Fed Court Rules EQT, Diversified Must Face WV Class Action
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 Big Green Uses WV Landowners to Sue EQT, Diversified re Old Wells). In June 2018, MDN exclusively brought our readers the news that Diversified Gas & Oil (now called Diversified Energy) had purchased EQT Corporation’s Huron Shale assets, with a bunch of conventional wells, in Kentucky, Virginia, and West Virginia for $575 million (see Diversified Gas & Oil Adds to Conventional Assets in KY, VA, WV). Several WV landowners, prompted (and supported) by Big Green groups, sued the EQT and Diversified last July, alleging the wells no longer produce and (under law) must be plugged. The new news is that a federal judge in WV ruled yesterday that a proposed class action by the landowners against the companies can proceed.
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Freeport LNG is back online, sucking up 2.1 (or more) billion cubic feet per day (Bcf/d) of natural gas, some of it from the Marcellus/Utica, exporting LNG to other countries. Freeport was out of commission following an explosion and fire in June 2022 until several weeks ago (see
Within two years, LNG replaced all of the gas world markets lost coming from Russia. U.S. export revenues from LNG grew exponentially over the last six years. Export volumes and wealth from LNG could potentially lead to an astonishing $100 billion in new LNG developments in the U.S.! LNG will be a strong driver of U.S. natural gas production over the next seven years. The U.S. may double its exports, or more, from now to 2030. We are, writes author and petroleum engineer Ian Palmer, in the midst of a “Golden Age” for LNG. What is a Golden Age? And what does it mean for LNG?
In March, the U.S. Energy Information Administration (EIA) published its Annual Energy Outlook for 2023 (see
Last week five Republican U.S. Senators introduced the Natural
This is another in our series of what it’s like living “Behind Enemy Lines.” MDN editor Jim Willis lives in Upstate New York (Binghamton area). Our freedoms in NY are being stripped away at an alarming rate. The radical left is in full control of the state, as is illustrated by a recent debate between Gov. Kathy Hochul (a far-left radical) and others in the Democrat Party even further to the left of Hochul, if such a thing is possible. The people left of Hochul are resisting a reasonable compromise in the current budget that would change the current timeline for methane accounting from 20 years to 100 years.
Last week it was a miracle when the three-judge panel from the U.S. Court of Appeals for the Fourth Circuit (i.e. 4th Circuit clown judges) turned back an appeal of a permit issued by the Virginia State Water Control Board allowing Mountain Valley Pipeline (MVP) to cross some 150 streams and wetlands in Southwest 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.
National Grid is desperately trying not to run out of natural gas for its customers in Brooklyn and Queens (on Long Island). It appears because of opposition from crazy leftists, they won’t succeed. For several years the company has fought a battle to run a tiny pipeline to its Greenpoint, Brooklyn facility to provide extra natural gas. That project is going nowhere fast. National Grid has/had a backup plan in case it could not complete the pipeline project–add two extra LNG vaporizers to the Greenpoint facility to turn trucked LNG back into gas that can flow through the system. It seems even Plan B is now gone. What’s left are coming gas outages for Long Island.
The NYMEX futures price for natural gas recently hit a 30-month low (see
We really have seen it all now. A news story appearing in the Washington Free Beacon discusses how a large Democrat Political Action Committee (PAC) is trashing Gov. Ron DeSantis for his support of natural gas. American Bridge 21st Century launched a website on Monday that hits DeSantis over his support for natural gas, the use of fracking, and projects like the Keystone XL pipeline. The PAC, which told DeSantis in its launch post that “we’re coming for you,” suggested DeSantis’s position has harmed the environment and contributed to climate change. Yet a lobbying firm closely connected to the PAC, ABI Associates, has gotten $240,000 from the Interstate Natural Gas Association of America (INGAA)! Words escape us…
The ARCH2 (Appalachian Regional Clean Hydrogen Hub) project, the West Virginia-led effort to attract government funding for one of 6-10 regional hydrogen hubs, took a leap forward today with the announcement by Adams Fork Energy, Haldor Topsoe, and CNX Resources Corp. of a plan to build a “multi-billion-dollar” clean ammonia manufacturing facility in southern West Virginia. CNX will provide natural gas to the plant, tentatively scheduled to begin construction in 2024 in Mingo County, WV. The ammonia plant will be an “anchor project” in the ARCH2 Hydrogen Hub application currently under consideration by the U.S. Dept. of Energy.
The Pennsylvania Public Utility Commission (PUC) published notice in the April 1 Pennsylvania Bulletin that it has denied a request by the Pennsylvania Independent Oil & Gas Association (PIOGA) to reconsider the agency’s plan to regulate small, completely safe natural gas gathering pipelines. We have the news of the PUC’s rejection, and what it means, along with an exclusive–the official response from PIOGA.
The West Virginia Public Energy Authority (PEA) is a seven-member board that aims to make the best use of WV’s abundant natural energy resources. State code gives the board power to buy, lease, and issue bonds to build electric power plants and natural gas transmission projects. Gov. Jim Justice reactivated the board in the summer of 2021 after it had been dormant for most of a decade. The first meeting of the new board was held in February 2022 (see
We have new evidence that so-called environmental groups, including a long list of anti-fracking groups in Pennsylvania, don’t really care about the environmental at all. They only care about the power to dictate to you what energy sources you can and cannot use–as a way of controlling you. Great strides have been made in capturing and sequestering (storing underground) carbon dioxide (CO2). These so-called environmental groups all say that CO2 is killing Mom Earth. Yet when real science is employed to control CO2 (to sequester it), they attempt to block it. Why is that?
Three weeks ago, Chesapeake Energy announced a 15-year deal to provide natural gas for LNG exports to Gunvor Singapore Pte (see