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  • Antero Resources | Ascent Resources | Beaver County | CNX Resources | Coterra Energy (Cabot O&G) | Energy Companies | Guernsey County | Lycoming County | Ohio | PennEnergy Resources | Pennsylvania | Pennsylvania General Energy | Seneca Resources | Susquehanna County | Tioga County (PA) | Tyler County | Weekly Permits | West Virginia | Westmoreland County

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

    December 20, 2024December 20, 2024

    For the week of Dec 9 – 15, permits issued in the Marcellus/Utica remained healthy. There were 22 new permits issued last week, down just a bit from the 28 issued the week before. The Keystone State (PA) issued 17 new permits, with the bulk of them, 11, going to a single driller, PennEnergy Resources, for a single pad in Beaver County. Seneca Resources scored three new permits in Tioga County. One permit each was issued to Pennsylvania General Energy (Lycoming County), Coterra Energy (Susquehanna County), and CNX Resources (Westmoreland County). Read More “22 New Shale Well Permits Issued for PA-OH-WV Dec 9 – 15”

  • Diversified Energy | Energy Companies | EQT Corp | Industrywide Issues | Kentucky | Litigation | Ohio | Pennsylvania | Statewide OH | Statewide PA | Statewide WV | Virginia | West Virginia

    Details for Surface Owners re Diversified Deal to Plug Wells

    December 20, 2024December 20, 2024

    In November, MDN told you that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see EQT, Diversified Settle WV Class Action Lawsuit re Old Wells). Diversified and EQT are ponying up $3.25 million each ($6.5 million total) with requirements for Diversified to plug more wells on an advanced schedule in West Virginia, Ohio, Pennsylvania, Kentucky, Virginia, and Tennessee. Who, exactly, is affected by this settlement? A new court-ordered website provides some answers. Read More “Details for Surface Owners re Diversified Deal to Plug Wells”

  • Allegheny County | Industrywide Issues | Pennsylvania | Wastewater

    Plum Boro to Hold Hearing on Proposed 2nd Injection Well

    December 20, 2024December 20, 2024

    Penneco Environmental Solutions wants to build a second wastewater injection well in Plum Borough (Allegheny County), PA, next to an existing injection well. Penneco’s first wastewater injection well in Plum finally opened for business in mid-2021, overcoming all sorts of smears, slanders, and lawsuits by the enviro-left (see Plum Boro Injection Well in SWPA Now Open for Business!). In September 2021, Penneco announced plans to build a second wastewater injection well in Plum, located next to the first one (see 2nd Shale Wastewater Injection Well Planned for Plum Boro in SWPA). In September 2023, the federal EPA issued a permit to Penneco for its proposed second wastewater injection well (see Federal EPA Approves 2nd Injection Well in Plum Borough, PA). The Plum Zoning Board followed suit and approved it. Then Big Green groups got involved using lawfare to block construction. Read More “Plum Boro to Hold Hearing on Proposed 2nd Injection Well”

  • Commodity Price | Industrywide Issues

    NYMEX NatGas Price Hits Highest Close in Almost 2 Years @ $3.58

    December 20, 2024December 20, 2024

    Just yesterday, we noted the recent run-up in the NYMEX futures price for natural gas (see NYMEX NatGas Price Rose 5% Last 2 Days – 4th Highest Price in 2024). The run-up continued with the NYMEX “front month” price closing at $3.5840, the highest closing price since Tuesday, Jan. 17, 2023—nearly two years! Hinds Howard, an analyst with CBRE Investment, said, “So, $3.50 natural gas, if it holds, would maybe encourage more development in the Haynesville and Marcellus, where rig activity has slowed in recent years on lower prices.” Which is why we closely watch the NYMEX price. The price of $3.50 seems to be an important psychological barrier. If we can blow by that (and stay there), more drilling and less curtailments will happen. Read More “NYMEX NatGas Price Hits Highest Close in Almost 2 Years @ $3.58”

  • Energy Services | Industrywide Issues | Kinder Morgan | Pipelines | Tennessee Gas Pipeline

    TGP Announces FID on New 206-Mile Mississippi Crossing Pipe Project

    December 20, 2024December 20, 2024

    We have news of a brand new greenfield pipeline project (a rarity these days) that has the potential to flow Marcellus/Utica molecules to the Southeastern U.S. Yesterday, Kinder Morgan’s mighty Tennessee Gas Pipeline (TGP) subsidiary announced a final investment decision (FID) to build the Mississippi Crossing Project (MSX Project) after securing long-term, binding transportation agreements with customers for all the capacity. The $1.4 billion project involves the construction of nearly 206 miles of 42-inch and 36-inch pipeline and two new compressor stations aimed at flowing 1.5 Bcf/d of natural gas. MSX will compete with another recently announced project, the Kosciusko Junction Pipeline Project from Boardwalk (see Boardwalk FID on Pipe to Carry M-U, Haynesville Gas to Southeast). Read More “TGP Announces FID on New 206-Mile Mississippi Crossing Pipe Project”

  • Chevron | CNG/LNG | Energy Companies | Energy Services | Energy Transfer Partners | Exporting | Industrywide Issues

    Energy Transfer’s Lake Charles LNG Still Alive – Deal w/Chevron

    December 20, 2024June 26, 2025

    Just as the pandemic began to unfold in early 2020, Shell pulled out of a 50/50 joint venture partnership with Energy Transfer (ET) to build a new LNG export facility in Lake Charles, Louisiana (see Shell Pulls Out of Lake Charles LNG Project, Energy Transfer Stays). Kind of a boneheaded move on Shell’s part, if you ask us. Since that time, ET has continued to build support for the project. ET still has not made a final investment decision (FID) to commit billions of dollars, but each year that goes by gets the company closer to an FID. Yesterday, ET announced a new customer for its LNG when/if the plant gets built: Chevron. Read More “Energy Transfer’s Lake Charles LNG Still Alive – Deal w/Chevron”

  • Best of the Rest

    Other Stories of Interest: Fri, Dec 20, 2024

    December 20, 2024December 20, 2024

    OTHER U.S. REGIONS: California gets federal clearance to ban new fossil fuel cars from 2035; NATIONAL: USA crude oil inventories drop WoW; Oil settles below $70 on stronger dollar; Barrasso says targeting gas exports act of a “bitter administration on its way out”; INTERNATIONAL: EU agrees to install up to 89 GW of offshore wind capacity by 2030; Trump says European Union must buy U.S. oil and gas in trade ultimatum. Read More “Other Stories of Interest: Fri, Dec 20, 2024”

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