. Scores $1.5 Million DOE Grant to Study Produced Water

We’ve discussed shale wastewater, sometimes called brine or “produced water,” many times over the years. When drilling an oil or gas well deep in the earth, the hole releases naturally occurring water from the depths (far, far below the surface water table) for years after the well is drilled. The water coming out has a LOT of minerals, sometimes mildly radioactive, and is usually called either brine (meaning salty) or produced water. Traditionally, there are two ways to handle all of that water coming out of the ground: (1) recycle it and reuse it for more oil and gas drilling, or (2) pump it back down into the ground from whence it came via an injection well. Ohio University (in Athens, OH) has just won a grant from the U.S. Department of Energy to study how produced water can be cleaned up and used outside the oil and gas sector. Read More “Ohio U. Scores $1.5 Million DOE Grant to Study Produced Water”

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Henry Hub NatGas Spot Price Reached All-Time Lows in November

Earlier this week, the U.S. Energy Information Administration (EIA) issued its latest Short-Term Energy Outlook. As part of our coverage, we highlighted the news that the EIA is predicting natural gas prices this winter and for all of 2025 will be roughly 40% higher than the Henry Hub price for gas in November (see Dec. STEO Predicts 40% Higher NatGas Price for Winter 2024/25). Here is “the rest of the story.” Gas prices will be higher now and into 2025 because the Henry Hub spot price of natural gas in November hit record all-time lows (since 1997). No wonder the price will “soar” by 40% compared with November—it’s not a very high bar to exceed. In fact, the ten lowest Henry Hub spot prices for natural gas (since 1997) all happened in 2024, with four of those low prices happening in November. Read More “Henry Hub NatGas Spot Price Reached All-Time Lows in November”

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Plaquemines LNG Coming Online, Will Hose Customers for 2 Years

According to a Reuters report, Venture Global’s Plaquemines LNG export facility (Plaquemines Parish, Louisiana) could start to liquefy natural gas as early as today. It will mark the first new U.S. LNG export plant to come online in two years. The 20 million metric tons per annum (MTPA) export plant was set to draw over 100 million cubic feet (MMcf/d) of natural gas for the first time yesterday. When fully online, it will use 2.6 billion cubic feet per day (Bcf/d) of natural gas. We suspect some (much?) of the gas comes from the Marcellus/Utica as the plant has an interconnection with the Texas Eastern Transmission Company (TETCO) pipeline—a pipeline that flows M-U gas southwest. However, we’re not elated with the news of Plaquemines’ startup. Read More “Plaquemines LNG Coming Online, Will Hose Customers for 2 Years”

Other Stories of Interest: Fri, Dec 13, 2024

OTHER U.S. REGIONS: Eagle Mountain considers allowing nuclear reactors, natgas power plants in city; NATIONAL: U.S. natural gas futures gain on big inventory draw; No winners seen in Trump’s ‘hugely destructive’ energy tariffs; Investigation ties fashion to fracking in the USA; Trump’s choice to run Energy says fossil fuels are virtuous; ExxonMobil eyes data centre energy with carbon capture & natural gas; Five ways Trump could dismantle Biden’s climate agenda; INTERNATIONAL: Could China’s slowing diesel demand boost U.S. LNG as transportation fuel? Read More “Other Stories of Interest: Fri, Dec 13, 2024”