Search Results for: diesel rig

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Diesel Rig Drilling 10K-Ft Well on Cornell U Campus – No Protests

Quick! Where are Bob Howarth and Tony Ingraffea, current and retired (respectively) anti-drilling Cornell professors who hate fossil energy and everything to do with it–including drilling rigs? There’s a huge diesel rig set up on property owned by Cornell University in Planet Ithaca (Upstate New York), chewing away at a borehole that’s now two-thirds of…

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PA Drill Equipment Company Predicts Diesel Rigs Gone in 5 Years

For some time now MDN has written about Marcellus drillers who now use dual-fuel drilling rigs–rigs whose big engines are powered by a blend of diesel fuel and natural gas, with some drillers using 100% natural gas-powered engines (see this list of MDN stories). Three weeks ago, CONSOL Energy announced a first–they will use electric…

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Exxon Says Granholm is Crazy for Demanding Less Oil/Diesel Exports

In August, Jennifer Granholm, hands down the most incompetent Secretary of Energy ever to hold the office, sent a letter to seven major refinery companies threatening them that if they don’t scale back exports of gasoline, diesel, and other liquid petroleum products, Granholm will have old dementia Joe whip up an executive order slapping a…

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Coterra Makes $1.2B in 2Q, Pumps 2.8 Bcf/d NatGas, 3 Rigs in NEPA

Coterra Energy, formed last October when Cabot Oil & Gas merged with Cimarex Energy, issued its second quarter update yesterday. The company made $1.2 billion in profit last quarter, versus making just $30 million a year ago. Natural gas production in the Marcellus stayed pretty much even at 2.22 Bcf/d. The company generated over $1…

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Energy Sec Granholm Outright Lies in Meeting with Big Oil Cos.

Last Thursday U.S. Secretary of Energy Jennifer M. Granholm (not the brightest bulb in the pack) led an in-person meeting with CEOs and executives of seven major U.S. oil companies at the U.S. Dept. of Energy headquarters in Washington, D.C. Granholm kicked off the meeting by spouting the same lie the rest of the Biden…

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Quebec Pulls Trigger & Commits Energy Suicide – Bans All O&G Prod.

In the end, we didn’t think they would actually do it–but they did. The province of Quebec, Canada, with a huge supply of Utica Shale gas sitting beneath it, has just passed a new law outlawing all oil and natural gas production throughout the province. It is a breathtaking grab of totalitarian power. It’s also…

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Chesapeake 2Q: $439M Loss, $300M in Free Cash Flow, 7 Rigs Active

Two days ago Chesapeake Energy issued its second quarter 2021 update. Yesterday the company held a conference call with analysts to discuss financial and operational performance during 2Q. As you can imagine, most of the talk was about a surprise announcement (from yesterday) that Chesapeake is buying Haynesville driller Vine Energy for $2.2 billion (see…

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Feds Waive Jones Act for Gas & Diesel Shipments…but Not LNG

The Jones Act prevents LNG from being transported from one U.S. port (like Cove Point, Maryland and Elba Island, Georgia) to other U.S. ports (like Boston and New York) because there are no built-in-the-USA LNG carriers, a requirement under the 1920 Jones Act. When New England runs low on natural gas, they must import the…

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Nuverra 2020: Revenue Down 34%, M-U Rig Count Down 27%

Nuverra Environmental Solutions (formerly Heckmann) is one of the largest companies in the United States that handles transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling. The company has major operations in the Marcellus/Utica region. In November, the company reported less-than-rosy results for the third quarter, because of the coronavirus…

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Northeast Energy Management Goes Bankrupt; Auctioning Rigs, Assets

It’s always sad when we have to report that a Marcellus/Utica-focused company goes out of existence. Northeast Energy Management, which operated under the name Northeast Energy with headquarters in Indiana, PA, claimed to be “a leader in tophole drilling in the Marcellus/Utica shale” and “a preferred contractor for many of the largest oil and natural…

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OH EPA Says Diesel Fuel Found in Rover 2M Gal Drilling Mud Spill

Rover is Energy Transfer’s $3.7 billion, 711-mile Marcellus/Utica natural gas pipeline that will run from PA, WV and eastern OH through OH into Michigan and eventually into Canada. On April 13, Rover workers experienced an “inadvertent return” of “horizontal directional drilling fluid”. That is, they sprung a leak and spilled nearly 2 million gallons of…

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EIP Uses False Data to Smear Frackers, Inflated Claims of Diesel Use

The anti-drilling Environmental Integrity Project (EIP) is having a little integrity issue of their own. EIP issued a false report on Wednesday that purports to “out” drilling companies that have, or continue, to use diesel fuel in their fracking fluids. It might make for interesting reading except 80% of the data used in the report…

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Prometheus to Supply Antero Resources with LNG for Drilling Rigs

In April MDN told you that Antero Resources was the second Marcellus/Utica Shale driller that would convert its drilling rigs to run on 100% liquefied natural gas, or LNG (see Antero Res 2nd Marcellus Driller to Use 100% NatGas Rig Engines). Seems Antero now has a supplier that will deliver the LNG and the necessary equipment…

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Cabot O&G Uses Marcellus Shale Gas to Power Drilling Rigs

Cabot Oil & Gas has jumped on the natural gas-powered drilling rig bandwagon. Yesterday, Cabot announced they have begun using “field gas”–Marcellus Shale gas from the very wells they’re drilling–to help power the drilling rigs they’re using to drill for the gas. According to Cabot, this is the first time field gas has been used…

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OH Company Builds Units to Convert NatGas to Diesel

Ohio company Velocys, located in Plain City, just outside Columbus, has just opened for business and the impact for both the Utica and Marcellus Shale region could be huge. The company makes machines (based on 1920s technology from Germany) that convert natural gas into diesel fuel. Right now diesel is about 6 times more expensive…