EQT Donates $75,000 to WV Flood Relief Efforts
A few days ago MDN told you how proud we are of the Marcellus/Utica industry for stepping up the plate and donating money (and time) to assist flood victims in West Virginia (see NatGas Industry Steps Up with $350K to Help WV Flood Victims). Add another $75,000 to that number. EQT has just donated $50,000, and EQT’s Mountain Valley Pipeline subsidiary $25,000 to flood relief in WV…
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MDN previously chronicled an insidious effort being spearheaded by the odious New York State Attorney General Eric Schneiderman in an attempt to criminalize free speech by accusing Exxon Mobil of “knowing” man-made global warming is “true” but suppressing that knowledge (see
Are we seeing the beginning of a trend? Yesterday MDN told you that after saying they would only drill a single Marcellus well and were curtailing production in the northeast, Eclipse Resources had turned that around and decided to drill 10-12 new wells, complete 24 wells and open up the spigots to shut-in wells once again (see
Earlier this week MDN told you that Southwestern Energy, a major Marcellus/Utica driller, has cut deals with its banks and debholders to extend out the due date on loans coming due (see
Can a single petrochemical facility, like Shell’s proposed ethane cracker plant in Beaver County, “rebirth” all of Pennsylvania’s moribund manufacturing base? That would be a resounding “Yes!” according to Marcellus Shale Coalition president Dave Spigelmyer and Pennsylvania Manufacturers’ Association president Dave Taylor. Writing a column in the Harrisburg Patriot-News, the two Daves make the case for just how big a hairy deal the coming Shell cracker in PA really is…
Yesterday Eclipse Resources, a Marcellus/Utica pure play driller headquartered in State College, PA (but drilling mostly in Ohio) released a mid-year update on its drilling program. It’s good news, for a change! Earlier this year Eclipse said they would drill only one new well and that they were curtailing, or shutting in, production from some of their wells (see 
There was lots of cracker talk at the first Northeast U.S. & Canada Petrochemical Construction Conference & Exhibition in Pittsburgh yesterday. According to NGI’s ace reporter for Shale Daily, Jamison Cocklin, excitement over the Shell cracker announcement from a few weeks ago was “palpable” at yesterday’s event. There was plenty of talk about the Shell cracker–but the talk coming from the event that interests MDN is talk about both the PTT Global Chemical cracker planned for Ohio, AND the Braskem cracker planned for West Virginia. These other two world class cracker plants (similar in size and scope to Shell’s project) “remain on track.” Now that is news!…
In May MDN told you that the Penn Township (in Westmoreland County, PA) zoning board voted to refuse to grant a permit to Apex Energy to build a DEP-permitted well pad in the town (see
Rex Energy Corporation, one of our favorite smaller Marcellus/Utica drillers, issued an update on their Marcellus drilling program on Tuesday. You may recall that just last week Rex announced they were selling off the rest of their non-Marcellus acreage to become a pure play driller (see
Ultra Petroleum, based in Houston, TX, is an independent exploration and production (E&P) company mainly focused on drilling in the Green River Basin of Wyoming. Ultra also drills for oil in the Uinta Basin/Three Rivers area in Utah. In addition, Ultra maintains a position in the Pennsylvania Marcellus shale with leases on 184,000 gross (91,000 net) acres–no small amount. They aren’t currently drilling on their Marcellus acreage, but if prices change, they likely would. That is, if they make it through bankruptcy. At the end of April Ultra filed for Chapter 11 bankruptcy (see
Last December Pennsylvania’s felony-indicted Attorney General, Kathleen Kane, brought a lawsuit against Chesapeake Energy, Anadarko and Williams accusing them of, among other things, royalty fraud (see
Shell has long mystified us when it comes to shale. Shell has been involved in the Marcellus Shale for years with its SWEPI (Shell Western E&P) division–at one time with 900,000 acres under lease. But in 2014 Shell took an ax to its Marcellus drilling program (see
Rice Energy and farmers in rural Belmont County, OH have a great relationship. You can tell by the way each talks about the other. Farmers love Rice because the company is responsible and works with farmers to protect their land and farming livelihood. And the farms of Belmont County have treated Rice Energy well–very well. Yesterday MDN reported on first quarter 2016 production in Ohio (see