Alpha Compute Walks Back Oil Claims, Adds a Marcellus Test Well
On Sept. 22, Alpha Compute Corp. (Nasdaq: ALP) said it was buying an old Pennsylvania oil field (county not named) for $5.5 million and planned to put a second 200 MW data center on it (see Alpha Compute’s 2nd PA Data Center Site Comes with 75 Oil Wells). On Tuesday (Sept. 29), the company issued an “update” on the deal. Then it issued the same update again, 86 minutes later. The big news: the property comes with a drilled but not-yet-completed Marcellus “test well,” which the company now says can power that 200 MW data center. The company also now concedes that its 10,000-barrels-per-acre figure is oil in place, not oil anyone can actually get out. What’s still missing: the county, the seller, a closing, and a DEP bond. And some of the new math doesn’t add up. Read More “Alpha Compute Walks Back Oil Claims, Adds a Marcellus Test Well”
Well, well, well. Venture Global (VG) has asked the Federal Energy Regulatory Commission (FERC) for permission to place Phase 1 of its Plaquemines LNG export plant in Louisiana “in service.” In plain English, VG says the plant is finally ready to start shipping LNG to the customers who signed long-term contracts with it, beginning October 31. Never mind that the plant has already shipped at least 417 full cargoes since December 2024 (and probably closer to 500 by now). VG made a killing selling those cargoes on the spot market at sky-high prices. Its contract customers, the folks whose signatures got the plant financed, have been waiting. We’ve called this practice disgusting before, and we haven’t changed our minds. 
Back in August, we told you Amazon Web Services (AWS) was “in discussions” to land data centers at the massive Homer City Energy Campus in Indiana County, PA (see 
The first domino has fallen. Last Thursday, National Fuel Gas Company (NFG) closed its purchase of CenterPoint Energy’s Ohio natural gas utility, the Dayton-area company formerly known as Vectren Energy Delivery of Ohio. Why should Marcellus/Utica folks care about a utility deal in the Miami Valley? Because NFG’s CEO told us several weeks ago that this closing clears the way to split off Seneca Resources, NFG’s drilling arm, into its own separate company (see 
Four U.S. senators—two Republicans, two Democrats—released the final text last Wednesday of a major bipartisan permitting reform bill called the Bipartisan American Affordability and Jobs Act of 2026. It’s 417 pages long, and buried in it are some of the most pipeline-friendly provisions we’ve seen come out of Congress in years: a 150-day deadline to file lawsuits, a nine-month cap on state water permit reviews for interstate gas pipelines, and a free pass from NEPA review for compressor stations and looping built inside existing pipeline rights-of-way. The catch? It has to clear the Senate (60 votes) AND the House during the lame-duck session after the Nov. 3 elections. The clock is ticking. 
A federal judge in Williamsport has thrown out two 10-year-old lawsuits filed by northeastern Pennsylvania landowners who claimed Anadarko, Mitsui, and Williams (the old Access Midstream) were running a mob-style racket to shrink royalty checks. If that sounds familiar, it should. The same lawyers made the same argument in a sister case we first told you about in 2015, and the same judge tossed that one too. The landowners’ “Chesapeake/Access conspiracy” theory is now zero for three. 
Back in July, we told you Tennessee Gas Pipeline (TGP), a Kinder Morgan subsidiary, had launched a non-binding open season for its 219 South Project (see 
Back in 2022, then-Massachusetts Attorney General (now Governor) Maura Healey hit the campaign trail and bragged, “I stopped two gas pipelines from coming into this state” (see 
Back in August, we told you FERC had approved Kinder Morgan’s $5.2 billion pair of Southeast pipeline projects, and we told you to expect Big Green to come after it (see 
For our final 
Every so often the U.S. Energy Information Administration (EIA) publishes something that deserves to be printed out and taped to the wall. This is one of those. To mark America’s 250th, EIA charted the entire history of U.S. energy consumption — from 1776 firewood to 2025 shale gas — and two Pennsylvania milestones show up along the way: Edwin Drake’s first commercial oil well at Titusville in 1859, and the nation’s first full-scale commercial nuclear plant, which came online in the Keystone State in 1957. 
This July was the hottest July on record for the Lower 48 states, averaging 77°F. You’d think a heat wave like that, with everybody cranking up the A/C, would send natural gas prices soaring. Nope. The U.S. Energy Information Administration (EIA) reports the Henry Hub spot price averaged $2.93 per MMBtu (million British thermal units, roughly 1,000 cubic feet of gas) from June through August, 6% less than the same period last summer. EIA credits (or blames, depending on your point of view) record gas production, full storage caverns, LNG export plant maintenance, and more solar and wind generation. That’s the national story. Here in Marcellus/Utica country, the story is the same, only more so. Our local prices ran far below Henry Hub all summer. 
Maryland Gov. Wes Moore took the podium in Annapolis last week and did something that disappointed just about everybody: he did NOT slap a moratorium on new data centers. Instead, he signed an executive order (EO) that creates a new state task force to grade data center projects, a public “dashboard” to track them, and a ban on secret deals between state agencies and developers. He also wants lawmakers to kill a 2020 sales tax break for data centers. The antis at Food & Water Watch (FWW) are grumbling that it’s not enough. What they REALLY want to kill is the gas-fired power plants that would keep the lights on.