Best of the Rest

MARCELLUS/UTICA REGION: When Chevron leaves the region, so will most of its charitable giving; PA DEP invites comments on Mariner East pipeline chapter 102/105 permit revisions; Special permit for LNG by rail foreshadows boon for U.S. small-scale liquefaction; Southwestern Energy: a misunderstood natural gas producer; OTHER U.S. REGIONS: FERC approves Driftwood LNG site preparation work; SandRidge CEO resigns as Icahn-backed board eyes spending plan; Primus Green Energy commissions FEED study for Texas natural gas-to-gasoline plant; NATIONAL: U.S. drops four natural gas rigs as oil count climbs; Shale slowdown takes economic toll; INTERNATIONAL: Global natural gas electricity is gaining on coal; U.N. climate talks end without meeting goals.
Read More “Shale Energy Stories of Interest: Mon, Dec 16, 2019”

MARCELLUS/UTICA REGION: Feds extend MVP’s reopened endangered species review by 60 days; Local students learn hands on about the oil and gas industry; OTHER U.S. REGIONS: Basic Energy selling lower 48 pressure pumping business as activity, pricing ‘remain difficult’; California regulators approve natural gas bans across state; NATIONAL: From a ‘big deal’ to no comment, here’s how ‘Exxon Knew’ activists reacted to losing the climate case they had championed; Chevron charge points to billions more in gas writedowns – analysts; New year may again bring coal to stockings of oil services companies but better times lay ahead; How global prices drive U.S. LNG cargo destinations; INTERNATIONAL: Mexico environment minister wants to prohibit fracking; Trump team wants to bring Zelensky to U.S. natural gas posts.
Read More “Shale Energy Stories of Interest: Fri, Dec 13, 2019”

MARCELLUS/UTICA REGION: Nine well permits issued by ODNR; NATIONAL: Continental Resources announces Harold Hamm is stepping up to Executive Chairman; NGI 2020: U.S. drilling ban on E&P radar ahead of 2020 election; Enverus forecasts “significant slowdown” in US gas output growth in 2020; Natural gas boom fizzles as a U.S. glut sinks profits; Chevron’s charge points to billions more in U.S. gas writedowns; The great electric car ‘zero emissions’ boondoggle; INTERNATIONAL: Creating the OPEC of natural gas.
Read More “Shale Energy Stories of Interest: Thu, Dec 12, 2019”

MARCELLUS/UTICA REGION: Massive holiday drive to help out families in need; Greenhouse gas law will cost local jobs; NATIONAL: Will U.S. shale oil roll over and play dead as OPEC wishes?; US EIA lowers Q1 Henry Hub spot gas price forecast by 11 cents to $2.62/MMBtu; Enbridge would consider further LNG export investment under right conditions; INTERNATIONAL: Defense bill deal includes tough sanctions against Russia’s newest gas pipeline to Europe.
Read More “Shale Energy Stories of Interest: Wed, Dec 11, 2019”

NATIONAL: Even shale veterans don’t buy the bullish production forecasts; Warm winter weather prompts lower natural gas price forecasts; INTERNATIONAL: Shale novice to head Argentina’s energy portfolio; Chinese firms offer to resell LNG cargoes due to weak demand.
Read More “Shale Energy Stories of Interest: Tue, Dec 10, 2019”

NATIONAL: U.S. oil and gas producers to slash spending for second straight year in 2020; U.S. oil drillers cut rigs for seventh consecutive week; How long-term contracts factor into U.S. LNG cargo destinations; INTERNATIONAL: OPEC left with limited options; Ending the Gulf Crisis: natural gas frames future Gulf relations.
Read More “Shale Energy Stories of Interest: Mon, Dec 9, 2019”

MARCELLUS/UTICA REGION: Future of oil and gas in Ohio Valley looks bright; NATIONAL: Analysis: US oil, gas rig count falls by 4 to 691, Permian totals slide; N. American shale primed for growth despite possible oil price declines; Gas lobby group goes on attack to halt move to ban new hook-ups; Natural gas outpaced renewable energy in reducing greenhouse gases; Moore’s Law misapplied (video); INTERNATIONAL: As Lopez Obrador focuses on oil, U.S. natural gas exports to Mexico soar; Europe was favored destination for US LNG in November amid activity ramp-up.
Read More “Shale Energy Stories of Interest: Fri, Dec 6, 2019”

MARCELLUS/UTICA REGION: PA EQB to consider regulations controlling methane emissions from existing oil & gas operations; Cracker plant workers, companies donate $40K to local charities; Center Township food pantry receives donation from pipeline company; Families to receive Toys for Tots; OTHER U.S. REGIONS: ExxonMobil moves Massachusetts AG’s “political” lawsuit to federal court; Rev. Jesse Jackson, activists push for natural gas pipeline to Pembroke Township; Colorado city extends moratorium on drilling permits; NATIONAL: Hedge funds pile into petroleum on rosier economic outlook; INTERNATIONAL: The world’s top 10 carbon dioxide emitters.
Read More “Shale Energy Stories of Interest: Thu, Dec 5, 2019”

OTHER U.S. REGIONS: Energy Transfer, Shell issue tender package for Lake Charles LNG project; NATIONAL: NRDC files 100th lawsuit against the Trump Administration; Basic Energy Services delisted from New York Stock Exchange; U.S. oil output growth slows: just how much is anyone’s guess.
Read More “Shale Energy Stories of Interest: Wed, Dec 4, 2019”

OTHER U.S. REGIONS: FERC inspects National Grid Rhode Island LNG project; NATIONAL: Senate confirms Dan Brouillette to lead Energy Department; Giant disconnect seen in lower 48 well completions, rig count; This U.S. shale giant is on the brink of collapse; Natural gas is one of few trades that hasn’t worked on Wall Street, down 50% in 12 months; Henry Hub winter natural gas prices hit record low; Is the market ready for 100-Bcf/d U.S. natural gas production?; INTERNATIONAL: Impeachment testimony describes Putin’s propaganda war on American fracking; China, Russia begin operation of ‘historic’ natural gas pipeline.
Read More “Shale Energy Stories of Interest: Tue, Dec 3, 2019”

MARCELLUS/UTICA REGION: Draft PA greenhouse gas emission inventory shows nearly 19% reduction between 2005-2016; Range Resources – over-levered, depressed, but making progress; NATIONAL: Reporter’s Notebook: Natural gas producers in sad state; 6 LNG investments to tap into; Why oil demand won’t follow coal’s death spiral; Why I’m thankful for the shale revolution; NYMEX January gas continues to fall on warmer weather forecasts; Natural gas and the electric power sector: the latest trends; INTERNATIONAL: Yamal LNG eclipses annual nameplate production; OPEC meeting may be moment of reckoning for these oil producers; Gas ‘indispensible’ in mitigating climate change; The natural gas nation every exporter is targeting.
Read More “Shale Energy Stories of Interest: Mon, Dec 2, 2019”

NATIONAL: Fluor Corp wins award for gas processing tech; ‘Deep electrification’ means more natural gas; Making history: U.S. exports more petroleum than it imports in September and October; INTERNATIONAL: Yamal LNG cargo heading to Portugal; Global LNG markets are circling the drain; Greta, go to China and protest about climate change to the world’s biggest emitter.
Read More “Shale Energy Stories of Interest: Wed, Nov 27, 2019”

MARCELLUS/UTICA REGION: Bulk of Cricket Valley protesters plead not guilty; OTHER U.S. REGIONS: Commonwealth LNG, Gunvor ink LNG marketing and supply deal; Federal government will give HART $4.3 million to buy new natural gas buses; NATIONAL: Supreme Court: Penn State climate change scientist’s lawsuit against National Review can continue; Luxury beliefs of the leisure class are at the heart of fractivism; Long-term LNG export contracts lift baseload-level demand for U.S. gas; INTERNATIONAL: ONGC ends Indian shale exploration, winds up grand project mid-way; How Russia-China gas pipeline changes energy calculus.
Read More “Shale Energy Stories of Interest: Tue, Nov 26, 2019”

MARCELLUS/UTICA REGION: Community assists Trehab with annual food drive; Cuomo’s posturing on Long Island natural gas crisis is a real jobs killer; OTHER U.S. REGIONS: FERC green-lights Annova LNG project; NATIONAL: Futures markets signal lower natural gas prices in most U.S. regions in early 2020; U.S. Silica to lay off about 10% of total workforce; Chevron CEO plans major cost-cutting overhaul of production teams; E&P profits, cash flow slip again, but cost controls keep industry in the black; NYC faces tough 2nd Circ. in sweeping big oil climate case; INTERNATIONAL: Natural gas emerging as the world’s go-to fuel; Forget OPEC: China now moves the oil markets.
Read More “Shale Energy Stories of Interest: Mon, Nov 25, 2019”

OTHER U.S. REGIONS: FERC approves three LNG export projects, additional liquefaction train in South Texas; Restaurant group sues over Berkeley’s natural gas ban; NATIONAL: Fracking Ban?! (video); US oil, gas rig count up 1 ahead of holiday season start; Harold Hamm: Private equity’s rush to get into shale development helped push oversupply issues; Gas prices languish as storage falls to near-record lows; Fossil fuels create jobs so why do Democrats hate them?; US agencies to push LNG by rail in 2020.
Read More “Shale Energy Stories of Interest: Fri, Nov 22, 2019”

MARCELLUS/UTICA REGION: New York natural gas utilities facing credit risks because of Cuomo; Single permit for Utica drilling awarded by ODNR; OTHER U.S. REGIONS: Governor Newsom adds new oil and natural gas extraction regulations in Cali; In a first for Massachusetts, Brookline votes to ban oil and gas pipes in new buildings; NATIONAL: ExxonMobil lambasts Massachusetts, New York Attorneys General for “unconstitutional conduct”; Oil & gas industry turns to AI for billions in savings; INTERNATIONAL: Russia’s Putin says shale oil technologies are ‘barbaric’.
Read More “Shale Energy Stories of Interest: Thu, Nov 21, 2019”