CNX Partners with California Co. to Produce Clean Electricity

An interesting announcement issued yesterday by CNX Resources says the company is partnering with a California company, Sapphire Technologies, to use technology that creates clean electricity by tapping into pressures used in producing natural gas. No financial details of the deal were disclosed. CNX will use Sapphire’s turboexpander technology at a facility somewhere in the Marcellus.
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Diversified Energy (formerly Diversified Gas & Oil), with major assets in the Marcellus/Utica region (other regions too), owns approximately 8 million acres of leases with 65,000 (mostly) conventional oil and gas wells. The company’s business model is to buy lower-producing wells on the cheap and find ways to make them more productive. Last week the company issued its fourth annual ESG report, titled “Decarbonizing While Delivering” (full copy below). Across its 10-state operations, Diversified added more than $1 billion in GDP to various state economies, supported more than 8,600 direct and indirect jobs, and generated $500 million in federal, state, and local revenues. On the environmental front, Diversified Energy reduced methane intensity by 20% overall and by more than 30% in the Marcellus/Utica.
There is an ongoing issue with cleanup at a Chesapeake Energy well pad in Bradford County, PA. The Pennsylvania Dept. of Environmental Protection (DEP) showed up at the site to conduct an inspection earlier this year, in January. The DEP inspector found “multiple pools and puddles on the site contaminated with drilling wastewater and possible fracking chemical fluids.” The DEP issued a notice of violation (NOV) for failing to prevent contamination from being discharged on the site. Chesapeake promised to get it cleaned up. Yet, in multiple repeat inspections since then, inspectors have continued to find contaminated fluids on the ground.
New shale permits issued for Apr. 3-9 in the Marcellus/Utica dropped again from the prior week. There were 18 new permits issued in total last week, down from 21 in the prior week (and down from 32 the week before that). Last week’s tally included 13 new permits for Pennsylvania, 0 new permits for Ohio, and 5 new permits in West Virginia. Last week the top receiver of new permits was EQT with 7 new permits (6 in Fayette County, PA, and 1 in Washington County, PA). Two companies tied for #2 with 4 permits each–Coterra (Susquehanna County, PA) and Northeast Natural Energy (Monongalia County, WV).
Yesterday MDN told you about the recently-filed application by the State of Pennsylvania to attract one of 6 to 10 so-called hydrogen hubs to the Keystone State (see
Yeah, you read the headline correctly. Encino Energy offered the State of Ohio $1.8 BILLION (estimated) to drill for natural gas and oil under Salt Fork State Park, located in Guernsey County, OH. The park includes 17,229 acres of land and 2,952 acres of water. In December, Encino made an offer to the state immediately after House Bill (HB) 507 passed. The offer includes a payment of $5,500 per acre as a signing bonus and 20% royalties. No drilling would be done inside the park. All drilling would be done on land surrounding (on the outside of) the park.
One of two original “anchor” applicants in the billion-dollar hydrogen hub Hunger Games contest that was part of Pennsylvania’s application was Equinor (the Norwegian super major formerly known as Statoil). The Pittsburgh Business Times reports Equinor is now out and has been replaced by Mitsubishi Power, which (among other things) builds natural gas and hydrogen turbines to generate electricity. Why did Equinor leave? Is this proposal in trouble?
Since 2015 we’ve reported on the case of Grant Township (Indiana County, PA), a town that passed an ordinance cooked up by the radical Big Green group Community Environmental Legal Defense Fund (CELDF) to try and block a state-approved injection well proposed by Pennsylvania General Energy (
During a routine inspection conducted earlier this week by the Pennsylvania Dept. of Environmental Protection (DEP), an inspector discovered two of 12 Repsol wells on a pad in Susquehanna County were (gasp!) venting methane into the atmosphere. Call the methane police! There’s fugitive methane escaping! The wells were drilled in 2016. Apparently, there has been an ongoing issue with these two wells since 2017, when the DEP determined the wells have defective casing and/or cementing.
Last summer, MDN brought you the news about a lawsuit against Diversified Energy and EQT over the issue of old and “abandoned” wells in West Virginia (see
Yesterday, EQT Corporation and Context Labs announced a partnership to advance the commercialization of verified low-carbon intensity natural gas products and carbon credits. The partnership brings together EQT, the largest natural gas producer in the U.S., and Context Labs, an expert in distributed ledger technology, advanced climate data, and analytics. The partnership will help EQT prove that the natural gas it produces is low-carbon and responsible, and make it easier to market the gas to those who want to buy (and pay more for) low-carbon gas.
Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy in May 2021 with a new board and new top management. In January of this year, the company appointed a new CEO, John Reinhart, the former President and CEO of Marcellus/Utica driller Montage Resources Corporation before that company was gobbled up by Southwestern Energy (see